In today’s environment, nonprofit institutions can face significant headwinds. The need for services is great and can outpace resources. Nonprofits face significant competition for fundraising and need to differentiate themselves from other organizations. There is a constant battle to keep expenses under control and to provide more services with less staff. Nonprofits face increased regulatory measures from federal and state agencies. Keeping board members apprised of industry changes and increasing responsibilities is challenging.
Private foundations have to juggle increased demand for grantmaking with resources mainly dependent on investment results. Increased regulations complex taxation make managing a private foundation even more challenging.
Taylor Wealth Management LLC can help you to navigate the turbulent waters with prudent consulting and training to help your organization succeed.