Category Archives: Finance
Boards: 3 Areas NPO Leaders Need To Develop
By Dennis C. Miller We all know about the commitment and passion that nonprofit leaders bring to their organization to make a difference in the lives of others. You truly care about others and work tremendously long hours to generate
Finance: AMA Pushes For Charity Care Accountability
Image from https://lowninstitute.org/ Members of the American Medical Association (AMA) voted to support greater oversight of nonprofit hospitals and standardization of charity care policies so financial assistance reaches patients in need. Hospitals are eligible for nonprofit status, which exempts them
Accounting: Data Behind Functional Expense Reporting
By Alyssa Simard, CPA The success and integrity of nonprofit organizations hinge on the ability to steward financial resources effectively. One critical aspect of financial stewardship is the practice of functional expense reporting. It is paramount for nonprofit financial leaders
NPO Brings The Lighter Side Of Emergency Appeals
Image from Human Appeal USA Humanitarian aid nonprofit Human Appeal USA is kicking off a national comedy tour featuring established comedians to raise money in support of the organization’s emergency appeals to deliver food, clean water and medical care to
Report: Conflict Has 114 Million People Displaced
Photo from CIVICUS The world’s civic space is in its worst state since the nonprofit CIVICUS started its global coverage in 2018. Some 118 countries now have serious civic space restrictions and only 2.1% of people live in countries with
Contributions To DAFs, Distributions Both Decline
Donor-advised fund (DAF) disbursements to charitable organizations declined 1.4% during 2023 to $54.77 billion. Likewise, contributions into DAFs by donors decreased 21.7% to $59.43 billion, according to new data from the National Philanthropic Trust in Jenkintown, Pennsylvania. DAFs were responsible
5 Strategies To Keep Your Office Safe
By Eric Spacek The holiday season is significant in two important ways for nonprofit organizations: year-end giving reaches a peak and your nonprofit is a flurry of activity as people come and go. As you focus your efforts on soliciting
The Power of Spend-Down Funds And Immediate Attention
By Christian O’Dwyer, CFA and John Walsh Endowment funds have long been a cornerstone of philanthropy as they provide sustained financial support for various causes across generations. While endowments traditionally focus on perpetuity, a growing number of donors are opting
25 Years And $2.5 Billion For ShopGoodwill.com
Image from ShopGoodwill.com By Richard H. Levey ShopGoodwill.com, the ecommerce platform used by more than 130 Goodwills across North America, is not resting on its history after 25 years in operation. The online store, which organization leaders claim was “the
Rebuilding Nonprofit Infrastructure Post Covid
Following a few years of investment in their technology, infrastructure and internal resources, many nonprofits now have the revenue, organizational culture, and donor networks to execute plans to deepen, and perhaps transform, long-term impacts on the communities they serve. This
