GrantNews

MAY 8, 2024

Nonprofit Insurance Many nonprofits purchase nonprofit insurance when starting their organization. Business insurance is to protect nonprofits from any claims against the nonprofit made as a result of normal operations. The price of this insurance can vary depending upon the coverage plan chosen.

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Insurance Insurance Liability Insurance Nonprofit 98

Get Fully Funded

JANUARY 16, 2024

Fiscal Policies and Procedures Along with your budget, your fiscal policies and procedures provide guidance for how your team should handle your organization’s funds day to day. Jitasa’s nonprofit financial management guide recommends creating the following fiscal policies: Gift acceptance. Expense reimbursement.

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Planned Giving

OCTOBER 19, 2023

Use Life Insurance or a Charitable Gift Rider Life insurance is usually a key aspect of estate planning, and you can have a say in how the insurance payment is used. You can name a charity as a beneficiary on your policy, for example.

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Insurance Insurance Policy Policies 78

Qgiv

APRIL 15, 2024

Gifts of life insurance. A gift of life insurance is when a donor names an organization as the beneficiary of an insurance policy or transfers ownership of the policy to the charity. A charitable remainder trust allows a donor to donate assets to a trust, which then provides a trustee with an annual payment.

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Pass-Through Insurance Insurance Policy 52

Planned Giving

JULY 29, 2024

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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Pass-Through Insurance Insurance Liability 52

Planned Giving

OCTOBER 20, 2023

A solid planned giving program is your best insurance policy during a market downturn. As the economic downturn continues, nonprofits that put all their eggs in one basket by relying solely on annual giving and individual gifts are going to find those eggs are cracked and scrambled. Contact us today to get started.

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Insurance Insurance Policy Policies 52

Planned Giving

JULY 11, 2024

Sometimes brokerage and insurance services are slow to pay out on a planned gift or beneficiary designation. Some donors may wish to place restrictions on their gift that go against a nonprofit’s policies. It turns out there are several: The nonprofit might not get the donation if it doesn’t know about it.

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Insurance Insurance Nonprofit Policy 56

Blackbaud

DECEMBER 20, 2023

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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Indirect Cost Indirect Finance Government 88

iGrantWriters

JANUARY 25, 2022

In addition, it provides general administrative policies and procedural guidance set forth by ETA and requirements outlined in the RESEA Statement of Work. Deadline to Apply March 07, 2022

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Blackbaud

OCTOBER 20, 2023

However, before a business officer offers flexibility, it’s essential to have rules that define the terms of tuition payment and processing and have school leadership fully support those policies. By working closely with the school to understand its policies, we can help families find the best way to honor payments when hardships occur.

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Contracts Contract Policy Policies 89

Seliger + Associates Grant Writing

JULY 17, 2023

The trade-off between individual and economic benefits also came to light in government policies around who was labeled an essential worker (and, later, who received work from home privileges and who did not). Navigating policies in any workplace can be challenging. I want to survey academic workers to understand how these things work.

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Selfish Giving

FEBRUARY 14, 2024

For example, I just read about a new pet insurance company that donates $25 every time a new customer signs up for a policy. The key with startups is to get in early and build connections to drive fundraising down the road. Maybe this was the company's idea. Maybe it was the nonprofit's.

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Center for Major Gifts

AUGUST 19, 2024

– Beneficiary Designations Name a charity as a beneficiary of your retirement plan or life insurance policy. Supporting Charities Through Your Estate – Bequests Designate a legacy gift in your will or trust. – Residual Gifts Leave the residual amount of your estate to a charity after taking care of loved ones.

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Pass-Through Insurance Insurance Finance 52

Get Fully Funded

JULY 8, 2024

And you need the right practices and policies in place to ensure those employees are prepared to do their jobs well and have a positive employment experience at your organization. These include the Fair Labor Standards Act, OSHA requirements, social security policies, and all state and local regulations. Recruitment and retention.

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Qgiv

AUGUST 10, 2022

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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Finance Nonprofit Policy Policies 52

GrantNews

JUNE 21, 2024

Make sure your insurance policies, like ID, are up to date. Conduct an inventory and contact your insurance company. Make an Emergency Plan. Make sure everyone in your household knows and understands what to do if you need to quickly evacuate. Review important documents. Strengthen your Home. Phone systems are often busy.

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Grants Grant Insurance Insurance 69

Center for Major Gifts

JUNE 16, 2024

Anyone can make a gift of real estate as long as the nonprofit’s gift acceptance policy allows it, and the property is in marketable condition; ideally free of debts. Maintenance fees, utilities, taxes, and insurance. Who are you, as the donor? Ask your advisor for details on “carrying forward” your deduction.

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Pass-Through Insurance Insurance Liability 52

Qgiv

MARCH 5, 2024

Political organizations: Political nonprofits engage in advocacy, lobbying, and political activities to influence legislation and public policy. 501(c)(8): This type of nonprofit includes fraternal beneficiary societies and associations that provide benefits, such as insurance, to members of the organization through membership fees.

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Insurance Insurance Nonprofit Liability 52

GrantNews

APRIL 11, 2024

While enforcing these policies to protect our society is the FDA’s responsibility, it is the individual who must take responsibility for their own health. Regular Check-Ups – Regardless of insurance status, research local medical professionals for viable options. They help urban citizens source healthy foods.

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Grants Grant Management Grants Calendar 72

Selfish Giving

APRIL 13, 2022

This online insurance company donates money to your favorite cause when you don't file claims. Could you do something like this with a regular insurance company? Or could you earn a donation whenever a policy is purchased? For example, this grand opening fundraiser raised $30,000!

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The Fundraising Coach

OCTOBER 20, 2023

Life insurance: Donors can list your organization as a beneficiary on their life insurance policy. Legacy giving can take a variety of forms, including: Bequests: NXUnite defines bequests as “a legacy gift where the donor includes a nonprofit in their will, leaving a portion of their estate to it.”

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Selfish Giving

AUGUST 22, 2018

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! Working with PETA, Nabisco's animal crackers has released the animals from their cages. See the redesign. ??Now

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Planned Giving

AUGUST 15, 2024

It’s like an insurance policy for your life, not just your death. One minute you’re living on ramen in your college dorm, the next you’re shopping for life insurance. Young People Don’t Need Estate Planning Ah, to be young and feel invincible. But let’s get real: Life is unpredictable.

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GiveSmart

DECEMBER 11, 2023

Get insurance policies. One way your organization can do this is to obtain an employer identification number (EIN) from the federal government. This number allows you to: Open a separate bank account. Process your payroll. Make your tax payments. Become eligible for certain funding opportunities.

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Blue Avocado

JANUARY 16, 2024

Should issues arise concerning a specific legal matter involving you or your nonprofit, you are encouraged to contact legal counsel or your D&O insurance carrier, which may provide employment advice as a service to its insured organizations. The post Ask Rita in HR: Should Murphy’s Law Be a Consideration in Making HR Decisions?

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The Fundraising Coach

SEPTEMBER 8, 2023

Direct mail: Which would be more attention-grabbing: an announcement from your doctor’s office warning that their list of accepted insurance policies is changing or a direct letter listing your outstanding payments?

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Insurance Insurance Media Policy 52

Planned Giving

OCTOBER 7, 2023

They have no idea how simple it is to give (and receive) a bequest; have never heard of a Donor Advised Fund; and have no idea they can accept a gift of life insurance or a retirement plan that could fund their mission for generations to come. That unfamiliarity leads to resistance. Yet churches have a major advantage over other nonprofits.

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The NonProfit Times

AUGUST 22, 2024

But is flooding covered under a typical commercial insurance policy? Rushing : Flood coverage is not typically included in a commercial insurance policy. Although you might be able to purchase flood insurance from your carrier or add it to your policy, many managers do not.

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Insurance Insurance Policy Policies 52

Get Fully Funded

OCTOBER 14, 2021

These include the Fair Labor Standards Act, social security policies, OSHA requirements, and all state and local labor regulations. HR professionals can handle payroll tasks, as well as insurance coverage and managing other employee benefits.

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IT Nonprofit Consulting Consultant 52

Tech Soup

JUNE 16, 2014

Blurred Policy Lines and the Downsides of Sharing. She calls it The Great Risk Shift, where for-profit companies are shifting the liability, overhead, insurance, and consumer risks to the individual workers (and to the consumers). Sustainability and other do-gooder motivations are much lower on the list of reasons why they participate.

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Get Fully Funded

JUNE 29, 2021

And you need policies, procedures, and processes. Even in the early days when the donut shop is struggling financially, appropriate insurance is required. So work with an insurer or an insurance broker to understand the coverage you need to best protect your organization and its liability. You need a marketing plan.

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Policies Procedures Insurance Insurance Policy 116

Get Fully Funded

FEBRUARY 14, 2022

Renting an event facility may be more expensive, but you will feel confident that they have the right insurance and that many logistical details like parking and accessibility will be covered. What is your event space’s policy on caterers? But on your first special event, I recommend a longer timeline so you’re not rushed.

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Policy Policies Fundraising Pass-Through 59

Tech Soup

JULY 30, 2013

With all of these new devices, it is important for your organization to implement a Bring Your Own Device (BYOD) policy. One company, Nomanini , works as a "digital vending machine" for selling prepaid vouchers for various services such as mobile connectivity, electricity, water, and insurance. Windows Phone Evolves.

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Get Fully Funded

AUGUST 24, 2022

Thanking supporters now is an insurance policy for asking for support again later. This is a great way to build a closer relationship with your key supporters. You may even get additional donations through this process and also facilitate pledge payments.

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Fundraising Donation Funding Insurance 52

Grant Professionals Association

MAY 22, 2024

What you do next is entirely dependent on the policies and procedures that your organization has put in place for your development team. Create philanthropic policies that incentivize partnership. Establish written policies and procedures to empower your development office. A decision tree is a great first step. Is this a grant?

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Grants Grant Metrics Policy 59

Qgiv

AUGUST 27, 2021

Whoever is serving the alcohol should have the proper licensing and insurance. Other things to think about include cancellation policies, last minute venue or date changes, and what their deposit policy is like. If you have to use pens, enforce a one pen per guest policy to avoid shared materials. ID required”).

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Get Fully Funded

DECEMBER 7, 2021

Here’s where a Gift Acceptance Policy can help (more on that in a moment). You might say to that donor “That’s a generous offer, but our policy says I need to take this sort of donation to my Board for approval.” Either way, your Investment Policy will outline how donated stocks and bonds are handled. Now you’re off the hook.

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