News & Articles
Stocks of a dozen public companies that service nonprofits were up by almost 8.5 percent collectively by mid-year 2011 before tailing off to finish with a gain of less than 1 percent, lagging the Dow, yet besting most of the major indices.
Paul Logli might have seemed like a before repentance Grinch when he joined the United Way of Rock River Valley as president and chief executive officer in December 2008. The Rockford, Ill.-based affiliate of United Way Worldwide went through a sharp contraction not long after he arrived — a result of the downward spiraling economy. It also discontinued its tuition reimbursement and 401(k) matching contributions.
Viewing direct mail as “costly” and “disappointing,” William Kiel, vice president of development for Allegiance Health, said the three-year-old organization has had to take a more innovative approach toward fundraising given its youth.
Ask an accountant to decide which is worse, the annual audit, a fire, or a lawsuit and the response will be reminiscent of the old Jack Benny joke “Your money or your life?”– “I’m thinking, I’m thinking…”
When it comes to challenges, Project Vida, a multi-program social service agency in El Paso, Texas faces the usual suspects – federal, state and city budget cuts stemming from a nationwide economic downturn.
Since the dawn of the smartphone era in 1997, and especially since the first camera phone was introduced to the United States market five years later, nonprofits have wrestled with privacy and safety issues that have developed with the spread of instant communications.
When the board and management of a for-profit company decide that it is time for a merger, they can easily learn about the applicable laws and regulations and the pool of advisors available to them. If they begin the process, they expect to pay for any related services out of current earnings or, in some cases, from future proceeds.
Hundreds of millions of dollars of grants and contracts have found their way to nonprofits across the country via the impact of the American Recovery and Reinvestment Act of 2009 (ARRA or Recovery or Act). It hit its peak in 2010 and 2011 and organizations are feeling the impact.
Data is the buzzword in business and the charitable sector. Attach words to data such as analytics, warehouse, center, manipulation, etc., and you have bigger words with significant challenges.
You’ve got to get out there, or so nonprofits are told. “There” is the world of social media: Facebook, YouTube, Twitter, and the ever-expanding array of web-based and mobile technologies that can turn communication into an interactive dialogue.