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3 Top Compliance Challenges for Nonprofits + Expert Advice

NonProfit Leadership Alliance

In this guide, we’ll review expert tips for overcoming the top three nonprofit compliance challenges: Complying with governance guidelines Following fundraising requirements Reporting finances accurately Accuracy and thoroughness are key to maintaining compliance so your nonprofit can continue its important work.

Finance 210
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How Guarantees Can Advance Community Development and Racial Equity

NonProfit Quarterly

While many foundations screen their endowment investments based on environmental, social, and governance factors, only a few optimize their investment strategies for mission impact. Even when a guarantee is called, foundations may be able to categorize the payment as a charitable contribution.

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How To Use Numbers To Inspire More Giving (and How You Should NOT Use Them)

iMarketSmart

It’s called behavioral finance. In charitable giving, the math system works only as a brake, not as an engine. Waking up the math or finance side blocks the social emotion side. In experiments, reminding people about money or finances reduces: Charitable giving [10]. Charitable remainder trusts.[20].

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Discovering The Tax Implications of Nonprofits Owning For-Profit Businesses

The Charity CFO

Tax Implications of Nonprofits Owning For-Profit Businesses Unrelated Business Income Tax (UBIT) Recognized nonprofits generally receive tax-exempt status from the federal government. Impact on Charitable Contributions Donors to nonprofits often receive tax benefits for their charitable giving. Get the free guide!

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Best Practices when Accounting for Grants

The Charity CFO

The IRS has strict regulations on how to handle grants and charitable contributions, so it is essential that you understand the best practices when accounting for them. You really don’t want to be red-flagged by the government because of incomplete, unorganized, or inaccurately recorded grant information. What is a Grant?

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5 Reasons Why You Should Focus Your Fundraising On Foundations, Funds, Trusts, and Endowments

iMarketSmart

Step 2: Donor manages the assets in the charitable fund. The government recognizes this. This transfer to charity doesn’t affect the donor’s personal finances. Donor targeting enhances voluntary giving to government. Charitable contributions in an ideal estate tax. It awards him a deduction. Grossman, P.

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House Signs Off On Tax Bill That Hurts Charities

The NonProfit Times

The Senate Finance Committee’s version of the bill, released last week, features some stark contrasts, including no repeal of the Johnson Amendment and an expanded exemption within the estate tax, but no complete repeal.