by Michael S. Fischer Charitable giving edged downward in 2019, but remained 6% higher than in 2017, according to the Fundraising Effectiveness Project’s fourth-quarter report, released in late March. Now, the question is what effect the coronavirus pandemic will have on giving in 2020. The bulk of losses in donations in 2019 came in the second…
GG Nonprofit News is pleased to partner with VonLehman to present the webinar “Deciphering the CARES Act for Nonprofits” on Thursday, April 16th at 2:00pm. Join us for this FREE webinar on the CARES Act and its impact on nonprofits. While there are several components of this new law, the standards as they pertain to nonprofits…
by The Charity CFO THE PASSING OF THE CARES ACT HAS NOW PROVIDED FUNDING RELIEF FOR SMALL BUSINESS AND NONPROFITS. HERE IS A BRIEF SUMMARY: Nonprofits that have fewer than 500 employees an in operation on 2/15/2020 are eligible to apply. Loan amounts is the lesser of $10M or 2.5x average monthly payroll expenses for…
By Jane Page-Steiner, Publisher, GC Nonprofit News We are all experiencing fear and uncertainty as the COVID-19 pandemic unfolds. The COVID-19 pandemic is creating unprecedented challenges for nonprofit leaders and the people and communities we serve. We know that many of you are facing complex challenges on how to best protect your team, serve your constituents, and…
By Lynn Wester When I sat down to write The 4 Pillars of the Donor Experience a year ago, I wanted it to be a continuation of our thought work in The 4 Pillars of Donor Relations. But honestly, I wanted it to be a book that was read beyond donor relations circles and practitioners and instead shared across…
By Paul D’Alessandro It may be a new year, but for nonprofit leaders and board members, many of the same challenges remain. One of the significant issues in the nonprofit sector is that of nonprofit compensation. Many who dedicate their lives to working in the industry think that they are underpaid. As a result, if you…
By Peter Gamache and Jackie Sue Griffin Many nonprofit organizations rely heavily on the work of volunteers to carry out their missions. Once you realize that the relationship your organization has with your volunteers determines the sustainability of your nonprofit, volunteer retention and appreciation become critical factors in your success. How does your nonprofit approach retaining volunteers?…
By Glen Greenstone If you’re a nonprofit professional, you’re likely already familiar with millenials and how to target your fundraising marketing to attract them. However, Generation Z has now established itself as the next wave of donors. Born around 1996 and later, Gen Z youth are known to be socially conscious. According to this infographic on generational giving, Gen…
By Ruth McCambridge An article posted on Forbes’s site sounds the alarm about nonprofit turnover with a headline that blasts, “45% of Nonprofit Employees to Seek New Jobs by 2025”! Thus starts a relatively vacuous, decontextualized article from which you might deduce that the nonprofit sector is falling behind other sectors in attracting and retaining staff. Of…
From TheNonProfitTimes Some nonprofits always seem to be in the right place at the right time, standing shoulder to shoulder with other community organizations and reeling in grant awards one after another. What’s the story? Why are these nonprofits the darlings of every get-things-done project of every local school, community group, and municipal agency? “When you…
By Emily Schwartz Greco What would you say are the biggest factors making philanthropy much more visible? In recent years, many people have discovered the power of very wealthy people, and their giving and their salience in our society. They are questioning it. I’ve seen a growing interest in philanthropy. I’ve seen a growing critique. I’ve…
By Otis Fulton and Katrina VanHuss, NonprofitPro Last year, NonProfit PRO’s cover story, “The Rise of Women in Philanthropy” reported the happy news that, “it’s becoming increasingly more common to see women hold leadership roles at nonprofit organizations.” It goes on to say that women now make up 75% of the labor force, and because they…
By Kayla Matthews from NonprofitPro Gift-giving is always a kind gesture, and it becomes even more frequent during the holiday season. Nonprofits often receive many donations from kind individuals who support the organization’s vision. The IRS requires organizations to report these contributions, but not all gifts are monetary. This aspect of tax reporting can initially prove…
from The Nonprofit Times It’s not usual for private foundations to limit grantmaking to areas where the donors live or grew up, or in which they have some personal history. Community foundations and federated giving programs such as United Way also limit grants to specific geographic areas. Many corporate foundations only make awards in areas where…
by Blue and Co. CPAs In 2018, the Financial Accounting Standards Board (FASB) released Accounting Standards Update (ASU) 2018-08, Not-for-Profit Entities (Topic 958): Clarifying the Scope and the Accounting Guidance for Contributions Received and Contributions Made. The effective date of this ASU corresponds to the implementation of ASU 2014-09, Revenue from Contracts with Customers (Topic 606),…
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