Nonprofit Insights

The ABC’s of DAFs

The ABC’s of DAFs

Does your development strategy include pursuing grants from donor-advised funds (DAFs)? Considering the recent growth of these charitable investment vehicles, it should. DAFs are managed financial accounts dedicated to charitable giving. Individual account owners...

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Engage in SMART Goal Setting

Engage in SMART Goal Setting

Does your staff cringe when you talk about goals? Do your coworkers roll their eyes when you discuss your objectives for the coming year? If this is the case in your organization, it may be time for a new way of thinking about your goals — one that is well...

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Be Strategic in Board Selection and Succession

Be Strategic in Board Selection and Succession

Building a board is a continuous improvement process. You want committed, passionate and expert members to help guide your nonprofit — and you want to continuously fine-tune the board to be its best. Recruitment Best Practices It’s challenging to find people with the...

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Get Organized to Prepare for an Audit

Get Organized to Prepare for an Audit

Not all nonprofit organizations are required to have an independent audit of their financial statements. However, there are several circumstances that trigger a mandatory audit, including expending $750,000 or more per year in federal funds. Many state and federal...

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