Tax, Legal & Compliance

Should You Solicit Donors With Cognitive Impairments?
April 28, 2023 at 12:33 pm

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?

Senators Push to Restore the Universal Charitable Deduction: 3 Things You Need to Know
March 8, 2023 at 12:23 pm

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.

How Florida’s Stop WOKE Act Impacts Nonprofits, Part 1
February 3, 2023 at 10:59 am

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.

Minnesota Attorney General Sues Nonprofit for Misusing Funds
January 12, 2023 at 11:34 am

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.

2023: The Year of Your Board
December 6, 2022 at 11:18 am

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.

The NonProfit Voice Ep 68: How to Reduce Water Damage to Your Nonprofit Property
August 10, 2022 at 8:00 am

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.

Bigger Fundraisers Mean Bigger Risks
June 10, 2022 at 12:32 pm

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.