As interest in nonprofit mergers grows, so do the myths surrounding them. Streetsmart nonprofit manager columnist Thomas McLaughlin reminds organizations that these shaky economic times provide a good time to examine some of the more persistent ideas about mergers within the private sector.
Attempts to comply with the new Internal Revenue Service (IRS) Form 990 requests for information have many nonprofit managers and financial officers in a dither.
Ask not what the board can do for the organization, but what the organization can do for the board. Hint: Let ’em get their hands dirty.
Before you break out the video camera to make an online video, you should think about what you want that video to do, according to Michael Hoffman, CEO of Chicago-based See3 Communications. During a talk at NTEN’s recent 2009 Nonprofit Technology Conference, Hoffman said you should ask yourself a few questions about the video’s function.
Without strong management, even the most successful nonprofit will lose its effectiveness over time.
You painstakingly proofread your resume. You crafted the perfect cover letter and now all that work paid off when you get a call to go in for an interview. The work isn’t over yet, according to Bruce A. Hurwitz, vice president of New York City-based Joel H. Paul & Associates, Inc., a national executive search firm for the nonprofit sector.
More competition for fewer dollars coupled with the worst recession in generations might make it seem like mergers are the only option left for nonprofits in the coming years. But before your organization goes off and does something it might regret, there are few things to consider.
Donations don’t always come in cash or checks. Some donations are in the form of stock, land and other types of property. Statement of Financial Accounting Standards (SFAS) 157, issued in September 2006, provides a framework for nonprofits to apply to measure fair value.
Building a resume could be complex if you don’t have the right construction tips, according to Bruce A. Hurwitz, vice president of New York City-based Joel H. Paul & Associates, Inc., a national executive search firm for the nonprofit sector.
Judith Nichols doesn’t mind being a pest — at least when it comes to analyzing trends in philanthropy. The deputy director for external affairs at Brooklyn Public Library has devised what she calls PEST analysis to examine trends in philanthropy. PEST stands for Political, Economic, Societal and Technological.