News & Articles
Endowments at U.S. colleges and universities jumped 11.7 percent net of fees for the 2013 fiscal year, according to preliminary data gathered from 461 institutions for the 2013 NACUBO-Commonfund Study of Endowments. It’s a huge improvement compared to the -0.3 percent return reported by study participants for FY2012.
Under siege, that is how many human service providers are feeling. And, they have good reasons. Two huge issues we are facing can have cataclysmic results if we do not prevail.
Republican Chris Christie beating Democrat Barbara Buono 60.5 percent to 38 percent to win a second term as New Jersey governor was not the biggest drubbing on the ballot this Election Day, November 5. More than four-fifths (81 percent) of voters answering the question said yes to a ballot initiative that would allow veterans’ groups like the American Legion and Veterans of Foreign Wars (VFW) to keep proceeds from small gambling events like bingo and raffles.
Wealthy individuals and their financial advisors differ widely about their discussions on philanthropy and other things related to charitable giving, according to a new study. And when discussions do veer toward philanthropy, advisors tend to come at it from a technical perspective rather than goals and passion.
Many nonprofits, especially human services, are struggling with reduced funding from government and donors. A solution to the shortfall could involve changing the way that nonprofits explain their missions. It’s a matter of choosing the right words, a process known as framing, and it can affect donors’ thinking.
With confusion among the key elements in nonprofit managers’ minds when it comes to the Affordable Care Act (ACA), the Small Business Administration (SBA) and the Internal Revenue Service (IRS) have released guidelines explaining how to implement the 2010 law’s provisions.
Robert Gates, the former Secretary of Defense under Presidents George W. Bush and Barack Obama, has been appointed to the National Executive Board of the Boy Scouts of America (BSA). He will serve as president-elect and as a member of the executive committee of the Irving, Tex.-based organization’s board.
The number of grant recipients has increased during the first six months of 2013 and the median award size of the largest grant for organizations with government funding was 400 percent larger than that of organizations with no government funding.
The Alliance of Nonprofit Mailers (APM) will have a new executive director starting next year. Stephen M. Kearney today was announced as the next executive director, effective January. He will succeed Tony Conway, who will retire at the end of the year.
Federal workers will have more time to complete their charitable giving, due to the federal shutdown. The Combined Federal Campaign (CFC) giving period will be extended for an extra month.