Financial Services

Why Impact Investing Is Better for Social Good
March 8, 2023 at 12:35 pm

Many in the nonprofit industry think things will always remain the same or evolve slowly. However, that couldn't be further from the truth. There’s a growing opportunity for innovation in social good — and one approach is impact investing, also known as mission- or values-based investing.

FORVIS National Nonprofit Study Reveals Widespread Fall in Net Income
March 3, 2023 at 10:25 am

FORVIS published its annual, national nonprofit study detailing that nearly one-half of nonprofits saw a decrease in net income in 2022 due to increases in personal compensation and operational costs, decreases in state appropriations and an end to the American Rescue Plan funding.

Donors: Beware of Nonprofits
January 12, 2023 at 11:20 am

As a nonprofit fundraiser and attorney, I do my due diligence if I support a new nonprofit. Unfortunately, it's an open secret that financial firewalls within some nonprofits can be thin or non-existent. But nonprofits are businesses, and we should treat them as such.

The Dos and Don’ts of Better Expense Management for Nonprofits
January 4, 2023 at 10:04 am

As nonprofits know, managing expenses effectively is critical to staying afloat and maximizing impact within their respective communities. The COVID-19 pandemic and subsequent changes to how we work and engage with one another have permanently transformed how nonprofit organizations operate.