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Lessons From Debby: 5 Things Before Severe Weather Hits

The NonProfit Times

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. Are facility repairs needed?

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7 Ways Your Nonprofit Can Build a Strong Financial Foundation in 2024

Blackbaud

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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Philanthropy Officers and Grant Professionals

Grant Professionals Association

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?

Grants 59
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Types of Nonprofits: A Comprehensive Guide

Qgiv

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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Nonprofit Board Member Onboarding: 12 Things to Cover

Qgiv

Ideally, they have a deep interest in your mission and are ready to pitch in their time, talent, and treasure. 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.

Finance 52
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Impactful Legacy Giving Benefits for You and Your Donors

The Fundraising Coach

Life insurance: Donors can list your organization as a beneficiary on their life insurance policy. How to Tap Into Legacy Giving Now that you understand the benefits for both you and your donors, you’re ready to start promoting legacy giving and tapping into the opportunity.

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Your Complete Guide to Planning Your First Special Event

Get Fully Funded

If you cannot find five or six people who are as excited to plan a special event as you are, then your organization might not be ready for a special event. If every committee member is ready to get out there to ask local businesses to sponsor your event, your chances of success are greater. This will save you some headache later.