Nonprofit Currents
Mar. 25, 2015

Nonprofit mailers scramble, again, to fight postal rate increases
From The Chronicle of Philanthropy
Charity mailers are continuing their campaign to stave off big postage increases for many nonprofit periodicals following an unprecedented development that makes it impossible for the Postal Service to implement new rates by April 26 as scheduled. The Postal Regulatory Commission, which must assess and approve all changes in postage costs, surprised many lobbyists and others who follow postal issues by rejecting the rates requested by the U.S. Postal Service — for a second time.More

IRS may broaden rule to police political nonprofits
The IRS may broaden a looming controversial rule to police political nonprofits to include political parties and political action committees, the agency's chief said. IRS Commissioner John Koskinen said the agency may expand a yet-to-be-released rule governing 501(c)(4), "social welfare" groups, to include political groups known as 527s, which focus on elections. It could require them both — as well as other types of tax-exempt groups — to operate under the same definition of "political activity." More

March Madness means fundraising in Indianapolis and Louisville
From The Chronicle of Philanthropy
Louisville has caught March Madness fever. Sure, people in Kentucky's biggest city are thrilled that their state's flagship college, the nearby University of Kentucky, is a top seed in the NCAA men's basketball tournament. But there’s another competition in town that’s riled up fundraisers at the city's nonprofits: The Brackets for Good battle to see which organization can rake in the most money through donations and win the $10,000 grand prize. Founded in Indianapolis in 2012, Brackets for Good is a nonprofit that hosts an online-giving tournament designed to tap into the energy generated by the annual college-basketball playoff's high-stakes, single-elimination format. More

Developing a tactical fundraising calendar for your organization
From The Fundraising Authority
The tactical strategy for your fundraising should not be random, and it shouldn't be based on a "we'll figure this out as we go along" mentality. Your best bet to ensure maximum revenue is to lay out a tactical fundraising calendar as part of your overall fundraising plan. More

Bitcoin for nonprofit organizations — regulations and reservations
From NewsBTC
Bitcoin is gradually gaining acceptance across the world as a digital currency. A lot of businesses across various sectors have started including bitcoin as one of the modes of transaction alongside fiat currency. Most businesses, except for those in the nonprofit sector, can easily setup a bitcoin based payment service and start using it in no time, without any hassle in terms of regulations and other legal implications. More

State and local governments look to nonprofits to help plug budget gaps
From Nonprofit Quarterly
Revenue-raising proposals in Philadelphia and Vermont illustrate the need for nonprofits to engage in the legislative budget process earlier rather than later. In both instances, political leaders are looking toward the nonprofit sector for a way to balance their budgets. More

Financial policies support good governance
By Robert C. Harris
Too many associations get in trouble because the board of directors does not recognize good policy and procedure. Financial integrity is built upon solid financial policies. Policies are a subset of the organization's governing documents, and they guide volunteer leaders — in this case especially, the elected treasurer and a finance or budget committee. While every organization will have unique policies based on their situation and concerns, there a few common policies and rationale for their adoption. More

Now you'll know if a charity is legit just from its domain name
From The Huffington Post
Nonprofits that have undergone an extensive approval process are now able to register their own .NGO domains (which stands for non-governmental organization) and .ONG domains, the acronym that's used in countries that speak romance languages. The organizations can purchase the domains for about $50 a year through an accredited registrar after passing the Public Interest Registry's eligibility test. More

How 1 nonprofit is using data science to transform lives and communities
From Forbes
Can data science save lives? Bayes Impact thinks so. The San Francisco-based nonprofit is using data for good to help governments and nonprofits tackle social problems. A trio of entrepreneurs – Andrew Jiang, Eric Liu, and Paul Duan – left the private sector to found Bayes. Rather than helping technology companies convince more people to click on ads, the entrepreneurs decided to use their skills to create social change. More

'Shark Tank'-style contest may give nonprofits capital
From The Boston Globe
The great gusher of wealth created by the technology industry in the past two decades rained down on Todd Dagres in abundance, allowing him to live what he himself calls a sometimes "narcissistic" life. As his bank account grew, Dagres gave away money in the ways many wealthy people do: He wrote big checks to hospitals and his alma maters, helped pay for an arts center at his high school, considered establishing a foundation. Now, dissatisfied with that kind of traditional philanthropy, he is considering a different approach to charitable giving, and it is signature Dagres — a bit brash, a dose of flash, but serious in purpose. More