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President Barack Obama won re-election to a second, four-year term last night but he likely won’t have too much time to bask in the glory, as critical issues that impact the nonprofit sector will need to be dealt with before his inauguration in 10 weeks – if not sooner.
Let the fundraising begin — and continue.
See the full list of Top 100 organizations by clicking here
There is a notable lack of attention paid to growth in the nonprofit sector, and it’s not because we’re just starting to come out of The Great Recession. There is a larger structural reason why growth is so difficult in the nonprofit sector no matter what the economic outlook. Being able to recognize that reason is the first step in overcoming this structural locked brake.
It’s a paradox. In a bad economy, more people are in need of the services provided by nonprofits just as it gets harder to raise funds for those services. People see that volunteers are important and organizations try to recruit more of them.
Almost three decades after being among the pioneers in nonprofit management education, The Mandel Center for Nonprofit Organizations is making big changes to keep up with an evolution in the sector.
Scrutiny by consumer media into some potential skeletons in the nonprofit sector’s closet has charity officials both capitulating and complaining. The capitulation is the handing over of potentially explosive documents. The complaining is about attorneys general and consumer media supposedly not understanding the cost to raise a dollar and the value of a donor list.
“We started up an operation across a geographic area the size of Europe.”
Those are the words of American Red Cross Director of Media Relations Anne Marie Borrego. An estimated 60 million people in 16 states have felt the wrath of Hurricane Sandy throughout the northeast and as far west as Illinois. At least five million residences in the northeast are without power.
Almost all the highest net worth households in the United States, those with either a net worth of $1 million or more (excluding home value) or an annual household income of at least $200,000, gave to charity in 2011. Fully 95 percent gave to at least one charity, 30 percentage points more than the general population.
Rates of return for college and university endowments have taken a nosedive in fiscal year 2012. The rate of return is a negative 0.3 percent, compared to a 19.2 percent gain for 2011. That’s according to preliminary results of a study by Commonfund Institute and the National Association of College and University Business Officers (NACUBO) on higher education endowments.
Current Print Edition
November 1, 2015Table Of Contents
Vol. 29, No. 13
In The News