Tag - #foundations

amplify foundation impact

Six Ways to Amplify Your Foundation’s Impact

To improve impact, it's crucial that all charitable foundations continuously refine their approaches to increase their efficiency. Here, are six strategies to help your foundation amplify its impact: 1. Measure: Choose Metrics and Collect Data Just as businesses gauge their success through Key Performance Indicators (KPIs), charitable foundations should select relevant metrics that capture their accomplishments. Maybe its the number of beneficiaries...

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Empowering Charities: Bookkeeping for Charitable Foundations

For charitable foundations, meticulous record-keeping isn't just a good practice—it's pivotal. And thankfully, efficient bookkeeping for your charitable foundation can be easy. But for success, you need a partner who understands the specialized demands of charities to ensure your foundation maintains compliance. Here are two ways our bookkeeping service supports charitable foundations: Making the T3010 a Breeze: The Intersection of Bookkeeping...

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Effective Private Foundation Governance Practices

Private foundations play a crucial role in philanthropy by providing resources to support various charitable causes. These organizations are typically established and funded by families or individuals with a strong desire to make a difference in their communities. However, managing a private foundation can be complex and challenging, especially when it comes to governance. In this blog post, we explore...

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Top 10 Problems Your Family Foundation Will Face Without a Succession Plan

Family foundations can play an important role in philanthropy and social impact, but their long-term success depends on effective leadership and governance. Without a succession plan in place, your family foundation may face a range of challenges that can undermine its effectiveness and sustainability. In this blog post, we'll explore the top 10 problems your family foundation will have without...

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