There are many resources for finding out information about a nonprofit. The best option is to review an organization’s documents yourself. But if you don’t have time for that, where should you go for reliable reporting on nonprofits? The Direct Marketing Association Nonprofit Federation (DMA) is hoping you will turn to their new Nonprofit Dashboard. …
Posts Tagged: nonprofit
Should Your Nonprofit Accept a Donation to Build?
Is your nonprofit considering constructing a new wing or building based on receiving one substantial donation? Before it does, the board should consider all possible outcomes, including ending up in court. Helga Wall-Apelt, a former board member of Florida State University’s Ringling Museum of Art, contributed $6 million to the museum in 2006 for a …
Effectiveness of Small Family Foundations
You have probably heard of behemoth family foundations, like the Bill and Melinda Gates Foundation, taking on huge causes, like fighting AIDS and malaria. Is it possible for smaller family foundations to also make an impact? YES, according to the Wall Street Journal. In a recent article, the WSJ reported that small family foundations are …
Lady Gaga Boosts New Tax Plan
Earlier this week we told you that the House Ways and Means Committee is trying to force nonprofits to be more “effective” through a new tax plan. Thanks to Lady Gaga, the Committee has a new example of why such a tax plan is needed. Yes, Lady Gaga. Lady Gaga and her mother co-founded the …
Charitable Deduction Under Attack – AGAIN
How much does your nonprofit rely on donations from wealthy individuals? Many nonprofit leaders are asking themselves that very question right now. Once again, calls from both Democrats and Republicans threaten to limit the charitable deduction. In his proposed budget for fiscal year 2015 (which starts October 1, 2015), President Obama caps all itemized deductions …
Is it Better to Use Volunteers or Unpaid Interns?
Does your nonprofit use volunteers or unpaid interns? You may remember that last year California started fining employers who misclassify employees between $5,000-15,000 per incident in addition to any other penalties or fines. This not only applies to when an employee is misclassified as an independent contractor, but can also apply when an employee is misclassified …