Remove Donation Remove Liability Remove Policies
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Keep Your Gift Acceptance Policy Strong

Planned Giving

Read on for a few simple steps to build or strengthen your gift acceptance policy. What is a Gift Acceptance Policy? A gift acceptance policy serves as a transparency tool for your organization to understand which gifts your nonprofit is prepared to warmly accept. What does a Gift Acceptance Policy Contain?

Policy 93
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Why Are Nonprofits Experiencing An Insurance Crisis? And What Can the Nonprofit Sector Do About it?

Blue Avocado

Lower liability insurance limits First, the community-based nonprofit sector generally must carry lower limits of liability insurance. Most insurance companies have reinsurance in order to protect their solvency and transfer a portion of their liability to the reinsurer. The answer is fourfold.

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Tips for Non-Cash Donations to Your Organization

Blackbaud

Before we explore my best tips for non-cash donations to your organization, let’s look at a common scenario: A donor receives a paycheck, pays taxes on the earnings, deposits the proceeds in their checking account, writes a check to charity, and receives a partial deduction for their gift. Do you have a gift acceptance policy?

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How to Create a Volunteer Handbook Your Volunteers Will Use

Get Fully Funded

If your organization relies on volunteers, even just a little, you need a volunteer handbook that spells out expectations, policies, and procedures. Let your volunteers know about your organization’s liability coverage, what it covers and what it does not. Is there a liability release everyone must sign? Is orientation required?

Policy 119
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Why You Should Run Your Nonprofit Like a Business

Get Fully Funded

And you need policies, procedures, and processes. If you’re not marketing your nonprofit every day, you’re missing out on donations that could be helping you meet needs in your community. But the good news is you can always ramp up as your donor base grows and you bring in more donations. You have to establish your brand.

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The 10 roles and responsibilities of a nonprofit Board of Directors

Get Fully Funded

They should put internal controls in place and help write policies to prevent loss, theft, or confusion, using current b est practices. Because they donate their time, people in the community tend to respect the fact that they are part of something they really believe in.

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Nonprofit Accounting Basics: 5 Fundamentals to Know

Get Fully Funded

These categories may include: Individual donations of all sizes and varieties. Fiscal Policies and Procedures Along with your budget, your fiscal policies and procedures provide guidance for how your team should handle your organization’s funds day to day. Most nonprofits break down the revenue side of their budget by source.

Policy 52