Remove Finance Remove Liability Remove Policy
article thumbnail

Privacy Policy

Community Boost

Different or additional terms and policies may apply to other services we provide. This Privacy Policy does not apply to other websites that we own, provide, or maintain, and do not link to this Privacy Policy. With Notice or Consent. To adjust your Google advertising settings, visit adssettings.google.com.

Policy 52
article thumbnail

Nonprofit Accounting Basics: 5 Fundamentals to Know

Get Fully Funded

The ins and outs of nonprofit accounting may seem overwhelming at first, but effectively recording and reporting your organization’s finances is essential to fund your mission. Jitasa’s nonprofit financial management guide recommends creating the following fiscal policies: Gift acceptance. Expense reimbursement. Staff compensation.

Policy 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Nonprofit Board Member Onboarding: 12 Things to Cover

Qgiv

In short, the board’s duty is to deal with the policies and the “big issues.” The staff, as led by the executive director (president, CEO…) implements that policy: the tactical three-foot view. Program volunteers will also have policy implementation duties. Think strategic, 3,000-foot view.

Finance 52
article thumbnail

An Essential Guide to Nonprofit Financial Management (Best Practices and Tips)

DoJiggy

Nonprofits demand more from managers, especially when it comes to finances. Your nonprofit needs to manage its finances responsibly to be prepared for these thin donation times. You also need policies to stay up-to-date with compliance and reporting requirements. Managing a nonprofit organization has its unique challenges.

article thumbnail

Estate Planning Essentials: 10 Crucial Documents for Organizing Your Affairs

Planned Giving

These non-probate assets include 401(k) accounts, pensions, and life insurance policies. Financial Power of Attorney (POA) A financial power of attorney grants someone the authority to manage your finances and property if you become unable to do so. Home Insurance : Covers property damage and liability.

article thumbnail

The Quick Guide to Nonprofit Board Responsibilities

Qgiv

Obedience The duty of obedience requires your board members to adhere to your organization’s mission, bylaws, and policies. Policy board model The policy board model focuses on setting policies and strategic direction for your organization so your staff can focus on operational management.

article thumbnail

Security: The Scary Part of Cloud Computing

Tech Soup

NTEN chose him to present on cloud security and financing because he has a unique blend of accounting expertise, technology know-how, and nonprofit industry understanding. If there is a security breach by one of your cloud vendors, primary liability for sensitive data rests with your organization - not the cloud vendor.