A Case Statement is the first document that you will need to develop for your non-profit strategy, but it is always a work in progress as your project develops. It is the single most important document because all other marketing, ministry and fundraising documentation will be developed from your Case Statement. In the world of fundraising, telling a good… Read More
NEW YORK, Sept 13 (Reuters) – Even if you have a brilliant idea for a new charity, your altruistic intentions could get derailed by a morass of complicated 501(c)3 tax rules and regulations.
There is an alternative, however. Consider piggybacking onto an existing organization’s infrastructure and tax status, a process known as fiscal sponsorship.… Read More
“Give a man a fish and he can eat for a day, but teach a man how to fish and he can eat for a lifetime”. As wise as that proverb is, it leaves out one very important point, if a man knows how to fish, but he does not have a boat, a fishing pole, fishing equipment or bait, he is not going to catch any fish!
Many organizations supply fish. People are in need and these organizations… Read More
1. WHY – Why do you want to set up a project? It helps if you start with something that you really care about and are willing to spend time to develop.
2. WHAT – What are you raising money for and what is your funding goal? Be specific about what you are doing, how much money you need and how the money will be used.
3. HOW – … Read More
Today we have massive social issues that need to be solved, yet a tiny nonprofit sector assembled to address these significant social problems. The way that we think about charity and nonprofit organizations is wrong and we are undermining the causes that we love. Charity is the marketplace for love and we have handicapped our organizational effectiveness… Read More
Royalty income, honorariums for speaking or teaching or other earned income are generally classified as ordinary income and are taxed at the highest tax rate. Outside income, like royalties, can fluctuate based on circumstances. Many times, when the income is received and the amount of income received in a year, is generally not under the… Read More
I recently read an article that discussed different types of funding models that could be used by nonprofit organizations and so I decided that I would assemble my top 10. The only real strategy for most nonprofits seems to be, “let’s raise more money this year than we did last year!” For stability, an organization needs to have a predictable… Read More
