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Nonprofit

Maintain your competitive edge and stay up-to-date on current industry topics with Templeton & Company’s thought provoking blog articles.

Giving season’s here! It’s time to engage donors

The end of 2024 is rapidly approaching, and you know what that means: You need to fundraise in earnest. According to Double the Donation, 30%

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You know your nonprofit is ethical. Put it in writing!

Even if you’re confident your organization operates with integrity, adopting a code of ethics can provide several benefits: It can help prevent fraud, guide staffers

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Sharing space can mean sharing costs and more

If your not-for-profit is looking for significant ways to cut costs, one of the best ideas is to target your workspace. Sharing an office or

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Board independence is about more than avoiding conflicts of interest

Are your not-for-profit’s board members independent? Your immediate response is probably, “of course!” But contrary to what many nonprofit leaders and staffers might think, director

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Work-issued credit cards: How to prevent staffer abuse

Let’s say that one of your not-for-profit’s employees makes significant personal purchases on a credit card you’ve provided for work-related expenses. You may think the

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Get the word out about IRA qualified charitable distributions

The SECURE 2.0 Act made some enhancements to IRA qualified charitable distributions (QCDs) that may benefit your not-for-profit organization — so long as donors know about

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Are your nonprofit board meetings as focused as they could be?

According to nonprofit BoardSource, not-for-profit boards that meet monthly should be able to cover all business in one to two hours. If your meetings last

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When your nonprofit’s debt-financed income is subject to tax

If your nonprofit has investment income, dividends, interest, rents and annuities, they’re generally excluded when calculating unrelated business income tax (UBIT). However, income from debt-financed

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Fundamental differences between nonprofit and for-profit accounting

You may know the difference between nonprofit and for-profit accounting systems, but do your newest employees and board members? Not-for-profits and businesses share certain similarities.

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