SFW Gives Back

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SFW Gives Back

SFW Gives Back is a public charity created to support the St. Louis community through charitable efforts, achieving more by pooling our resources.

02/27/2026

Although your nonprofit should monitor broader economic conditions to guard against potential external risks, don’t overlook internal red flags that may signal deeper financial health concerns. Key warning signs include budget variances without clear reasons, decreased donor confidence and giving, incomplete or unreliable financial reporting, and unchecked executive authority. These issues usually develop gradually. Boards and leaders who monitor trends, strengthen controls and enforce accountability can take corrective action before small problems become a crisis. We can help.

02/26/2026

How many directors does your nonprofit board really need? Smaller boards offer focus and efficiency but risk burnout and limited perspectives. Larger boards bring diverse expertise and a shared workload but can struggle with engagement and staffing demands. Ultimately, there’s no magic number. Whether you’re forming or resizing your board, consider director responsibilities, desirable skills and expertise, fundraising expectations, and staffing resources to find the right balance.

02/24/2026

Your nonprofit receives donations of tangible property (clothing, household goods, artwork, etc.). Great news! Then comes the challenging part: assigning the right value to these noncash donations. Most tangible property donations are recorded at fair market value (FMV). Some factors considered in an FMV estimate are property condition, comparable sales, use restrictions and replacement value. Understanding the basic rules and navigating specific requirements helps support accurate financial reporting and donor tax compliance. Contact us for help assigning values with greater confidence and consistency.

02/20/2026

Enterprise risk management (ERM) isn’t reserved for global organizations with massive budgets. Nonprofits of all sizes can build and benefit from an ERM program just the same. At its core, ERM helps organizational leaders identify, prioritize and mitigate the risks most likely to disrupt their nonprofit’s mission. And whether your organization has a handful of staff or multiple departments, the right ERM approach can help you focus your limited time and resources on what matters most. Contact us to learn more.

02/18/2026

Tension between Accounting and Development teams is more than a simple workplace issue. It can have real financial consequences for a nonprofit organization. Misaligned processes and poor communication can affect financial reporting, compliance and even grant funding. Strengthening coordination between these departments may require refining procedures and fostering collaboration. Regular reconciliations, clear communication and defined procedures help both teams stay coordinated so your nonprofit can protect funding and pursue its mission. We can assist in designing and implementing a collaboration framework that helps ensure your Accounting and Development teams work together effectively.

10/13/2025

This month, several of our SFW Partners team members came together to support the Cardinal Glennon by participating in their Sun Run 5k. Our team this year raised $885 to help Cardinal Glennon continue to help children in need.

Congrats to all who participated!

07/30/2025

If your not-for-profit’s board members frequently miss meetings, show little enthusiasm for their roles or resign before their terms are up, board meetings may be to blame. Your board’s president needs to ensure meeting agendas are focused and include a limited number of actionable items. Members must be provided with the resources they need (including accessible financial reports) to make good decisions. It’s also important to encourage everyone to participate and to prevent one or two members from dominating discussions or bullying others. Contact us for more information on good nonprofit governance.

07/28/2025

Donors who make qualified charitable distributions (QCDs) from their IRAs can benefit both themselves and your nonprofit. QCDs are excluded from taxable income and can satisfy required minimum distributions. Recent changes made by the SECURE 2.0 Act make them more appealing than ever. The annual QCD limit (currently $108,000) is now pegged to inflation, so donors will be able to give more over time. And they may be able to use a split-interest entity (such as a charitable remainder trust) to support your charity and collect lifetime income. Talk to potential donors about these options and contact us for more information.

07/25/2025

For nonprofit associations and charities, membership fees and automatic donations can be worth their weight in gold. If you’ve noticed a recent decline in your income stream, first make sure you understand your members’ and supporters’ needs, wants and expectations. Conduct surveys, focus groups and online polls to learn if they want, for example, education, event invites, networking opportunities or something else. Then communicate the valuable benefits you offer that meet those needs. If necessary, consider discounting memberships or offering something extra for monthly donations.

07/23/2025

If your not-for-profit’s inexperienced staff attempts to handle accounting and financial tasks, mistakes are likely to result, with potentially serious repercussions. Be particularly vigilant about common errors such as data entry mistakes and poor organization. Your nonprofit also should follow formal, documented procedures for bookkeeping and accounting and write at least a basic budget. Better yet, outsource tasks such as payroll, accounts payable/receivable, financial statements and tax compliance to reputable companies. Contact us for help or more information.

07/21/2025

If you’re making cuts to your nonprofit’s budget, be careful to preserve funding for maintaining internal controls. These policies and procedures are critical for preventing occupational theft. Funding cybersecurity is also critical. Fraud prevention measures don’t have to be expensive. Some simply require rigorous oversight. Others should be thought of as necessary costs. For example, outsource accounting tasks if you can’t segregate the duties using your own staffers or board members. And pay for excellent cybersecurity to help ensure your network and data are safe from hackers. Contact us for help making your budget work.

Address

1610 Des Peres Road, Suite 300
Des Peres, MO
63131

Telephone

+13145693333

Website

https://www.sfwgivesback.org/

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