Running a nonprofit thrift store allows charitable organizations like yours to generate sustainable revenue for their causes rather than relying solely on financial donations from supporters. Plus, it provides a fresh avenue to boost your mission’s visibility and encourage community members to engage with it. However, running a thrift store presents obstacles that your nonprofit …
Finding fun ways to raise funds for your school can be a rewarding experience for educators, students, and parents. Whether you’re part of the school’s administration or the parent-teacher organization (PTO), you’re the driving force behind these efforts, helping to unite the school community and transform fundraising into a shared effort. With a bit of …
Nonprofit event planners often face a recurring challenge: after investing time and energy into recruiting volunteers, many don’t return. This can leave teams scrambling to fill roles or manage tasks with fewer hands, making it harder to deliver a successful event. The disconnect often lies in how volunteers are welcomed, prepared, and supported throughout the …
While on the surface, businesses and nonprofits may seem like polar opposites, they actually have a lot in common when it comes to finances. Although businesses operate to make a profit and nonprofits work to make a difference, they both generate revenue and accrue expenses that they must keep track of to keep their organizations …
Securing major gifts is essential to your nonprofit’s ability to achieve its mission, but you need the right tools to streamline and track your efforts. After all, it takes time and resources to identify, verify, and cultivate donors who are likely to make major donations. Fortunately, once you’ve chosen the right prospects, you only need …
Restricted funds are donations set aside for a specific purpose or timeframe designated by the donor. By adhering to these restrictions, your nonprofit will respect donors’ wishes. This is critical because financial mismanagement can lead to repercussions such as fines, penalties, or loss of tax-exempt status, plus the potential reputational damage incurred. In this guide, …
Like most nonprofits, your organization is always looking for its next big chance to rally its community and secure more funds for its mission. With 34 million participants in the U.S. alone in 2023, Giving Tuesday represents a can’t-miss opportunity for nonprofits of all types and sizes. However, since the global generosity movement lasts only …
For nonprofits, events are pivotal moments to connect with supporters, raise funds, and drive engagement. But once the event wraps up, how can you know if you met your goals or created event experiences that resonated with attendees? This is where feedback collection comes in. Gathering feedback allows your nonprofit to measure event success, understand …
Corporate volunteer programs are more than just opportunities for employees to give back. They’re powerful tools for inspiring community involvement and fostering a sense of purpose within organizations. When companies invest in volunteer initiatives, they create an avenue for employees to make a difference while strengthening the company’s ties to the community. From skills-based projects …
Your nonprofit’s tech stack is crucial to its success. You likely already use various software tools to manage corporate giving, collect donations, connect with donors and supporters, track projects and programs, or engage employees, so you understand that the more your chosen solution is tailored to a specific need, the better. A charity golf tournament …
When you seek grant funding to support your nonprofit’s projects, efficiency is vital to ensure you make the most of all your time and hard work. This doesn’t just mean drafting your proposals and getting them out the door quickly. Think bigger. How often do you win the grants you apply for? Do you feel …
Running a successful auction is no small feat. Between securing the right items, engaging your audience, and ensuring bidding runs smoothly, it’s easy to feel like you’re juggling one too many flaming swords. Yet, even with the perfect catalog of items, many nonprofits struggle to reach their full revenue potential. What’s often missing? A strategic …
In a world where technological advancements seem to happen overnight, software solutions have emerged as a way for all types of organizations to streamline their workflows and improve efficiency—for example, nonprofits invest in fundraising software and associations purchase membership management tools. For-profit companies also use software, though their needs differ. And, there’s not just one …
It’s no secret that one of the key benefits that comes with registering a 501(c)(3) nonprofit organization is exemption from federal (and most state) income taxes. But just because your nonprofit is tax exempt doesn’t mean you can completely write off tax season! Due to its status as a registered corporation, association, or foundation, there …
Employee payroll giving is a powerful yet often underutilized tool for nonprofit fundraising. By allowing employees to donate a portion of their salary directly to charity, this method not only simplifies the giving process but also fosters a culture of philanthropy within the workplace. For fundraisers, understanding and leveraging payroll giving programs can open up …
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