Thursday, March 27, 2008

Benefits and Perks of Being a Nonprofit

Nonprofit organizations also have the added benefit of reduced-rate mailings. The US Congress has determined that nonprofits are eligible to send mail at a lower rate than traditional business organizations. The United States Postal Service publishes complete guidelines regarding what kind of mail qualifies for the reduced rate status, as well as specifics regarding mailing policies. Provided an organization is using this mail service within the law, reduced-rate mailings can be especially useful when sending out funding requests, annual reports and membership mailers. As soon an organization is incorporated in its state, the application process for reduced-rate postage may commence. For organizations with a minimal operating budget that rely upon paid membership or donations, this tool can be particularly useful.

One of the chief methods by which nonprofit organizations receive support is through donations. Drumming up backing for an organization can be challenging, and it is important to keep in mind that almost all donations to an organization are tax-deductible to both businesses and individuals. From various children’s charities to the Humane Society, receiving support through donations is one of the most crucial pieces to smooth operations in the NPO sector. .