News & Articles
“Have six months of cash on hand at all times” is one of the recommendations most often invoked by well-meaning observers. It’s the holy grail of financial comfort for many nonprofit managers, the metric that brings color back to board members’ white knuckles, the feel-good threshold for restful nights.
From California to Pennsylvania, from Wisconsin to Washington, colleges around the country were getting large online donations that turned out to be nothing more than credit card scams.
It was announced with some fanfare recently that the nation’s high school graduation rate improved 3.5 percent from 2001 through 2009 and that 75.5 percent of high school kids graduated in 2009.
Darlene Kiyan, executive director of Playworks Los Angeles, believes she knows what doesn’t attract would-be employees.
The estate of deceased philanthropist Brooke Astor, which had been contested since her death in 2007 at age 105, has been settled, freeing up nearly $100 million to go to New York charities.
The number 25 isn’t much in some circles. You can’t get a cup of coffee for 25 cents. You’ll spend more than $25 on a decent dinner for two and $2,500 won’t get you a car that starts every time you turn the key.
Ending several years of turnover at the Corporation for National and Community (CNCS), the U.S. Senate yesterday confirmed Wendy Spencer as the agency’s next chief executive officer. She is scheduled to begin her new position on April 9.
The Council on Foundations (CoF) today announced its new president and CEO, Vikki Spruill, who will take over July 1, 2012. She has been president and CEO of Ocean Conservancy in Washington, D.C., since 2006.
Susan G. Komen for the Cure has canceled its annual Lobby Day this spring while it searches for a new vice president of public policy.
The overall number of nonprofit organizations in the United States dropped by 18 percent last year as the number of applications for tax-exempt status declined by about 7 percent compared to 2010.