Posts by admin
Why You Need Donation Receipts
Why You Need Donation Receipts One of the best ways to protect you and your nonprofit is to handle all donations correctly. An essential part of receiving donations is to create donation receipts! Read Chisholm Law Firm’s blog to learn more. What are donation receipts? A donation receipt is proof that someone donated to your…
Read MoreThe Importance of Financial Statements
The Importance of Financial Statements Every day, your nonprofit accepts donations and spends money toward your mission. Instead of spending hours poring over individual transactions, you should generate financial statements for the nonprofit. Read Chisholm Law Firm’s blog to learn more about financial statements. What are financial statements? Financial statements are scorecards that let you…
Read MoreThe Importance of Fundraising Registration
The Importance of Fundraising Registration Raising money has always been a potential source of liability for nonprofit organizations. If you’re planning to solicit donations, you need to register to fundraise. Read Chisholm Law Firm’s blog to learn more about fundraising registration. What is Fundraising Registration? Generally speaking, if your 501c3 nonprofit wants to ask people…
Read MoreYou Need a Registered Agent
You Need a Registered Agent To form your nonprofit, you will be required to list a registered agent. This person is in charge of accepting legal paperwork on behalf of your nonprofit if you are sued. To learn more, read Chisholm Law Firm’s blog to learn more. What is a Registered Agent? The registered agent…
Read More