News & Articles
An eight-year-old boy sprints to the mailbox on a Saturday morning. Waiting is a small package, addressed not to his mother or father but to him, from an organization called PJ Library in West Springfield, Mass. He rips it open and finds a book. He feels its weight, runs his fingers along the pages, flops on the couch and begins reading.
The 400 guests at the Foundation for Belmont Education’s spring dinner-dance fundraiser bid on eight high-end items, such as a “Green Monster Experience” at nearby Fenway Park in Boston and a 15-guest catered dinner.
Just about every organization has social media as part of the engagement process and many use mobile giving to raise funds. Together, the two barely register in the giving scale, unless there is a natural disaster.
Every nonprofit already has a mountain of data. The donor database often leads to an organization’s own high-potential names and undiscovered planned giving donors. The database is much more than simply an organizational LinkedIn.
As technology for the home office improves, more nonprofits and employees are taking advantage of the benefits of telecommuting.
Two nonprofit health insurers in Washington State have accumulated record surpluses of more than $1 billion, causing the state’s insurance commissioner to sound the alarm.
The chairman and CEO of Ernst & Young and a board member of the Boy Scouts of America (BSA) has become the latest voice to speak out against the organization’s ban on gay members.
The bandit Willie Sutton was famous for saying he robbed banks because that’s where the money was kept. Nonprofits probably don’t need the firepower Sutton was packing. That doesn’t mean getting the cash is going to be as easy.
Crystal Cathedral Ministries, the megachurch started by Robert Schuller in Garden City, Calif., filed for Chapter 11 bankruptcy in 2010. A lawsuit filed late last year by creditors against the ministry’s founding members — the Schuller family — alleges that directors used more than $10 million from the ministry’s restricted endowment for operating expenses and staff salaries. Donors can restrict how endowment funds are spent and those restrictions are all but inviolable. Ignoring those restrictions and spending more of an endowment than the donor permits has a suitably piratical name: It’s “invading” the endowment.
Rev. Keith Ratliff, Sr. has stepped down from his positions as national board member and Iowa/Nebraska state conference president of the NAACP, due to the group’s support of gay marriage.