By: Diane Hernandez The record-setting stock market performance and increase in housing prices has enabled the United States economy to grow largely in recent years. This underlying trend, and an increase in a much larger diverse and intellectual population, has given rise to the financial health of philanthropists. Charity Navigator is currently one of the larges [...]

Volunteers are an integral part of the nonprofit world. Most nonprofits can’t operate without their volunteers. Not only do they provide their time and skills to help support your cause at no cost, but volunteers are ten times more likely to donate to your organization. The more volunteers and the more donors you get for your organization, the better. This means it [...]

With long-term sustainability in mind, Northern California Grantmakers, San Diego Grantmakers and Southern California Grantmakers recently announced the launch of a new joint initiative – The Real Cost Project – to increase the impact of philanthropy across California. “Real cost” is all the necessary investments for a nonprofit organization to deliver on a mission [...]

During our August nonprofit workshop, our nonprofit team shared the latest in accounting and tax updates, as well as insights from AICPA’s recently revised Audit & Accounting Guide for Not-for-Profit Entities. We posed various questions during our workshop and over the next few blog postings, we will share the answers to those questions. Q. What is the appropriate [...]

Richard Ruvelson, Tax Principal and Lizbeth Nevarez, Tax Manager, are presenting on Form 990-PF: Private Foundation Basics Webcast at CalCPA. This course will provide tax practitioners with an overview of Form 990-PF, which includes discussing the differences between non-operating and operating foundations. It is important that preparers understand the differ [...]

How can organizations ensure they are prepared for potential cybersecurity threats? There are several steps that can be taken. STEP 1: UTILIZE DIFFERENT ROLES IN THE FOUNDATION FOR A TOP-DOWN APPROACH Every department should have a clear understanding of its responsibilities. But ultimately, the risk management strategy must come from the executive team. Their role [...]

Private foundations aim to make a meaningful impact by collaborating with nonprofits on the front lines of change — trust-based philanthropy (TBP) takes this partnership to the next level. WHAT IS TRUST-BASED PHILANTHROPY? The Trust-Based Philanthropy Project shares the following actions that foundations should take to embrace TBP: Give multi-year unrestricted fun [...]

A family private foundation creates a structure for charitable giving and a lasting legacy for the family, but it also comes with administrative burdens. Stephanie Yan, GHJ Managing Director and Private Foundation Practice Leader, talks to Pegine Grayson, Senior Vice President/Client Advisor, Director of Philanthropic Services at Whittier Trust, about the mundane but [...]

Nonprofit boards face numerous challenges around board diversity, recruiting, fundraising, succession and limited resources. GHJ's new Nonprofit Board Series will offer practical insights for nonprofit board members to improve their operations. One way nonprofits can address common challenges while expanding their reach is with a community advisory council (CAC). In [...]