Learn Practice Element 6A3: Diversifying Funding Sources

Revenue generated from activities inconsistent with a nonprofit’s tax-exempt purpose may give rise to tax obligations. This document outlines ways to minimize that risk and outlined the typical sources of taxable income for nonprofits, along with common pitfalls and questions.

This guidance covers Practice Element 6A3: Assess the nature and variability of revenue and seek to diversify funding sources.

Land Trust Standards and Practices Practice Element 3A2 on board oversight, includes five elements. This module addresses the first element, 3A2a: Reviewing and approving an annual budget.

This publication provides tools, tips, exercises and case studies to help land trusts successfully solicit money from individuals, who generally provide the most plentiful, accessible and flexible funding, especially those people from the community connected to the benefits the land trust provides.

Selected resources to guide your learning on key topics