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How Form 990 Can Benefit Nonprofits

Tax season is here, which means nonprofits are preparing for the submission of their annual Form 990 or 990-EZ. What some nonprofits might not be aware of, however, is that the form is an opportunity to promote their efforts to prospective donors. Philanthropic strategist Bruce DeBoskey recently identified which information on Form 990 could be of interest to potential donors. Such areas of interest include a nonprofit’s mission statement, the use of program-related investments, and lobbying activities. More on Form 990 is available at the Nonprofit Quarterly.

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Blackbaud Institute Issues Charitable Giving Report

Blackbaud Institute has released its fifth-annual Charitable Giving Report, which offers the most up-to-date insight and trends on nonprofit fundraising. The latest edition covers how nonprofit fundraising performed in 2016, and includes information on the overall and online fundraising trends, the impact of mobile giving, and how #GivingTuesday shapes year-end fundraising efforts. Download Blackbaud Institute’s Charitable Giving Report here. An email is required for downloading the report.

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Modest Gains in Charitable Giving to Colleges

Colleges and universities experienced a modest rise in charitable donations last year. According to an annual report by the Council for Aid to Education, charitable giving to higher institutions in fiscal year 2016 increased from $40.3 billion to $41 billion (1.7 percent). Compared to the growth rate from 2014 to 2015 (7.6 percent), the increase was much less than expected. A significant drop in personal giving is being contributed to the flat growth rate. More on the Council for Aid to Education’s latest report is available at Inside Higher Ed.

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When Pledged College Donations Fall Short

While not commonly documented, several colleges have faced a situation where a donor is unable to fulfill their pledged gift. Such situations are usually kept under wraps, but can become public under various circumstances such as a death or unforeseen business troubles. If a pledged amount goes unfulfilled, however, colleges and universities should remember that the lasting impact falls on the donor and not the institution. In addition, institutions should project confidence and move forward with their fundraising efforts despite the potential on future donations. Check out Inside Higher Ed for more on unfulfilled college donations.

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Credit Card Offers Cash-Back Donations to Charitable Organizations

An Austin, Texas-based public-benefit corporation has introduced a new credit card allowing users to donate cash back rewards to charitable causes. Charity Charge World MasterCard lets customers give one percent of their purchases to beneficiaries selected from Charity Charge’s website. No annual fees are charged to the cardholder, and all World MasterCard’s benefits are offered. In addition, the beneficiary does not pay any processing fees and all cash-back donations are tax deductible. For more on the Charity Charge World MasterCard , visit the Nonprofit Quarterly website.