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...
In today’s digital age, with nearly 4 billion social media users worldwide, nonprofit organizations have a golden opportunity to connect with a vast online audience. Leveraging social media can facilitate fundraising, volunteer recruitment, and storytelling to turn...
As we embark on the journey through 2024, nonprofits are faced with an ever-evolving fundraising landscape, marked by dynamic shifts and emerging trends. In addition to the previously discussed strategies, several other factors will play a crucial role in shaping the...
As corporations increasingly recognize the value of supporting employees in nonprofit board service, the contours of effective board service programs are taking shape. Such programs not only signify a commitment to community engagement but also serve as catalysts for...
In an era dominated by technological advancements, nonprofits are embracing the transformative power of Artificial Intelligence (AI) to enhance their operations and make a more significant impact on their missions. This article explores a multitude of AI tools across...
