Nonprofit board service can be as exhausting as it is rewarding. Whether you are on a board yourself, thinking about joining a board, or seeking to improve the one you sit on, here are three things that high-functioning nonprofit boards get right.
The DOL's overhaul of the Davis-Bacon Act in October 2023 brings substantial changes to federal construction contractors. These revisions include prevailing wage adjustments, increased contractor liabilities, and apprenticeship mandates.
The Governmental Accounting Standards Board has issued an omnibus statement addressing a wide range of practice issues.
The Office of Management and Budget (OMB) has proposed changes to Uniform Guidance that will affect government contractors.
New Legacy IRA rules mean that charitable gift annuities are even more valuable as part of a larger tax strategy, especially for taxpayers who want to fulfill philanthropic goals and/or minimize Medicare premiums.
For the construction industry, the need for contech adoption will continue to increase amid an influx of projects and skilled labor shortage.
Learn more about how outsourcing accounting in various areas of the healthcare industry is providing a variety of benefits — from cost savings to improving the quality of care.
Many private clubs experienced membership growth as a result of the pandemic. To maintain this level of club engagement for current and prospective members, clubs are recognizing the need to upgrade their facilities and create new amenities. Learn more about the pros and cons of various funding options and explore additional considerations for club managers to consider.
Smaller donations and gifts from lower-income donors have consistently dropped. This is why analyzing the giving trends of more affluent donors is critical for nonprofits.
In this article, we’ll discuss recommendations from the Government Finance Officers Association (GFOA) about best practices for measuring portfolio risk and return against market indexes and benchmarks.
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