Podcast | Executive Benefits for Nonprofits
Jonny Rosch, Partner and CPA from PBMares, explores how executive benefits can be a powerful retention strategy for nonprofit organizations.
Four Smart Alternatives to Starting a Nonprofit
Starting a nonprofit isn’t the only way to make an impact. Four effective alternatives include partnering with an existing organization, using fiscal sponsorship, creating a donor-advised fund (DAF), and establishing a social enterprise. Each option offers unique benefits and provides greater flexibility in achieving philanthropic goals.
Guide to Starting an Endowment for Smaller Nonprofits
Despite popular misconceptions, small and mid-size nonprofits can establish endowments – for as little as $100. Here’s a guide to setting up an endowment for organizations that aren’t sure they can manage it.
Nonprofit Records Retention Policies
Whether your organization is creating or updating its records retention policy, make sure you know how long to keep dozens of different documents, plus learn tips for creating an effective policy.
UBIT Primer for Exempt Organizations
Exempt organizations may be subject to extra taxes on certain income-generating activities. Many don’t fully understand the rules on unrelated business income, and could be unknowingly putting their organization at risk with the IRS.
Ways to Give Back: Alternatives to Establishing a Nonprofit
Individuals considering starting their own nonprofit may be underestimating the cost and complexity to operate a sustainable organization. There are alternatives, like working with an existing nonprofit, creating a donor-advised fund, and other options.
Not-for-Profit Document Retention Policies and Guidelines
Document retention policies are a necessary part of nonprofit management, but not everyone knows how to go about file storage. Now that organizations are back in the office, it’s an excellent time to review their document management strategy.
New Inclusive Employment Practices in Virginia
Governor Youngkin’s announcement in May provides an alternative hiring process for individuals with disabilities, part of a larger discussion about inclusive hiring practices. Which state agencies are affected and how can they comply?
Not-for-Profit Investment Policy Statements: Little Changes, Big Impact
Sometimes, a not-for-profit's investment performance isn’t what it should be. Looking at the Investment Policy Statement and identifying corrections can help to improve fund performance and help to ensure investment returns meet their objectives.
Virginia School Tax Credit Program Offers 65 Percent Tax Credit to Individual and Business Donors
Virginia’s tax credit education scholarship program saw its funding fully restored in the new state budget. The EISTC program allows eligible donors to claim a 65% tax credit against five state taxes.