Raising money for any social cause or nonprofit project can be a challenge. Your organization may want to explore some newer funding options. We have already discussed Fast Pitch competitions as one ...
Can our Nonprofit Change Its Mission Statement? Who to inform after a change?
Is your nonprofit ready to change or amend its mission statement? A mission statement sets out what your organization does and whom it serves. It is important that your nonprofit's activities tie ...
Nonprofit Law Basics: What are the Duties of Nonprofit Directors?
What Are the Duties of Nonprofit Directors? State law sets out which type of management and governing structure is acceptable for nonprofits in that state. In some states, nonprofits can be managed ...
Nonprofit Law Basics: Who Owns a Nonprofit?
Who owns a nonprofit? No one. A major misconception about nonprofit organizations concerns ownership of a nonprofit. No one person or group of people can own a nonprofit organization. Ownership ...
What is a booster club? How can our organization start one?
What is a booster club? A booster club is an organization that is formed to support an associated club, sports team, or organization. The booster club can support this through raising funds or ...
Nonprofit Law Basics: What is UBIT (Unrelated Business Income Tax)? What is UBTI (Unrelated Business Taxable Income)?
What is UBIT (Unrelated Business Income Tax)? Is this the same as UBTI (Unrelated Business Taxable Income)? The acronyms UBTI and UBIT are often used interchangeably. UBTI (Unrelated Business ...
Nonprofit Law Basics: Can the Executive Director Serve on the Board of Directors?
The law requires that the best interest of the nonprofit prevail over the director’s personal or business interests; if the executive director is a paid staff person who sits on the voting board of ...
Nonprofits and Political Campaign Activities – What Is Allowed?
Nonprofit organizations that have 501(c)(3) tax-exempt status should be aware of how they and their employees can participate in national, statewide, and local elections. These 501(c)(3) public ...
5 Items to Include in Donor Acknowledgment Letters – What to include for tax purposes?
What is a donor acknowledgment letter? A donor acknowledgment letter is more than just a "thank you" letter. Tax-exempt nonprofits have certain requirements to follow -- including providing donors ...
Year-end giving – How to make your donation count
Year-End Giving - How to make your donation count The end of the calendar year is a popular month for donors to make charitable contributions. But before sending a donation to a nonprofit ...
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