Managing a successful nonprofit is no easy task. Many organizations are faced with a thin budget, limited resources and thousands of regionally competitive groups. In order to navigate these challenges, a cooperative structure of relationships ─ from volunteers to community partners ─ is vital to ensuring that no time or money is wasted.
COVID-19 has impacted every industry, forcing organizations to adapt to the constantly changing situation. Nonprofits have been especially affected by the changes caused by COVID-19.
Nonprofits have unique banking needs. When looking to open a nonprofit bank account, organizations should do the research to find a bank that will meet their specific goals. There are dozens of banks that offer products and services for nonprofits.
With today’s emphasis on corporate transparency and accountability, an organization’s directors and officers face a countless number of exposures. Regardless of the company’s size or mission, the legal costs associated with a lawsuit can be...
Claire Kilchenstein, CIC, CPCU, a senior account manager at Sandy Spring Insurance, was recently honored by The Society of Certified Insurance Counselors (CIC) for her ongoing pledge to education, commitment to excellence and dedication to the...
Volunteering in the communities we serve is a year-round priority for us at Sandy Spring Bank, but it’s a tradition for us to end the year with a special emphasis on giving back through our Season of Sharing.
Personal umbrella liability insurance provides an extra layer of insurance coverage over your standard liability policies, which generally include homeowners, renters, auto and watercraft policies. It protects your personal assets by kicking in if...
Life insurance isn’t a fun thing to think about, and it may seem like an unnecessary expense. But if you have people who depend on you for financial support, then life insurance is really about protecting them in case something happens to you.
