Get Fully Funded

JUNE 29, 2021

And you need policies, procedures, and processes. To make this happen, you MUST think of your nonprofit like a business — and run it that way. This means, you have to be clear about your audiences the way a business is clear about its customers. You have to establish your brand. You need a marketing plan. You need a budget. Or whimsy?

Policies Procedures 116

Policies Procedures Insurance Insurance Policy 116

GrantNews

MAY 8, 2024

However, most nonprofit organizations start out with a Business Owner’s Policy (BOP). This plan includes general liability insurance, commercial property insurance and business income insurance. Are you or someone you know considering taking the plunge to start a nonprofit? The cost usually runs from $200-$300 a month. Happy searching!

Insurance 113

Insurance Insurance Liability Insurance Nonprofit 113

Blackbaud

AUGUST 1, 2024

All of them applauded the plan of action but explained that none of their responsibilities focused on charitable planning to reduce or eliminate tax liability. Yet 99% of all the efforts in cultivating charitable giving are chasing the 9%. On the other hand, consider a donor who has a piece of land that they have decided to sell.

Donation 97

Donation Liability Demographics Policy 97

The NonProfit Times

AUGUST 21, 2024

Four nonprofit healthcare organizations were the top spenders when it came to lobbying Congress for healthcare policy changes. The report analyzed healthcare sector Chapter 11 bankruptcy filings from 2019 through mid-2024 for companies with more than $10 million in liabilities.

Lobbying 52

Lobbying Insurance Insurance Liability 52

Get Fully Funded

FEBRUARY 20, 2023

They should put internal controls in place and help write policies to prevent loss, theft, or confusion, using current b est practices. Every nonprofit has a Board of Directors. Yet most people don’t understand exactly what the Board’s job is. And this is a problem. It’s surprising. And concerning. Plain and simple.

Strategic Plan 116

Strategic Plan Nonprofit Ethics Government 116

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). Where Are Nonprofits and Libraries on Sharing? Our responsibility is to demand that seat at the table.

Nonprofit 65

Nonprofit Conference Insurance Insurance 65

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.

Policy 52

Policy Policies Finance Budget 52

Tech Soup

OCTOBER 4, 2012

Policy Patrol Mail Security Bundle (admin fee: $60) prevents email-related issues like legal liability, damage to your reputation, and confidentiality breaches. And while you have dozens of desktop security options at your disposal, choosing the right ones for your organization can be a daunting task.

Liability 54

Liability Software Policy Policies 54

Tech Soup

MARCH 12, 2012

Deborah Galea is the COO at Red Earth Software, Inc , which donates its Policy Patrol Mail Security Bundle to eligible nonprofits to prevent. congestion, legal liability, and confidentiality breaches. Without a simple disclaimer, your organization is left open to liability for the information getting into unintended hands.

Liability 36

Liability Nonprofit Policy Policies 36

Tech Soup

SEPTEMBER 9, 2014

Adopt an Acceptable Use Policy and Train Staff on It! Many organizations have acceptable use policies as standard language in their employee handbooks, defining in legal terms the appropriate behavior for using technology resources. There was no intentional sharing by the celebrities — they were hacked. How to Protect Your Data.

Policy 59

Policy Policies Nonprofit Calendar 59

Planned Giving

JULY 29, 2024

These include: Assets with a Named Beneficiary: Such as life insurance policies or retirement accounts. However, this essential procedure plays a critical role in ensuring that a loved one’s wishes are honored after they pass away. What is Probate? In medieval England, probate law as we recognize it began to take shape. Is Probate Required?

Pass-Through 52

Pass-Through Insurance Insurance Liability 52

Planned Giving

FEBRUARY 13, 2025

When the phrase estate planning comes up, you might picture prolonged sessions in a lawyers office, surrounded by heaps of paperwork and bewildering legal terms. However, modern online tools have simplified this process, making it more accessible and budget-friendly than ever before. Guardianship : You can appoint a guardian for your minor children.

Insurance 52

Insurance Insurance Policy Policies 52

Tech Soup

JUNE 14, 2017

In late 2016, note-taking service Evernote caught some flack for a change in its privacy policy that would have allowed employees to be able to access customers' data stored on Evernote's servers. After all, they let you work from practically anywhere using almost any device, and they make it easy to collaborate with coworkers.

Retainer 58

Retainer Liability Policy Policies 58

Qgiv

AUGUST 10, 2022

Mary’s University of Minnesota. New board members are valuable resources. They bring a fresh perspective to your organization. They bring energy. They could also bring their own agenda. Whether you call it onboarding or a board orientation, it’s essential that you start them out right. Let’s begin. Your Mission. Clarify how you got their name.

Finance 52

Finance Nonprofit Policy Policies 52

Qgiv

JULY 24, 2024

Obedience The duty of obedience requires your board members to adhere to your organization’s mission, bylaws, and policies. Policy board model The policy board model focuses on setting policies and strategic direction for your organization so your staff can focus on operational management.

Strategic Plan 52

Strategic Plan Nonprofit Policy Policies 52

Planned Giving

AUGUST 15, 2024

Understanding Estate Planning Let’s face it: Estate planning isn’t exactly a dinner table conversation starter. But trust me, it’s one of those adulting tasks that’s way more important than we often give it credit for. So, what’s all the fuss about the importance of estate planning? Morbid, but necessary.

Insurance 74

Insurance Insurance SAM Liability 74

Red Tape Busters

JULY 11, 2023

At a minimum, this should include the Certificate of Currency and the Policy document, including any supplementary documents. This information should exist for each type of insurance held (public liability, business, contents, etc) and will need to be updated each year, as well as when any policy changes are advised by insurers.

Grant 52

Grant Grants Insurance Insurance 52

DoJiggy

SEPTEMBER 19, 2024

You also need policies to stay up-to-date with compliance and reporting requirements. Add it to your Form 990 to account for your assets and liabilities. Managing a nonprofit organization has its unique challenges. Nonprofits demand more from managers, especially when it comes to finances. Both elements help you keep the lights on.

Management 52

Management Finance Budget Nonprofit 52

Tech Soup

SEPTEMBER 5, 2011

If there is a security breach by one of your cloud vendors, primary liability for sensitive data rests with your organization - not the cloud vendor. The way to judge a cloud vendor's strength is to read their service level agreement, privacy policy, audit reports, and standard contract. In April, Amazon had an eight hour outage.

Liability 50

Liability Ethics Contracts Contract 50

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. A charitable gift of real estate involves donating property, such as a home, commercial building, or land, to a nonprofit organization. Who are you, as the donor?

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)(2) : This type of tax-exemption is for exempt organizations to create a corporation to hold the title to property the organization owns to minimize liability risks of losing the property.

Insurance 52

Insurance Insurance Nonprofit Liability 52

Sharpshooter Communications

AUGUST 13, 2021

To be tax-exempt under section 501c3 of the Internal Revenue Code, an organization must be organized and operated exclusively for exempt purposes set forth in section 501c3 and none of its earning may inure to any private shareholder or individual. In addition, it may not be an action organization. Like a free clinic that doesn’t have an endowment.

Lobbying 52

Lobbying Pass-Through Liability Policy 52

Big Fundraising Ideas

NOVEMBER 26, 2024

Reduces liability risks for theschool. Research the organizations track record, request references, and review its policies on transparency and accountability. How Do Legal Requirements for Fundraising Differ Between Jurisdictions? Compliance with legal regulations is a fundamental aspect of ethical fundraising.

Ethics 52

Ethics Fundraising Goals Liability 52

Planned Giving

JANUARY 14, 2025

This includes real estate, bank accounts, investments, personal property, and liabilities like mortgages and loans. This includes paying funeral expenses, medical bills, taxes, and any other liabilities. Probating a will can be a daunting task, especially during the challenging time following the loss of a loved one.

Insurance 52

Insurance Insurance Liability Consulting 52

Assel Grant Services

MAY 6, 2024

Disclaimer of Opinion – This type of report shows a company is not compliant with GAAP guidelines and portrays gross misstatements on its assets and liabilities. improving policies and procedures and strengthening internal controls). This report means the auditor thought they couldn’t issue a definitive opinion on the nonprofit.

GPC 40

GPC Contracts Contract Procurement 40

GrantNews

NOVEMBER 12, 2024

Government grant-making policies are shifting the entire world of grants. ” It wasn’t until the 1970’s, however, that Federal grant policy began to evolve into what it is today…Since the 1970’s, subsequent grant-related legislation has helped to further develop Federal grant policy.

Policy 105

Policy Policies Government Grant 105

Qgiv

AUGUST 27, 2021

Additionally, even if a vendor is providing something as a part of their in-kind sponsorship (or just for free because they’re awesome), you’ll still want to have a contract for liability reasons while they’re onsite at your event. Planning a safe event—especially if it’s your first time steering the ship—can feel dizzying.

Contracts 52

Contracts Contract Pass-Through Utilities 52

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.

Donation 119

Donation Policy Policies Pass-Through 119

Tech Soup

JANUARY 8, 2013

I love year-ahead forecasts and have looked a number of them from all over the global IT press. Here’s what the buzz seems to be for 2013 from a nonprofit technology viewpoint. The Forecasts for 2012. I guess a good place to start is looking back at forecasts from January 2012. Another term for it is "consumerization of IT."

Nonprofit 74

Nonprofit Liability Strategic Plan Conference 74

The NonProfit Times

JANUARY 9, 2025

Tort Liability. You must consider the potential tort liability issues that might arise from the use of AI. You need to ensure that your organization has appropriate insurance coverage in place to protect against potential liability claims in all of these areas of legal risk.

ChatGPT 98

ChatGPT Liability Insurance Liability AI 98

Planned Giving

FEBRUARY 22, 2025

The following are possible strategies to protect assets from future liability exposure. Own an umbrella liability policy. Although insurance does not eliminate liability, it does provide a source of funds to satisfy claim and pay for legal defense. Personal liability umbrellas are relatively inexpensive and are a must.

Liability 52

Liability Insurance Insurance Policy 52

Blackbaud

OCTOBER 18, 2024

Keep appropriate waivers and liability forms ready for volunteers to sign. Mitigate Risks Before deploying spontaneous volunteers to a disaster zone, check your insurance policy. Develop a screening procedure in “normal” times to make crisis screening easier. It is best to expect zero cell reception in a disaster zone.

Management 98

Management Liability Insurance Insurance 98

Blue Avocado

OCTOBER 22, 2024

Alternatively, the board might set a policy that permits one signature for small checks below a certain amount, say $50, in order to help discourage checks from being signed in advance. Treasurers play a critical role in sustaining an organization — maintaining essential stakeholder confidence and supporting its overall mission effectiveness.

Budget 82

Budget Finance Management Proposal 82