Private Foundations Articles
Nonprofits: Now’s the Time to Muster Volunteer Resources
Posted by Cathleen Karpik on November 09, 2020
Despite a rough year, many nonprofits have weathered the pandemic relatively well. In fact, some are now experiencing a surge in volunteer interest. To ensure you have enough helping hands, take time now to learn what your volunteers need and want and, if necessary, reorganize your volunteer program to accommodate them.
BDO Nonprofit Standard | Fall 2020
Posted by Donna Gonser on October 15, 2020
Take a look inside our most recent newsletter for our professionals' insights on the latest issues for nonprofits.
Using Remote Workers? Protect Sensitive Company Data from Exposure
Posted by Christopher Lukowski on October 08, 2020
During the COVID-19 pandemic, many companies have shifted to work-from-home arrangements to protect the safety of their workers. This trend is expected to continue even after the pandemic ends. Unfortunately, the chances of intellectual property theft (or inadvertent loss) are generally greater when employees work at home.
Should Your Nonprofit Adopt Remote Work Permanently?
Posted by Sarah Hopkins on October 07, 2020
In many organizations, both employees and employers have become accustomed to remote work and want to make it permanent. But before your nonprofit breaks its office lease, it needs to consider several factors.
Monitor Overtime Pay for Your Remote Workers: DOL Guidance
Posted by Kathleen Strobele on September 22, 2020
Employers already know they must pay non-exempt employees for every hour they work, however, when those employees work from home it's harder to keep track of those hours. The Department of Labor has just issued a “field assistance bulletin” to remind employers of what's required.
Monitor These 3 Things as Your Nonprofit’s Priorities Change
Posted by Robert Torella on August 10, 2020
Several months into the COVID-19 crisis, most not-for-profits have formulated at least a temporary plan for sustaining operations, but short-term solutions should be complemented by long-term strategic planning that reprioritizes objectives.
Employers - Prepare to Comply with Year End Reporting of Qualified Sick and Family Leave Wages Paid
Posted by Mark Stack on July 29, 2020
The IRS recently issued Notice 2020-54 regarding employers’ requirement to report the amount of qualified sick leave wages and qualified family leave wages paid to employees under the Families First Coronavirus Response Act (FFCRA), (P. L. No. 116-127).
Federal Reserve Proposes Expanding Main Street Lending Program to Nonprofit Organizations
Posted by Cory Van Deusen V on July 20, 2020
Previously, nonprofit organizations were not eligible to participate in the program given their absence of EBITDA, a key underwriting metric required for the three existing MSLP facilities. However, the Federal Reserve then evaluated the feasibility of adjusting the borrower eligibility criteria and loan eligibility metrics of the program for nonprofit organizations.
BDO Nonprofit Standard | Summer 2020
Posted by Donna Gonser on July 17, 2020
Take a look at the summer 2020 edition of BDO's Nonprofit Standard.
Strengthening Internal Control in the COVID-19 Environment
Posted by Sara Dayton on July 17, 2020
This article provides five tips that nonprofit organization management should consider to strengthen their internal control environment in response to a remote environment.