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What is the Difference Between a Contribution and a Donation?

‘Donation’ and ‘contribution’ are words often used interchangeably, but they aren’t true synonyms when it comes to philanthropy, as they can mean different things. Donations and contributions are both great options for giving to nonprofits; however, it’s good to know the difference between the two so you better understand how… Read More

What is GivingTuesday, and How to Contribute

GivingTuesday in Wisconsin, Minnesota, Iowa, South Dakota, and across the globe, began in 2012, and returns on Tuesday, Nov. 29 for its 11th year. GivingTuesday provides a great opportunity for people to look past the usual Thanksgiving-related retail events — such as Black Friday and Cyber Monday — by donating… Read More

What is Give to the Max Day in Minnesota, and How to Contribute

Give to the Max Day is a Minnesota-based, one-day initiative started by GiveMN in 2009 to help raise money for participating nonprofit organizations and schools. The event is held on a Thursday each November, with Give to the Max Day 2022 set to take place on Thursday, Nov. 17, with… Read More

7 Ways You Can Help Fight Poverty in Your Community

Since the COVID-19 pandemic, 7.8 million people have fallen into poverty—the biggest jump in a single year since the government began tracking poverty 60 years ago. It’s easy to think about poverty as a national crisis that is bigger than you, but there… Read More

A Guide to Types of Donations to Nonprofits

When it comes to the types of donations one can make to a nonprofit, the possibilities are nearly endless. From providing your time and resources with in-kind donations to establishing a legacy donation after your death, CommonBond relies on the generosity and philanthropy of people like you to provide services… Read More

How to Leave a Legacy with Different Types of Donations

While similar in many ways to regular charitable donations, legacy donations — or legacy gifts — work a little differently because they require planning ahead and having a long-term outlook that is meant to help sustain the charitable organization you have chosen. They are also different in that many people… Read More

Market-Rate Housing vs. Affordable Housing

Market-rate housing is key to planning in most cities throughout the United States. However, as housing prices climb faster than income levels in the vast majority of areas, with property tax and rent increasing beyond the means of area residents, low-income renters often end up having to relocate to… Read More

What Is Generational Wealth, and How Does Housing Fit In?

At CommonBond, we believe affordable housing is at the core of every aspect of a person’s life. It’s the foundation on which families rely on, no matter their financial status, for safety and stability. Unfortunately, Minnesota has the worst housing shortage in the… Read More
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