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Jen: This is The PKF Texas – Entrepreneur’s Playbook®. I’m Jen Lemanski, and I’m back again with Nicole Riley, an Audit Director and one of the faces of the PKF Texas not-for-profit team. Nicole, welcome back to the playbook.

Nicole: Thanks. Thanks for having me.

Jen: There’s different departments in a not-for-profit organization. Two of the main ones are finance and development. Why is it important for those two to be collaborative?

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Continue Reading The Importance of Finance and Development Collaboration

Holiday-inspired generosity and the desire to reduce tax liability makes the end of the year a busy time for charitable giving. According to Network for Good and other sources, approximately 30% of charitable gifts are made in December alone. For not-for-profits, an important part of processing these donations is sending thank-you letters that acknowledge donor gifts.

a note card with the word "thanks" sits on a wooden table with a black marker; image used for blog post about not-for-profits acknowledging donor gifts

To ensure your letters contain everything they should, here’s a refresher course.

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Continue Reading The Importance of Acknowledging Donor Gifts

In 1993, a consortium of philanthropic organizations came up with the Donor Bill of Rights to guide not-for-profits in their interactions with financial supporters. For the most part, the basic principles remain valid. But over the past quarter century, some in the not-for-profit and donor communities have suggested amendments and additional “rights.”

typewriter with paper sticking out with the word "donations;" image used for blog post about not-for-profit donor bill of rights

If you aren’t already familiar with the Bill, it’s a good idea to review it and recent updates while thinking about ways you might improve your organization’s relationship with donors.

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Continue Reading Does Your Donor Bill of Rights Need Updating?

Factors such as wealth level, education and even whether people volunteer, probably will tell you more about potential donors than their generation. But some broad generalizations about age can help not-for-profits target particular groups for support. The newest generation of adults belong to what’s being penned as Generation Z, and it’s possible to draw some conclusions about this otherwise diverse demographic.

a diverse group of hands reaching together in the center as a sign of teamwork; image used for blog post about how not-for-profits can appeal to Gen Z

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Continue Reading How NFPs Can Gain Support from Generation Z

As the end of the year quickly approaches, the holiday spirit glows a little brighter with each passing day. It causes us to consume ourselves with putting up lights and decorations, attending holiday parties, and enjoying all of the different holiday concoctions offered by Starbucks. But more importantly, the holiday spirit renews our sense of…