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If an institution determines that a restriction contained in a gift instrument on the management, investment, or purpose of an institutional fund is unlawful, impracticable, impossible to achieve, or wasteful, the institution may release or modify the restriction, in whole or part, if certain criteria are met.
This piece is good to share with board members as a base of commonly understood information that will help them manage loans better against the blips, delays and growth tracks in nonprofit finance.
Knowing your nonprofit's actual costs is common sense. Fortunately, an increasing number of enlightened donors, grantmakers, and government partners are recognizing the reality that essential costs include not only direct program costs, but other costs too.
Use this checklist to ensure your organization is complying with laws that govern 501(c)(3) nonprofits in North Carolina.
(September 5, 2017 webinar) Current trends and relevant questions affecting rural funding are addressed in this webinar.
(May 17, 2017 webinar) This webinar explores three models for community foundation and nonprofit partnerships that build sustainable support through endowment funds and avoid the tyranny of the fundraising hamster wheel.