Maximizing Clean Energy Tax Credits for Nonprofit Organizations
Are you curious about how your nonprofit organization can leverage the advantages of renewable energy, including Renewable Energy Tax Credits? Many nonprofits are surprised to learn they may be eligible for tax incentives under the Inflation Reduction Act of 2022 (IRA), a landmark legislation that aims to boost the transition to a low-carbon economy. One of the…
Clean Energy Tax Credits for Nonprofit Organizations
The Inflation Reduction Act of 2022 (“IRA”) includes a host of tax incentives intended to accelerate investments in clean energy solutions. Nonprofit organizations that participate in clean energy projects or investments may benefit from these incentives. Proposed regulations under the IRA allow tax-exempt organizations to benefit from certain clean energy credits, by electing direct payment…
GRF CPAs & Advisors Partners with Sustain.Life to Offer Sustainability Software
A new partnership to help organizations measure, manage, and report on their sustainability practices. UPDATE June 18, 2024 – Sustain.Life has been aquired by Workiva to create Workiva Carbon. This acquisition will expand Workiva’s industry-leading platform for ESG, Financial Reporting, and GRC with the addition of Carbon Accounting, Carbon Management, and Decarbonization. Read more >>…
Greenhouse Gas Emissions: Understanding and Reporting on Scopes 1, 2, and 3
Many organizations are actively working to diminish their greenhouse gas (GHG) emissions. When tracking and reporting progress, the terms ‘Scopes 1, 2, and 3 emissions’ are frequently used. But what do these designations mean? Scopes 1, 2, and 3 Defined The ‘scopes’ for reporting come from the Greenhouse Gas Protocol (GHG Protocol), an international organization…
Greenhouse Gas Emissions: Defining Scopes 1, 2, and 3
Many organizations are actively working to diminish their greenhouse gas emissions. When tracking and reporting progress, the terms ‘Scopes 1, 2, and 3 emissions’ are frequently used. But what do these designations truly signify? On the journey to achieving net zero emissions, organizations measure and assess their greenhouse gas emissions through three distinct ‘scopes.’ The…
Workshop Highlights: Navigating the World of Uncertainties Impacting Non-Profit Organizations
The 4th Annual GRF /NC State ERM Workshop for Nonprofits was held on February 23 and 24, 2023. Nonprofit executives and board members from across the U.S. came together to share their experiences and discuss strategies and tactics for strengthening enterprise risk management at tax-exempt organizations. Melissa Musser, Partner and Director of GRF’s Risk Advisory…