April/May 2012
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Choosing an investment manager — Who should handle your endowments?
A nonprofit with substantial endowments likely needs an investment manager — especially if that expertise doesn’t exist in-house and if the organization relies on endowments as a steady income stream. This article offers some suggestions for selecting the right professional. It looks at such issues as candidate background, compensation structure, and questions to ask. A sidebar shows how nonprofits with significant investments are taking steps to reduce volatility in their portfolios.
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Accountable plans save employees tax dollars
With salaries on a plateau or rising only slightly at most nonprofits, employers should be alert to any way to give their employees a financial break. Having an accountable plan for business expense reimbursement is one way to save employees some money. This article explains how to set up a plan, follow reimbursement rules and account for expenses.
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5 tips for limiting damage from a public relations crisis
A disaster plan can save a nonprofit’s important data from destruction suffered in an earthquake, flood or other natural disaster. But what about a nonnatural disaster, such as a financial scandal or other public maelstrom? This article offers five tips for limiting damage to a not-for-profit’s reputation from a public relations crisis, including having a plan and training specified employees to communicate with the media.
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News for Nonprofits
This issue’s “News for Nonprofits” shows how “deal of the day” sites such as Groupon, Deals for Deeds and others can be innovative — and lucrative — fundraising tools. It also cites professionals who discuss how including employee feedback in strategic planning and other decision-making processes is one way to improve the satisfaction level of nonprofit employees.
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This publication is distributed with the understanding that the author, publisher and distributor are not rendering legal, accounting or other professional advice or opinions on specific facts or matters, and accordingly assume no liability whatsoever in connection with its use. ©2012 • NPAam12