Collections/Payment Processing

When a Major Donor Can't Complete a Pledge
August 26, 2016 at 11:07 am

It’s hard to watch $38 million melt away. But that’s effectively what Marian University in Indianapolis has had to do. The small Roman Catholic university on the city’s west side secured a very public $48 million pledge from a wealthy donor at the beginning of the decade as it sought to expand with a new…

Nonprofit Cybersecurity Key to Serving Community Responsibly, Experts Say
July 25, 2016 at 11:06 am

Regardless of size or resources, nonprofits must keep cybersecurity top of mind. The assumption may be that a relatively small public image and a lack of disposable assets would make nonprofits less appealing to hackers than most corporations. However, every business and organization is a potential target, according to Ann Puckett, information technology manager for…

$7M in Donations to Go Directly to Orlando Kin, Survivors
June 21, 2016 at 10:06 am

The city of Orlando, Fla., announced Friday that the $7 million it collected after the nightclub shooting would be given directly to family members and survivors instead of being distributed through charities and nonprofit groups. The change was necessary, Mayor Buddy Dyer said, because survivors of the nightclub attack and relatives needed help immediately with…

5 Nonprofit Leaders Share How to Keep Overhead Costs to a Minimum
June 15, 2016 at 12:20 pm

Like your donors, you want as much of your nonprofit's funds to go directly to the cause it supports. However, you also know that there are a lot of administrative and operational costs involved in your organization, and those can add up. So how do the most successful nonprofit organizations manage to keep their overhead to a minimum without…

Millions of Salaried Employees Eligible for Overtime Starting in December
May 19, 2016 at 11:00 am

The Department of Labor overtime rules have changed, making millions of American salaried workers now eligible for overtime, Vice President Joe Biden announced Tuesday. Starting Dec. 1, the salary threshold for overtime eligibility will double from $23,660 to $47,476 annually (or $455 to $913 weekly). Bonuses and incentive payments may count toward up to 10 percent of the salary threshold...

Scammer Targeting Nonprofits Has Multiple Aliases
March 17, 2016 at 10:57 am

Rachael Wilkins, director of development for Safe Haven Family Shelter had been going back and forth via email with a potential major donor who wanted to gift $30,000 in memory of his mother. When the gift arrived, the nonprofit told its financial consultant about the big check....

Report Finds NYC Nonprofits Plagued With Chronic Problems
February 26, 2016 at 10:03 am

A year after Federation and Employment Guidance Services (FEGS), a $250 million health and human services behemoth in New York City, went bankrupt, the city's human-services sector is struggling to serve an estimated 2.5 million people, a report from the Human Services Council found. The report, "New York Nonprofits in the Aftermath of FEGS: A…

Scammers Continue Attempts to Defraud Nonprofits
February 25, 2016 at 11:37 am

Scams, particularly one involving the stolen identity of a British architect, continue to target nonprofits across the country with "donations" via fraudulent checks and requests for portions to be returned before nonprofits realize the checks are fake. We previously reported on the scam affecting nonprofits in Richmond, Va., and Seattle. Now, reports are surfacing in North Carolina and Georgia....

No More (Cruddy) PayPal Fundraising
February 22, 2016 at 10:37 am

I am a sucker for community-level fundraising. Kids on Bikes. Science for Kittens. Kale for Veterans. Shelter from the Storm. Supporting small and focused local organizations is one of the most impactful ways to support your community as a citizen. I encourage you to seek out those small organizations in your own community, those working…

Scam Defrauds Seattle Nonprofit of Almost $10,000
February 15, 2016 at 10:39 am

A scam targeting nonprofits in Virginia that we reported last week appears to have spread across the country. Authorities in Seattle called the scam “an old con,” but indicated they believe nonprofits are being targeted in Washington and Oregon....