Financial Services

The Trust Factor and Nonprofit Financial Management
December 12, 2016 at 8:00 am

Your nonprofit provides critically needed services for individuals and our communities. Funding your programs requires building the trust necessary to ensure an ongoing stream of grants and donations. Take some time to rigorously evaluate whether you are taking the necessary measures to protect the trust you’ve earned and strengthen the trust required for ongoing sustainability...

Nonprofit Tax Tips
March 1, 2015

NonProfit PRO spoke with two expert nonprofit tax attorneys to provide their tips on the tax issue for nonprofit organizations. Here are the insights—from the basics to the changing landscape—shared by Cliff Perlman, partner at the law firm Perlman & Perlman, and attorney Marc J. Lane.

5 Nonprofit Accounting Trends for 2015
February 26, 2015

To get a handle on what’s in store for 2015, NonProfit PRO rounded up some of the nonprofit industry’s finest, who were kind enough to share their nonprofit trends for 2015. Here are five accounting trends.

Stop Hitting Your Head Against the Fundraising Wall
March 8, 2013

It is so inspiring to see people who are on the front lines of creating stronger schools, neighborhoods and communities in this country suddenly realize that it doesn't have to be so hard. You can stop beating your head against the fundraising wall.

Accounting for Year-End Gifts
January 14, 2013

No matter how you decide to handle year-end gifts, the best things you can do are to create a policy, document it and be consistent.

Donors Think What?!!!
November 29, 2012

Let’s help our donors by giving them the facts in a manner that is easy to understand. That, on top of your compelling case for support, may help your nonprofit receive even more income this December.

Accounting Board to Research Nonprofit Financial Standards
November 10, 2011

The group that establishes standards for financial accounting and reporting has approved two new projects that seek to streamline the way nonprofits complete their annual financial statements.

The projects were recommended by a nonprofit advisory board to the Financial Accounting Standards Board, a private organization in Norwalk, Conn., that sets the rules that many nonprofit groups follow to satisfy creditors, investment managers, and auditors.

Philanthropy: How the major financial institutions are helping
August 24, 2011

Ten years ago, you would have been hard-pressed to find philanthropy specialists in most private banking and investment firms. But today, philanthropic services are a major division of most wealth management operations, offering clients a myriad of investment vehicles and services to do good.

“… Philanthropy has become a central part of relationship management because it’s so much a part of a high-net-worth individual’s life,” says Eileen Heisman, CEO and President, National Philanthropic Trust.