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What Are 7 Common Nonprofit Startup Costs?

GrantNews

Nonprofits often use a lawyer to get a set of ‘trained professional eyes’ on their documents. 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.

Insurance 114
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GAAP for Nonprofits: How to Reconcile GAAP and Non-GAAP Results

Blackbaud

With good training, clear reporting, and a little patience, you can help your nonprofit Board members understand the difference between the GAAP results your accounting team needs and the non-GAAP results presented by other areas of the organization.

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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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Nonprofit Board Member Onboarding: 12 Things to Cover

Qgiv

In addition, you may find it helpful to use the Nonprofit.Courses’ guide to nonprofit board training as a resource to further improve your onboarding work. That level of knowledge builds over time with ongoing training at board meetings, through tours, at events, and by other means. Let’s begin. Your Mission.

Finance 52
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Facing the Flames: How to Prepare for Wildfire Season

GrantNews

Make sure your insurance policies, like ID, are up to date. Conduct an inventory and contact your insurance company. Funding will be for training, technology, and equipment. Make an Emergency Plan. Make sure everyone in your household knows and understands what to do if you need to quickly evacuate. Strengthen your Home.

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Grants For Health: Partner with the FDA & Manage Your Health

GrantNews

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.

Grants 70