Nonprofit

How to convince donors to remove “restricted” from their gifts

Restricted gifts — or donations with conditions attached — can be difficult for not-for-profits to manage. Unlike unrestricted gifts, these donations can’t be poured into your general operating fund and be used where they’re most needed. Instead, restricted gifts generally are designated to fund a specific program or initiative, such as a building or scholarship […]

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Foundation Center and GuideStar are Candid

GuideStar is now Candid! Earlier this week GuideStar announced they were joining Foundation Center to form a new nonprofit organization, Candid. Candid combines the resources of GuideStar and Foundation center to connect people with the data, resources, and analysis to change the world. You are still able to access IRS Form 990 information through GuideStar’s […]

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Is your nonprofit ready for a raffle?

Raffles are popular fundraisers for not-for-profits. But they’re subject to strict tax rules. State laws on nonprofit-sponsored raffles can vary significantly, but nonprofits must comply with federal income tax requirements linked to unrelated business income, reporting and withholding. Unrelated business income tax Nonprofits are required to pay income tax on unrelated business income (UBI), and […]

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Nonprofits: Look before you leap international borders

Many not-for-profits look beyond the United States to boost revenue. They recruit members, sell products, promote conferences or solicit donations abroad. But it’s important to look before you leap borders; consider not only potential windfalls, but also pitfalls. Research your target Before your nonprofit invests funds internationally, make sure that the need in your target […]

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How successfully has your nonprofit shifted from overhead to impact?

In the not-so-distant past, charity watchdog groups such as GuideStar, Charity Navigator and the Better Business Bureau’s Wise Giving Alliance were notorious for giving overhead ratios significant weightings in their rankings of not-for-profits. While such a practice can help potential donors weed out spendthrift organizations, it also tends to unfairly penalize nonprofits making reasonable expenditures […]

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