Starting a nonprofit can be a daunting venture, but don’t let the potential negatives overshadow the positives. There can be many social advantages to starting a nonprofit, including providing a service, protection from personal interests, sustainability, volunteer involvement, and invested employees. There are also financial benefits, including tax exemption, grant support, foundation support, and tax deduction for donors. Check out our latest infographic, which goes into more detail about the social and financial benefits of starting a nonprofit.
Social media is transforming the way America does business, but it may be even more important in the nonprofit world. Nonprofits, after all, rely on personal connections to reach donors, and social media is all about forming personal connections. Janine Jacques – associate professor and Digital Media program chair at New England College of Business, and founder of her own nonprofit – explains it all in our latest Skye Learning video.
Successful grant writing not only offers nonprofits a way to attract outside funding, but it also helps support an organization's vision and goals. Strategic grant writing looks to align identified needs of the nonprofit (and its clients) with funding sources, whether foundations, government agencies, corporations, or individuals. Learn more about the six stages of grant writing in our latest infographic.