Blackbaud

OCTOBER 23, 2024

He was a donor to one of our charity clients and we had talked about the possibility of gifting assets to reduce or eliminate tax liability. He was facing a significant tax liability if he didn’t get this completed before the calendar rolled into January. Bunching offers donors the possibility of minimizing tax liability.

Liability 73

Liability Calendar Strategic Plan Budget 73

GrantNews

OCTOBER 26, 2023

If approved, incorporation as an LLC shields individual company members from personal liability for any debts incurred by the LLC. For more details about LLCs, here is a link to the IRS definition of a Limited Liability Company (LLC). However, it is possible.

Liability 107

Liability Nonprofit Government Grants 107

Planned Giving

NOVEMBER 2, 2023

Being specific helps remove doubt as the policy is passed to new interpreters, preserves relationships with donors by offering a board-approved policy instead of a subjective opinion on their gift and avoids unintended liabilities for the organization. A gift acceptance policy is no different.

Policy 93

Policy Policies Liability Pass-Through 93

Get Fully Funded

MAY 4, 2021

Let your volunteers know about your organization’s liability coverage, what it covers and what it does not. Also share with volunteers about the Volunteer Protection Act , which protects volunteers from liability in cases of ordinary negligence. Is there a liability release everyone must sign? Is orientation required?

Policy 119

Policy Policies Liability Training 119

The NonProfit Times

DECEMBER 11, 2024

The judge did take a swipe at the action in general, ruling that Daniels Law does not state explicitly what standard of liability applies for actual or liquidated damages. To ascribe a strict liability standard to Daniels Law not only would likely render the law unconstitutional but also could lead to absurd results, he wrote.

Liability 59

Liability Award Retainer Proposal 59

Planned Giving

MAY 13, 2024

This will reduce your future tax liability when you sell the stock. As the Wash Sale rule doesn’t apply to stock gifts or capital gains, you can capture the tax savings above while stepping up the cost basis of your shares.

Liability 98

Liability Donation Consulting Consulting 98

GrantNews

MARCH 13, 2024

Good Samaritan laws grant liability protection to folks who offer reasonable assistance to those who are hurt, sick, in danger, or otherwise incapacitated. A Good Samaritan is someone who is helpful to someone in distress; it’s a person who shows kindness to strangers and loved ones alike.

Government 102

Government Liability Grants Grant 102

The NonProfit Times

OCTOBER 4, 2024

Epsilon resolved its criminal liability in 2021 via a deferred prosecution agreement, paying $150 million in penalties and victim compensation. Epsilon’s data showed that many victims were repeatedly defrauded by this single scheme, including more than 12,000 victims who were defrauded more than 20 times each.

Liability 92

Liability Management Nonprofit IT 92

NonProfit PRO

SEPTEMBER 12, 2024

Church Mutual understands your mission and offers the top coverages you need, including management liability and crime coverage, so you can focus on what matters most — serving your community. Protect your nonprofit or human services organization with insurance tailored to your unique needs.

Insurance 52

Insurance Insurance Liability Nonprofit 52

Blackbaud

NOVEMBER 5, 2024

Gather Financial Data Collect all your nonprofit’s essential financial information, including: Income Expenses Assets Liabilities Details on restrictions This data should ideally already be stored and readily available in your accounting software. Your bookkeeping practices throughout the fiscal year matter.

Liability 100

Liability Finance Template Budget 100

Tech Soup

MARCH 30, 2015

As set forth above, the contact person (on behalf of him/herself and/or the submitting group) understands that the individual or group will not receive any compensation (other than prize, if submission is determined to be a prize winner) and releases and agrees to hold harmless Sponsor from any liability in conjunction therewith.

Liability 84

Liability Award Education Publishing 84

Candid

APRIL 11, 2024

When the Supreme Court gutted race-conscious admissions last summer and the American Alliance for Equal Rights followed with a lawsuit against the Fearless Fund, some in the philanthropic sector feared that demographic data had become a potential liability.

Demographics 98

Demographics Liability Ethics AI 98

Candid

DECEMBER 6, 2022

Nonprofits are required by the IRS to keep detailed records, and there is a lot more paperwork for nonprofits than for other organizations, such as Limited Liability Corporations (LLCs). If you aren’t a fan of paperwork, this might be a major factor to consider when thinking about starting a nonprofit organization.

Nonprofit 105

Nonprofit Liability Insurance Insurance 105

The NonProfit Times

APRIL 17, 2024

At the time researchers were concluding their study, 20 state or local governments had passed or were considering programs to fund $13 billion in medical debt relief over and above what charities had provided.

Liability 78

Liability Policies Policy Government 78

Get Fully Funded

AUGUST 16, 2024

Most COAs are organized into five categories: assets, liability, net assets, revenue, and expense accounts. Liabilities usually start with 2, net assets with 3, revenue with 4, and expenses with 5 and beyond. Then, those accounts are further divided into subcategories. For example, assets usually start with 1.

Liability 52

Liability Federal Grants Utilities Nonprofit 52

Big Fundraising Ideas

SEPTEMBER 24, 2024

Navigating Liability: Top Digital Waiver Tips for Schools Fundraising is necessary for the vast majority of schools-but that doesn’t mean that it can’t be fun and exciting. When signed, waivers show that the participant has acknowledged any risks and agreed to release the provider from liability for damages.

Liability 52

Liability Fundraising Software Template 52

The NonProfit Times

AUGUST 21, 2024

The report analyzed healthcare sector Chapter 11 bankruptcy filings from 2019 through mid-2024 for companies with more than $10 million in liabilities. Meanwhile, healthcare bankruptcy filings have slowed, according to an analysis by healthcare restructuring advisory firm Gibbins Advisors and first reported by Fierce Healthcare.

Lobbying 52

Lobbying Insurance Insurance Liability 52

Tech Soup

JANUARY 30, 2014

As set forth above, the contact person (on behalf of him/herself and/or the submitting group) understands that the individual or group will not receive any compensation (other than prize, if submission is determined to be a prize winner) and releases and agrees to hold harmless Sponsor from any liability in conjunction therewith.

IT 70

IT Liability Award Indirect 70

GrantNews

MAY 8, 2024

This plan includes general liability insurance, commercial property insurance and business income insurance. The price of this insurance can vary depending upon the coverage plan chosen. However, most nonprofit organizations start out with a Business Owner’s Policy (BOP). The cost usually runs from $200-$300 a month.

Insurance 114

Insurance Insurance Liability Insurance Nonprofit 114

Blackbaud

OCTOBER 18, 2024

Keep appropriate waivers and liability forms ready for volunteers to sign. Develop a screening procedure in “normal” times to make crisis screening easier. Catalog the skills and roles needed in a potential disaster along with a database of individuals willing to step up in a crisis.

Management 82

Management Liability Insurance Insurance 82

Candid

OCTOBER 26, 2022

Please consult a tax professional when determining how a gift of cryptocurrency could affect your tax liability. For more information, please visit endaoment.org. Note: Endaoment does not give tax advice. The post Crypto fundraising: diversifying donations for GivingTuesday appeared first on Candid Blog.

Donation 98

Donation Fundraising Liability Grants 98

Candid

JULY 18, 2023

For example, some prefer personal giving or directing their philanthropy through limited liability companies (LLCs). Impacts on funding transparency and accessibility When it comes to the transparency of pledgers’ philanthropy, it’s important to consider the ways pledgers formalize their giving outside of foundations.

Liability 98

Liability Funding Finance Education 98

Tech Soup

JANUARY 30, 2014

As set forth above, the contact person (on behalf of him/herself and/or the submitting group) understands that the individual or group will not receive any compensation (other than prize, if submission is determined to be a prize winner) and releases and agrees to hold harmless Sponsor from any liability in conjunction therewith.

IT 65

IT Liability Award Indirect 65

Tech Soup

APRIL 16, 2014

As set forth above, the contact person (on behalf of him/herself and/or the submitting group) understands that the individual or group will not receive any compensation (other than prize, if submission is determined to be a prize winner) and releases and agrees to hold harmless Sponsor from any liability in conjunction therewith.

Liability 60

Liability Award Indirect Government 60

Just Write Grants

SEPTEMBER 6, 2023

Balance Sheet : Provides a quick overview of the nonprofit's financial position at a specific point in time, detailing its assets (what it owns), liabilities (what it owes), and equity (the net assets or funds available to the organization). Liabilities) These are amounts the nonprofit must pay, either now or in the future.

Finance 52

Finance Liability Organizational Budget Budget 52

Blue Avocado

FEBRUARY 13, 2024

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. Beyond knowing about laws, the GSA (and other laws like it) is also a testament to the political power of nonprofits.

Lobbying 86

Lobbying Nonprofit Liability Pass-Through 86

Get Fully Funded

MARCH 16, 2023

To protect your organization from legal liabilities, you can incorporate online waivers into this process. Waivers are intended to protect the organization from potential risks and liabilities they could incur if a participant gets injured during the event, for example.

Fundraising 52

Fundraising Liability Electronics Media 52

Tech Soup

MARCH 12, 2012

congestion, legal liability, and confidentiality breaches. Without a simple disclaimer, your organization is left open to liability for the information getting into unintended hands. By adding a disclaimer to all of your outgoing emails, you can warn the recipient of confidential content and disclaim liability.

Liability 36

Liability Nonprofit Policies Policy 36

OneCause

AUGUST 2, 2023

Collect only the information you must have – such as contact information, emergency contact information, a liability waiver, and t-shirt size. Here are some ideas to make your online registration page more streamlined and inspiring: Keep it as short as possible. You can collect more information later.

Retainer 97

Retainer Software Template Liability 97

Blackbaud

NOVEMBER 16, 2023

Net worth takes into account any liabilities the donor has as well as their non-liquid assets (e.g., Here are some wealth indicators to flag and analyze during your wealth screening: Net worth: This represents the total wealth of an individual or household.

Nonprofit 96

Nonprofit Liability Donation Fundraising 96

Selfish Giving

AUGUST 13, 2009

Your shakes aren’t a liability. If you’re nervous, you’re lucky. That’s just the type of energy jolt you’ll need to rev you up for a presentation. They are a symptom of the high octane fuel running through your veins that needs to be put to good use. Stop viewing the jitters as a bad thing.

Liability 84

Liability Proposal Electronics Goals 84

Red Tape Busters

NOVEMBER 1, 2023

For instance, when tender writers fail to thoroughly review insurance requirements, penalty clauses, or dispute resolution processes, it can leave their organisation vulnerable to unexpected liabilities. Overlooking unfavourable terms may result in the organisation assuming unintended liabilities or losing valuable rights.

Contract 52

Contract Contracts Liability Proposal 52

Tech Soup

JULY 1, 2014

As set forth above, the contact person (on behalf of him/herself and/or the submitting group) understands that the individual or group will not receive any compensation (other than prize, if submission is determined to be a prize winner) and releases and agrees to hold harmless Sponsor from any liability in conjunction therewith.

Liability 52

Liability Award Indirect Government 52

Grant Writer Team

AUGUST 1, 2024

Risk Management : Identifies and addresses potential financial risks and liabilities. Financial Planning : Provides guidance on long-term financial strategies and resource allocation. By performing these functions, the committee plays a pivotal role in supporting the nonprofit’s mission and ensuring its long-term sustainability.

Finance 68

Finance Budget Nonprofit Liability 68

Planned Giving

NOVEMBER 14, 2023

Some fear there may be liability issues. But that doesn’t mean everyone is on board with the concept. There’s a lot of debate in the industry over whether we should give donors the opportunity to draft a will using a DIY (do-it-yourself) approach. Others worry it works against the interests of financial advisors and ruins relationships.

Nonprofit 98

Nonprofit Liability Publishing Education 98

Planned Giving

JULY 29, 2024

Inventorying the Estate: Compiling a detailed list of assets and liabilities. Estate: All assets and liabilities left by the decedent. Tax Implications: Understanding international tax liabilities and treaties. Their key duties include: Managing Assets: Safeguarding and maintaining the estate’s assets until distribution.

Pass-Through 52

Pass-Through Insurance Insurance Liability 52

Qgiv

MARCH 5, 2024

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. While the public can make contributions to these organizations, private citizens can’t create one because they’re created by congress.

Insurance 52

Insurance Insurance Nonprofit Liability 52