Resource Archives: 2020

Posted by: Clark Nuber Jul 7, 2020

We hope this letter finds you healthy and safe during this unprecedented time. As your organization continues to operate, consider some of the regulatory changes affecting not-for-profit organizations. Donor Acknowledgement Letters Please remember to send a contemporaneous written donor acknowledgment letter to all donors who contributed to the organization during the tax year. The IRS […]

Posted by: Cheryl R. Olson · Jun 29, 2020

Making the Shift from Grantmaker to Changemaker The Ford Family Foundation is one of the largest grantors in Oregon, with a mission of cultivating successful citizens and vital rural communities. Over time, its initiatives have expanded to encompass scholarship programs; children, youth, and family services; and community building. In recent years, the nonprofit foundation has […]

Posted by: Jennifer Becker Harris · Jun 5, 2020

We hope this letter finds you healthy and safe during this unprecedented time. As your foundation continues to operate, consider how today’s financial actions can impact the foundation’s year-end financial strategies. Below are ideas for your consideration before the foundation’s year-end: Required Distributions of Income Private non-operating foundations must annually distribute 5% of the value […]

Posted by: Steve Vasconcellos · Mar 27, 2020

Summary It’s common for many organizations to struggle with their cybersecurity operations. Security systems are typically implemented in silos and managers often wonder if they’re covering the full suite of best practices. This article will explain the five steps that any organization can take (including tech startups, not-for-profits, and even large, multi-national corporations) in better […]

Posted by: Vincent J. Stevens · Mar 24, 2020

Regional Healthcare Leader Enhances Financial Risk Management With Comprehensive Policy Review, Governance Assessment, and Training Challenge When a routine annual audit uncovered some gaps in governance policies at a regional life sciences and healthcare nonprofit, the organization sought to go beyond standard financial controls toward greater levels of enterprise risk management. While the organization had […]

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