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  • Board financial responsibilities – Put best practices in motion

    October / November 2011
    Newsletter: Nonprofit Agendas

    Price: $225.00, Subscriber Price: $157.50

    Word count: 1023

    Abstract: Even if new board members are enthusiastic, wise or skillful, they may not fully understand their fiduciary responsibility to be good stewards of the public’s money, have a working knowledge of finances — or even be good with numbers. This article shows how a board can assure fiscal responsibility by having strong operating procedures, the right committee structures and appropriate training. A sidebar describes some of the metrics a board should know.

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  • Left a job? Pay heed to your 401(k) plan

    Year End 2009
    Newsletter: Focus

    Price: $225.00, Subscriber Price: $157.50

    Word count: 1023

    Abstract: After leaving a job (whether voluntarily or involuntarily), some may wish for greater flexibility in how their retirement money is invested than a 401(k) allows. One option is to roll over the money into an IRA, either directly or indirectly. This article looks at the distinction and examines the tax implications, while a sidebar discusses the temptation to cash out a retirement fund during an economic crisis.

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  • Charitable giving – Noncash donations can take many forms

    Year End 2009
    Newsletter: Trendlines

    Price: $225.00, Subscriber Price: $157.50

    Word count: 1023

    Abstract: Donating cash might be an easy way of supporting a charity, but it’s not necessarily the best. Rather than hurting personal cash flow by lowering the balance on one’s bank account, it might be better to look to other assets to serve as a valuable donation — with some helpful tax benefits. This article discusses donating a home, a vehicle, art or other collectibles, or appreciated stock, while a sidebar shows the different costs involved in donating cash, stock, real estate or collectibles.

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