From the President's Office
Dear Friend:
As we begin the New Year, we also enter another month of economic downturn. I think it is safe to say that the economy has affected almost everyone. As we noted in November, it has presented nonprofits with a double challenge: increased demand for services coupled with decreased contributions. Responses range from the painful—freezing salaries, leaving vacancies unfilled—to the devastating—laying off staff, cutting programs, or closing down entirely.
Here at GuideStar, we've jettisoned the "nice to have" expenses and reevaluated our activities to ensure that everything we do advances our mission. We hope you'll see GuideStar as one of the ways to weather the storm. ... Read more
What's New from the IRS:
The 2009 Work Plan for the Nonprofit Sector
Several IRS initiatives will focus on exempt organizations this year.
So what will the 800+ employees of the IRS who work with exempt organizations be focusing on in 2009? Will your nonprofit end up on their computer screens? Maybe yes, maybe no. But you may need to check out IRS plans for the New Year and get acquainted with some new IRS acronyms, such as ROO and EOCU. ... Read more
Public Relations, Investor Relations, and Marketing Professionals: Do More with Less in Tough Economic Times
Public relations and marketing can be powerful, cost-effective tools for furthering your mission during a recession.
With economic gloom and doom leading to flat corporate giving and grantmaking, it's critical for nonprofit groups to maintain visibility and, in fact, take extra efforts to remind their stakeholders, customers, and prospects of their missions and staying power. ... Read more
Half a Million Nonprofits Could Lose Their Tax Exemptions
The sector may look very different 18 months from now.
Did you know that in May 2010, half a million nonprofits could find themselves stripped of their exempt status? The IRS estimates that that's the number of smaller organizations that have failed to file a Form 990-N. ... Read more
Weathering the Storm: Ensuring Your Organization's Continued Success through Tough Economic Times
In a down economy, you need to focus on keeping your organization both financially viable and strong internally.
The current global economic crisis is having a significant impact on the nonprofit sector. While mission-driven organizations have seen an increase in demand for their services and predict that the demand will continue to increase, they are also extremely concerned about the philanthropic environment. ... Read more
Coming Soon to a Computer and
Phone Near You: Free GuideStar Webinars
We're excited about the many free on-line seminars we're offering this year.
Last September, GuideStar tested the Webinar waters by offering a free on-line seminar for grantmakers. We repeated the experiment in December with a Webinar for charities. Both events were well attended and well received. Based on their success, we decided to jump in with both feet this year. ... Read more
In This Issue
What's New from the IRS: The 2009 Work Plan for the Nonprofit Sector
Half a Million Nonprofits Could Lose Their Tax Exemptions
Weathering the Storm: Ensuring Your Organization's Continued Success through Tough Economic Times
Coming Soon to a Computer and Phone Near You: Free GuideStar Webinars
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We've begun scheduling our conferences and speaking engagements for 2009. We'll be adding more events as the year progresses. |
