With last year’s giving trends showing a 10% decline in donations to nonprofits across the board, it’s more important than ever to get creative with your fundraising strategies and explore new avenues for donations. If you haven’t previously targeted donor-advised funds, or DAFs, this is a worthwhile avenue to look into.
Nalanda Institute for Contemplative Science has experienced the benefits of outsourcing their accounting to 501 Commons’ Financial Services.
Board members are a nonprofit’s strategic innovators. They review information about the organization’s strategies and finances, hear from stakeholders about successes and challenges, and create plans to achieve greater future success.
Giving USA Foundation recently released their 2023 report on giving trends in the U.S., and there are plenty of takeaways that nonprofits should pay attention to.
Your nonprofit’s fundraising events serve a myriad of purposes, from building relationships with donors to spreading awareness for your cause. But, primarily, your events aim to raise money.
Everyone needs to raise money for their mission, but not everyone knows how to do it. We’ve got an incredible opportunity for you to work with an experienced fundraiser who can assess your organization’s capacity to raise funds, develop intentional strategies to help you get to the next level, and mobilize your board along the way.
When nonprofits think of raising large sums of money, they usually think of major donors, corporate partnerships, or grants. Another way to raise funds is through planned giving, an often overlooked type of gift. Learn what planned giving is, its benefits, and some tips for getting started.
Starting on July 1, nonprofits in Washington need to deduct premiums from their employee's paychecks to fund the Washington Cares Fund, a state-operated long-term care insurance program open to anyone 18+.
Major donors likely provide a significant portion of your organization’s funding, and they’re essential to keeping the nonprofit sector running smoothly.
Text messaging your supporters can have a lot of benefits for your nonprofit—from boosting donations to strengthening donor relationships—but only if you’re running a legally compliant campaign.
Having a stable and secure computer network is the first step in protecting your employee, volunteer, donor, and client data. Research has found that most nonprofits have few measures to protect against cyber-attacks – which is why our sector is being targeted.
In 2020, the country’s estimated 108,000 foundations held more than a trillion dollars in assets and awarded more than $92 billion in grants to nonprofits. Working with these foundations—whether local or national—can be a powerful way to deepen your organization’s philanthropic impact.
Peer-to-peer fundraising is a tried and true way to deepen your nonprofit’s impact. With a well-designed peer-to-peer fundraising campaign, your organization can expand its reach, increase engagement, and boost your proceeds. Did you know there’s an easy way to take your peer-to-peer fundraising strategy to the next level?
Most of you have probably implemented the overtime and minimum wage changes that went into effect on January 1, but we want to ensure that organizations are aware of all the provisions of these regulations and are not leaving themselves open to fines, back wages, or court cases by being out of compliance.
Capital campaigns are big undertakings that have high stakes and potentially transformational benefits for your nonprofit and constituents. But while there are plenty of best practices to follow that will maximize your chances of success, there’s no one way to run a capital campaign.
Starting a new job triggers feelings of excitement but also some level of anxiety. Haphazard or nonexistent onboarding can be detrimental. It may portray the organization negatively (as not caring about its employees) or just being lackadaisical in all its operations. However, an official onboarding plan can alleviate feelings of discomfort and point new employees in the right direction as they begin their association with you.
Most leaders will agree that the engines moving them forward are their people. So, making smart hiring decisions is critical. Although all businesses have recruitment challenges (especially in the current turnover environment), nonprofits often have unique staffing issues that make it more difficult for them to find and retain exceptional talent.
A lasting legacy of the pandemic has been the rise of virtual galas and other types of online fundraisers as a viable way to raise dollars. As one of the newer opportunities in the nonprofit world, online events generally have the most potential for improvement.
It is now time to plan your GivingTuesday campaign!
As we move to address the various challenges brought upon by the pandemic and related economic burdens, let's take this as an opportunity to rethink how we run our organizations from the top to the bottom.