Tax, Legal & Compliance
The average age of donors is 65. An estimated one in nine people age 65 and older has Alzheimer’s disease. If you were in a meeting with a prospective donor for a major or planned gift, what would you do if you did detect cognitive decline?
Last week, senators introduced legislation to make the universal charitable deduction effective for tax years 2023 and 2024. Now dubbed “Charitable Act,” the legislation, if passed, would give more Americans the ability to claim tax deductions for charitable contributions. Here are three things you should know about it.
Many nonprofits make a serious error in thinking that the annual reporting of how the sector’s doing is predictive of the future.
Recently, companies, nonprofits, schools, schools that are also nonprofits, consultants and educators have been caught in a windstorm of confusion over the implementation of Florida's Individual Freedom Act, aka Stop the Wrongs to Our Kids and Employees (WOKE) Act.
Due to the lack of volunteers and a shift in government support, nonprofits may have to halt programs and readjust their goals.
Minnesota Attorney General Keith Ellison has filed a lawsuit against Minnesota nonprofit ThinkTechAct Foundation, as well as its founder/president, a board member and executive director, alleging they ran a sham nonprofit and misused nonprofit funds.
There are 99 reasons why you should care about the IRS Form 990, but let’s stick to four helpful tips and why it matters most to you.
Is your board just not getting it? If we need our board members to be more engaged, we need to engage them. Here’s a plan to do so.
In this episode of The NonProfit Voice, Amanda Cole, editor-in-chief of NonProfit PRO, is joined by Lisa Elsass, executive director of Rio Concho Retirement Community, and Lenna Kennedy, risk management consultant at Philadelphia Insurance Companies, to discuss how nonprofits can address property damage.
Fundraising events are often necessary for nonprofit organizations for several reasons. First, such events bring in much-needed funding to help carry out the organization's mission. Nonprofit fundraising also drives awareness of certain causes, and it provides a source to attract new supporters, donors and volunteers.