Recent News & Blog / Nonprofit
Make recruiting volunteers a community affair
For many people, autumn is a time to start fresh. Kids are back in school, and adults may have more time to pursue new hobbies and interests before the rush of the holiday season. So, if your nonprofit could use some helping hands, now’s a good time to recruit volunteers from your community.
Putting a value on tangible property donations
If a donor suddenly offered your not-for-profit a residential property, antique jewelry or inventory from a business, would you know how to value it? Perhaps you don’t receive these types of contributions often, but you also don’t want to turn them down.
Navigate the risky business of nonprofit borrowing
Should your not-for-profit apply for a loan? Perhaps you want to buy new equipment or build an extension to an existing facility. Maybe your nonprofit generates revenue unevenly or you need help to recover from a financial blow.
Building a better nonprofit budget
Does your nonprofit start its budget process from scratch each year or do you mostly make simple adjustments to the previous year’s budget?
Pick a topic - not just any topic - for your nonprofit’s board retreat
If you’re organizing a nonprofit board retreat, you’ll probably want board members to make the most of their time together. One of the best ways to do this is to choose a theme or central topic of discussion.
Managing staff rumors about your nonprofit’s financial condition
Funding cuts, donation dips and general economic uncertainty may have you struggling to keep your nonprofit afloat. The last thing you need is rumormongering among your staff.
Nonprofits, the search is on: Finding an independent auditor
Even if your not-for-profit isn’t legally required to obtain independent audits, such audits can enhance financial transparency, increase accountability and help you build trust with your stakeholders. But how do you find a truly independent auditor?
Nonprofits: Grant proposals in the age of AI
With fewer federal grants available to not-for-profit organizations, the competition to qualify for funding — from all sources, including foundations — has become more intense.
Pinched nonprofits may want to free up board-designated assets
In general, nonprofits can’t use restricted assets for purposes other than those specified by the original donor. Board-designated assets (or board-designated funds) are another matter.
Using your nonprofit’s endowment to navigate financial obstacles
Even not-for-profits that make realistic budgets and hold adequate funds in reserve to cover shortfalls can run into financial emergencies — particularly if they lose a major funding source.