Identifying effective nonprofits begins with clarity about your goals and values. As a donor, focusing on the impact you want to achieve can help you find organizations that align with your mission. By honing in on your priorities, you can support nonprofits that share your vision and help them advance the work you care about... Read More
Proper recordkeeping is essential for efficient foundation operations, legal compliance, and smooth audits. An organized system ensures easy access to critical documents, reduces clutter, and protects your foundation’s history. Although maintaining records might seem like a time-consuming task, investing thought and effort into a clear and practical system will save time and prevent headaches in... Read More
What Is the Nonprofit Sector? The nonprofit sector encompasses institutions and organizations that are neither government nor business. A nonprofit exists to benefit the public and operates without the intent of making a profit. Any revenue generated is reinvested into the organization to support its mission or charitable purpose rather than distributed to shareholders, as... Read More
Is your board covering all the bases of good governance this year? A comprehensive checklist of annual board tasks ensures your foundation remains up-to-date and on track. By including legal obligations and governance best practices, this checklist serves as a valuable guide for established foundations (not start-ups). While some tasks are legally required, others are... Read More
When disaster strikes, it can be overwhelming to know how best to help. As a funder, you want to ensure that your contributions make a real difference in both the short and long term. Experts and experience have shown that the most effective grantmaking in disaster situations follows four key principles—Connect, Collaborate, Consider, and Communicate.... Read More
When it comes to filing Form 990-PF, preparation is key. Whether you’re handling the form yourself or hiring a professional, having the necessary documents organized and accessible is essential. This guide will help you categorize your expenses, organize your files, and provide general tips to ensure a smooth filing process. Categorizing Expenses To simplify the... Read More