Nonprofit news from around the web: July 31 – August 4, 2017

Written on Aug 03, 2017

How grantmakers unwittingly make life harder for nonprofits
It’s not the philanthropist’s intention to make life harder; it simply happens because no one is paying attention. Here are six of the most common examples.

When does your nonprofit owe UBIT on investment income?
In recent years, the IRS has increased its scrutiny of not-for-profits’ unrelated business income. Dividends, interest, rents, annuities and other investment income generally are excluded when calculating UBIT. However, there are two exceptions where such income is taxable.

4 lessons from the trenches to prepare for giving season
The staff at Network for Good was challenged to help local nonprofits fund raise as much as they could on a certain day. Here are four lessons that stood out as they met the challenge head on.

Not-for-profit challenges: Accounting for gifts in kind
Donations of goods and services are immensely valued by not-for-profits. However, before accepting these contributions, organizations should consider accounting standards and related guidance for gifts in kind.

Tech Corner - Building a data-driven culture starts with the team
Being a data-driven organization is an ongoing process -- you need to invest in the right team, infrastructure, software, and processes that can promote lasting change.

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