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Analyzing Budgets and Saving Money at a Nonprofit

Get Fully Funded

The need for local pest control, insurance, copier lease, or related services may change, therefore you should re-evaluate annually. Buy in Bulk – How many of us buy small quantities of office supplies at the local dollar store to “get us through until the next donation?” This strategy is fantastic EXCEPT during a pandemic!

Budget 98
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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.

Funding 111
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Two Federal Bills Target Nonprofit Retirement Plans

The NonProfit Times

By Paul Clolery Nonprofit employees with 403(b) retirement plans would be able to participate in collective investment trusts (CITs), if new federal legislation passes and is signed into law. ” If passed and signed into law, it would make available a tax credit of up to $5,000 for the three years of a retirement plan’s operation.

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The Nonprofit’s Guide to Legacy Giving

Qgiv

One way your donors can help you extend your impact is through legacy giving. Legacy giving is a committed donation a donor plans to leave to a nonprofit organization as part of their estate after they’ve passed away. Here’s a look at seven of the most common types of legacy gifts: Bequests through wills and estate plans.

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Primary School Fundraising Ideas for Every Season | Big Fundraising Ideas

Big Fundraising Ideas

Bonus tip: To encourage early orders, promote the kits through the schools email list or PTA Facebookgroup. Charge a small fee per session or offer a term-long pass. Extra note: If you partner with a local instructor, ask them to volunteer or reduce their fee in exchange for promotion through the schoolnetwork.

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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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Your Open House on Gifts of Real Estate

Center for Major Gifts

While these words, though seen frequently, are valid, rarely are they fulfilled more meaningfully than through a gift of real estate to the nonprofit you cherish most. Many parents and grandparents purchase second homes and assume their heirs will want this property after passing. Maintenance fees, utilities, taxes, and insurance.