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4 Things Your Not-For-Profit Board Should Know About COVID-19 Recovery
Posted by Tracey McDonald on Wed, Oct 28, 2020 @ 09:24 AM

Not-for-profit boards play a key role in developing an organization’s potential by bringing expertise in a variety of fields, including accounting and risk management. The pandemic was extremely disruptive to not-for-profits, which underscores the importance of providing guidance and understanding the COVID-19 impact. All of these factors are also vital to conceptualizing future operational and endowment investment strategies. Management and board members should continue to work together to overcome any lingering repercussions from the pandemic and position the organization for the next chapter. The following are four elements of COVID-19 recovery initiatives that your board should understand.

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Topics: not-for-profit, Financial Statement, Endowments, COVID19, COVID-19, CARES Act, Paycheck Protection Program, PPP, SBA, COVID, Stimulus

Safeguarding Your Endowment or Foundation During COVID-19
Posted by Brian Jones on Tue, Apr 28, 2020 @ 03:52 PM

Ensuring the survival of the fund is often the primary goal of any foundation or endowment. Maintaining the principal and spending power of a fund so that benefits available for current recipients are the same for future generations is a challenging task, but when shocks to the global economy and financial markets occur, the challenge may seem impossible. Shocks can come from within the markets, as in the subprime loans of the 2008 financial crisis, or from external factors, such as with the coronavirus pandemic we are experiencing now.

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Topics: not-for-profit, NFP, Endowments, foundations

2019 Outlook for Donations, Grants, and Endowments
Posted by Chrissy Hammond on Wed, Dec 19, 2018 @ 02:00 PM

Low unemployment, strong stock market performances, and increases in corporate profits made 2018 a stellar year for grant-making foundations and charitable trusts. The sector is primarily fueled by private contributions from individuals and corporations, investment returns, and capital asset gains, so when economic conditions are favorable, grant-makers do well, too. And when grant-makers do well, it benefits the not-for-profit organizations that rely on donations, grants, and endowments to support their programming efforts.

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Topics: Donations, Endowments, Grants, IBISWorld

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