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Why Are Nonprofits Experiencing An Insurance Crisis? And What Can the Nonprofit Sector Do About it?

Blue Avocado

If you’re reading this, you probably already know about the problems that nonprofits like yours are facing with their insurance: Rising insurance premiums, poor coverage from commercial insurance carriers, and in some cases, the loss of coverage altogether. Why are insurance rates soaring for nonprofits?

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Your Unrestricted Funds Need Stewardship, Too

Blackbaud

Many don’t cover operating costs or have a small allotment for indirect costs such as salaries, insurance, and utilities. A lot of individual donations, like ones that come through your organization’s website or through the Annual Fund, are often unrestricted. They don’t come with any direction or reporting requirements.

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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. Gaining a clear understanding of probate can render the process more straightforward and manageable than it initially appears. Assets that must go through probate are known as probate assets.

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Estate Planning Essentials: 10 Crucial Documents for Organizing Your Affairs

Planned Giving

Estate planning involves determining who will inherit your assets and who will manage your estate upon your death. Executor : You can designate someone you trust to manage your estate. Control : You can manage and alter the trust during your lifetime. What Is Estate Planning? Clarity : Ensures your wishes are followed.

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Impactful Legacy Giving Benefits for You and Your Donors

The Fundraising Coach

This is completed either by setting aside a donation to be given after the donor passes away or by giving a gift during their lifetime that continues to grow following the donor’s passing. Life insurance: Donors can list your organization as a beneficiary on their life insurance policy.

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Women’s Comprehensive Guide to Estate Planning

Center for Major Gifts

From longer life expectancy to evolving roles in society, women need a tailored approach to ensure their legacy is managed according to their wishes. This guide will take you through the essentials of estate planning, highlighting its importance, timing, and the key elements you need to consider. Why Focus on Estate Planning for Women?

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Stories from Donors in the 2021 Burk Donor Survey on Why They Give

Penelope Burk

My deep gratitude, which I express through giving, continues to this day. About forty years ago, I was living through a cold winter in a house with no insulation. I worked and managed that restaurant for a couple of years until we realized we could no longer keep it profitable. My father passed away after a battle with dementia.