As the pandemic slowly begins to subside, it’s worthwhile to take stock of how far the nonprofit industry has come. Supporters have by and large been eager to help the causes they love and drive important social missions forward. Despite fatigue and uncertainty, many organizations have been able to meet (and sometimes exceed) their fundraising and engagement goals.
Nonprofits’ missions change the world and improve their constituents’ lives with the generous support of their donors. Nonprofits can take these goals a step further by conducting advocacy campaigns that grow their networks and mobilize supporters to take action on key issues related to their mission. Of course, advocacy campaigns aren’t planned overnight, and you’ll need to develop a comprehensive nonprofit advocacy toolkit to help your campaign find success.
In a democratic society, citizens have the freedom to organize and form social networks, movements, and cause-oriented groups.
Social capital refers to the collective importance of relationships among individuals, and the beneficial effect of these social networks on the greater good. It’s not strictly a general assessment about how friendly a group of people can be -- social capital is important.
While the process of taking the 501(h) election might seem confusing, it is actually quite simple. Nonprofits elect to be covered by the newer regulations simply by filling out Form 5768 and sending it to the IRS.