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A Guide for Private Foundations: Tax Exemption and 990-PF Filing Requirements

Blue Avocado

The sheer volume of forms and documents can easily overwhelm even the most organized nonprofit. To apply for tax-exempt status under this section, a private foundation must file Form 1023 — Application for Exemption Under Section 501(c)(3) of the Internal Revenue Code. Taxes aren’t a walk in the park. But fear not!

Files 76
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Expanding Access to Black History

Forum One

This Black History Month, we reflect on the strategy work that our team does through our partnership with the Smithsonian National Museum of African American History and Culture —much of which centers around expanding access. Since then, thousands of volunteers have transcribed hundreds of thousands of image files of the more than 1.7

History 80
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How to Develop Scalable AP Policies for Your Nonprofit

sgEngage

Here are some of the key elements that should be included in your AP policy document: Receiving and Approving Invoices Outline how invoices can be received and who should approve them, including backup approvers when staff are out of the office. Clear documentation standards help maintain accuracy and facilitate audits.

Policy 79
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4 Nonprofit Financial Statements and How to Create Them

sgEngage

Let’s take a closer look at each of these documents and how your nonprofit can compile them. This document subtracts total expenses from total revenue to let you know if your organization is bringing in more money than it is spending. Four Main Financial Statements for Nonprofits 1.

Create 102
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6 Ways to Strengthen Your Nonprofit’s WordPress Security

Nonprofit Tech for Good

Imagine if you were a large organization that got its website hacked with hundreds of pages and thousands of documents. Advantages of using premium web hosting: Disk write protection: authorized users are only allowed to make changes to the web server which keeps your WordPress files safe and secure.

WordPress 253
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Evaluating and Streamlining Your Annual Budgeting Process

sgEngage

Consequently, budgeting and budget documentation tend to take a back seat to the daily requirements of the organization’s mission. That complicated Excel file from accounting with Do-Not-Touch formulas elicits an eye roll and a filed under later status. Prepare for responding to ongoing confusion and frustration.

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The Power of APIs in Grantmaking: What You Need to Know

sgEngage

This makes it easier for low-code and no-code developers to understand and use the API without needing extensive documentation. By using these systems that provide modern APIs, you can access and exchange data across different applications, without having to worry about compatibility, formats, or versions.

API 84