Audio: ~10 minutes Reading time: 5 minutes TL;DR Who signs: In Model A (Comprehensive), the fiscal sponsor signs. In Model C (Pre-approved Grant Relationship), the sponsor is grantee of record and then regrants under a written subgrant. Money flow: Awards are received as the sponsor’s revenue and tracked as restricted funds for the project’s charitable […]

The year 2024 has been a remarkable one for philanthropy, with significant shifts in giving patterns, donor expectations, and nonprofit performance. For 501(c)(3) organizations, understanding these trends is vital to adapting strategies and ensuring long-term sustainability. Let’s explore the key highlights and data from this transformative year. Record-Breaking Giving Tuesday Results GivingTuesday 2024 set new […]

The U.S. House of Representatives recently passed the Stop Terror-Financing and Tax Penalties on American Hostages Act, which, if enacted, could significantly affect the operations of nonprofit organizations across the country. The bill, now awaiting consideration in the Senate, has drawn widespread attention from nonprofits and civil society groups concerned about its potential implications. Here’s […]