The world of nonprofit organizations involves several conditions and regulations. These rules or statuses include the 501(c)(6) and 501(c)(3) statuses, each with its unique rules, purposes and benefits. Both share similarities in being exempted from federal income taxes by the Internal Revenue Service (IRS). However, learning their differences will help you understand which is the right one …
Nonprofit organizations must always be on the lookout for funding possibilities. Whether these are foundation grants, community awards, or gifts from various corporations, nonprofits should be prepared to write effective proposals when the perfect opportunities arise. Maybe you’ve already learned the basics of grant writing as a freelance grant writer or in-house fundraiser—great! Compelling stories can hold …
Every goal needs a plan to get there, whether you’re trying to learn an instrument, scale a mountain, or enact positive change in your community. From fundraising to advocacy, your nonprofit engages in a variety of activities to make a difference in the lives of those you serve, but how do you ensure that you’re creating the …
As a nonprofit professional, you understand the importance of having a solid fundraising strategy. Soliciting individual donations, hosting events, and leveraging corporate philanthropy allow your organization to bring in the revenue you need to make a difference in your community. However, your strategy for managing your nonprofit’s finances is just as critical to furthering your …
With the many financial transactions that occur within the digital space, your organization needs to make sure its data policies are up to date. Recently, even popular, reputable businesses have experienced data leaks. As your organization continues to comply with general fundraising requirements, take extra time to review data protection regulations as well. It’s essential to …
When you’re starting a nonprofit, your top priority is likely boosting your organization’s positive impact on the world. A nonprofit’s work is mission-centric, but to keep this essential work alive, founders and staff members must also think about the legal logistics of their organization’s operations. For example, before planning a fundraising event, you must first …
Are you ready to plan for your upcoming fundraising year? Check out the list of awareness dates and holidays to make sure you don’t miss any fundraising opportunities! Cause awareness days, weeks, and months are a fantastic way to link your school, nonprofit, or business to the greater good. In 2020, we published a list …
“Who’s going to do all the work?” Use this checklist as a guide to help you get started in setting up a new fundraising committee. Be sure to find out if there are any rules or guidelines that need to be followed if you’re setting up a committee at an already established place such as …
2020 was a tough year, but it forced us as a nonprofit fundraising community to innovate and renovate in amazing ways that will resonate long into the future. So what exactly did we learn about fundraising in 2020? These are some of the top takeaways. Takeaway 1: People are Generous in a Crisis In November, …
Are you thinking about starting a not-for-profit? The following list of questions will help you get an overview of what it takes to get started. Starting a not-for-profit, nonprofit, or NGO includes many of the same considerations as starting a C Corp. The biggest difference is that you are not operating with the sole intent …
In the past several months, COVID-19 has significantly impacted almost every aspect of day-to-day life, from social distancing guidelines to a looming economic recession. Similarly, businesses and organizations everywhere have seen radical shifts in management strategies as entire workforces transition to work-from-home. While there are several major advantages to remote working practices, one of the …
We may be stuck at home, anxiety-ridden and worried about our new quarantine reality, but that is not a reason to put your nonprofit on hold, however! Nonprofits all over the country are adapting in creative ways. New tools and resources to help you are being developed on a daily basis, including dozens of new …
Nonprofits fundraise. It’s a fact of life and a necessity of existence. Successful fundraising efforts mean a robust community, filled with engaged donors and healthy programs. A lesser known component of fundraising, and therefore a nonprofit’s success, is compliance with state fundraising and charitable solicitation laws. The topic of fundraising compliance is foreign to many …
As a nonprofit, much of your focus revolves around fundraising. After all, you can’t successfully run your programs and work toward your mission without sufficient funds. Your nonprofit website is a key component in this process. Without an effective fundraising website, you won’t bring in nearly as many donations as you could. Choosing the right …
Are you ready to plan for the upcoming fundraising year? Check out the list of awareness dates and holidays to make sure you don’t miss any fundraising opportunities! Most global cause awareness days and months stay the same in 2020, as they were in 2019. We found a few new ones to add to the …
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