Cash Rules Everything Around Me
This is a common thought running through the minds of many Controllers of not-for-profit entities, especially during times when fundraising events are being held.
Fundraising
Treasuring the Mission – The Role of Board Treasurer
As accounting professionals who specialize in nonprofit organizations, we’re often presented with opportunities to strengthen our clients’ financial position and, in turn, serve our communities both directly and indirectly.
Quid Pro Quo Contribution – What Your Nonprofit Should Know
The IRS refers to transactions in which the donor makes a payment partly in return for some type of goods or services (a benefit received) and partly as a contribution as quid pro quo contributions.
The Gift of Giving Back Could Become More Valuable…Permanently
On May 29, 2014, the Ways and Means committee approved four individual bills which would permanently reinstate three of the expired charitable giving incentives and extend the deadline through April 15 for individuals making charitable contributions.
Tax Deductibility of Contributions to Scholarship and Tuition Funds of Nonprofit Private Schools
It is not uncommon for schools that have a mission or philosophy that is rich in helping those in need and supporting the local community to have a benevolence fund established for the benefit of providing tuition assistance to their families in need.
Giving the Gift of Appreciated Securities
The holidays are a great time for thinking outside of the box to find that perfect present for someone special. Many nonprofit organizations would like their donors to think outside of the box when making their end of year donations, specifically contributing appreciated securities […]
The Benefits of Giving Back
I recently read an article published by the National Federation of Independent Business entitled 6 Ways Small Businesses Can Give Back to Their Community.
Are your self-mailers compliant with the USPS changes?
Beginning January 5, 2013, changes to self-mailer postal regulations officially take effect.
Will Work for Free: The Value of Interns to a Nonprofit Organization
Nonprofits have enough to worry about when it comes to funding and running the organization. The greatest benefit in hiring an intern is it does not need to cost anything at all.
You Can’t Have Your Cake and Take a Deduction For it Too
Posted by Saaib Uppal Who came up with the proverb, “You can’t have your cake and eat it too?” While history doesn’t give a definitive answer, we can start by checking the archives of the Internal Revenue Code. Why, you ask? Well, I was recently asked if someone could deduct a charitable contribution for donating the right to use their personal vacation home for 1 … Continued