Cheryl Stephenson

Identify trends within the world of financial planning that can impact your donors’ decisions around giving in this week's complimentary webinar. There's still time to register! https://lnkd.in/grnjdU4q Juan Ros #plannedgiving #webinar #nonprofitwebinar #fundraising #nonprofitfundraising #philanthropy #charitablegiving #financialadvisor #financialplanning

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MFAN applauds yesterday morning’s release of Publish What You Fund’s 2024 Aid Transparency Index, which uses 35 indicators to monitor and score donors’ progress on aid transparency. This year, the Index recorded the highest ever scores -- including improvements on metrics such as the quality, quantity, and timeliness of aid data. The Index’s data is critical to not only development agencies, but also for journalists, civil society organizations, and other stakeholders. As stated by PWYF CEO Gary Forster during the Index launch event at the The Brookings Institution, “Aid data allows stakeholders to assess global promises and challenge donor claims. It allows informed decision making, better planning and hopefully better results.” Among the Index’s key findings was the Millennium Challenge Corporation’s third-place finish overall and its ranking as the world’s most transparent bilateral development donor (for the third edition in a row). In response to the Index results, MCC Vice President for Policy and Evaluation, Alicia Phillips Mandaville, stated "By sharing evaluations, underlying data, and program information, we not only show the impact of MCC's programs, but learn publicly for future investments.” While other U.S. agencies (see below) such as USAID were scored as “good” in the Index, there is significant room for improvement. Scoring 25th out of 50 organizations, USAID must build on its progress by publishing more results and impact information. Additionally, the U.S. Department of State and U.S. Department of Health and Human Services (HHS) are currently far behind compared to other U.S. agencies. HHS is currently ranked as “Poor”, and State fell to the lower half of “Fair” due to its failed quality checks for project descriptions and lackluster publication of standardized organizational references for its implementing partners. Both agencies, as well as USAID, need to make transparency a higher priority, as evidenced in the Index. #development #aideffectiveness

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📄 Drafting an effective Request for Proposal (RFP) is crucial for selecting the right investment advisor for your organization. Our time-tested RFP template ensures you ask the right questions and can objectively compare potential advisors, making informed decisions with confidence. 🚀 Learn more about the RFP process and download an RFP template here: https://lnkd.in/gX28Dp5M #Nonprofit #InvestmentManagement #RFP #FinancialPlanning #NonprofitAdvisors #InvestmentAdvisor #eCIO #FinancialStrategy #NonprofitFinance

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In philanthropy, transparency and accountability are critical. Principal and Assurance Director of HBK Nonprofit Solutions Sean Kocan, CPA discusses #CharityNavigator and how the service provides ratings to help donors choose wisely and nonprofits build credibility. Understanding these ratings is a key to gaining trust among philanthropists. #Nonprofit #FinancialHealth #Accountability #Transparency #CharitableGiving #HBK75

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📢 Stay Ahead of Federal Grant Changes: Don’t Miss This UGG Update Webinar! The new Uniform Grant Guidance (UGG) updates that took effect on October 1, 2024, brought significant changes to federal grant management. To ensure you’re fully prepared, we highly recommend attending this upcoming webinar on October 24, 2024, from 1-2 PM ET. Join experts Rachel Werner, MPA, GPC, PMP and Joseline Kirkendoll for a deep dive into the latest UGG updates. You’ll walk away with practical insights to help your organization stay compliant and streamline grant management processes. 🎓 Why You Should Attend: - Get a clear breakdown of the key updates to 2 CFR 200 - Learn about new thresholds for capitalization and single audits - Take home actionable tips to reduce administrative burdens - Receive a 20+ page companion document with in-depth info - Participate in a live Q&A session to address your questions 📅 Webinar Details: Title: Uniform Grant Guidance Update Deep Dive: What You Need to Know and How You Should Prepare Date: October 24, 2024, 1-2 PM ET Price: $40 (includes a companion document) Can't make it live? All registrants will receive a replay. This is a great opportunity to ensure your organization stays ahead of these critical updates. 🔗 Register today and be ready for what’s next! https://buff.ly/4051E9e #GrantManagement #UGGUpdates #FederalGrants #Compliance #NonprofitFinance #Webinar #GrantWriting #GrantCompliance

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This guide covers three essential steps for nonprofit organizations to navigate the complexities of managing large grants with confidence and integrity. https://hubs.la/Q02GN8YY0

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📋 Nonprofit organizations use four main financial statements to track their finances. One crucial statement is the statement of financial activity, also known as the income statement in the for-profit world. This statement provides line-by-line details of where all your organization’s hard-earned funds come from and where they go. The three sections of this statement include your organization’s: 🔸 Revenue 🔸 Expenses 🔸 Net assets Creating this statement from scratch can be intimidating, but we’re here to help! Jitasa offers a free template to help you get started with your statement of financial activity. 📈 Check it out: https://bit.ly/3Ku06wv #Nonprofit #FinancialManagement #FinancialStatements #NonprofitFinance #Jitasa #FreeTemplate #NonprofitSuccess

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Today and tomorrow we're at the Nonprofit, Legal, Finance and Grants Conference. Come say, "Hi!" and get in on Jim's finance presentation tomorrow morning on "Mastering the Financial Close for Nonprofits" We look forward to seeing you there! #NonProfits #FinancialManagement

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🔍 Is your organization reaching its full fundraising potential? Our fundraising program assessment provides a comprehensive audit of internal processes and donor capacity, ensuring efficiency and maximizing revenue. Learn more: #WinklerGroup20

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Accelerating new gift officer success uses just some of the 33 ways Abacus can elevate your major donor program. https://conta.cc/4fTMzwR

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Unlock the secrets to effective nonprofit financial management! 🎯💰 In this reel, we’re breaking down direct and indirect cost allocations, plus overhead funding, to help your organization thrive. Say goodbye to financial confusion and hello to transparency and sustainability! 💡✨ https://lnkd.in/eCiXfQmb #NonprofitFinance #CostAllocation #OverheadFunding #DirectCosts #IndirectCosts #NonprofitSuccess

Where do food bank donors stand when it comes to the economy, motivations to give and programs they prefer to support? We went straight to the source to find out. Read our latest blog where Eddy Camas, CFRE shares findings and key takeaways from RKD's recent food bank donor mindset research. https://bit.ly/3xRzCC8

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#Nonprofit leaders: If you are a new executive director looking for guidance on nonprofit board reporting or you need a more streamlined approach, check out our 10 essential characteristics that should be part of your #nonprofitboard report. #NPO

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Join IPA and experts from FORVIS at this webinar tailored for CEOs and CFOs of foundations as we explore the critical realm of 990 review. Hosted by leading minds in nonprofit governance and compliance, this session offers essential strategies to ensure your foundation's financial health. https://ow.ly/R0Cf50S0TfV

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Check out our latest article where we discuss the critical role of data in nonprofit management, providing insights into how leveraging data can enhance decision-making, improve program outcomes, and boost donor engagement. #nonprofit https://lnkd.in/ebSCgmc6

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Did you know that donor attitudes can reveal more useful information for fundraisers than demographics alone? Jane Pfeiffer, President & Founder of Fieldtrip, will discuss how segmenting your message by donor attitudes can deepen your engagement. This course - which is available at no cost to CNPE members - will help you better understand how messaging can be tailored to speak to your audience's sense of empathy. (Learn more and register here: https://bit.ly/3Kxcko3.)

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According to AmeriCorps, effective volunteer management and engagement strategies are essential for nonprofits. https://ow.ly/xVYa50QHjgO Help invest in your volunteers AND create stronger nonprofits through the Jersey Cares' Volunteer Engagement Consulting Program. To learn more, visit https://ow.ly/J3ga50QHjgP #VolunteerEngagement #CommunityImpact #VolunteerManagement #NonprofitCapacity

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What are affluence indicators and what do they tell you? 🤔 Affluence indicators are data points or characteristics that provide insight into an individual's or household's level of wealth or financial resources. These indicators can help you identify and segment donors or prospects based on their capacity to give and tailor fundraising strategies accordingly. Here are some common affluence indicators and what they tell you: 💸 Income: Income is one of the most straightforward affluence indicators. Higher income levels generally correlate with greater capacity to give larger donations. 💰 Net Worth: Net worth provides a comprehensive measure of wealth, including savings, investments, real estate, and other assets. Donors with higher net worths typically have greater capacity for substantial charitable contributions. 🏡 Home Value: Homeowners with properties in affluent neighborhoods or high-value real estate markets may have greater financial resources available for charitable giving. 📈 Investments and Financial Assets: Ownership of investments such as stocks, bonds, mutual funds, or retirement accounts can signal affluence. Individuals with significant investment portfolios or diversified financial assets may have greater discretionary income to allocate towards philanthropy. 💼 Occupation and Industry: Professionals in fields such as finance, law, medicine, or technology often have higher earning potential and may be more likely to make substantial charitable contributions. 📚 Education Level: Donors with advanced degrees or professional certifications may have greater capacity for philanthropic giving. 🤝 Philanthropic History: Past charitable giving behavior is a strong indicator of affluence and philanthropic inclination. 🛍️ Lifestyle and Spending Habits: Observing discretionary spending habits can provide insights into a donor's capacity for charitable giving. Indicators of affluent lifestyles include luxury purchases, travel, or memberships to exclusive clubs or organizations. 🛜 Social and Professional Networks: Understanding a donor's social connections and affiliations to social or professional networks can provide access to potential prospects with similar affluence levels. 🪙 Generational Wealth: Individuals who inherit significant assets or come from affluent families may have substantial financial resources available for charitable giving. #Ruotolo #fundraising #affluenceindicators #donorprofiles

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