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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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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. Tax benefits.

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9 Fun Golf Tournament Ideas to Raise Extra Revenue

Greater Giving

To get the ball rolling, find an insured company that can provide the equipment, staff, and expertise to ensure that golf balls can be launched safely. Each team buys one ball and passes it from player to player through the course. Golf Course Ball Launcher This is one of the most fun golf tournament hole ideas.

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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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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. My father passed away after a battle with dementia. I kept this up for quite awhile, then proudly presented the money to the March of Dimes.

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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. The church courts handled probate issues, ensuring that the deceased’s soul was cared for through proper distribution of their estate. Assets that must go through probate are known as probate assets.