A cash reserve, sometimes called an “operating reserve,” is just that: cash. Many organizations have been able to continue operating during the coronavirus pandemic due to the reserves they set aside previously. Click here to find out more.
When the coronavirus pandemic hit in March, nearly every individual, business and nonprofit organization saw a drastic change in their day-to-day activities. For organizations with a disaster recovery plan in place, many of the obstacles faced had a solution waiting.
Amidst all the changes related to COVID-19, it might be easier for your organization to file its annual NC Charitable Solicitation License online. Click here for steps on how to file.
A donor advised fund (DAF) is a fund that allows a donor to make contributions and recommend grants to charities of their choice through a charitable sponsor. Check out more here.
It’s been six weeks since much of life as we know it changed drastically. Many NFP organizations have been forced to shut down, while others are able to still operate at a lesser capacity. Click above to learn more about the impact of COVID-19.
Since donors play such an important role in the operation of a nonprofit, it is important for your organization to acknowledge each donation for a number of reasons.
