A foundation is a private nongovernmental organization created for “charitable, educational, religious, scientific and literary purposes,” according to Section 501(c)(3) of the IRS Code. It’s organized by a single source—like a family or corporation—which then distributes grants to help fund other nonprofits. There are three key differences between a public charity and a private foundation: A  foundation is generally sustained through private investments, securities and other funds, not donations from the public. While nonprofits provide […]

Here’s a hard truth: at some point, if it hasn’t happened already, a potential donor will tell you “no” when you ask for money. It stings, but it’s a normal part of life in the nonprofit sector. And while this may feel like the end of the world at first, with the right attitude, you can turn that rejection into a positive learning experience. First thing’s first, it’s important to identify the different types of […]

It can be tough to convince yourself to subscribe to a newsletter—especially if you already have dozens of them flooding your inbox each week. But there are reasons why we and millions of others subscribe: they provide useful, concise information; we know when to expect them; they can be sleek and pretty. It seems like just about every company on the planet has a newsletter now-a-days, but there are some that are just plain better. […]

In this episode, Gina Trimarco and Randy Hawthorne discuss the importance of running your organization like a business, no matter its tax classification. They talk leadership transitions, the importance of human understanding and, of course, they share about a million laughs. Gina Trimarco, CEO/Founder of Pivot10 Results and Carolina Improv Company, is a serial entrepreneur, speaker and trainer with 25 years of experience in marketing, sales, operations and people training. She specializes in training that helps people […]