Should We Ask a Donor Why Another Nonprofit Got More?

Do nonprofits (in Nevada) need to pay sales tax on fundraising items? Andy knows! What if we know a corporate funder gave a much larger amount to another nonprofit? Should we ask about that? Stacey has an opinion! And finally, what trends do we think we’ll see for the nonprofit sector in 2021?

Topics:
  • Do we need to pay sales tax on fundraising items (in Nevada)? – 0:00
  • Should we ask a corporate funder to give more? We know they gave much more to another organization! – 6:16
  • Nonprofit trends for 2021? – 13:34
Episode Sponsor:

Today’s episode is sponsored by the HR Collaborative. The HR Collaborative was formed to help build nonprofit strengths through improved human resources. It provides professional development opportunities, networking and sharing of best practices on HR issues faced by nonprofit organizations. The Collaborative meets bi-monthly. Membership is free and open to anyone who works for a nonprofit and has HR responsibilities. For more information or to attend an upcoming meeting, visit their website at www.hrcollaborativelv.org.

But is it Sustainable?

Hooray! Another Nonprofit 101 question! Is your IRS determination letter enough to not have to pay sales tax? Andy actually knows that one. This week we also find out what to do when a Board Chair won’t stand up to the scary Gala committee, and learn the difference between a sponsorship and a donation. We also discover both Stacey and Andy’s least favorite grant application question!

Topics:
  • Is having a 501(c)3 enough to not have to pay sales tax – [skipto time="0:00"]
  • Our Board Chair won’t stand up to the Gala Committee. Help! – [skipto time="6:23"]
  • What’s the best way to answer “prove this program is sustainable” on a grant application?- [skipto time="14:07"]
  • What’s the difference between a Sponsorship and a Donation?- [skipto time="20:16"]

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Episode Sponsor:

Today’s episode is sponsored by Brenda J. Stout, CPA, a full-service accounting firm specializing in Nonprofit Tax Compliance and IRS Problem Resolution.