Blue Avocado

MARCH 3, 2025

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.

Insurance 59

Insurance Insurance Liability Liability Insurance 59

Candid

APRIL 11, 2024

When the Supreme Court gutted race-conscious admissions last summer and the American Alliance for Equal Rights followed with a lawsuit against the Fearless Fund, some in the philanthropic sector feared that demographic data had become a potential liability. It also provides a quantitative baseline to evaluate and build upon equity strategies.

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Demographics Liability Ethics AI 98

GrantNews

MAY 8, 2024

Stay focused on your goal, but be prepared for what you’ll need to move forward. If your fundraising goal is under $50,000, you would likely be eligible to file Form 1023-EZ (short form) at an approximate cost of $275 (as of 2018). However, most nonprofit organizations start out with a Business Owner’s Policy (BOP).

Insurance 113

Insurance Insurance Liability Insurance Nonprofit 113

Get Fully Funded

FEBRUARY 20, 2023

Plus, it’s responsible for ensuring that you meet goals and keep promises to the public, donors, and beneficiaries. They should put internal controls in place and help write policies to prevent loss, theft, or confusion, using current b est practices. It’s a much bigger responsibility than most people understand.

Strategic Plan 116

Strategic Plan Nonprofit Ethics Government 116

Get Fully Funded

JANUARY 16, 2024

The Difference Between For-Profit and Nonprofit Accounting Most for-profit organizations’ main goal in accounting is to earn the largest possible profit. 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.

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Policy Policies Finance Budget 52

Qgiv

JULY 24, 2024

At its core, your board is responsible for steering your nonprofit towards achieving your goals while ensuring legal and ethical integrity. Obedience The duty of obedience requires your board members to adhere to your organization’s mission, bylaws, and policies.

Strategic Plan 52

Strategic Plan Nonprofit Policy Policies 52

Big Fundraising Ideas

NOVEMBER 26, 2024

Blog Summary: By understanding and addressing these ethical considerations, schools can create effective and responsible fundraising programs that foster community trust and achieve their financial goals. Steps to Promote Transparency Set Clear Goals Before launching a fundraiser, clearly define the purpose and financial goal.

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Ethics Fundraising Goals Liability 52