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Funding Your Mission: 4 Nonprofit Financial Management Tips

NXUnite

Treat this rule as a guideline to help you allocate more funding toward your mission and cut administrative and fundraising costs where possible. This provides guidelines for investing, withdrawing, and spending your nonprofit’s reserve funds so you can effectively save for the long term. Investment policy. Staff compensation policy.

Tips 130
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Association Brain Food: 12.22.23

Reid All About it

Fíonta provides a recap of a recent UST webinar in which their co-founder Dr. Lisa Rau described ways associations can leverage AI, risks of using AI and guidelines for implementing AI responsibly. Industry analysis for members. Per MGI’s membership benchmarking survey, members rely on their associations for in-depth industry analysis.

Analysis 295
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Good Data Governance Equals Great Member Experiences

.orgSource

In a collaborative governance process, teams are assisted to incorporate guidelines into their daily activities. A human focus puts the emphasis on giving people what they need to deliver value safely instead of on watchdogging and limiting access. Granting access while guiding usage builds a culture where data is valued.

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How Data Analysis Helps Create Better Events

Associations Now

Lend a Helping Hand Data analysis firms like Bear Analytics are quickly gaining popularity in the association space, but if you’re not working with a big budget it might be a challenge to hire an outside firm. Recent trends in data analysis are starting to touch every part of the association business, and that includes tradeshows.

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Heart Associations Defend New Guidelines on Heart Disease Risk

Associations Now

Harvard researchers say they have found significant problems with newly released guidelines on cholesterol and heart disease risk. The two associations that created them stand behind the guidelines, saying they’re just that—guidelines. Stone, who chaired the panel that came up with the new guidelines, told CBS News.

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Heart Associations Defend New Guidelines on Heart Disease Risk

Associations Now

Harvard researchers say they have found significant problems with newly released guidelines on cholesterol and heart disease risk. The two associations that created them stand behind the guidelines, saying they’re just that—guidelines. Stone, who chaired the panel that came up with the new guidelines, told CBS News.

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Fannie Mae and Freddie Mac: New lender requirements take effect

Ungrated

The two government-sponsored enterprises began developing—and released temporary guidelines —after the Champlain Towers South condominium collapse in June 2021. Communities must have an inventory of major components, a financial analysis and evaluation of current reserve fund adequacy, and a proposed annual funding plan.