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Congratulations to our staff who are celebrating work anniversaries in quarter one! Your unwavering dedication and commitment are invaluable.
Nonprofit organizations that have an endowment must adhere to certain regulations, including when it comes to spending from investment income. For this reason, many nonprofits opt to have a financial professional manage their endowment investments.
Every year, the IRS releases its "Dirty Dozen" list of common scams and schemes that taxpayers should be aware of. As we enter the peak of tax season, make sure you stay alert and aware.
Sometimes donors put restrictions on their donated funds, and in other instances, nonprofit boards place limits on certain assets. Board-designated net assets can prove critical to the survival of programs, projects, or an organization itself.
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