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Our Ask An Expert series features real questions answered by Claire Axelrad, J.D., CFRE , also known as Charity Clairity. Today’s question comes from a nonprofit employee who wants advice on how to energize their legacy giving program: Dear Charity Clairity, We have an on-paper “legacy society” that was started before my time here. Members gave $5000 outright to be a “ member” and the funds are in our restricted fund.
Loretta McCarthy, co-CEO and managing partner of Golden Seeds and Take The Lead board member, speaking recently at Aspen Ideas Festival. “It’s like health fitness; it is wealth fitness. Many women know they will be fully responsible financially for themselves,” says Loretta McCarthy, co-CEO, and managing partner of Golden Seeds, LLC, an investor consortium that invests in early-stage, women-led businesses.
Image from [link] Members of the American Medical Association (AMA) voted to support greater oversight of nonprofit hospitals and standardization of charity care policies so financial assistance reaches patients in need. Hospitals are eligible for nonprofit status, which exempts them from income, property, and sales taxes. This results in billions of dollars of tax savings annually on the condition hospitals provide charity care and other community services.
I’m beginning again, as I often do, with a bit of borrowed insight, this time from a colleague’s email message. No matter if, or how, you voted in the recent U.S. elections, we are living in a time of profound division, rapid change and a lot of uncertainty. How will the social benefit sector respond? “Now we’re at another critical moment as a country.
Your financial statements hold powerful insights—but are you truly paying attention? Many finance professionals focus on the income statement while overlooking key signals hidden in the balance sheet and cash flow statement. Understanding these numbers can unlock smarter decision-making, uncover risks, and drive long-term success. Join David Worrell, accomplished CFO, finance expert, and author, for an engaging, nontraditional take on reading financial statements.
As the dust settles from last week’s election, we know nonprofit leaders across the nation are reflecting on the implications of the incoming administration and its policies on their work. What does it mean for nonprofits working in the refugee resettlement space? What about nonprofits working on health access, housing, or food security? What about nonprofits working on equity and access issues?
By Dennis C. Miller We all know about the commitment and passion that nonprofit leaders bring to their organization to make a difference in the lives of others. You truly care about others and work tremendously long hours to generate a positive social impact in their communities, often with little financial reward. The commitment to your respective mission and determination to succeed despite the ever-increasing challenges and obstacles is inspiring.
For many nonprofits and academic researchers, finding the right grant to fund their work is critical to their survival. But sifting through endless databases or outdated lists can feel overwhelming and frustrating, like trying to find a needle in a haystack. Enter AI-powered smart search tools, which are streamlining how nonprofits and academics discover and apply for grants.
For many nonprofits and academic researchers, finding the right grant to fund their work is critical to their survival. But sifting through endless databases or outdated lists can feel overwhelming and frustrating, like trying to find a needle in a haystack. Enter AI-powered smart search tools, which are streamlining how nonprofits and academics discover and apply for grants.
This giving season, engage your supporters like never before with a creative approach to holiday fundraising! Join us to explore a unique digital experience designed to inspire generosity, showcase curated holiday gifts, and bring your mission to the heart of year-end giving. Don’t miss this live session on Thursday, November 21st at 2:00pm ET.
By Jim Canales & Stefan Lanfer To meet this moment, how can foundations and nonprofits orient their communications to foster connections and build community?
Unlock the secrets to an optimized donation page! Download our exclusive resource, "Top 10 Best Practices for Donation Pages," packed with proven tips straight from our customers. Discover actionable strategies to make giving easier, more secure, and more impactful for your donors. Don't miss out—grab this valuable resource today!
By Scott Warren In the wake of Donald Trump’s re-election, four recommendations for leaders dedicated to reconstituting and strengthening democracy in the United States.
Traditional budgeting and forecasting methods can no longer keep pace with today’s rapidly evolving business environment. Static budgets, rigid annual forecasts, and outdated financial models limit an organization’s ability to adapt to market shifts and economic uncertainty. To stay ahead, finance leaders must leverage a future-forward approach—one that leverages real-time data, predictive analytics, and continuous planning to drive smarter financial decisions.
As Ta-Nehisi Coates said, “America begins in black plunder and white democracy, two features that are not contradictory but complementary.” Every whip slash inflicted on their backs ironically gave them strength to carry on their shoulders the burden of trickery, treachery and conformity. Let’s not forget the burden of you dismantling the Black family and using Black babies to breed human machinery.
In times of crisis, institutional donors often provide essential funding, but nonprofits need a strategic approach to secure it. Here are ways to appeal to these donors.
By Alyssa Simard, CPA The success and integrity of nonprofit organizations hinge on the ability to steward financial resources effectively. One critical aspect of financial stewardship is the practice of functional expense reporting. It is paramount for nonprofit financial leaders to adopt a thorough approach to categorizing and reporting expenses and why it is a cornerstone of fiscal responsibility.
Speaker: Tim Sarrantonio, Director of Corporate Brand
Do you really know your donors? Not just what they give, but who they are? 👥 In this interactive session, we’ll break down how nonprofits can use behavioral indicators (affinity, recency, frequency, and monetary value) to build prospecting segments that go beyond wealth screening and actually align with donor identity. You’ll walk away with practical strategies to move beyond basic demographics and cultivate supporters based on how they already engage with you!
It’s normal to have fears. But fear often leads to self-destructive action (or non-action). Here are some of the most common fears we fundraisers have, from the BDI Blog, at 3 common fundraising fears and how to face them : FEAR #1: Am I asking too often? You probably are not asking too often. Volume of asking has not been shown to drive down retention.
Conservative and progressive women's groups are readying for a battle over federal and state reproductive rights measures. By Stephanie Beasley Kenneth Ferriera/Lincoln Journal via AP Conservative and progressive women's groups are readying themselves for a battle over federal and state reproductive rights measures.
Members of the US House of Representatives failed Tuesday to reach a two-thirds vote necessary to advance a bill, HR 9495, that would grant the US treasury secretary—appointed by the president—broad power to strip nonprofits of their tax-exempt status if deemed by the secretary to be a “terrorist-supporting organization.” “Congress is already moving to hand a resurgent Trump administration a powerful cudgel that it could wield against ideological opponents in civil society.
Payroll compliance is a cornerstone of business success, yet for small and midsize businesses, it’s becoming increasingly challenging to navigate the ever-evolving landscape of federal, state, and local regulations. Mistakes can lead to costly penalties and operational disruptions, making it essential to adopt advanced solutions that ensure accuracy and efficiency.
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Image Credit: Photo by Christian Lue on Unsplash During the first presidency of Donald Trump, who called green energy a “ scam ,” the United States fell dramatically behind in efforts to repair the climate while ramping up emissions and pollution. The Trump administration rolled back or dismantled more than 100 rules designed to protect the environment, which led to an estimated thousands of preventable deaths from illnesses related to air pollution.
Image Credit: Photo by Jabari Timothy on Unsplash On Election Day 2024, many people across the country voted with the hope that they would play a role in shaping history by helping to elect the first woman as president of the United States. The prospect of electing Kamala Harris—a woman of both Black and Asian descent— particularly galvanized Black women who have only had the protected right to vote in America since 1965.
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