Speculation about when the next recession will hit has become a cottage industry in the media. No one can say for sure when the next financial downturn will come, but veterans of the nonprofit [...]
Insurance is often a big budget item for any organization. Keeping premium costs down is important, but sometimes a policy is necessary to manage risks, whether from physical damage and injuries [...]
Churches that have chosen to incorporate will need to select a board of directors that will oversee church management and finances. A church’s director has certain fiduciary duties with respect [...]
Clergy of many faiths are often asked by members of their congregation to keep confidences and give advice about difficult topics. In the course of their work, ministers of various faiths may [...]
Many religious communities that are still working toward a goal of one day owning their own place of worship opt to rent their space instead. Like any renter, a church can have disputes with its [...]
For a variety of reasons, most directors of nonprofits do their work on a voluntary basis. As a volunteer, a nonprofit’s director can set an example for the community by donating time and energy [...]
The resignation of nonprofit’s executive director can be an opportunity to bring fresh insights and talents to the organization’s leadership team. At the same time, an organization that is [...]
The laws of the United States provide several avenues for organizations to promote political ideas without being subject to income tax. The favorable treatment these organizations receive allows [...]
In the nonprofit world, success often leads to growth, which in turn makes running an organization more complex. Few directors have unlimited time to dedicate to running a nonprofit. [...]
Building and maintaining trusting relationships with donors is essential for every nonprofit. Even when an organization keeps a close eye on its communications with donors, whether they gave in [...]