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Knowledge base

What is a "payout requirement" for a private foundation?

https://learning.candid.org/resources/knowledge-base/payout/

When the U.S. government grants a private foundation tax-exempt status, it expects the foundation to use its money to do good for society. To make sure that happens, the government...

Knowledge base

What is Candid and what kinds of services and resources does it offer?

https://learning.candid.org/resources/knowledge-base/what-is-candid/

In February 2019, Foundation Center and GuideStar joined forces to become Candid, a 501c3 nonprofit organization. Together, these two organizations bring a combined 88 years of expertise and millions of data points to...

Knowledge base

How can I find degree or certification programs in fundraising, philanthropy, and nonprofit management?

https://learning.candid.org/resources/knowledge-base/degrees-or-certifications/

Current Offerings in University-Based Programs is a database of nonprofit management programs at more than 290 U.S. colleges and universities. Compiled by Seton Hall University, the site includes online programs,...

Knowledge base

How do I write a business plan for a nonprofit organization?

https://learning.candid.org/resources/knowledge-base/business-plans/

Like for-profit business ventures, nonprofits can create a business plan to describe how they will turn their mission into reality. The business planning process involves the following steps: Researching the...

Knowledge base

Will foundations fund overhead or administrative costs for nonprofits? What is an acceptable overhead rate?

https://learning.candid.org/resources/knowledge-base/overhead-costs/

Although many foundations prefer to support direct programmatic activities, many do give grants to help nonprofits cover administrative costs, also known as general operating expenses or overhead costs. Overhead rate...