Nonprofit Businesses

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Considering Why People Volunteer

Volunteers are the lifeblood of the nonprofit sector. Just about every nonprofit charitable organization uses volunteers in some capacity. In most cases, board members serve without compensation. For many [more…]

Understanding Nonprofit Ownership

No one person or group of people can own a nonprofit organization. You don't see nonprofit shares traded on stock exchanges, and any equity in a nonprofit organization belongs to the organization itself [more…]

Forming a Committee from the Board of Directors

An organization's board of directors is responsible for forming committees when necessary. Committee members must be drawn from the current members of the board itself, so having a talented and diverse [more…]

Introducing Form 990: Tax Forms for Nonprofits

Non-profit organizations are generally tax-exempt and don't need to file revenue forms, but the Internal Revenue Service still requires lots of information — all to be painfully extracted and meticulously [more…]

Handling a Grant Rejection Notice

As a grant writer, getting a rejection letter from a funding source after you've shed blood, sweat, and tears researching and writing your grant application can be a big letdown. Besides coping with your [more…]

Understanding Your Rights on the Board of Directors of a Nonprofit Organization

It's a sad fact of life that volunteer directors of nonprofits run the risk of being sued in the course of carrying out duties for which they aren't paid. Fortunately, many states realize the importance [more…]

Budgeting for Fundraising

Raising money costs money. And no organization receives every grant or gift that it seeks. A nonprofit needs to be sure up front that it can afford its potential fundraising costs and that the costs are [more…]

Getting Buy-In for Your Mission Statement

If you're starting a nonprofit with a group of people, everyone needs to agree on the mission statement. Consider holding a meeting to solicit input from everyone. The important thing to keep in mind is [more…]

Understanding How and Why Nonprofits Face More Government Scrutiny

U.S. nonprofit organizations are entering an era of the most intense federal and state regulation in history. After cracking down on corporate America by enacting the Sarbanes-Oxley Act [more…]

Examining Executive Compensation in Nonprofits

Issues of executive compensation and governance are closely intertwined thanks to the influence of the Sarbanes-Oxley Act (SOX). The IRS is always concerned as to whether governing boards of nonprofit [more…]

How to Get Going on a Grant Application

Applying for a grant requires plenty of preparation and research. To begin the grant-seeking process, you need to understand the different types of grants, what grant money can be used for, and what grantwriters [more…]

Essential Information to Gather in Your Customer Credit Application

When you compose a credit application for your customers, you want to make sure that application includes certain basic information about your customer. Be sure to get the following information from your [more…]

Creating a Successful Fundraising Strategy

Fundraising is a never-ending task for most nonprofit organizations. Although you may raise money with various campaigns for different programs within your agency, your overarching fundraising strategy [more…]

How to Write a Great Case Statement

The backbone of your fundraising campaign is a strong case statement. A case statement outlines what need your agency addresses, how you address it, what makes your organization unique, and how others [more…]

Monitoring Your Nonprofit's Cash Flow in a Changing Economy

As if a fundraiser’s job weren’t hard enough, sometimes the economy takes a tumble, causing contributions to your organization to slow down. You may need to revamp your fundraising message to make it clear [more…]

Fundraising For Dummies Cheat Sheet

No two fundraising campaigns are the same, but they all share the same goal: to raise money that nonprofit organizations can use to fund programs and help others. When you start a fundraising campaign, [more…]

How to Create a Funding Plan for Your Organization

Your funding plan is a strategic written document on a grant application that drives the organization's direction and decision-making process over a set period of time. Just a few years ago, organizations [more…]

How to Present Your Organization's Qualifications when Applying for Grants

Any funding source you approach will have questions about the grant applicant organization’s legal name and structure, such as nonprofit, unit of government [more…]

Attachments You Should Add to Your Grant Request

Virtually all grant applications require a few standard attachments that provide additional information about the grant applicant organization. These attachments follow the grant or cooperative agreement [more…]

How to Read a Request For Proposal for a Contract Bid

When a company issues an opportunity to bid on a contract for funding, often referred to as an RFP (Request For Proposal)or RFQ (Request for Quote), you must be able to quickly scan the technical proposal [more…]

How to Find Third Party Resources to Help You Write Your Federal Grant Applications

Writing an application for a federal grant or cooperative agreement requires making new friends in your community — not only collaborative partners but also community specialists such as evaluators. You [more…]

How to Write an Application That Wins Grants

The opening section of your grant application for funding is all about your organization. The focus is on the problem your organization wants to solve, where [more…]

How to Write Your Grant Application's Program Design Section

When you write the program design section of your grant application, remember that the point is to explain what you want to do with the grant monies. This is what the reviewers are interested in. [more…]

How to Present Your Organization's Capabilities in a Grant Application

When writing the organizational capability section of your grant application, you need to clearly and concisely give the grant reader just enough information about your organization’s experience and accomplishments [more…]

How to Determine the Required Elements for a Contract Bid

When you respond to an RFP (Request For Proposal), you position your organization to win a contract bid. Pursuing contracted services on a regular basis can strengthen and grow your business. In the first [more…]

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