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What's in Your Toolbox to Partner with Social Entrepreneurs?
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There are potential benefits to both nonprofit organizations and new social entrepreneurs to combine forces according to Debbie McKeon, Northsky Executive Director, in her latest article published in the May/June issue of the Michigan Nonprofit Association's Links magazine. In her article, Debbie presents several situations where a fiscal sponsorship agreement may be a good tool to utilize. To read more, see page 7 of MNA Links . |
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Grants Made Easier from The Grand Vision
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Finding funding opportunities just got a little easier with The Grand Vision Collaborative. Visit the Grand Vision website for the latest funding opportunities, contact information, deadlines, requirements and more, all updated monthly and all in one location. The Grand Vision Collaborative regularly posts the regional grant opportunities to help people find resources to realize The Grand Vision principles through implementation of projects. These reports are updated monthly, so be sure to check back each month for the most recent grant opportunities. Click here to check it out. |
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Did Your Organization Lose its Tax-exempt Status because It Failed to File?
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The IRS recently published Notice 2011-43 giving relief to small nonprofits to reinstate their tax exempt status if they lost it due to failure to file the 990 for three consecutive years. The user fee is $100 and an application (1023, 1024, 1028) will need to be resubmitted by December 31, 2012. There are certain criteria and applications must have certain language included. Check the IRS website (www.irs.gov) for 2011-43 for the full details.
Go to the IRS YouTube channel to watch a video about " How to Get Your Tax-Exempt Status Back " today.
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IRS Increases Mileage Rates
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Last week the IRS announced that the revised standard mileage rates have increased due to rising fuel costs. For business use of an automobile, the rate increased to 55.5 cents per mile and for use of an automobile as a medical or moving expense, the rate went up to 23.5 cents. The mileage rate for use of an automobile for charitable purposes (fixed by statute and unchanged since 1997) remains at 14 cents. Read more.
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Idealware Releases Comprehensive Review of Donor Databases
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Idealware has completed the reviews of donor databases and is pleased to announce the release of a fully updated Consumers Guide to Low Cost Donor Management Systems!In partnership with NTEN, they've fully revised and overhauled their popular report and completely updated it with reviews of 29 systems. The report provides an overview of what donor management systems do, recommendations for systems based on particular needs, comparison charts, an index summarizing all 29 systems, and a directory of consultants who can help you navigate your choices.
Download the report today, free with registration. [LINK]
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