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Why You Should Run Your Nonprofit Like a Business

Get Fully Funded

And you need policies, procedures, and processes. Use all the tools that make sense to market your organization, including your website , social media, email , and direct mail. Even in the early days when the donut shop is struggling financially, appropriate insurance is required. You have to establish your brand. Now, I know.

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Newsletter: Peta, Nabisco Uncage Animals ; One-Person Nonprofit Schools You on Earned Media ; Tide 'Loads of Hope' Aid Wildfire Victim

Selfish Giving

My insurance company, MAPFRE , offered me a 5% discount off my insurance policy for a $25 donation to the Pan-Mass Challenge. With teens on my auto insurance, my plan is over $3,000 a year so I saved $150! Now, he's landed some massive earned media on NBC's Dateline. ??ALWAYS See the redesign. ??Now

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7 Ways Your Nonprofit Can Build a Strong Financial Foundation in 2024

Blackbaud

Create an Operating Reserve Fund (or Review Your Policy) An operating reserve is a crucial part of creating a strong financial foundation for your organization. Tip 1: If you have an operating reserve, review your policy. Update the policy based on your current and future needs.

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In-Kind Donations 101: A Guide for Nonprofits

Qgiv

While there are risks of accepting in-kind donations, those risks can be offset by creating firm policies and guidelines surrounding the in-kind donations your nonprofit will accept. Not all gifts are made equally, and you won’t be able to accept them all if you don’t create an in-kind donation policy. What are in-kind donations?

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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. Designating Beneficiaries: For life insurance and retirement accounts.

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Facing the Flames: How to Prepare for Wildfire Season

GrantNews

Make sure your insurance policies, like ID, are up to date. Conduct an inventory and contact your insurance company. Send text messages or use social media to reach out to family and friends. Make an Emergency Plan. Make sure everyone in your household knows and understands what to do if you need to quickly evacuate.

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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.

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