Under the Internal Revenue Code, “qualified sponsorship payments” to not-for-profits aren’t subject to unrelated business income tax (UBIT). Qualified payments refer to money, property transfers or the performance of services…
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Does your not-for-profit use crowdfunding platforms — such as Kickstarter, GoFundMe and Indiegogo — to raise money? Many not-for-profits have found they’re a great way to engage potential supporters, particularly…
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Not-for-profits often work with limited resources, making efficient operations critical. Artificial intelligence (AI) and other forms of automating repetitive tasks can improve donor engagement, optimize fundraising and expand outreach. Human…
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Only some not-for-profit organizations are required to conduct independent annual audits. For example, the federal government and many states mandate an audit if a not-for-profit receives more than a specific amount in…
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Your not-for-profit’s board of directors should enjoy the role, the opportunity to support a cause close to their hearts and the camaraderie of working with others who’re dedicated to achieving…
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How well does your not-for-profit protect the privacy of donors, staffers, clients and volunteers? It’s an important question because failure to protect personal data can expose your organization to costly…
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