Articles to Read
Newstead, Barry, “Nonprofits in Rural America: Overcoming the Resource Gap,” July 15, 2009 http://www.bridgespan.org./rural-funding.aspx (August 20, 2009).
The following GuideStar article states that “Of the 72,000 foundations in the United States, fewer than 50 have endowments of more than $1 billion. The vast majority, more than 90 percent, have endowments of less than $10 million. Most of these organizations are family foundations.” Read more about applying for these family foundations:
http://www2.guidestar.org/rxa/news/articles/2009/applying-for-funding-from-family-foundations.aspx?source=aug09nwsltr (and think about subscribing to GuideStar’s free online articles and services).
Forums/Training
October 6, 7 or 8th, 2009 IRS workshops (see also The IRS below) designed for administrators and volunteers responsible for a small to mid-sized 501(c)3 organization’s tax compliance. Each one-day session will cover the benefits and responsibilities of tax-exempt status; actions that can jeopardize an organization’s exempt status; unrelated business income; employment issues; Form 990, including Form 990-N; and required disclosures, including those imposed by the Pension Protection Act of 2006. Pre-registration is required. http://www.irsworkshops.eventsdesigner.com/ $45
Fund Raising Events
Silent Auctions: http://www.fundraisingip.com/fundraising/silent-auction-fundraiser/ Can you add any suggestions/insight to silent auctions? Email me!
FundraisingIP.com has loads of fundraising ideas! Share the site with your Friends and get motivated with all the possibilities!
The Chronicle of Philanthropy has a transcript of an August 4th discussion on finding a sponsor for your Group’s next event: http://philanthropy.com/live/2009/08/event_sponsor/
The IRS
GuideStar article http://www2.guidestar.org/rxa/news/articles/2009/irs-miscellanea-august-2009.aspx discusses Form 990-N Regulations (also known as the ePostcard),
which exempt organizations must file. “The final regulations make no substantive change from the temporary regulations issued November 15, 2007. They went into effect July 23, 2009.” The GuideStar editor notes that “organizations that are required to file an ePostcard and fail to do so for three consecutive years will automatically lose their tax-exempt status. Revocations will begin in May 2010.
More: http://www.irs.gov/pub/irs-tege/governance_practices.pdf from IRS Governance and Related Topics – 501(c)(3) Organizations
Libraries in Action
Check out Exeter Community Library’s ad for a live and silent auction on the Auction Zip website: http://www.auctionzip.com/Listings/680539.html
Miscellaneous
What’s your take on removing a donor’s name? Dilemmas faced by those getting a few million less…
http://philanthropy.com/news/?id=9225&pth&utm_source=pt&utm_medium=newsletter&utm_content=lefttop
Partnerships / Collaboration
Check out the magazine, The Collaborative Librarian, http://collaborativelibrarianship.org/index.php/jocl
Miscellaneous
WOW!! The Strategic Planning Funding Resource Committee has a website: http://www.accesspa.state.pa.us/funding_resources/
Committee Members include: Kathy Arnold-Yerger – Municipal Support, Bernice Crouse – Annual Fundraising, Victoria Dick – Commercial, Mary Garm – Endowments and Foundations, Martina Kominiarek – Capital Campaigns, Diana Megdad – Grants, Pam Murphy – Fundraising Events
Please send your Funding Resource finds/suggestions to us and we will share your expertise with the world! Libraries are THE collaborators and THE original networkers.
TechSoup has an article on choosing a low cost donor management system: http://www.techsoup.org/learningcenter/databases/page11928.cfm
Bridgespan has great links to information about managing in tough economic times: http://www.bridgespan.org./LearningCenter/Default.aspx?id=2786 (August 20, 2009)
