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What part of Alaska do you want to last forever? Our Mission Inspiring the Spirit of Giving and Connecting People, Organizations, and Causes to.
Welcome to your daily briefing on nonprofit developments in Alaska. Today we're covering 6 key stories including updates on alaska nonprofit headlines, background & context. Let's dive in.
3 stories
What part of Alaska do you want to last forever? Our Mission Inspiring the Spirit of Giving and Connecting People, Organizations, and Causes to.
The federal government has allocated additional funding through grants for Alabama citizens and permanent residents.
These grants could provide crucial resources for nonprofits in Alabama looking to enhance their programs and services.
Our mission is simple, to empower Alaskans to help each other. Since our founding in 1955, we have worked hard to improve the lives of Alaskans through grant programs and initiatives that people can rely on.
Reach professionals in this market
3 stories
Negligent-screening claims arise not from failing to have a screening policy, but from failing to follow the policy that exists. A documented policy with inconsistent enforcement is harder to defend than no policy at all, because the deviation is evidence of negligence.
Insurance carriers tighten coverage on organizations with screening-process gaps. The cost of consistent enforcement is small; the cost of a single uninvestigated incident can close the organization.
Unrelated business income tax applies when an activity is regularly carried on, is a trade or business, and is not substantially related to the exempt purpose. Common surprises: corporate-sponsored events with naming rights that look like advertising, affinity credit-card royalties that include co-marketing services, and gift-shop sales of items unrelated to the mission.
UBIT exposure can cost both tax and exempt status if the unrelated business becomes substantial. The line between sponsorship (excluded) and advertising (included) is narrow and case-specific.
Form 990 is required to be made public by the filing organization on request and is indexed by ProPublica and others within weeks of filing. Sections most boards underestimate: Schedule J (top-staff compensation), Schedule L (transactions with interested persons), and Schedule O (narrative explanations that "soften" other answers). Donors and reporters read these.
Items that read fine in management's narrative often read very differently in print. Pre-filing review by a non-finance board member catches optics issues that a CFO will not.
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