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Mitigating future risks: Why your organization should have an AI policy 

Candid

Artificial intelligence (AI) is radically changing the way organizations work. Recognizing both the positive and negative potential of this now ubiquitous technology, organizations need to embrace AI responsibly. But as with any tool, we need to agree as an organization on how we use it.

Policy 105
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Implementing a Computer Use Policy at Your Organization

Tech Soup

Your computers and networks are a window to your organization. They require a significant investment to get set up, and they provide access to information, functionality, and collaboration with team members.

Policy 94
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6 Annual reports to inspire your organization

EveryAction

To save money, time, and effort while putting together your annual report, we’ve compiled nonprofit annual report examples to help give your organization inspiration and a comprehensive guide to get you started. To have an effective annual report, you’ll need to make sure it’s informative, emotionally moving , and empowering.

Report 180
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7 Step Policy Guide for Creating Operating Reserves

sgEngage

Operating reserve funds used to be a tricky concept for many nonprofit organizations. With an understandable and accessible operating reserves policy, your team, Board, and donors know the specific reasons you would use your operating reserves and the exact amount that needs to always be in the fund.

Policy 72
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Why your organization needs to reinvest in the state of its member data

Nimble AMS

According to Community Brands 2022 Association Trends Study, while data analytics is a higher priority for organizations, just one-third of association professionals report their data is excellent or very good. It could be as simple as an organization is yet to set any goals, visions, or KPIs for its data.

Data 140
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Raise the Board’s Financial IQ

.orgSource

Organize panel discussions featuring the Finance Committee. Invite your investment team to explain your organization’s allocation and risk strategies and investment reports. Share information. Circulate articles and information on best practices and trends in finance. Be sure to review important policies and procedures.

Raise 419
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What You Should Know if You’re Thinking of Starting a Nonprofit Organization

Bloomerang

Before starting a nonprofit organization, you should understand that the 501(c)(3) designation is just that: a tax designation. Name your organization. . At this time, you should also establish business contact information including location (can be a residential home) and email address. It’s not a business model. .