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Raise the Board’s Financial IQ

.orgSource

And, in the current volatile environment, you need the best governance you can get. This includes the laws relating to financial reporting and fundraising. Invite the auditor to present to the group as preparation for the audit review. Ask fundraising or deferred giving experts to discuss estate planning.

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100+ Fundraising Tasks for Your Nonprofit’s Board

Nonprofit Tech for Good

Many nonprofit organizations struggle to engage their board members with fundraising, especially the act of asking another person for money. Be familiar with every fundraising program, event, campaign, and activity so you can tell others (sustainers, major gifts, events, direct mail, giving circles, etc.).

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Fundraising Strategies for an Election Year

Allegiance Group

As fundraisers, it’s easy to let the election also dominate your fundraising efforts—often in a negative way. Instead, as you plan out your fundraising campaigns for the weeks and months ahead, now is the perfect time to get back to the basics. In fact, political fundraising is like disaster relief. Blame election giving.

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7 Ways Your Nonprofit Can Build a Strong Financial Foundation in 2024

sgEngage

Create an Operating Reserve Fund (or Review Your Policy) An operating reserve is a crucial part of creating a strong financial foundation for your organization. Tip 1: If you have an operating reserve, review your policy. Update the policy based on your current and future needs.

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How to Start a Nonprofit: 12 Essential Steps for Success

Bloomerang

Is there a long-term need for your nonprofit, or could the issue be solved with a smaller-scale fundraising campaign or project? However, if your idea isn’t very large in scope, a one-time crowdfunding campaign or peer-to-peer fundraising event could achieve the results you’re hoping for. The answer could be “both.”

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Research Friday: Lessons in board governance

ASU Lodestar Center

The Central Asia Institute is only one nonprofit organization that has fallen from grace due to poor nonprofit governance. Thankfully, a recent survey conducted by BoardSource in 2012 shows signs of increased governance among nonprofits 2. Increased understanding of their legal and governance responsibilities.

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The 10 roles and responsibilities of a nonprofit Board of Directors

Get Fully Funded

It’s also responsible for making sure the organization meets its regulatory responsibilities and files appropriate paperwork with government agencies. Ideally, the Board and Executive Director will work together as partners to lead the nonprofit, especially on the strategic plan, fundraising, and overall evaluation of the organization.

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