Donating to a 501(c)(3) nonprofit can greatly help a cause you care about and in return get tax deductions as a bonus. There are some guidelines donors and nonprofits must adhere to, however, to remain IRS-approved. Here's a brief list of the most significant 501(c)(3) guidelines and information that all...
PCI Compliance for Nonprofits: A Simple Guide to Keeping Donor Data
PCI compliance stands for Payment Card Industry Data Security Standard compliance. It is a set of security standards designed to ensure that all companies that accept, process, store, or transmit credit card information maintain a secure environment. Nonprofits that accept donations online or through credit card transactions are also required...
The Difference Between Fundraising Platforms and Merchant Accounts for 501(c)(3)s
Nonprofit organizations, particularly those with 501(c)(3) status, rely heavily on fundraising to support their missions and programs. In today's digital age, there are various tools and platforms available to help these organizations raise funds more effectively. Two popular options are fundraising platforms and merchant accounts. While both serve the purpose...