Resources
Put your nonprofit’s cybersecurity system to the “pen” test
February 26, 2025At least 68% of not-for-profits experienced one or more data breaches between 2021 and 2023, according to the CyberPeace Institute. Already in 2025, several nonprofits, including health care, social service and religious organizations, have made cyberattack losses public. Nonprofits can be particularly vulnerable to such crimes because they generally spend less money on cybersecurity systems […]
Beyond Boomers: How to engage younger generations
February 19, 2025If your nonprofit’s fundraising arm has largely neglected younger generations in favor of Baby Boomers, you may need to revise your outreach strategy. Boomers currently make up the largest demographic of charitable donors. But, according to consulting firm Cerulli Associates, Americans born between 1965 and 1996 (Generation X and Millennials) are expected to inherit $84 trillion in […]
Bank reconciliations are your nonprofit’s first line of defense
February 11, 2025How often do you reconcile your organization’s internal financial records against your bank statements? Bank reconciliations are an essential internal control procedure that busy managers sometimes overlook or neglect. Here’s why it pays to perform them regularly. Operational benefits Weekly or monthly bank reconciliations can improve the accuracy of your organization’s financial records. You may […]
Casino nights aren’t all fun and games
February 7, 2025Charitable fundraisers that feature games of chance — everything from bingo and raffles to baccarat and roulette — help U.S. nonprofits raise millions of dollars every year. However, hosting gambling events can also trigger certain tax-related responsibilities. Before scheduling a casino night, lottery or other “regulated” activity, review these rules: Unrelated business income (UBI). If […]
How to get foundations to say “yes” to your grant proposals
January 29, 2025There are many thousands of charitable foundations in the United States. And, according to technology company Foundation Source, U.S. foundations awarded an average of 33 grants averaging between $25,000 and $28,000 each in 2022 (the most recent year for which data is available). So a lot of grant money is out there for not-for-profit organizations […]