News (1513)
New York Nonprofits Now Have More Insurance Options Thanks to New Bill
On Friday, Sept. 15, New York Gov. Kathy Hochul signed legislation that will enable nonprofit risk retention groups (RRGs) domiciled outside of the state to write auto insurance policies to nonprofits across the state. This signing was announced at 12 noon ET, by Assemblymember Anna Kelles and state Sen. Lea Webb, who worked closely to guide the bill (A.5718a / S.5959a) through the New York legislature. This signing represents a major victory for the entire nonprofit sector, as nonprofits are often unable to secure insurance from commercial insurance companies due to their unwillingness to provide the specialized coverages nonprofits need.
Read more...Discover How Nonprofits Can Benefit from AI
In an article from Forbes, Laura MacDonald explores the potential of artificial intelligence (AI) for nonprofit organizations. According to MacDonald, AI can be used to enhance operations, increase impact, and improve efficiency. However, ethical and responsible use of AI is essential to maintain the trust of donors, volunteers, and beneficiaries. Unite.ai reports that 89% of nonprofits agree that AI will improve efficiency, but only 28% say they use it.
Read more...Unlock the Benefits of Blockchain for Nonprofits
The nonprofit sector is under pressure to build trust through greater transparency around funding and accountability around programs and impact. Blockchain technology offers a unique opportunity to facilitate a new generation of efficient philanthropy by giving donors greater visibility into the organizations they support. A 2021 study from Indiana University’s Lilly Family School of Philanthropy found that trust and giving rates have declined in tandem for Americans of all ages, with fewer than 50% of American households donating to charity. The key factors identified in this downturn were a lack of both financial transparency and proof of impact.
Read more...Revolutionizing Nonprofit Organizations: ChatGPT and Its Impact On Mission Delivery
In today's digital world, nonprofits must embrace technology to remain competitive and fulfill their mission. Artificial intelligence (AI) is a powerful tool that can help nonprofits operate more efficiently and effectively. ChatGPT is a tool that stands out for its potential to revolutionize the nonprofit sector. It is not meant to replace humans, but to serve as a powerful tool in the hands of dedicated and compassionate human beings. ChatGPT can help nonprofits automate mundane tasks, streamline their operations, and improve customer service. According to Nicole Lamoureux, President & CEO of the National Association of Free and Charitable Clinics (NAFC), ChatGPT can help nonprofits elevate their marketing strategies for 2024.
Read more...Apply Now for OneCause Cares Corporate Grants Program and Receive Up to $10,000!
OneCause, a leading provider of digital fundraising technology, has officially opened the 2024 OneCause Cares Corporate Grants Program for applications from nonprofit organizations. The program aims to support nonprofit organizations with technology-based grants, helping them expand their reach and enhance their missions through the utilization of innovative fundraising technology. Two grantees will receive complimentary 24-month subscriptions to the OneCause platform, along with a $10,000 grant to be used for technology-related expenses. Since the program began a few short years ago, five grantee organizations have raised nearly a million dollars using OneCause software.
Read more...Tech To The Rescue: Nonprofits Get Easier Grant Management with New Solutions
In a recent discussion, the CFO of a mid-sized nonprofit revealed a common misconception: that transitioning from corporate to nonprofit roles would be easier. In reality, CFOs in nonprofits are often faced with the challenge of managing restricted grants, which come with strict requirements. These grants are donations given with specific conditions, such as earmarking funds for a particular purpose or limiting how the money can be spent. To make matters more difficult, nonprofits typically have six months or less of cash reserves. To help with this issue, new solutions are emerging that can simplify grant management for nonprofits.
Read more...Nonprofits Can Unlock Six Value-Driven Opportunities Through Digital Transformation: Report
A new report from Info-Tech Research Group has revealed that nonprofits can unlock six value-driven opportunities through digital transformation. The report found that digital transformation can help nonprofits to increase their efficiency, reduce costs, improve customer experience, and gain insights into their operations. Additionally, the report highlighted the importance of investing in technology and developing a digital strategy to ensure long-term success.
Read more...Shift4 and Give Lively Join Forces to Create a Revolutionary Fundraising Solution for Nonprofits
Shift4, a leader in integrated payments and commerce technology, and Give Lively, a pioneering fundraising platform, have announced a partnership to provide a powerful fundraising solution to nonprofits across the United States. The partnership will benefit nonprofits by providing them with a free service to help them raise funds. The Global Citizen Festival was the setting for the announcement of the partnership, which will help to reduce the burden of expensive fundraising platforms.
Read more...Tech Impact and Message Agency Join Forces to Provide Robust Digital Solutions to Nonprofit Sector
Tech Impact, a nonprofit that uses technology to advance social impact, recently announced a merger with Message Agency, a digital agency and B Corporation headquartered in Philadelphia. This merger will enable Tech Impact and Message Agency to empower nonprofits, foundations, higher education, and government organizations with innovative digital products and solutions. The two organizations will collaborate to provide a range of services, including digital strategy, web design, web development, and digital marketing.
Read more...16 Valuable Skills That Will Set You Apart When Transitioning To The Nonprofit Sector
Working professionals these days are less likely to remain at the same organization for the entire duration of their career. Instead, many are opting to explore their options and venture into different industries, resulting in them gaining and honing qualities and skills that contribute to their success in the workplace. As experts, the members of Forbes Nonprofit Council have experience hiring and working with professionals that have pivoted from the for-profit world to a nonprofit organization. Below, 16 of them each share one valuable skill or trait they’ve found in these transitioning employees transitioning and why it makes them such an effective addition to the team.
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