How many directors does your nonprofit’s board need?
State law typically specifies the minimum number of directors a not-for-profit must have on its board. But so long as organizations fulfill that requirement, it’s up to them to determine […]
Category: Nonprofit
How nonprofits can take advantage of corporate volunteers
According to the Society for Human Resource Management, 47% of companies offer a community volunteer program for employees. Chief Executives for Corporate Purpose has found that large companies are even […]
How to protect your nonprofit’s credit cards from misuse
A hypothetical not-for-profit staffer named Britney had maxed out her personal credit cards. So when her car needed repairs, she reached for her employer’s card. She reasoned that she would […]
It’s about time: Don’t waste that of your board members
Most not-for-profit board members are unpaid volunteers. They’ve agreed to serve because they care about your mission and the impact your organization is making. You owe it to them to […]
Protect your nonprofit by cross-training staff
What would happen if one of your managers was suddenly forced to take long-term disability leave? Or an accounting staffer quit without notice? It’s possible that your not-for-profit’s work could […]
Buy or lease? Both can benefit nonprofits
If your not-for-profit owns its own facility, it likely will have more control of workspace than if you lease. However, ownership carries risks — and leasing can provide several advantages. […]
Fight fundraising obstacles with personal appeals
It’s no secret that this is a challenging time for charitable fundraising. In its annual Giving USA 2019 report, the Giving USA Foundation noted a decrease in individual and household […]
Avoid excess benefit transactions and keep your exempt status
One of the worst things that can happen to a not-for-profit organization is to have its tax-exempt status revoked. Among other consequences, the nonprofit may lose credibility with supporters and […]
Protecting youth sports leagues from fraud
Who would defraud a kids’ organization? The answer, unfortunately, is that trusted adults sometimes steal from not-for-profits benefiting children. Youth sports leagues and teams, for example, are ripe for fraud. […]
A policy can help nonprofits look “gift horses” in the mouth
When you receive a personal gift from a friend or family member — even if it’s not something you particularly want — you accept the gift and thank the person. […]
Making your nonprofit’s special event profitable
As in the for-profit world, sometimes not-for-profits need to spend money to make money. This is particularly true when it comes to fundraisers. At the same time, you need to […]
Protect your nonprofit from occupational fraud threats
Not-for-profit organizations don’t lose as much to occupational fraud as for-profit businesses do. According to the Association of Certified Fraud Examiners’ (ACFE’s) 2018 Report to the Nations, nonprofits lost a […]
