Not-For-Profit

The TBC Not-For-Profit Services Group stays abreast of industry trends. In addition to the people pictured above, TBC has many other associates who work in this industry and in total, there are 20 individuals with significant not-for-profit experience.

Generating revenue in difficult economic times, meeting increased demands on tight budgets, and maintaining necessary internal controls with limited administrative staff are ongoing challenges for not-for-profit organizations.

Our associates are committed to serving on boards of charitable organizations, volunteering, and helping raise important funds for tax-exempt organizations.

The Not-For-Profit Committee meets monthly to discuss emerging and topical issues affecting clients in the tax-exempt industry such as:

  • Current accounting pronouncements in the industry
  • Changes in the not-for-profit investment arena
  • Revenue recognition and gifts-in-kind valuation
  • Taxes and regulatory considerations