Adopting a written document retention policy ensures that staff and volunteers follow consistent guidance about document retention and that document deletion becomes a routine business practice.
Creating an endowment can be an important strategy to set aside funds for the future, and may be a hallmark of financial sustainability. However, endowments are not right for every nonprofit.
Investment management is about maximizing a specific resource, money, and in that way is similar to the other resources you manage in service of your mission.
Most charitable nonprofits have an obligation to file some version of the IRS Form 990. (There are some exceptions.) Most nonprofits are required to file electronically.
There is no quick fix to putting your nonprofit’s worst cyber-attack nightmares to rest. The good news is that addressing this issue does not have to create a budgetary nightmare.
Boards of directors have a fiduciary duty to ensure that the assets of a charitable nonprofit are used in support of the charitable mission, and in accordance with donors’ intent.
As tax-exempt public charities, charitable nonprofits embrace the values of accountability and transparency as a matter of ethical leadership, as well as legal compliance.
