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Fiduciary Duties: What Your Board Needs To Know

Fiduciary Duties: What Your Board Needs To Know

Not-for-profit board members — whether compensated or not — have a fiduciary duty to the organization. Some states have laws governing the activities of nonprofit boards and other fiduciaries. But not all board members are aware of their responsibilities. To protect...
How To Convince Donors To Remove “Restricted” From Their Gifts

How To Convince Donors To Remove “Restricted” From Their Gifts

Restricted gifts — or donations with conditions attached — can be difficult for not-for-profits to manage. Unlike unrestricted gifts, these donations can’t be poured into your general operating fund and be used where they’re most needed. Instead, restricted gifts...
There’s Still Time to Get Substantiation for 2018 Donations

There’s Still Time to Get Substantiation for 2018 Donations

If you’re like many Americans, letters from your favorite charities have been appearing in your mailbox in recent weeks acknowledging your 2018 year-end donations. But what happens if you haven’t received such a letter — can you still claim an itemized deduction for...
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