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What do the mega gifts of 2024 say about giving? 

Candid

Higher education and health institutions top the list of mega gift recipients Dollars and Change also found that educations share of total individual giving fell slightly , from 20% in 2015 to 19% in 2022. In the area of health and medical research, City of Hope received $150 million from A. when adjusted for inflation.

Health 98
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Job Description For Nonprofit Finance Director

The Charity CFO

The finance director role is critical to the success of any nonprofit, making it one of the most important hires an organization can make. They are responsible for the financial health of the organization. A Bachelor’s Degree In Accounting, Finance, Or A Related Field Is Required. Leadership And Management Skills.

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The Importance of Establishing Operating Reserves for Nonprofits

Stanford Social Innovation Review

A minority of nonprofits have more than six months of cash in reserve, according to reports like the Nonprofit Finance Fund’s State of the Sector ; many have less than three months of operating reserves on hand. This process was eye-opening for many grantees and helped them realize “nonprofit” doesn’t mean no surplus.

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The Difference Between Traditional Payroll and a PEO for Nonprofits

The Charity CFO

Whether you choose traditional payroll or a PEO, ensure that the provider understands the unique needs of nonprofit organizations. At The Charity CFO , we understand the complexities of nonprofit finances and operations.

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What To Do About Fundraising’s Dark Side

The Agitator

These include reasonable agency compensation, transparent and honest communications, donor acknowledgement, the protection of personal information and—most importantly—stewardship of the programmatic goals and organizational health that donors invest in with their gifts. Note: Industry leadership will also boost your career!).

Ethics 83
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Investing in capacity building: The vital role of general operating support for BIPOC-led nonprofits

Candid

To create impactful change, innovative approaches are needed —including bolstering nonprofits led by and serving women and girls facing inequities with general operating support grants. The need for capacity building In 2020, the Black Women’s Mental Health Institute was a volunteer-led nonprofit in Birmingham, Alabama.

Health 52
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Accounting Basics for Nonprofits - A Primer for Non-Finance Leaders

Nonprofit Fixer

To understand more about how financial management fits into a nonprofit executive director’s job description, you can check out this piece on what nonprofit executive directors do. Then read on for that nonprofit finance and accounting refresher we all need! Why is having professional accounting important for nonprofits?

Finance 52