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Gross Mendelsohn Blog

A resource to help business owners, nonprofit executives and high net worth families preserve wealth, grow and thrive.

5 Lessons to Learn From a Nonprofit That Lost $160K+ In Employee Fraud

There is always a lesson to be learned in the experience of another nonprofit, especially when it comes to fraud. Nonprofits frequently lack the strong controls and policies to ensure their organization is fully protected against employee fraud, making...
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Nonprofits — 6 Things to Look for When You Hire a Strategic Planning Facilitator

It’s a good day. You, your team and board just made the decision to develop a much-needed strategic plan for your nonprofit. It’s time to jump in and get started … or is it? When funds are limited you might be tempted to go it alone and handle your...
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Valuing Goodwill In a Divorce: Personal vs. Enterprise Goodwill

When valuing a business as part of a divorce proceeding, it’s critical to understand the distinction between personal and enterprise goodwill. Knowing how to distinguish between the two could have a significant impact on the financial outcome of the case.
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The #1 Secret to Nonprofit Fundraising Success

I’ve been in fundraising for 30 plus years, and in that time, I’ve watched nonprofits struggle to figure out what they need to do to be successful in raising funds for their organization. A common mistake nonprofits make is believing fundraising is the...
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8 Don’ts of Nonprofit Board Composition

Just like no two nonprofits operate exactly alike, no two nonprofit boards are the same.
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3 Things You Must Know to Qualify for Maryland’s Job Creation Tax Credit

If your business is creating new full-time jobs in Maryland, you may be entitled to state income tax credits. The Maryland Job Creation Tax Credit rewards businesses that create a minimum number of new full-time positions in Maryland before January 1,...
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