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Health Nonprofits Spending Millions Lobbying

The NonProfit Times

Four nonprofit healthcare organizations were the top spenders when it came to lobbying Congress for healthcare policy changes. The report analyzed healthcare sector Chapter 11 bankruptcy filings from 2019 through mid-2024 for companies with more than $10 million in liabilities. million and $2.7

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What Are 7 Common Nonprofit Startup Costs?

GrantNews

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. The price of this insurance can vary depending upon the coverage plan chosen.

Insurance 102
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Understanding Probate: A Comprehensive Guide to the Probate Process

Planned Giving

These include: Assets with a Named Beneficiary: Such as life insurance policies or retirement accounts. Non-Probate Assets Without a Beneficiary: Certain assets like life insurance policies and retirement accounts pass directly to a chosen beneficiary. Estate: All assets and liabilities left by the decedent.

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Types of Nonprofits: A Comprehensive Guide

Qgiv

Political organizations: Political nonprofits engage in advocacy, lobbying, and political activities to influence legislation and public policy. 501(c)(2) : This type of tax-exemption is for exempt organizations to create a corporation to hold the title to property the organization owns to minimize liability risks of losing the property.

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Nonprofit Accounting Basics: 5 Fundamentals to Know

Get Fully Funded

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. Jitasa’s nonprofit financial management guide recommends creating the following fiscal policies: Gift acceptance. Expense reimbursement.

Policy 52
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Your Open House on Gifts of Real Estate

Center for Major Gifts

Anyone can make a gift of real estate as long as the nonprofit’s gift acceptance policy allows it, and the property is in marketable condition; ideally free of debts. Nonprofits can refuse to accept a property if it puts the nonprofit at risk of liability or unaffordable expenses. Maintenance fees, utilities, taxes, and insurance.

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Nonprofit Board Member Onboarding: 12 Things to Cover

Qgiv

Nonprofits have two customers – the people they serve through the mission and the people or organizations which pay for all or part of the services, such as donors, insurance companies, government entities, and more. In short, the board’s duty is to deal with the policies and the “big issues.” Think strategic, 3,000-foot view.

Finance 52