Found 813 Results
Reply To: Managing Operating Funds
I would explore options for earning a return on any cash you know you will not need for at least 3 months. Vanguard Fund VMFXX,…
Reply To: Managing Operating Funds
My recommendation is always to have as much cash deployed at local institutions as possible. Utilizing sweep accounts, CD’s, and local saving accounts should generate…
Reply To: Fiscal Sponsor Webinar 5-28-24
Thanks for posting the questions, Jeff. And Kate thank you for your helpful reply.
Reply To: 501c3 fiscally sponsoring a 501c7
Also not an attorney, but it’s my understanding that a 501cX organization can only fiscally sponsor projects that fall into the same IRS designation. For…
Reply To: Fiscal Sponsor Webinar 5-28-24
Just to add a bit of clarification to @Kate‘s reply to #1 — if the project has a “board,” that group has no legal or…
Reply To: Managing Operating Funds
You could put funds in a savings account. Some are earning 4% now. Ally bank or Relay. Easy to transfer back and forth.
Reply To: 990 Tax form
Orlando: Maybe you’ve already got this downloaded or bookmarked, but the first thing I point to is the IRS instructions. This is 100 pages that…
990 Tax form
I am seeking guidance on where I can find tutorials and self-taught books on how to prepare 990 tax forms.
Passthrough funds & how to report them on 990
I am in my first year as ED of a small nonprofit. We manage some public grants for a few of our member organizations. On…
Reply To: Managing Operating Funds
Roger, I had a memory of an earlier discussion on this topic and found it here. The gist of the discussion was comfort with money…