News & Articles
Staffers at the Foundation Center held their breath for a few days in 2013, when the organization released its annual report for the fiscal year 2012. That year the New York City-based organization mailed out a slimmed-down print version, but the online version was much more in depth.
New donors declined by 11 percent. New donor revenue dropped by $11.3 million. Had the suspension of its direct mail acquisition program continued, the American Cancer Society (ACS) projected a loss of almost $30 million over five years.
Potential changes in how states tax cloud-based services have become a hot topic in the nonprofit sector. While few nonprofits would be in the business of providing cloud-based media for things outside of their mission, nonprofit leaders might be advised to approach any sort of new digitally-provided service or revenue source carefully. As more data, fulfillment and everyday work transfer to the cloud from local servers, state and local tax officers are brainstorming for ways to tax the process. Annette Nellen, a professor at San Jose State University and author at 21stcenturytaxation.com, said the questions concerning the taxation of cloud-based services stem from the fact that sales tax in many states is directly tied to the transfer of tangible property.
Donor churn is improving but charities are still losing three more donors each year than new and returning donors are giving to organizations. Less than half of donors supported the same charity two years in a row, according to a new survey.
Leaders who struggle with risk management might be able to attribute their difficulties to their own brains working against them. Diana Del Bel Belluz, founder and president of Risk Wise Inc., in Toronto, explained to attendees of the 2015 Risk Summit that the brain is capable of undermining success in risk management by overestimating or underestimating rewards, overestimating one’s ability to control risk, misaligning risk-reward tradeoff and allowing for self interest to take over organizational interests.
Yale University’s endowment earned an 11.5 percent investment return and grew to $25.6 billion last year. The university also had investment gains of about $2.6 billion for the year ending June 30, compared with $4 billion the previous year. The endowment returned 20.2 percent for the year ending June 30, 2014, when most university endowments averaged about 15.5 percent, according to the 2014 Study of Endowments.
The 25 staff members at Young Community Developers (YCD) drove about an hour and a half away from the organization’s San Francisco headquarters for an employee retreat in 2013. When they returned they had a new program.
Competitions and incentives can motivate Millennial employees in particular and inspire short-term engagement but in the long run, managers must show employees how their donation or volunteer hours make a difference, according to the 2015 Millennial Impact Report released today.
“Men Are From Mars, Women Are From Venus” wasn’t a best-selling book for nothing. Differences in gender abound in a variety of things and charitable giving is no different.
Read closely, because…
In the premiere episode of Raise & Engage, Danielle is joined by three straight-shooting nonprofit rock-stars: Jodi Smith of Sanford Health Systems, Veronica Brown of Chicago Public Library Foundation and Ali Burke of Southlake Regional Health Centre Foundation. The group talks organizational culture, problem employees, why its important to celebrate and how to shake things up this year and build a better more authentic team that gets stuff done!
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February 1, 2016Table Of Contents
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Vol 30 No. 3
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