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Management Features

Management Features (341)

Great Ideas for Your Holiday Nonprofit Fundraising

Holidays are always a time to have fun and participate in an activity you believe in. During such a time, many people choose to participate in charity. As a volunteer, giving is better than receiving during this time of the year. Since most people purchase gifts and would be willing to give back during this season, it gives you a chance to boost your end-year fundraising. However, this can only succeed in an environment with a good fundraising plan. Here are great ideas for your holiday nonprofit fundraising to help you plan.

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You're Ready to Start Your Nonprofit if You Have Covered These 5 Issues

Starting a nonprofit is one way you can give back to your community and help people in need. However, the process is not always straightforward as many people might think. As such, it is important that people understand all the steps involved before moving ahead. While some may think starting a nonprofit is simple, it may take years of effort and determination. Most nonprofits do not know the right time to implement an expansion plan or even how they should create a growth strategy to achieve their goals. The question is, when do you know that you are ready to start a nonprofit? As explained in this article, you are ready to start a nonprofit if you have covered these five issues.

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Ask Yourself These Questions Before Starting Your Nonprofit

Starting a nonprofit is a noble idea and is often done by brave and selfless individuals. Sadly, most people start nonprofits without fully understanding what they are getting into. While starting these organizations might be due to good intentions, intentions alone cannot help you achieve your goals and fulfil your mission. Rather, it would be best if you did more digging deeper and developed sound strategies that will allow you to achieve your targets. Ask yourselves these questions before starting your nonprofit organization, regardless of the group of people you want to serve or the mission you want to achieve.

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These Financial Documents are Key to Every US Nonprofit

Nonprofits are organizations owned by shareholders and with no intention to earn profits. Rather, they seek to gain revenue to distribute for programs, grants and other support systems in society. While nonprofits are not required to earn profits by law, they have financial reporting systems at their disposal that helps them understand and report their financial statement. With auditing being a requirement of nonprofits, just like the for-profits, auditors and grantors, as well as the board of directors, might demand reports concerning the nonprofit’s financial health and the viability of the courses they are participating in. These financial documents are key to every nonprofit in the US.

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How to Secure Charitable Giving: The Role of Data Security in Device Donations

Most organizations plan for the unexpected, but not many planned for a global pandemic that would trigger an instant shift to remote work, and the massive amount of extra IT equipment and devices that this sudden transition required. According to one of our research reports, 97% of 600 global enterprises surveyed had to purchase new IT equipment. Now, with the vast majority of businesses having readjusted their operations back to “normal,” many employees have found their way back to the office, but enterprises are still dealing with the pandemic’s IT aftermath, among which is device redundancy. So, what can be done with all of the extra devices now that workers are back in the office?

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What is Your Fundraising Model?

Developing a funding strategy for a nonprofit is a challenge that is sometimes hard to surmount. For a nonprofit to be successful, it must have a proper funding model that ensures it is liquid and can fund its operations, mission and vision. These models do not have to be general to be useful. A funding model is a methodological and standardized method of building a reliable revenue base to support an organization's core programs and services. Although many nonprofits seek funding from various sources, research has shown that 90 percent of the largest embraced funding models built around a single revenue source. Here are a few funding models you can consider for your nonprofit.

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The Critical Shift in Corporate Gifting

The past decade has brought on a major change with corporate gifting, how companies perceive gifts, and the types of gifts their employees, vendors and clients enjoy. The proliferation of data through social media has helped refine superior methods to approach relationship management and how corporate gifting fits into this new paradigm. Here are five things companies need to consider with corporate gifting in 2022:

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Nonprofits Need Strategic Planning

A strategic plan for a nonprofit is the formal process created by nonprofits to accomplish their goals and objectives set up at the beginning of the year. It is a guiding document that organizations use to convert their goals into actions. Accordingly, this tool helps you define where your organization intends to go and the actions that can be taken to reach the destination. While most people associate strategic planning with for-profits, nonprofits too must have a strategic plan to help them define where their organizations want to go and what they should do to achieve their mission statements. Here is the process of creating a strategic plan for your nonprofit.

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Nonprofits Are Able to Make Money

The term nonprofit makes many people assume it means “no income.” In fact, this term has often led to a stereotype of workers working for little to no compensation because of the notion that all they do is for passion for the charities, hence always struggling for cash. This myth is untrue. Many nonprofits are capable of making money, and most of them intend to do so. Money is useful in propelling an organization to greater heights. Therefore, if a nonprofit wants to grow and help other causes in society, it must find ways of getting money or generating some on its own. It is only with adequate funds that a nonprofit can effectively grow and champion its cause. However, although there are ways they can make money, they are limited in one way or another. Therefore, this article provides insight into how nonprofits can make money and the limits set on their earnings. If you are aspiring to start a charity, this article might be the right starting point for you.

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Big Ideas for Your Nonprofit Board

When starting and operating a nonprofit, a lot is at stake. As a leader of a nonprofit, the activities involve trying to raise awareness for issues that do not get the proper attention. Furthermore, any nonprofit leader has an intention to make the world better through the provision of services to people in need. An individual cannot achieve this. Rather, it requires collaboration with employees, communities and other parties whose work is to organize nonprofits and ensure they are well run.

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