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Hello and welcome to this month's issue of Nonprofit Agendas e-newsletter.
We encourage you to contact Hood & Strong LLP for help or advice in any of these areas to keep your non-profit strong and successful.
Your comments on the
e-newsletter format are welcome and encouraged, please direct them to notforprofitgroup@
hoodstrong.com
Sincerely,
Hood & Strong LLP
Not-for-Profit Niche
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Capital campaigns — Preparing for battle
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It’s no surprise that a massive effort to raise money for a new building, costly equipment or an endowment is called a “campaign.” Like a succession of military attacks designed to produce a particular result, a capital campaign is a series of efforts aimed at a specific end. And, like a wartime campaign, a capital campaign calls for strategic preparation and skillful execution. This article discusses the steps involved throughout an effort that may take several years. A sidebar looks at metrics that can be used to gauge a capital campaign’s progress.
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A window to your world — Your annual report is a mighty communications tool
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The annual report is an organization’s No. 1 communications tool. What other vehicle has the potential to favorably impress new and prospective donors, volunteers, community partners, sponsors, board members, lending institutions, clients — and the media? But putting together an effective report is no slam dunk. It starts with the basic elements, such as an independent auditor’s report or a statement of cash flows. This article offers suggestions for adding creativity to the descriptive section of the report.
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Pick the right topic for your board retreat
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For those nonprofits trying to come up with a topic for this year’s retreat, this article gives five suggestions for a subject likely to prompt meaningful discussion. They include reaching a younger donor base, program evaluation and employee morale.
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News for Nonprofits |
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In this issue, “News for Nonprofits” discusses a new, shorter application form for nonprofits seeking 501(c)(3) status. It looks at how giving circles are drawing donations from minorities and offers four ideas for invigorating a blog. It also notes a study that provides 12 suggestions to enable governmental bodies to better correct problems reported in contracting agreements with nonprofits.
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This publication is distributed with the understanding that the author, publisher and distributor are not rendering legal, accounting or other professional advice or opinions on specific facts or matters, and accordingly assume no liability whatsoever in connection with its use. ©2014 • NPAon14
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