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Why It’s Important to Inform Nonprofits About Your Planned Gifts

Planned Giving

percent sometimes inform the organizations. Sometimes brokerage and insurance services are slow to pay out on a planned gift or beneficiary designation. Some donors may wish to place restrictions on their gift that go against a nonprofit’s policies. It may seem silly, but it’s true — and it’s a step many donors forget.

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Lessons From Debby: 5 Things Before Severe Weather Hits

The NonProfit Times

But is flooding covered under a typical commercial insurance policy? Rushing : Flood coverage is not typically included in a commercial insurance policy. Although you might be able to purchase flood insurance from your carrier or add it to your policy, many managers do not.

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Strengthening communities by supporting the nonprofit workforce 

Candid

In 2022, 48% owned their homes, only 4% had any investment income, 25% were covered by public health insurance, and 10% had no coverage at all. Nonprofits working in the areas of health care as well as finance and insurance (e.g., credit unions) had the lowest rates of financial hardship (16%) and 73% offered private health insurance.

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5 Strategies To Keep Your Office Safe

The NonProfit Times

Additionally, remember to include your local emergency response agencies in your plan, and provide them with copies of your plan, facility maps, and contact information. Regularly review the list to make sure all information is current and keep several copies of the list in key locations throughout your facility as well as offsite.

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What Are 7 Common Nonprofit Startup Costs?

GrantNews

Having a legal perspective helps ensure the paperwork filed has all the accurate information required. Nonprofit Insurance Many nonprofits purchase nonprofit insurance when starting their organization. Business insurance is to protect nonprofits from any claims against the nonprofit made as a result of normal operations.

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GAAP for Nonprofits: How to Reconcile GAAP and Non-GAAP Results

Blackbaud

So, while bequests, insurance policies and planned gifts are exciting for the organization, those donations won’t be reflected in the GAAP reporting. Kudos to your development team for getting the payout from an insurance policy of a 45-year-old. How Development and Finance Can Get Along (Really!)Does

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Should You Have A Grant Writers Kit?

Red Tape Busters

Generally, a Grant Writers’ kit simply represents a single place to access all the information and documents that are typically requested when grant writing. The Grant Writer ‘kit’ is simply a reference document with links to the relevant information, which should be updated any time the information changes.

Grant 52