Empowered Women International is recruiting for their Spring ETS class which emphasizes the fundamentals of micro-entrepreneurship, combined with the basics of financial literacy. Visit EWI’s website for more information or contact Alex.
After the most recent meeting with Nonprofit Montgomery’s Nonprofit Advisory Board, DHHS has provided the following updates on two issues: “rounding pennies” and single user accounts. Click here to read the full update on these two changes.
1. “Rounding Pennies”
There has been an issue for some time with rounding errors in budges when items such as fringe and indirect rates are calculated in the budget spreadsheets. There have been instances of budgets going back and forth several times before minor errors such as budgets being off by a few pennies are resolved.
In order to reduce the back and forth over budgets, and in agreement with the Office of Procurement,DHHS will not send budgets back to organizations for correction over rounding errors. As long as the bottom line, total value is correct to the penny and matches the amount listed in the contract or contract action, the budget will be processed as is. DHHS hopes to reduce the confusion and delays in processing contracts and contract amendments.
Nonprofit organizations should ensure they receive the bottom line total for the budget from their contract monitor so they know the exact value they need to match at the bottom line.
2. Single User Accounts – Credit Card Payments
Many of you may be receiving phone calls from JP Morgan-Chase saying that you are required to participate in the accounts payable initiative that uses a Single Use Account (SUA) credit card for payments. Acceptance of payments via credit card is included in the County’s General Terms and Conditions attached to all contracts in Section 25 – Payments.
DHHS has confirmed with the Department of Finance and with the Office of Procurement that participation in the SUA program is not mandatory for nonprofits. Nonprofit organizations may participate if they so choose, but they should be aware that they will be charged a 3-4% fee. Organizations that do not want to participate in the SUA program can tell JP Morgan-Chase that as a nonprofit, they do not want to receive payments through this program. JP Morgan-Chase should accept this answer and should not apply pressure for the organization to participate.
The Washington Regional Area of Grantmakers will be offering the Fundamentals of CSR workshop designed to help the local nonprofit community understand the field of corporate social responsibility and build new, stronger, and more-mutually beneficial corporate partnerships. Click here for more information.
Join your colleagues for candid conversation on navigating change in your organization. The dates are: April 14, May 19, and June 16 from 8:30-10am at the Nonprofit Village. The sessions will be facilitated by Melissa Graves, Executive Director of Graceful Growing Together. Tables for Ten are facilitated peer-to-peer sessions offer an opportunity for nonprofit executive directors to connect around issues of importance to them and their organizations.
For more information, please email Lesley. Register today.
Exponent Philanthropy produced an interested video series sharing words of wisdom from grantmakers about what they have learned throughout their philanthropic careers to help others be more effective and efficient in making change.
The Nonprofit Quarterly provides an excellent summary of the Bureau of Labor Statistics’ newly released data on nonprofit organizations from 2007 through 2012. The data includes employment, wages, and the number of establishments that provides important insights into the nonprofit industry.
Cybersecurity breaches, whether in large corporations or the government, are increasingly in the news. Nonprofits are not immune from cybersecurity concerns. The County government recognizes that nonprofits may be vulnerable and will adding requirements for cybersecurity insurance in new county contracts. Join FIRM alumni colleagues to find out what you need to know about cybersecurity your organization.
Representatives from 501cTECH, county government, and the insurance industry will discuss what you should worry about, what you can do about it, and how to protect you organization in the case of a breach. Click here to register.
April 26, 8:30-9am: coffee/networking, 9-10:30am: panel discussion
Hope Connections for Cancer, Beaumont House at FASEB
The Fund for Children, Youth and Families at The Community Foundation is accepting request for proposals. Grants will be given to organizations providing services and programs in foster care and adoption, academic and career success, and stable homes and families. Click here for more information on how to apply.
The County Executive will hold five public hearings on his recommended FY17 Operating Budget over the next few weeks. They will be on: Tuesday, April 5 at 7pm, Wednesday, April 6 at 1:30pm and 7pm, and Thursday, April 7 at 1:30pm and 7pm
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Nonprofit Montgomery’s Tables for Ten meet for candid and confidential facilitated conversations. Seats are filled on a first-come, first-served basis for members only. Join your colleagues this spring for peer-facilitated support and problem solving on navigating change in your organization. The dates are: April 14, May 19, and June 16 from 8:30-10am at the Nonprofit Village.
The sessions will be facilitated by Melissa Graves, new ED of Graceful Growing Together and former CEO of Lutheran Social Services of the National Capital Area.
Tables for Ten offer an opportunity for nonprofit executive directors/CEOs to connect around issues of importance to them and their organizations. For more information, please email Lesley. Spots are filling up quickly, so register today.