While fundraisers are constantly searching for ways to expand organizational donor bases, making sure that existing donors keep giving is integral to continuing missions and keeping the lights on.
The cover letter is the grant seeker’s first opportunity to make a good impression — and first impressions matter. While the job of the proposal summary is to provide context for reading the entire proposal, the job of the cover letter is different. Its job is to provide a snapshot of what’s being requested and to demonstrate the unwavering commitment of the organization’s highest leadership.
Fraud within an organization is capable of damaging donor trust, pushing away good employees and siphoning off much-needed funds.
Nearly 40 percent of financial management teams lack annual fraud prevention procedures, checklists and similar reviews, according to results of the new Nonprofit Financial Management Survey from the Evangelical Council for Financial Accountability (ECFA).
When it comes to checking the references of a job applicant, a thorough job can help prevent a lot of problems down the line. With that in mind, anyone who is doing the checking wants to ask good questions.
The Nonprofits Insurance Alliance of California (NIAC) has started a small loan fund available for loans of up to $50,000 to its California members. The loans are secured only by the nonprofit’s assets.
Communication is so important that some people work against it by over-communicating. Others hold communication in such regard that they shy away from it for fear of causing harm.
The summit of the donor pyramid is the legacy gift. As Angel Aloma and Kevin Moran described — it’s the gold in the golden years of your organization’s database. That’s what makes the relationship with your planned giving department so critical.
Planned giving, as important as it is, can feel like an inert piece of machinery – very large machinery – when it needs to be restarted. Getting the thing moving looks like an impossible task. It does not need to be that way, however.
Even an honest error can trigger one an audit by the Internal Revenue Service (IRS) and that exacts a cost in time, resources and possibly, reputation.
Current Print Edition
November 1, 2015Table Of Contents
Vol. 29, No. 13
In The News