Financial Services

It’s clear: nonprofit organizations have very different accounting needs than for-profit companies.

Bitcoin investors and users have now donated $22 million worth of the cryptocurrency to a charitable trust run by mutual fund giant Fidelity Investments so far in 2017. According to new figures released by the company, Fidelity Charitable saw donations worth $11 million through November, a figure that has doubled since the start of the month, CNBC reports. Matt…

The stock market is up. Asking for gifts of appreciated stock should be part of your year-end giving approach. Start by letting your donors know that giving appreciated stock they’ve held for more than a year is better than giving cash. If they donate stock that has increased in value since it was first purchased over a year ago—and if they itemize deductions—they can take a charitable deduction for the stock's fair market value on the day they give it to your organization...

For the past 7 years, the National Philanthropic Trust has been closely following donor-advised fund trends by conducting in-depth research reports. While donor-advised funds have been around for over a decade, its popularity has been rapidly increasing over the past few years...

Here’s a question for you: Does location determine the level of donor generosity? When we think about our economy, we know that there are people who make a higher income in certain parts of the country and those who make a lower income on other parts of the country...

BitGive Foundation, a nonprofit organization, announced the launch of the beta version of GiveTrack, a blockchain-based platform that allows donors to donate bitcoin to charitable causes and track those donations in real-time. Connie Gallippi, founder of BitGive, made the announcement yesterday at Money20/20, a four-day payments and finance event in Las Vegas. “It is a…

Regulators are scrutinizing the new red-hot fundraising trend in which start-ups and blockchain companies bring in millions of dollars by issuing virtual tokens to investors in exchange for money. But one Japanese billionaire investor thinks that, with time, the so-called initial coin offerings (ICOs) will become one of the "greatest major methods" for start-ups to…

The World Bank’s International Finance Corporation (IFC) aims to raise an extra $1 billion within a year as part of a planned $5 billion infrastructure investment fund, an official said, with China’s Belt and Road program offering more opportunities. IFC this year raised $1.1 billion from Allianz and Eastspring Investments, the Asian asset management business…

Welcome back to #NPPTrendingNow, a weekly video series where NonProfit PRO Editor-in-Chief Nhu Te breaks down the top three coveted stories of the week. Here's what we've got going on for you this week: Nonprofit HR's newly released report on nonprofit talent and culture practices; three tips for effective multi-dimensional segmentation; and Social Solutions' new report on what funders are looking for in nonprofit organizations...

Our sector is all about the promotion of social good. All of you are fighting day in and day out to raise awareness and find solutions to your organization’s mission. Whether it’s fighting child slavery, ending hunger or finding treatments for deadly diseases, you are all in this to create a better world...