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Tap Into Relief Efforts Without Drilling Too Deep: Tips for Fundraising After a Natural Disaster
Posted by Dyan Reinhold on Tue, Oct 31, 2017 @ 11:50 AM

Natural disasters and other unexpected, disruptive events can bring out the best in people. Community members want to help in any way they can, and one of the easiest ways to lend a hand is through donations.

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Topics: Dyan Reinhold, non-for-profit, Non-profits, fundraising, Donations, natural disaster, fundraising tips

Substantiate, Substantiate, and Substantiate: A Friendly Reminder for Not-For-Profit Organizations and their Donors
Posted by Amy O’Loughlin on Tue, Aug 22, 2017 @ 06:06 PM

Donations to not-for-profit organizations are normally a win-win for organizations and their donors. Organizations receive gifts to help support their mission, and the donor receives a tax write-off. But not-for-profit organizations and donors must ensure they are in compliance with IRS substantiation requirements. The IRS requires that in order for a donor to take a deduction greater than $250, he or she must have a contemporaneous written acknowledgment (CWA) of the donation from the not-for-profit organization. CWAs must include the name of the organization, the value of the donation (if cash), a description of the donation (if non-cash), whether goods or services were provided in exchange for donation, and, if services were provided, a good faith estimate of the value of those services. If the value of the gift exceeds $5,000, in most cases, a qualified appraisal must be obtained in addition to the CWA.

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Topics: charitable donations, Amy O’Loughlin, Not-for-Profits, nonprofit, In-Kind Donations, Donations

Questions to Ask Before Accepting In-Kind Donations
Posted by Scott Goldberg on Tue, Mar 28, 2017 @ 09:06 AM

Not all donations come in the form of cash. Donors may want to contribute financial assets, real estate, clothing and artwork to help your not-for-profit organization further its mission. If your organization accepts these in-kind donations, it should have clear policies and reporting measures in place.

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Topics: charitable donations, Scott Goldberg, In-Kind Donations, Donations

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