News & Articles

N.J. Caps Reserves Of Nonprofit Health Insurer

July 5, 2017       Andy Segedin      

Nonprofit health insurer Horizon Blue Cross/Blue Shield of New Jersey made it through New Jersey officials’ 25th-hour state budget deliberations over the holiday weekend – but not completely unscathed. The insurer, which services 3.8 million New Jersey residents, will have its surplus capped by new legislation but state officials will be unable to, as initially planned, stick their hands into the cookie jar to fund statewide initiatives.

N.J. Moves Against Nonprofit Health Organizations’ Reserves

June 27, 2017       Andy Segedin      

Revenue surpluses maintained by nonprofit health insurers in New Jersey are potentially up for grabs in legislation pushed by Gov. Chris Christie who is eyeing $300 million of Horizon Blue Cross/Blue Shield of New Jersey’s reserve to fund major portions of his anti-opioid initiative.

GuideStar Pulls Hate Group Designations After Threats

June 27, 2017       Andy Segedin      

Growing harassment and threats directed toward leadership and staff have led watchdog database GuideStar to remove its flagging of 46 suspected hate groups as defined by the Southern Poverty Law Center (SPLC) — at least for the time being. The removals will take place this week.

Komen Shutting Down In Phoenix

June 26, 2017       Andy Segedin      

The race is over in Phoenix, as Susan G. Komen Arizona will cease operations effective July 31. The organization’s Phoenix Race for the Cure event, previously set for October, has been cancelled.

Planned Gifts Don’t Go Bump In The Night

June 23, 2017       Andy Segedin      

Somewhere, hiding under beds and in closets, lurk the creatures that haunt planned giving officers: losing current sustainable gifts, complex lingo, and the discomfort of speaking about death.

U.S. Remains Low In Social Progress Index

June 21, 2017       Andy Segedin      

The United States has crept up one spot, to 18th, on the 2017 Social Progress Index. The improvement fails to express, however, the U.S.’s consistent underperformance relative to its gross domestic product (GDP), according to Michael Green, CEO of the Social Progress Imperative (SPI), creator of the index.

Elusive Donors Get More Expensive

June 20, 2017       Andy Segedin      

Giving continued its slow ascent during 2016, with positive gains hamstrung by losses in efficiency and momentum. The recent trends have created the effect of nonprofits shuffling forward, taking a step back for every two steps forward, according to a pair of recent studies.

Designated Gifts Lead To Fundraiser Layoffs

June 20, 2017       Mark Hrywna      

Two of the nation’s largest United Way affiliates and the organization responsible for raising three-quarters of the funds to operate New York’s Central Park were among the nonprofits that laid off employees amid cost-cutting efforts in recent months.

Millennials Start Displaying Inclination To Give

June 19, 2017       Andy Segedin      

Millennials are still a ways away from contributing to the nonprofit sector to the same extent as Baby Boomers and Gen Xers. If signifiers of willingness to give such as volunteerism and attendance at religious services are to be believed, however, Millennials are closer to being as active as their elders than dollars indicate. Millennials gave an average of $580 to charity during the past year, according to a study commissioned by Dunham + Company, a consultancy to nonprofits, and conducted by Campbell Rinker.

6 Ways To Entice Millennial Donors

June 13, 2017       THE NONPROFIT TIMES      

They’re here. Millennials gain prominence in society and commerce each year, making them an attractive population to help expand and diversify your organization’s donor base. What remains elusive, however, is how to attract this sect of donors, larger in number than Baby Boomers, after years of focusing on predominantly older donors — those who tend to be the most likely to give.