Category: Nonprofit

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How Nonprofits May Feel the Effects of Tax Reform

The newly enacted “Tax Cuts and Jobs Act” (the “Act”) includes sweeping changes to how…

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What to Consider When Forming an Investment Policy
What to Consider When Forming an Investment Policy

Does your nonprofit have a formal investment policy? If not, your organization’s investment committee might…

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Unbudgeted Expenses? Operating Reserves Can Help
Unbudgeted Expenses? Operating Reserves Can Help

Even the best-laid plans can go awry. A major grant your organization counted on could…

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Building a Stronger Internal Audit Function
Building a Stronger Internal Audit Function

In recent years, nonprofits have been the target of increased scrutiny over governance, accountability and…

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What Really Motivates Donors?
What Really Motivates Donors?

What do charitable donors want? The classic answer is: Go ask each one individually. However,…

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Approaching Your Operating Budget from a Fresh Angle
Approaching Your Operating Budget from a Fresh Angle

For many nonprofits, the arrival of fall means one thing: budget time. If you’ve struggled…

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The Value in Thinking Like an Auditor
The Value in Thinking Like an Auditor

When auditors examine a nonprofit’s financial statements they spend a lot of time on the…

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6 Tips for Building the Board of Your Dreams
6 Tips for Building the Board of Your Dreams

In response to a recent survey on nonprofit governance, chief executives and board chairs gave…

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Are You Doing Enough to Manage Risk
Are You Doing Enough to Manage Risk?

No matter what your mission, your nonprofit must protect financial and physical assets, human resources…

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What to Do If Your Nonprofit Receives an Audit Letter from the IRS
What to Do If Your Nonprofit Receives an Audit Letter from the IRS

The IRS has increased its scrutiny of nonprofits, auditing 8,000+ nonprofits (out of 1.6 million…

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