Not-for-profits have specific accounting and reporting requirements, along with demands for maintaining low operational overhead. IRS regulations, grant-writing, managing volunteer time and donations are just a few of the issues highlighted in the Not-for-Profit Section.
The average annual returns on foundation endowments during 2024 landed in double-digit positive territory from the previous year for the 255 foundations surveyed in the new annual Council on Foundations and Commonfund Study of Investment of Endowments for Private and Community Foundations.
Read ArticleThe United States Postal Service (USPS) saw mail volume drop during July 2025 compared to July 2024, which was offset by jumps in postage charges. For July 2025, total volume was just more than 8.69 billion pieces, down from 9.04 billion a year earlier, a 3.9% drop. But operating revenue rose from $6.53 billion to just under $6.66 billion, a 1.9% increase fueled by rising postal costs.
Read ArticleIn case you missed them, here are some recent interesting nonprofit news items from around the web.
Read ArticleThere was great fanfare 15 years ago when billionaires Warren Buffet and Bill Gates launched The Giving Pledge, in which donors of wealth agreed to give at least half of their wealth to charity. Some 57 U.S. individuals, couples, or families in the United States signed the Pledge in 2010. The signers made up around 14% of the 404 recorded billionaires in the U.S. at the time.
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