If you haven’t revisited your not-for-profit’s bylaws recently, they may not be as effective as they could be. Your bylaws should cover your nonprofit’s broad charitable purpose and provide procedures for resolving internal disputes, such as the removal and replacement of a board member. If you decide changes are needed, first check to see if you have the authority to make them. Most bylaws contain an amendment paragraph that outlines procedures for making revisions. And if your nonprofit is incorporated, any proposed bylaw changes must conform to your articles of incorporation. Contact us for more information.
If you’re looking for new funding sources, consider cause marketing. Made possible via a partnership with a for-profit business, cause marketing can boost your...
A Health Savings Account (HSA) offers tax-advantaged funding of health care costs. If you have a qualified high-deductible health plan, you can contribute to...
We all know college is expensive. Fortunately, there are two sizable federal tax credits for higher education costs that you may be able to...