The Inflation Reduction Act of 2022 (“IRA”) offers various tax credits to incentivize individuals, businesses, and tax-exempt organizations alike to transition to clean energy sources. While tax credits are a great incentive for tax-paying individuals and businesses,...
In the ever-evolving digital landscape, nonprofit organizations (NFPs) are increasingly turning to Artificial Intelligence (AI) to enhance their operations, improve decision-making processes, and streamline their services. While AI offers a plethora of opportunities...
Planned giving is a significant opportunity for nonprofits large and small. Not only does it bring predictable, diversified income, but it also deepens your relationships with donors, encourages larger annual gifts, and opens the door to new forms of non-cash giving....
Networking and relationship building have forever been critical practices for nonprofit organizations, their leaders, and other major organizational stakeholders such as board members, community relations professionals, fundraising professionals, and development...
Postal rates are continuing to rise, with the U.S. Postal Service announcing its most recent increases in January 2024. Considering this is the fourth rate increase in less than two years, many nonprofits are considering cutting direct mail altogether, or have already...
Given the many lawsuits filed against retirement plan sponsors in recent years for breaching their fiduciary duties, here are the steps plan committees should be taking to mitigate risk. Lately the news cycle has been riddled with stories of retirement plan committees...
In an era where technological advancements are rapidly transforming, the protection of participants data in your retirement plan is an increasing concern. The urgency of implementing robust data security measures has been underscored by recent events, such as the...
For plan years beginning on or after January 1, 2023, The United States Department of Labor (DOL), Internal Revenue Service (IRS), and Pension Benefit Guaranty Corporation have announced changes to the form 5500 which impact the methodology for determining the size of...
A third-party administrator (TPA) significantly supports employee benefit plans. They offer various services that aid in managing and administering many processes of the plan and takes the burden of these tasks off of the employer, however they don’t alleviate...
