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Why You Should Run Your Nonprofit Like a Business

Get Fully Funded

Even in the early days when the donut shop is struggling financially, appropriate insurance is required. So work with an insurer or an insurance broker to understand the coverage you need to best protect your organization and its liability. There’s always that possibility. We’ve seen it time and time again.

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How to Probate a Will: A Comprehensive Guide

Planned Giving

This includes real estate, bank accounts, investments, personal property, and liabilities like mortgages and loans. Methods of Notification Notifications can be sent via mail, published in local newspapers, or delivered through other legal means as required by state law. How does probate impact life insurance and retirement accounts?

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Nonprofit Accounting Basics: 5 Fundamentals to Know

Get Fully Funded

As NXUnite’s guide to nonprofit human resources explains, the policy should include information about indirect compensation such as health insurance and paid time off in addition to direct compensation like salaries and bonuses. This policy provides guidelines for how your employees are compensated for their work at your organization.

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Primary School Fundraising Ideas for Every Season | Big Fundraising Ideas

Big Fundraising Ideas

If you plan to serve alcohol (where permitted), check local regulations and appropriate insurance needs. Always check local regulations and consider liability insurance if hosting more significant events. Originally published at [link]. Charge an admission fee and sell warm beverages and glowsticks.

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Treasurers of All-Volunteer Organizations: Eight Key Responsibilities

Blue Avocado

Most state nonprofit associations have helplines or publish FAQs and other guides covering these types of issues. Nonprofits Insurance Alliance and the Nonprofit Risk Management Center provide free introductory articles on ways to manage these and other risks. If you’re uncomfortable asking for help, get over it quickly!

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