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PPP Legislative Update – Great News for Nonprofits & Small Businesses!

Blue Fox

Here's a brief summary of the changes from the National Law Review. We also put together an easy-to-read #foxtastic chart of the major updates below. We’re here to help. The Paycheck Protection Program Flexibility Act eases restrictions on how nonprofits and small businesses can spend their PPP funds.

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The Better FAFSA: What Colleges Need to Know Right Now

sgEngage

Many colleges and universities also use it to help determine a student’s eligibility for their own need-based financial aid programs. Department of Education released look-up tables to help students determine their estimated Pell Grant amounts prior to completing their applications. The Better FAFSA promises greater transparency, too.

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Statement of Activities: Common Mistakes and How to Avoid Them

sgEngage

The Financial Accounting Standards Board (FASB) introduces guidelines on how nonprofits should handle grants and contracts, and these updates help nonprofits report their finances accurately and in a standard manner. Regular training for staff on the nuances of fund accounting can also help prevent misunderstandings and ensure compliance.

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How to Retain Your Year-End Donors

Neon CRM

The strategies in this article will help you. The first tool is the donor retention bar chart widget you can add to your dashboard. Two important ways to inspire a donor to support you in the future are to make the most of your automated receipts and then follow up with emails (or letters) that help them understand their impact.

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How to Write a Case for Support for Your Non-Profit (Part II)

The Fundraising Authority

This AI writing assistant will help you write appeals, proposals, thank-you letters and a lot more. It can even help write your case for support. . Use statistics and charts, but more importantly, tell the stories of those you have helped, use testimonials, and then back those up with the numbers. #6:

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Trainer’s Notebook: Facilitating Brainstorming Sessions for Nonprofit Work

Beth's Blog: How Nonprofits Can Use Social Media

Used as a facilitation technique in training can also help people generate ideas on how to apply the skills or concepts being taught. The ideas can be captured on a flip chart or participants can write them down on sticky notes and post them on a wall. Write them on a flip chart, white board, or slide so everyone can see it.

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A Beginner’s Guide to Nonprofit Financial Reporting

Greater Giving

Knowing where your nonprofit currently stands financially can help you prepare for future growth, set overarching goals, and chart a course for upcoming multi-year initiatives. It’s most helpful for strategic planning and risk management. Plus, as an employer, your organization needs to help its employees pay their taxes.

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