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Why Are Nonprofits Experiencing An Insurance Crisis? And What Can the Nonprofit Sector Do About it?

Blue Avocado

Lower liability insurance limits First, the community-based nonprofit sector generally must carry lower limits of liability insurance. Most insurance companies have reinsurance in order to protect their solvency and transfer a portion of their liability to the reinsurer. Many of these nonprofits have never made a claim.

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Keep Your Gift Acceptance Policy Strong

Planned Giving

What you decide to accept often depends on the feasibility of following through on the procedure to accept the gift. These two questions often go hand in hand. For example, if you accept gifts of stock, do you have a trusted financial advisor to help you manage it?

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Understanding Probate: A Comprehensive Guide to the Probate Process

Planned Giving

However, this essential procedure plays a critical role in ensuring that a loved one’s wishes are honored after they pass away. The church courts handled probate issues, ensuring that the deceased’s soul was cared for through proper distribution of their estate. Assets that must go through probate are known as probate assets.

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Primary School Fundraising Ideas for Every Season | Big Fundraising Ideas

Big Fundraising Ideas

Bonus tip: To encourage early orders, promote the kits through the schools email list or PTA Facebookgroup. Charge a small fee per session or offer a term-long pass. Extra note: If you partner with a local instructor, ask them to volunteer or reduce their fee in exchange for promotion through the schoolnetwork.

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How Lessons Learned From Fighting Food Insecurity Can Help Your Nonprofit

Blue Avocado

Prior to the Good Samaritan Act, many corporations felt they could face liability for donating food, and people who salvaged it without documented donation could face prosecution. After many years of lobbying and hard work, the GSA was passed, enabling all parties to help people.

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Crafting Your Own Will: Benefits and Drawbacks for Willmakers

Planned Giving

Creating a will is a crucial step in ensuring your final wishes are respected and your loved ones are taken care of after your passing. Online platforms provide user-friendly interfaces, guiding you through each step of the process, making it accessible even for those with limited legal knowledge.

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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. Words such as “impact,” “difference,” and “change” are often used to describe a charitable gift. You bypass the selling process and make your impact immediately.