With coffee in hand, I skimmed through the many nonprofit e-newsletters. If you are like me, you click on a link and then another, and then another, and by then 30 minutes have passed!
Keeping updated with the latest information in the field was always a challenge for me and perhaps some of you. Staying current with news, updates, changes, and growth is important for professional development and in my opinion, to keep the organization dynamic.
Here are some of the latest news clips from the nonprofit sector:
- The 2015 Nonprofit Finance Fund (NFF) State of the Sector Survey was released. Some of the key findings included: 76% of nonprofits reported an increase in demand for services, nonprofits identified critical needs in their communities with the highest percentage of need was affordable housing at 35%, and 44% hired staff for new positions.
- IRS recently announced that donations made through crowdfunding websites are tax deductible. Of course with the clarification that the donation is only tax deductible to a 501(c)(3).
- Mandatory e-filing for 990s was proposed last month at an IRS Advisory Committee meeting.
- The 2015 Millennial Impact Report was also released last month. The major takeaways are: millennials give (84% donated), millennials serve (70% spent at least one hour volunteering), and millennial inspire (46% are likely to donate to a cause when asked by a co-worker).
For those who want to grab a second cup of coffee and read more, below are the links to the above mentioned nonprofit news clips.