Nonprofit Fundraising: Are You Choosing The Right Grants?
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By Carolyn Owen of Blue Avocado
Grants are an important source of funds for nonprofits, but some may come with strings attached that can create more headaches than positives for your organization. A strategic approach can help you be sure you’re applying for the grants that best meet your needs.
Tips for reviewing your nonprofit’s grant prospects.
One of the questions often asked is: “How do I find grants?” But a more important question: “How do I know the grant is right for me?”
Grant funding is great but often comes with requirements such as financial tracking of the award, measuring the program, reporting to the funder, and more — so look before you leap!
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Indiana Nonprofits NP 20R Filings Required Beginning in 2024
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The Indiana Department of Revenue (DOR) has changed how nonprofit organizations file their annual reports.
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By Bryan Pautsch, Principal, CPA, JD and Alex Bramer, Manager, CPA, Dean Dorton 5
The Indiana Department of Revenue (DOR) has changed how nonprofit organizations file their annual report, Indiana State Form NP-20, with the agency. In 2021, legislation was passed revising the filing frequency for nonprofit organizations’ annual reports from annually to every five years. In 2022, most nonprofits were not required to file Indiana form NP-20 as the DOR transitioned from NP-20 to NP-20R.
Beginning in 2024, Indiana nonprofits will begin filing Form NP-20R, Nonprofit Organization’s Report. The due date of the return will vary based on the last two digits of the organization’s federal employer identification number (FEIN). Form NP-20R will be due on:
- May 15, 2024, if the organization does not have a FEIN or the FEIN ends in 00 through 24
- May 15, 2025, if the organization’s FEIN ends in 25 through 49
- May 15, 2026, if the organization’s FEIN ends in 50 through 74
- May 15, 2027, if the organization’s FEIN ends in 75 through 99
After the date shown above, the organization must file Form NP-20R by May 15 every fifth year. A new Indiana nonprofit must file Form NP-20R in its first year and then every fifth year. The nonprofit's year-end does not affect the due date of the NP-20R.
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Child Advocates promoted Kelly Myhls as the new director of mediation. Myhls previously served as a staff attorney.
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Indiana Philanthropy Alliance (IPA) welcomed Clare Sheehan as its new communications manager. Sheehan previously served various marketing agencies, including DemandJump and Valve+Meter Performance Marketing.
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United Way of Central Indiana promoted Shannon Jenkins to vice president of impact. Jenkins previously served as senior director of impact.
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United Way of Central Indiana promoted Stephanie Fritz as vice president of strategic intelligence and information. Fritz previously served as senior director of strategic research and analytics.
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Family Promise of Greater Indianapolis named Matt Fultz as CEO. Fultz previously served as executive director of Independent Living for Adults with Developmental/Intellectual Disabilities in Boone County.
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16 Tech Community Corporation named Tracey Jackson as vice president of workforce development and community impact. Jackson previously served as CEO of Real Chance Strategies.
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The Crosser Family Foundation announced $491,800 in grants to 21 not-for-profit organizations to support organizations focusing on the Hamilton County communities or surrounding areas in Central Indiana. See recipients
Dress for Success Indianapolis (DFSI) announced it will be partnering with global online fashion and lifestyle retailer, SHEIN. The funds from SHEIN will help support day-to-day operations for DFSI, which in turn will be used to support programs and services provided by the Indianapolis chapter to help women thrive in work and in life, such as its Professional Women’s Group (PWG) and Career Development Center. Read more
Two central Indiana individuals and one organization have been recognized by Indiana Donor Network for undertaking exceptional efforts to advance organ and tissue donation and transplantation. This year’s honorees are Susie Guyer of the Indiana Bureau of Motor Vehicles, Mike Keller of Keller Mortuary Services and the Johnson County Coroner’s Office under the leadership of Coroner Michael Pruitt. Read more
The Talent InSight 2030 Forecasting Report aims to provide a comprehensive understanding of Hamilton County workforce and population dynamics, highlighting the challenges and opportunities that lie ahead. Download report
Leadership Indianapolis is accepting applications for the Stanley K. Lacy Executive Leadership Series. The 10-month series will provide a greater understanding of the issues facing our city and an opportunity to build strong relationships with other community leaders. Applications are due April 19.
Applications for the 2024 Love Thy Neighborhood Awards are now open. Each year, 12 organizations or projects are recognized as finalists for their role in impacting their neighborhoods in four categories: livability, opportunity, vitality, and education. Apply by April 21
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Budgeting for nonprofits: How to budget & plan for success webinar will be held Mar. 21 at 2 p.m. This informative webinar shares key fundamentals of how to improve accountability and transparency, as well as tips to help your organization allocate resources effectively. Presented by FORVIS. Cost: Free. Register
Avoid data pitfalls webinar on Mar. 21 from 9:00 - 11:00 a.m. Data is most powerful when you understand its limits. This module will give you the knowledge to think critically about data, making you aware of what can cause noise in data and how to use data effectively despite these limitations. Presented by SAVI. Cost: Free. Register
Fearless asking: How to build an individual giving program on Mar. 23 from 10:30 a.m. -12:30 p.m. at the Central Library. This workshop will help you understand the current fundraising environment and show you how to overcome your fears so you can ask confidently for the support your nonprofit needs. Presented by the Indianapolis Public Library. Cost: Free. Register
Building capacity for your nonprofit webinar on Mar. 26 at Noon. This session will address organizational growth, expanding your community reach, strategies to recruit more volunteers, increased funding, and get you on the right path for the future. Presented by SCORE. Cost: Free. Register
Sources of legal funding you never knew existed webinar on Mar. 27 at 1 p.m. Learn how nonprofits can sell goods legally, how nonprofits can legally charge for some of their charitable services, and common mistakes to avoid. Presented by Charitable Allies. Cost: Free. Register
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Brooke's Place for Grieving Young People, Inc. needs support group facilitators for their Westside, Eastside, and Northside program nights. Volunteers will provide a safe and supportive environment for individuals, ages 3-29, and their immediate caregivers to grieve the way they need to grieve. Volunteers must be 16+. No counseling background is required. Training provided. Learn more
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A new social initiative encourages more individuals to donate at least 1% of their net monthly income to charitable causes. This approach empowers individuals to assess their giving habits and consider how they can contribute meaningfully to charitable causes.
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Devoting time to training volunteers can provide an outsized return on investment. This article from Classy provides tips and best practices to maximize onboarding effectiveness.
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Our sponsor marketplace serves to further connect our readers with our advertisers who are focused on serving nonprofits. To learn about each sponsor's nonprofit services, click on its logo.
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FUND DEVELOPMENT
STRATEGIC PLANNING
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BANKING/
ASSET MANAGEMENT
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Grow your organization in a cost-effective, collaborative space that supports your unique needs. Refinery46 goes beyond physical space to focus on you and your organization. In addition to promoting a collaborative and inspiring environment, Refinery46 delivers a full-service workspace for founders, teams, and individuals. Learn more. Visit Refinery46.com, call (317) 762 4646, or email Community Manager Addison.
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CHARITABLE ADVISORS FEATURED JOBS
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Executive Leadership (CEO/ED/COO)
Fund Development/Marketing/PR/Advocacy
Admin Support/Clerical
Finance/Accounting/HR/IT/Facility
Programs/Program Support
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