Donor-advised funds (DAFs) are an increasingly popular way for individuals to manage charitable donations while providing an excellent potential funding source for charities. As nonprofit leaders and fundraisers look to diversify revenue, understanding how DAFs work, their benefits, and their challenges can empower organizations to build long-term donor relationships and financial stability. What is a …
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Safeguarding Your Nonprofit from Misleading Solicitations
Nonprofit leaders face many challenges, from managing resources to meeting regulatory requirements. Unfortunately, scammers routinely target nonprofits by sending fraudulent letters disguised as official government forms. We regularly receive inquiries from concerned nonprofit clients who have received Statement of Information and “Minutes” scam letters, which demand fees for compliance-related services that are not required by …