Preparing your not-for-profit’s annual budget is probably one of the least appealing parts of your job. Here’s how to make the process a little less painful.
There are more than 87,000 foundations in the United States — including family, corporate and community foundations — according to the Foundation Center.
Not-for-profit organizations don’t receive only cash donations. Your support also likely comes in the form of gifts in kind and donated services.
Term limits for not-for-profit board members can be a double-edged sword.
A new accounting standard goes into effect starting in 2018 for churches, charities and other not-for-profit entities. Here’s a summary of the major changes.
If yours is like most not-for-profit organizations, you depend on a big annual event to raise significant funds or attract new members and supporters.
Income from endowment funds may be able to help your not-for-profit meet operating expenses, ease cash-flow problems and supplement next year’s annual budget.
Investment fraud, such as Ponzi schemes, can cause significant financial losses for not-for-profits.
Your not-for-profit has probably spent a lot of time and effort attracting board members who have the knowledge, enthusiasm and commitment to make a difference to your organization.