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87% of all charities in the United States have annual revenues under $1,000,000. These organizations spend approximately 15% of their annual budget on administration and fundraising services. Organizations that operate as a part of The New Horizons Foundation family receive all of the administrative fundraising services listed below for only 5% of their annual budget, allowing them to spend more time and money on program and donor relationships.
We believe in the power of giving, but we also believe in the power of serving and the power of creating new solutions to the problems of our day! Donor Advised Funds at The New Horizons Foundation offer you 3 big advantages.
A Case Statement is the first document that you will need to develop for your non-profit strategy, but it is always a work in progress as your project develops. This worksheet provides a very simple and straight forward guide to completing a case statement.
A Case Statement is the first document that you will need to develop for your non-profit strategy, but it is always a work in progress as your project develops. It is the single most important document because all other marketing, ministry and fundraising documentation will be developed from your Case Statement.
An advisory board is a body that provides non-binding strategic advice to the operating project. The operating project is functioning under the New Horizons Board of Directors. The advisory board is a group of volunteers established by the manager of the operating project. The informal nature of an advisory board gives greater flexibility in structure and management compared to the board of directors.
Fiscal sponsorship is a cost-effective way to implement new programs, bring together groups to collaborate on an issue, keep administration expenses low and test new approaches to social change. Fiscal sponsorship is a common mechanism used in the nonprofit sector that enables individuals to start new programs without establishing a new, separate nonprofit tax-exempt organization. These fiscally sponsored projects get their charitable status from their fiscal sponsor.
Since nonprofits are mission driven without any services or products, a tax-exempt status from the IRS is critical. However, the process of attaining tax-exempt status and maintaining that status is highly burdensome. New Horizons Foundation provides an alternative that allows Board Approved Operating Projects to launch in a few days. The completion of form 1023 is a time intensive project. This process can take weeks, months and sometimes years.
Volunteer Project Managers manage Operating Projects established to carry out specific charitable purposes that fit within the New Horizons Foundation’s charitable objectives.
If you are considering a new career in ministry either full-time, part-time or in your spare time or if you are contemplating an organization change from church staff or an existing ministry staff to a new ministry or if you would like to see about a move from business to ministry or business and ministry then we have a solution for you.