Remove Government Remove Liability Remove Pass-Through
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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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Understanding Probate: A Comprehensive Guide to the Probate Process

Planned Giving

However, this essential procedure plays a critical role in ensuring that a loved one’s wishes are honored after they pass away. Over time, as societies evolved, so did the laws governing probate, aiming to protect the rights of heirs and creditors. Assets that must go through probate are known as probate assets. What is Probate?

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How Lessons Learned From Fighting Food Insecurity Can Help Your Nonprofit

Blue Avocado

Even if you think that your area of interest could not possibly have been addressed by governance or the courts, there may be laws on the books that affect the handling and redistribution of specific or related resources. After many years of lobbying and hard work, the GSA was passed, enabling all parties to help people.

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The Fundamentals of Grant Writing for Nonprofits: How to Write an Effective Grant Proposal

Allied Grant Writers

Grant writing is the process of submitting an application for money from a private, corporate, or government source. Government agencies are responsible for grant awarding made for nonprofit organizations that received funding. government redistributes resources to eligible recipients. What are Grants? File these documents.

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The Fundamentals of Grant Writing for Nonprofits: How to Write an Effective Grant Proposal

Allied Grant Writers

Grant writing is the process of submitting an application for money from a private, corporate, or government source. Government agencies are responsible for grant awarding made for nonprofit organizations that received funding. government redistributes resources to eligible recipients. What are Grants? File these documents.

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501c.yada, yada, yada

Sharpshooter Communications

There are probably a million loopholes through and around these requirements. Therefore, in addition to a notification requirement , Type III supporting organizations must pass separate responsiveness and integral part tests. I’ve included the links. I am NOT an accountant. I am NOT an attorney. 501c4: Social Welfare Organizations.

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Financial Audits for Small Nonprofits By: Kellie Brungard, GPC

Assel Grant Services

Disclaimer of Opinion – This type of report shows a company is not compliant with GAAP guidelines and portrays gross misstatements on its assets and liabilities. Here are the circumstances that may trigger an audit requirement: Federal, state, and local government contracts may require an audit as part of the nonprofit’s contract for funding.

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