Donor Information

Information Donors Should Know Before Giving

Costs of Fundraising

We are committed to using less than 10% of our funds for fundraising, and our goal is to use less than 5%
We will try to use electronic forms of communication whenever possible to keep costs down.
Credit Card companies charge roughly a 3% charge for processing credit card donations. This is taken into account of our 5-10% cost of fund raising commitment.

Taxes:

How Your Money Is Spent

75% of all funds raised through fundraising will be used for programs and development
25% of funds will go to reserves and to build an endowment to help ensure long-term financial stability
For a more detailed view our spending, check out our 3-Year Plan, our Latest Audit, and our past Tax Forms

Privacy & Communications

We respect your privacy, and will not sell or give away your information to anyone.
You will receive four Quarterly newsletters to keep you informed of the programs progress.
Other than the quarterly newsletter, you will receive no other unsolicited communications from us for 10 months following the date you donate.
After 10 months you will receive up to 3 requests to renew your support.
If you would like to be removed from our mailings, please email Fundraising@nbweb.org or call 978-970-5692 with your request, and you will be removed immediately.

Non-Profit Status & Explanation of Financials

There are two major types of 501c(3) Non-Profits: Public Charities & Private Foundations.
In 1999 Advancement Plus had to change its IRS Non-profit status from a Non-Profit Public Charity to a Non-Profit Private Foundation, b/c in the past we received the majority of its funds through a few large donors. This means Advancement Plus has two pay a 2% tax on the interest it earns on its accounts. (Please note that this is only on interest income, not on donations. ALL donations are tax deductible.)
Guidestar, which reports financial information on Non-Profits for donation websites such as JustGive.org, does not currently have the capability to support the 990 tax form and financials filed by a Private Foundation, as a result the most recent financial information these sites have are from 1999 when Advancement Plus listed as a Public Charity
For the most up to date financial information go to the Financials page of the Donor Section of this website for our latest Audit and 990 PF tax forms.
For fundraising purposes, we are registered with the Division of Public Charities with the Massachusetts Attorney Generals office. They can be reached at 617-727-2200.