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
For foundations and nonprofits alike, the grant application process can be a time-consuming hurdle. Nonprofits often dedicate significant resources to crafting applications, while foundations juggle evaluating numerous proposals, many of which may not align with their goals. A well-designed application process ensures your foundation receives the information it needs while respecting applicants’ time and resources.... Read More
Grant applications are an important touchpoint for nonprofits and grantmakers alike. Recently, Blackbaud has been taking a hard look at the modern grantee experience for those who use our portal for grant applications. We wanted to know if the grantee portal afforded our funder clients the flexibility to get the information they needed, while also... 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
Managing a private foundation with staff requires more than just focusing on its mission; it also demands careful attention to human resources. By addressing key HR questions, you can ensure your foundation is legally compliant, ethically sound, and a positive place to work. Below is a checklist to help guide your HR practices. Advisors and... Read More