Why a Fundraising Policy is Essential for Nonprofits

Whether you run a #nonprofit or serve on the Board, you have a responsibility to make sure the organization is compliant. Charities should take time to review governance related to gifts, communication tactics, strategic planning, policies, and agreements. Positioning your institution appropriately now will assist with sustaining your future. In this article, PSH’s Nonprofit & Tax Exempt Organizations group covers #compliance steps that nonprofits should take, such as: ✅ Update Conflict of Interest Disclosures ✅ Review Internal Policies for Best Practices ✅ Prepare for Filing 990 ✅ Update and Review Corporate Documents Read more: https://bit.ly/4nmBCHr #PSHLaw #NonProfitLaw

✨ #TermTuesday ✨ A Fundraising Policy is more than a formality—it’s a roadmap that keeps nonprofits operating with integrity. ✅ Upholds ethical standards ✅ Strengthens donor relationships ✅ Boosts efficiency + effectiveness When your nonprofit has a clear policy in place, fundraising becomes more sustainable and impactful. #NonprofitTips #NonprofitLeadership #FundraisingStrategy #GFLF #NonprofitLaw

October is here. Are your year-end campaigns ready? 🍂 Small actions now like reviewing last year’s performance, refreshing donor lists, and planning communications, can lead to bigger wins in December. Check out the latest blog from our fundraising partner, Faircom New York, for a practical checklist every nonprofit should tackle for EOY. ✅ https://lnkd.in/g6pRZ-n7 #NonprofitMarketing #YearEndGiving #FundraisingTips #TealMedia

Many assume nonprofits run solely on donations, but that's far from the full picture. While contributions are vital, these organizations also grapple with significant overhead. Rent, utilities, and salaries are essential for operations and supporting dedicated staff. It's easy to overlook that nonprofits, much like any business, incur costs to sustain their mission and impact. Beyond community aid, they provide livelihoods for numerous employees, contributing to the economic well-being of families. #nonprofit #overhead #donations #community #impact #business

Did you know that event fundraising can cost nonprofits 50 cents to raise just one dollar? This hidden cost, combined with the burnout of staff and volunteers, creates a dangerous cycle. In our new white paper, we explore how this dependence on events can undermine your organization’s long-term success. It’s time to break free from the cycle and explore diversified revenue strategies that foster sustainable growth. Learn more by downloading our white paper today: https://lnkd.in/eS_Q3Mjg #NonProfitMarketing #FundraisingEfficiency #DonorEngagement

Building strong donor relationships goes beyond financial transactions. It's about cultivating trust and creating a community aligned with your nonprofit’s mission. Fostering these relationships leads to sustainable and repeatable giving, crucial for your organization's long-term success. #NonprofitLeadership #AnnualGiving #Fundraising #DonorRelations #AMPO

Words of encouragement for small nonprofits: you don’t need a million-dollar budget to raise more money. I’ve seen the smallest of teams grow giving—not because they had slick galas or fancy CRMs—but because they told stories with heart and kept in touch with donors consistently. It’s not about copying what the big guys are doing. It’s about building a foundation that actually works for your nonprofit. I wrote more about this here ⬇️ 👉 https://lnkd.in/gkaj2773 #fundraisingtips #smallnonprofit #TheObjectiveGood

Want to level up your fundraising strategy for the upcoming giving season? It all starts with the right data. Read about four key metrics to help prepare your organization for a record-breaking year-end: https://bit.ly/4q6cwOS #NonprofitResource #KPIs #YearEndGiving #GivingSeason

Efficient records management goes beyond mere tidiness. It serves as a fundamental element of integrity and resilience for nonprofits. By systematically organizing and preserving both physical and digital records, nonprofits enhance their operations while also building trust with regulators, donors, and the community. #TipsbySandi #NonprofitLife #NonprofitAccounting #OutsourcedAccounting #NonprofitBookkeeping #NonprofitTips

Efficient records management goes beyond mere tidiness. It serves as a fundamental element of integrity and resilience for nonprofits. By systematically organizing and preserving both physical and digital records, nonprofits enhance their operations while also building trust with regulators, donors, and the community. #TipsbySandi #NonprofitLife #NonprofitAccounting #OutsourcedAccounting #NonprofitBookkeeping #NonprofitTips