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Home Archive by category "Not for Profit"

Five top tips to manage your organisations’ assets with ease

By Sheldon Gilmore | Commercial, News, Not for Profit | Comments are Closed | 12 November, 2019 | 0

More and more organisations are modernising their asset management thanks to state-of-the-art technology. If you haven’t already, you might want to consider joining them. An efficient asset management process helps organisations prevent theft, maximise the value of their assets and even avoid breaking statutory regulations and health and safety procedures. A robust asset management processRead more

Adopting a risk-based approach to charity fund compliance

By Sheldon Gilmore | News, Not for Profit | Comments are Closed | 20 September, 2019 | 0

If you don’t currently employ risk-based compliance strategies, you might be taking a risk yourself. “The starting point is: the greater the risks, the more charity trustees need to do to mitigate them.” The Charity Commission for England and Wales Charities often conduct their work in physically risk-prone locations, but the risks to charities don’tRead more

Supercharge your charity's fundraiser engagement

Engage your fundraisers with our 8 top tips

By Sheldon Gilmore | News, Not for Profit | Comments are Closed | 9 September, 2019 | 0

Inspiring people to become ambassadors for your charity’s brand isn’t easy. You might have a worthy cause, but keeping people enthusiastic and ready to raise funds for you can seem like a difficult task. These are the tricks employed by the best charity fundraising drives. 1. Make it easy Help fundraisers get started and stayRead more

Charities report annual fraud losses of 8 mil

£8m of charitable funds lost to fraud – here’s how to beat the con artists

By Sheldon Gilmore | News, Not for Profit | Comments are Closed | 4 September, 2019 | 0

As scams and defrauding schemes become more sophisticated, annual charity losses to fraud have skyrocketed. In 2018/2019, annual losses reported to Action Fraud (the UK centre for reporting fraud and cyber-crime) total nearly £8m. That’s £8m of donations stolen directly from the pockets of not-for-profits. It’s an enormous amount of financial loss, but when youRead more

Keeping track of assets globally

Keeping track of charity assets worldwide with global asset tagging

By Sheldon Gilmore | News, Not for Profit | Comments are Closed | 21 August, 2019 | 0

How do you keep up with charity assets on a global scale? You could spend half of your life calling and messaging each location and scribbling endless paperwork, but you’d never be up to speed. Assets change hands every day, whether they’re tangible, physical assets like furniture or intangible assets such as paperwork and documentation.Read more

Get to know your donor to ensure fund compliance

Why knowing your donor and fund compliance go hand in hand

By Sheldon Gilmore | News, Not for Profit | Comments are Closed | 19 July, 2019 | 0

Those working in the charitable and not-for-profit sector will know that ensuring compliance is not easy. In fact, it can be enormously complex and a seemingly impossible task to trace the source of every donation. According to The Charity Commission, the ultimate responsibility for fund management sits with a charity’s trustees, who should ensure thatRead more

Finding hidden treasure with partial tax exemption

Partial tax exemptions: Sailing the choppy seas of VAT

By Sheldon Gilmore | News, Not for Profit | Comments are Closed | 9 July, 2019 | 0

If you’re not yet up to speed on what partial tax exemption is, it’s actually fairly simple. As a not-for-profit, an organisation may receive tax-exempt donations. Some organisations will also supplement this income with taxable sales, such as charity shops or bracelets. Reconciling the two on your ledgers can be a painful task. Your organisation’sRead more

Financial reports for charity

Financial reports that speak to the real reasons donors give to charity

By Sheldon Gilmore | News, Not for Profit | Comments are Closed | 17 June, 2019 | 0

Why do you give to charity? If you ask somebody out of the blue, they’re likely to tell you what they think you want to hear – perhaps that they give because it’s the right thing to do, or because people are in need. While, no doubt, some people do have a selfless motivation, thereRead more

Influence donors with your annual report

Creating a Non-Profit Annual Report Which Influences People

By Sheldon Gilmore | News, Not for Profit | Comments are Closed | 30 May, 2019 | 0

There’s a number of reasons to create a non-profit annual report, whether it’s to generate positive PR, to demonstrate to donors and trustees how their money is being used, or to counteract negative press and misinformation. It’s also a fantastic opportunity to influence people to take action and support your cause. A great annual reportRead more

CFG Annual Conference

PS Financials at the CFG Annual Conference 2019

By Adam Smith | News, Not for Profit | Comments are Closed | 24 May, 2019 | 0

We work closely with the Charity Finance Group (CFG) as part of our commitment to the charity sector. This year, the CFG Annual Conference themes were confident, dynamic and trustworthy, and we discussed several topics related to these, including how advanced donor reporting can help to boost the profile and perceived reliability of your not-for-profitRead more

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