Recent Bank Failures Contribute to Nonprofit Financial Uncertainties
The recent instability among certain banks has increased the economic uncertainty that nonprofits have been facing since Covid-19 began to sweep the globe three years ago, reports to a March 20, 2023, Chronicle of Philanthropy article.
|
Protecting Your Organization During Banking Uncertainties
The banking news over the last several days has given many of us flashbacks to the financial crisis of 2008. Let’s use this time to step back and review two action items we can take as a part of our ongoing financial practices that can help protect our ministry going forward.
|
Rockharbor Church Becomes an ECFA Accredited Church
MERIDIAN, ID – The ECFA (Evangelical Council for Financial Accountability) announced today the accreditation of Rockharbor Church of Meridian, ID.
|
North Parkersburg Baptist Church Becomes an ECFA Accredited Church
PARKERSBURG, WV – The ECFA (Evangelical Council for Financial Accountability) announced today the accreditation of North Parkersburg Baptist Church of Parkersburg, WV.
|
First Baptist Church of Sevierville Becomes an ECFA Accredited Church
SEVIERVILLE, TN – The ECFA (Evangelical Council for Financial Accountability) announced today the accreditation of First Baptist Church of Sevierville of Sevierville, TN.
|
New Bill For Non-Itemizer Charitable Deduction
The bipartisan Charitable Act would democratize charitable giving incentives in the tax code.
|
IRS Watchdog Wants Fairness For Charitable Deductions
An internal IRS watchdog is calling for more equitable treatment of charitable deductions.
|
Good News: Millennial Giving Is Increasing
Charitable giving among Millennial donors is up, according to a new report by Giving USA and the fundraising firm Dunham+Company. In 2022, millennial households gave 40% more to charity, on average, than they did in 2016 — growing their average annual contribution from $942 to $1,323. During the same period, average annual giving by both baby boomer and Gen X households fell — by 12% and 4%, respectively.
|
Shirley's House of Hope Becomes an ECFA Accredited Organization
MARSHFIELD, WI – The ECFA (Evangelical Council for Financial Accountability) announced today the accreditation of Shirley's House of Hope of Marshfield, WI.
|
Gate Pregnancy Resource Center Becomes an ECFA Accredited Organization
HARRISBURG, NC – The ECFA (Evangelical Council for Financial Accountability) announced today the accreditation of Gate Pregnancy Resource Center of Harrisburg, NC.
|