Posts by Audrey Chisholm
Responsibilities of Board Members
Nonprofits serve the public. Therefore, a Board of Directors is required to govern a nonprofit. Before you invite someone to serve on the Board of a nonprofit or agree to serve on a board, it’s essential to know the expectations and responsibilities of board members. Here is a summary of the role of the Board…
Read More8 Clauses for a Good Volunteer Agreement
An important part of starting your 501c3 nonprofit is assembling a team of volunteers to help you execute your vision. Volunteers can be a huge benefit because they provide you with a team that can carry out projects and initiatives. However, you need a volunteer agreement to minimize the risk of liability associated with building…
Read MoreThe Amount that can be Written Off on Taxes
As you talk to donors about giving to your nonprofit, you will most likely get many questions. A popular question may be the donor wanting to know precisely how much they can write off on their taxes. Here are a few general guidelines that you may find helpful. Individual Donations An individual may generally deduct…
Read MoreAvoid Liability when Raising Money for Your Nonprofit
The first significant donation I received for my nonprofit was a $3,000 check from a gentleman I did not know. He was moved by our story and the work we were doing for students. Social media makes it easier than ever to get the word out about what you are doing and reach people passionate…
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