Which type of donation, restricted or unrestricted, is most important to the well-being of a nonprofit organization?

Both are vitally important to the well-being of a nonprofit. Donations that are specifically designated to a program, a scholarship or a service ensure that these important efforts are there when they are needed. Unrestricted gifts more often support operations such as administration and fundraising…functions that may not be exciting, but which are extremely important… Continue Reading Which type of donation, restricted or unrestricted, is most important to the well-being of a nonprofit organization?

Which type of donation, restricted or unrestricted, is easier to obtain?

Donors are often more likely to make restricted donations because supporting a program feels more “concrete.” This attitude is especially true of grant-making foundations and corporations. Unfortunately, the local charity that may be able to raise thousands of dollars to support a specific program or to purchase new office space may not be able to… Continue Reading Which type of donation, restricted or unrestricted, is easier to obtain?

What is the difference between restricted and unrestricted donations?

A: Just as the name implies, a restricted donation is given by the donor with stipulations attached. In other words, it is given to be used for a specific purpose only…it may be in support of a program, a scholarship, an event or a charitable campaign. Once specified, the gift cannot be used for any… Continue Reading What is the difference between restricted and unrestricted donations?

Toothpaste: when should kids begin using it and how much should be used?

Baby teeth are at risk for decay as soon as they first appear which is typically around six months. The good news is that tooth decay is preventable! Starting at birth, clean your child’s gums with a soft, infant toothbrush or cloth and water. When your child’s teeth begin to come in, brush baby teeth… Continue Reading Toothpaste: when should kids begin using it and how much should be used?

If I decide to apply a surcharge, do I have to apply it to all credit card brands that my practice accepts?

Most major credit card brands have a non-discrimination rule in the agreement between you and the credit card company. This non-discrimination rules usually requires you to treat all card brands the same, so either surcharge all or surcharge none. That said, if you intend to have a different surcharge policy depending upon the credit card… Continue Reading If I decide to apply a surcharge, do I have to apply it to all credit card brands that my practice accepts?

What registration or disclosure requirements must be followed in order to impose a surcharge?

Your ability to apply a surcharge is conditioned on abiding by certain registration and disclosure requirements: Register – You must register, by way of written notice, with your network and the bank or financial institution that processes your credit card payments, within 30 days prior to surcharging. The notice must identify whether you intend to… Continue Reading What registration or disclosure requirements must be followed in order to impose a surcharge?