Company Law Solutions’ Post

Thinking of donating to charity? Remember, for gifts over $5,000, the IRS requires a qualified appraisal by a professional. Ensure your generous acts are compliant and maximize their impact by getting an accurate valuation of your donated assets. https://lnkd.in/eM4exdNN It's not just generous, it's smart giving! #CharitableGiving #SmartDonations

Choosing the right legal structure is an important decision for any organisation. For many not-for-profit and non-trading organisations, be they charities, community groups, or sporting clubs, the decision will often narrow down to a trust, incorporated association or company limited by guarantee. This blog explores the differences between registering a charity or not-for-profit as an incorporated association or a company limited by guarantee. https://bit.ly/3ml3zoM #organisationallaw #notforprofit #businessstructure #companylimitedbyguarantee #incorporatedassociation

Thinking of donating to charity? Remember, for gifts over $5,000, the IRS requires a qualified appraisal by a professional. Ensure your generous acts are compliant and maximize their impact by getting an accurate valuation of your donated assets. https://lnkd.in/eH9yvQpa It's not just generous, it's smart giving! #CharitableGiving #SmartDonations

Great article. The Ted Talk mentioned here is also well worth a watch.

Nonprofits are rewarded for how little they spend. Not for what they get done. But frugality ≠ morality. Why shouldn’t charities: 👉 employ passionate, experienced staff? 👉 secure sustainability & support? Read more insights via our blog: https://lnkd.in/egBdz5Ys #CharitySupport #SmallCharities

As Chair of a decent-sized educational charity, I have observed this challenge for nearly 5 years. I also have a lot of experience working in the private/commercial sector, this is not a comment without extensive experience. It is not realistic to expect charities (which are operating businesses) to run day-to-day without any funding that goes towards their overheads. All too often donations are made that stipulate they are restricted funds for 'direct impact'. Without thinking, like any normal business, people, IT, office space etc., are needed to organise these amazing benefits that charities deliver to materialise in society. It feels to me that charities are not viewed as being normal businesses, that incur overheads. Look at any Income statement of any business and look for SG&A costs - this is the overhead, every business has them. Needless to say, this is a problem. Not least when you know, that the people who work in charities work far and beyond what they are asked to do, it's usually a people business with long and intensive hours. The 'bang for your buck' on overheads in the charities I have worked in, is enormous.

‘We want to fund projects addressing loneliness and isolation’ 🙌🏻 … Great, we do that…..we get people out, socialising and meeting other people in their community….. we’d like to do more, keep costs affordable for everyone and invest in reducing our carbon emissions. Can we apply for some funding so that we can meet the increased demand, and not pass inflationary increases on to service users? ‘Sorry, we can’t fund transport overheads, we’re looking for projects that innovate and are sustainable’ Innovation and sustainability are valuable criteria but should not be the exclusive metrics for funding decisions.

Fiscal responsibility is essential to non-profit organizations. Bringing in donations takes a dedicated coordinated effort from staff and volunteers. Making sure those donated funds meet the greatest needs for their initiatives can be done efficiently & effectively by working with HDI Wholesale.  #nonprofitorganization #charitableorganization #essentialneeds #diaperneedawareness #EndDiaperNeed #schoolsupplydrive #StudentEssentials #periodpoverty #charitablegiving #HDI #helpinghomeless #fostercareawareness

Giving back never goes out of season! 🌟 All year long, refer a client to any GigWorx location, and we'll donate $100 to a charity of your choice. Let’s create positive change together—every referral counts. 💙 (Charity options vary by office location.) #InternationalDayOfCharity #GiveBackWithGigWorx #JobSearch #FlexibleWork #LocalJobs #FinancialFreedom #GigEconomy #StaffingSolutions #GigWorx

Don't forget to vote for the "Profit for Good" session at SOCAP Global. Our session aims to explore ways to create a world where profits benefit impactful charities instead of random investors. Take a moment to support this vision of a better world. #profit4good #socapmarket #socapglobal #forgood #forcharity