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As states open for business and the need for social distancing recedes, your not-for-profit organization may want to think about scheduling an in-person retreat for your board of directors.

Benchmarking is widely used by for-profit companies but sometimes is overlooked by charities and other nonprofits.  A not-for-profit organization should be committed to benchmarking because it offers many benefits, including long-term sustainability.

Fraud and embezzlement schemes cost not-for-profit organizations more than just money. The hit to a group’s reputation may scare off donors, grantmakers, and other supporters.

If your charity or association depends financially on membership fees, you know that non-renewals are a cause for concern. During this time of economic and occupational insecurity, you may be experiencing membership drop-offs and some anxiety about your organization’s future.

In this pandemic year, many not-for-profits are scrambling to find new revenue sources to replace donor contributions and other lost income.

Factors such as wealth level, education, and even whether people volunteer, probably will tell you more about potential donors than their generation. But some broad generalizations about age can help nonprofit organizations target particular groups for support.

A quid pro quo contribution occurs when a nonprofit receives a payment that includes a contribution and the nonprofit provides the donor with goods or services valued for less than the total payment.

If your top executive were to step down tomorrow, would your not-for-profit know how to make a smooth leadership transition or would your boat suddenly be rudderless? Fortunately, creating a succession plan isn’t as difficult as you might think.

Your board members serve because they believe in your organization and care about your mission. However, most are unpaid volunteers. You owe it to them to make the job as easy as possible — starting with well-organized board meetings that are only as long as necessary.

Even if your nonprofit typically doesn’t have budge shortfalls, you may be looking for new funding sources and may want to consider cause marketing. Made possible via a partnership with a for-profit business, cause marketing can boost your budget, your public profile and even your volunteer base.

In order to preserve their tax-exempt status, nonprofit trade associations, or 501(c)(6) organizations, must sponsor, as well as avoid, certain types of activities as specified by the IRS, or they could be subject to IRS action which could include losing their exempt status.

A nonprofit board retreat is an opportunity for participants to get past the ordinary topics of regular board meetings and delve deeply into specific issues. Most board members lead busy lives and some may not be able to attend all meetings or possibly only attend via teleconference.  A carefully planned meeting can bring everyone together in a relaxed setting, but to be successful, your retreat should be planned to the smallest detail.