Nonprofit organizations are groups of people who come together under a common cause and a shared point of view, usually working to provide a service. As these organizations expand out of state or operate across the country, they must meet the same requirements in other states. In addition to using GiveGab, non-profits don't provide their donors with a breakdown of the part of their donation that is deductible (unless the donor receives something of value in return such as dinner, etc.).Nonprofits also often establish a compensation policy to help them determine how much senior executives will be paid in salary and ensure that that amount is in line with that of other similar organizations. The people of Idaho Gives and GiveGab are working hard to make this day an easy way for donors to donate and an effective way for nonprofit organizations to tell their story. In addition to planning their finances with an annual budget, non-profits also create income statements (also called activity statements), balance sheets (also called statements of financial position) and cash flow statements to better analyze the organization's health and financial habits.
To comply with the regulations, organizations that participate in Idaho Gives and that have been pre-verified to receive donations on GiveGab may need to provide additional information to maintain their verification status. In addition to that, non-profits must have an effective management system in place to ensure that they can inform the donor about how the funds were spent in the right time frame. Grants are awarded for projects that benefit community beautification and public recreation in southeastern Idaho, with a primary emphasis on landscaping and beautification projects. The fee to participate in Idaho Gives depends on the size of your organization and whether you are a member of the Idaho Nonprofit Center. We ask that you respect Idaho Gives as a whole and support efforts made to raise funds and awareness for nonprofit organizations in Idaho. The Idaho Gives and Idaho Nonprofit Center teams do not host in-person events or street parties during Idaho Gives week.
This structure will benefit participating nonprofit organizations by keeping more of the funds raised and will also help advertise Idaho Gives.
