The Nonprofit CFO’s Survival Guide

July 10, 2019

Increasing revenue. Consolidating across multiple entities. Budgeting. Implementing internal controls. Facilitating audits and compliance reporting. Sometimes, it’s easy to overlook the fact that CFOs of nonprofit and for-profit organizations alike do, indeed, share many of the same challenges in pursuit of the same overarching goal: optimizing the returns of the organization’s activities by carefully managing all aspects of its finances.

Spotlight

Charity and Security Network

We seek to reform US counterterrorism laws and policies so they protect both our national security and the vital work of charities. Short-term solutions to national security threats passed in 2001 are having negative long-term consequences for the entire U.S. nonprofit sector and the people they serve. Millions of dollars donated for aid programs have been frozen indefinitely. Broad interpretations of "material support" of terrorism conflict with standards set by the Red Cross. All groups, from local charities to international programs, must deal with threat of being shut down without opportunity to appeal. The costs of these measures far outweigh any national security benefits gained.v

OTHER WHITEPAPERS
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Help Employees Overcome Unexpected Financial Hardships and Stress with Employee Assistance Funds

whitePaper | October 2, 2021

No matter the scale or severity of the crisis, employee financial stress hurts companies and their employees. An Employee Assistance Fund (EAF), also known as an Employee Relief Fund, Employee Crisis Fund, and a host of other names, allows your company to help employees overcome unexpected financial hardships and demonstrate your commitment to responsible corporate citizenship. There are different ways to administer an EAF. The best method for you will ultimately depend on factors such as the size of your company, how you will fund the EAF, and the complexity of your program.

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Messaging Strategies in the Nonprofit and For-Profit Worlds

whitePaper | May 24, 2021

In 2011, Jared, Joel, Jon, Jordan, J. Austin, Josh, and Jesse Stanley formed Stanley Brothers, a for-profit proprietary hemp company. A year later, Paige Figi contacted Stanley Brothers looking for a non-intoxicating natural alternative for her five-year-old daughter, Charlotte. Charlotte suffered from Dravet syndrome, a rare, severe form of epilepsy that caused her to have an average of 300 seizures a week—one every thirty minutes. With the help of the Stanley Brothers’ hemp product, Charlotte’s seizures reduced to just one a day, and in 2015, Charlotte was able to attend school for the very first time.

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Strategic Time Horizons a Global Snapshot of Foundation Approaches

whitePaper | January 17, 2020

Rockefeller Philanthropy Advisors (RPA) is a nonprofit organization that currently advises on and manages more than $200 million in annual giving by individuals, families, corporations, and major foundations. Continuing the Rockefeller family’s legacy of thoughtful, effective philanthropy, RPA remains at the forefront of philanthropic growth and innovation, with a diverse team led by experienced grantmakers with significant depth of knowledge across the spectrum of issue areas. Founded in 2002, RPA has grown into one of the world’s largest philanthropic service organizations and, as a whole, has facilitated more than $3 billion in grantmaking to nearly 70 countries. For more information, please visit www.rockpa.org.

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Your Nonprofit’s Digital Strategy Can Make or Break Your Success. Is it Powerful Enough?

whitePaper | November 18, 2021

Your organization is here to help the world, but is your message clear enough to accomplish your goals? Can you clearly define the problem you are trying to solve? What is your organization’s culture? Do you trust your data?

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Corporate Foundations & Grantmaking Toolkit

whitePaper | July 30, 2021

Nearly all companies engage in corporate philanthropy as a means of giving back to the communities in which they operate. This includes financial contributions, product donations, in-kind services, and employee matching and volunteering. Technically, a corporate foundation is classified by the Internal Revenue Service as a type of 501(c)(3) public charity called a “private non-operating foundation.” The Internal Revenue Code does not distinguish corporate foundations from family foundations. Both are subject to the same regulations. From a practical stand point, however, there are differences in funding and governance. A corporate foundation is funded by a company, instead of an individual or family. And the board members of a corporate foundation are typically company executives. However, only a fraction of these companies take advantage of the additional benefits that come from adding a corporate foundation to their philanthropic efforts. This toolkit will help you understand the benefits of a corporate foundation and provide an overview of the operational requirements.

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How Scalable Nonprofit Accounting Software Impacts the Bottom Line and Benefits the Auditing Process

whitePaper | April 7, 2021

As your nonprofit organization grows, so should your accounting software. The financial responsibilities of a nonprofit evolve over time as the organization achieves its goals, expands its mission and adapts to new variables.

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Spotlight

Charity and Security Network

We seek to reform US counterterrorism laws and policies so they protect both our national security and the vital work of charities. Short-term solutions to national security threats passed in 2001 are having negative long-term consequences for the entire U.S. nonprofit sector and the people they serve. Millions of dollars donated for aid programs have been frozen indefinitely. Broad interpretations of "material support" of terrorism conflict with standards set by the Red Cross. All groups, from local charities to international programs, must deal with threat of being shut down without opportunity to appeal. The costs of these measures far outweigh any national security benefits gained.v

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