Equity Crowdfunding Webinar

We continued our Celebrating 40 Years of Excellence! Webinar Series with a webinar entitled "Mission Critical: A Practical Update of Nonprofit Accounting, Tax, and Governance Hot Topics" presented by Jim Shellenberger, Senior Manager with McKonly & Asbury. Thank you to everyone that attended.

Join Erica Waasdorp, President of A Direct Solution and Donor Perfect Expert as she shows you the importance of converting small donors to give monthly so they keep giving for years and years. Erica Will: Help prepare you to launch your monthly donor campaign in the new year, with examples and results. Provide online and off-line approaches on how best to convert donors generated or reactivated through giving days or year-end appeals.

The Two Fundraising Cultures model is a systems archetype which mirrors similar behavioral patterns that are observable in many other aspects of our personal and professional lives. For our purposes, the “shifting the burden archetype” distinguishes between a fundraising culture that consistently shifts the burden for additional support to initial and often trivial gifts versus a culture that relies on meaningful relationships as the pathway to meaningful and significant levels of support.

A key difference in for-profit and nonprofit standards is the concept of fund accounting, which focuses on accountability and stewardship rather than profitability. For-profit entities have a general ledger, which is a single self-balancing account — while nonprofits typically have a number of general ledgers, or funds. This accounting framework enables these organizations to separate resources into various accounts in order to identify individual sources of funds and their use. And since nonprofit organizations receive many benefits as tax-exempt organizations, they must keep detailed records about contributions, assets, and expenses.