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All About Nonprofit (19)

The Top 2 Factors to Consider When Establishing an Endowment for Your Nonprofit

I recently hosted a webinar on best practices in nonprofit endowment management. Afterwards, I received an all too common question from a nonprofit executive who had been considering an endowment for her organization — how do I know if and when my...
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Nonprofits, 3 Reasons Why Nothing Is More Expensive than a Cheap Audit

I’ve heard it more than once at the conclusion of a nonprofit organization’s RFP process: “We really liked your CPA firm, but ... we went with another firm whose audit services cost less.” Hhmm, sounds good for the nonprofit’s pocketbook, right? Well,...
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Breaking Up Is Hard to Do, But for Private Foundations It Just Got Less Costly

Private foundations are often launched by high net worth families who are philanthropically inclined. In addition to giving families the opportunity to support the causes they care about, charitable giving provides powerful tax and estate planning...
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7 Signs It’s Time for a New Strategic Plan for Your Nonprofit

When it comes to nonprofits, strategic planning is often one of the biggest things sitting on an organization’s back burner. It usually goes something like this: you know the benefits of strategic planning, but you also have a million other things that...
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Two Fraudsters. One Billing Scheme. $1.4 Million Dollars.

Despite what many business owners would like to believe, instances of fraud often crop up when we least expect. Even the best of us can miss the signs of a fraudster in our midst, and as the size of a company increases, so do number of places a fraudster...
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6 Bad Reasons for Not Having a Strategic Plan for Your Nonprofit

Having helped many nonprofits with strategic planning over the years, I’ve heard the gauntlet of excuses as to why organizations don’t have a strategic plan. Ranging from objections based on size, perceived need and even the occasional “been there, done...
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