Remove Insurance Remove Pass-Through Remove Utilities
article thumbnail

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. What are Unrestricted Funds?

Funding 111
article thumbnail

Analyzing Budgets and Saving Money at a Nonprofit

Get Fully Funded

These are bills that you pay monthly, such as salaries, rent, utilities, landscaping, pest control, or accounting fees. Example: Energy/Utility. The need for local pest control, insurance, copier lease, or related services may change, therefore you should re-evaluate annually. Next, prioritize fixed expenses.

Budget 98
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Why Planned Giving?

Planned Giving

Those large gifts are possible because they utilize planned giving. These include gifts of equity, life insurance, real estate, personal property, or cash. All you need to do is utilize tools you did not know you had. What is Planned Giving? You are the change-maker. This gift costs nothing during your lifetime!

article thumbnail

Estate Planning Essentials: 10 Crucial Documents for Organizing Your Affairs

Planned Giving

Beneficiary Designations Certain assets can be transferred directly to beneficiaries without going through probate. These non-probate assets include 401(k) accounts, pensions, and life insurance policies. Types of Insurance Policies Life Insurance : Provides financial support to your beneficiaries.

article thumbnail

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.

article thumbnail

7 Vital Tips for Successful Estate Planning for Aging Baby Boomers

Planned Giving

Estate planning is a crucial step in ensuring that your assets and wishes are handled according to your preferences after your passing. Beneficiary designations on accounts like life insurance, retirement plans, and bank accounts supersede wills. Life changes, and so should your estate plan. million until 2025.

article thumbnail

Safety First: How to Mitigate Risk at In-Person Events

Qgiv

It’s helpful to be present at the venue and to go through a visualization exercise with key staff or volunteers. From parking and check-in, all the way through the main event and checkout, it’s important to take time to think through what your safe event should look like! Let’s pretend you’ve got your venue selected. Here we go!