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E-Newsletter           April/May 2009

Nonprofit Seminar: Understanding Financials - Wednesday, April 29 in Bloomington

Join us on Wednesday, April 29, 2009 at the Microsoft North Central District in Bloomington.  Attendees will learn how to impress contributors and foundations with financial reporting and how grant management modules in Microsoft standard products can assist this process.  To learn more about attending this free event, click here.

How to operate in a down market

When the economy falters, many nonprofits experience both reduced cash inflows and rising demand for services. Even if you’ve built up reserves for such situations, you can’t depend on them to last a long recession. What then can your organization do to avoid getting caught in the crunch?
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The yin and yang of it — Preparing annual audited financial statements

When it’s time to prepare annual audited financial statements, you may find it difficult to determine where the responsibilities lie. With your auditor on one side of the equation and your management and board on the other, it’s important to clearly define — and understand — each party’s roles and responsibilities.
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How should you recruit and retain employees in the current economy?

In any economy, nonprofits face the challenge of recruiting and retaining good employees. In this weak job market, there’s a glut of qualified job seekers. Now that you have the pick of the crop, make sure you choose wisely. And, once you hire a candidate, do what you can to keep that person — regardless of the broader economic environment.
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5 steps to an ideal board meeting

Productive, upbeat board meetings don’t happen by themselves. But taking these five steps — from doing the legwork to following your set plan of action — will make sure you get there.
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News for Nonprofits

This issue reports on donor giving trends; how older Americans are planning to step up their volunteer activities; postage meter compliance changes; and e-mail marketing tips.
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