Blackbaud

SEPTEMBER 13, 2024

So, while bequests, insurance policies and planned gifts are exciting for the organization, those donations won’t be reflected in the GAAP reporting. Kudos to your development team for getting the payout from an insurance policy of a 45-year-old.

Insurance 101

Insurance Insurance Finance Nonprofit 101

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.

Insurance 98

Insurance Insurance Policies Policy 98

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.

Insurance 52

Insurance Insurance Policies Policy 52

Qgiv

DECEMBER 12, 2023

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?

Donation 83

Donation Policies Policy Nonprofit 83

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.

Indirect Cost 105

Indirect Cost Indirect Finance Government 105

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.

Contracts 105

Contracts Contract Policies Policy 105

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.

Insurance 80

Insurance Insurance Nonprofit Policies 80

Planned Giving

FEBRUARY 13, 2025

These non-probate assets include 401(k) accounts, pensions, and life insurance policies. How to Create Beneficiary Designations To designate beneficiaries: Contact Institutions : Reach out to banks, insurance companies, and retirement plan administrators. Health Insurance : Covers medical expenses.

Insurance 52

Insurance Insurance Policies Policy 52

Get Fully Funded

FEBRUARY 10, 2025

However, you can strategically cut other administrative costs by: Evaluating your organizations insurance plan to ensure youre getting the right amount of coverage for the best price. With all of these policies to consider, maintaining financial compliance can quickly become complicated.

Management 52

Management Nonprofit Finance Software 52

The NonProfit Times

AUGUST 21, 2024

Four nonprofit healthcare organizations were the top spenders when it came to lobbying Congress for healthcare policy changes. In fact, 14 of the 30 on the list spent more than $1 million during the quarter. Some of the 30, such as Oracle and CVS, are not nonprofits. million and $2.7

Lobbying 52

Lobbying Insurance Insurance Liability 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?

Grant 59

Grant Grants Metrics Policies 59

Blue Avocado

FEBRUARY 16, 2024

In this one-hour webinar, participants will get an overview of how to protect their copyright and avoid the infringement of others, including: What is protectable What is not copyrightable Public policy behind the law How to protect your organization’s copyrighted works Infringement risks to avoid Chris Reed, General Counsel and Chief Risk Officer (..)

Insurance 52

Insurance Insurance Ethics Policies 52

Red Tape Busters

JULY 11, 2023

Insurance The natural disasters that have besieged Australia in recent years, have highlighted the need for grant writers to have easy access to insurance details. At a minimum, this should include the Certificate of Currency and the Policy document, including any supplementary documents.

Insurance 52

Insurance Insurance Grant Grants 52

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

Insurance 63

Insurance Insurance Media Policies 63

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.

Policies 52

Policies Policy Finance Budget 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.

Nonprofit 65

Nonprofit Conference Insurance Insurance 65

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.

Pass-Through 52

Pass-Through Insurance Insurance Policies 52

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

Insurance 40

Insurance Insurance Funding Policies 40

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.

Insurance 52

Insurance Insurance Policies 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.

Pass-Through 52

Pass-Through Insurance Insurance Liability 52

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.

Finance 52

Finance Nonprofit Policies Policy 52

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.

Insurance 59

Insurance Insurance Policies Policy 59

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.

Grant 70

Grant Grants Management Grant Calendar 70

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.

Insurance 68

Insurance Insurance Grant Grants 68

Planned Giving

DECEMBER 10, 2024

Transferring Non-Probate Assets: Certain assets, such as life insurance policies, retirement accounts, and payable-on-death (POD) or transfer-on-death (TOD) accounts, require a death certificate to transfer ownership to beneficiaries. Payment methods may include cash, check, or credit card, depending on the office’s policies.

Pass-Through 52

Pass-Through Policies Policy Insurance 52

Planned Giving

DECEMBER 2, 2024

Non-Probate Assets Life Insurance Policies Naming a charity as the beneficiary of a life insurance policy is a simple way to make a substantial donation without affecting your estate’s liquidity. Vehicles Donating a vehicle can provide immediate practical use for a charity, or it can be sold to raise funds.

Donation 52

Donation Insurance Insurance Policies 52

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!

Retail 52

Retail Insurance Insurance Engineering 52

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.

Telecommunication 61

Telecommunication Manufacturing Nonprofit Conference 61

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.

Readiness 40

Readiness Policies Policy Education 40

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.

Insurance 74

Insurance Insurance SAM Liability 74

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.

IT 52

IT Nonprofit Consultant Consulting 52

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.

Pass-Through 52

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.

Insurance 52

Insurance Insurance Nonprofit Liability 52

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.

Pass-Through 52

Pass-Through Insurance Insurance Finance 52

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.”

Pass-Through 52

Pass-Through Insurance Insurance Donation 52

Planned Giving

JANUARY 14, 2025

Non-Probate Assets : Life insurance policies, retirement accounts, and other accounts with named beneficiaries transfer directly to those beneficiaries. Assets That Bypass Probate Trust Assets : Assets held in a living trust are transferred directly to beneficiaries without going through probate.

Pass-Through 52

Pass-Through Insurance Insurance Policies 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.

Donation 59

Donation Pass-Through Insurance Insurance 59