News & Articles
It’s often said that nonprofits run several years behind the technology curve of the for-profit world. Technology often means risk, and risk for a nonprofit manager doesn’t always pan out. With limited dollars, nonprofits have to be extremely careful about money spent on technology. Hence the reason so many nonprofit Web sites are typical brochure sites with nothing more than a mission statement, contact information and zero interactivity.
Seven out of 10 people who responded to a survey strongly support grassroots lobbying disclosure, according to a results released by OMB Watch, a Washington, D.C. watchdog group.
Almost one out of three charities in a study by the Internal Revenue Service (IRS) had to amend their Form 990 to accurately reflect executive compensation, in addition to more than $21 million in proposed excise tax assessments against 40 individuals at 25 organizations.
Charitable contributions to colleges and universities in the United States grew by 9.4 percent during 2006, reaching $28 billion. Endowments, buildings, and equipment were the top targets for donors. As usual, gifts to fund operating expenses lagged with donors.
However, while the total dollar amount given by alumni increased, the percentage of alumni making gifts declined.
Furry awards shows, hand-me-down couture, a desperate housewife,and… port-o-potties? If this past year was any indication, nonprofits eschewed the same-old, instead running with the unexpected for their 2006 holiday fundraising campaigns.
When you think titans of the financial world, where cigars are lighted with $100 bills, you think New York City, Washington, D.C., Los Angeles and other major metropolitan cities.
I settled into a chair in front of my computer on the morning of December 8, dusted off my credit card, cracked my knuckles, and proceeded on a journey that has taken me through 66 charities, three time zones, and what seemed like a million unanswered questions.
A member of the U.S. House of Representatives has signed-on to head a permanent bipartisan caucus on philanthropy while two senators have introduced legislation to allow IRAs to be used for charity as the nonprofit sector again becomes a focus of some members of Congress. Companion legislation was also introduced in the House.
The Council on Foundations is spearheading a movement with the U.S. House of Representatives to form the first-ever Congressional caucus dedicated to the nonprofit sector. Although no official statement has been made about the scope of the caucus, some in the sector are already concerned that the focus might be too narrow.
There’s no such things as innocently granting money these days, especially since the September 11 terror attacks. The U.S. Department of the Treasury recently issued revised Anti-Terrorist Financing Guidelines designed to help domestic exempt organizations avoid having their resources diverted for terrorist purposes. These guidelines are an updated final version of those released in 2002 and include public comments.
Despite the more than five years and change that sit between September 11, 2001 and today, everybody in the sector remains concerned to a degree about terrorism, whether it’s organizations funding terror acts under the guise of a charity, rising insurance and transportation costs, or simply completing the mission of the organization in conflict areas.
Responding to the increased violence and political unrest in the many nations where they work, Save the Children and other international charities continued their ramped up security measures into 2007, at a mounting cost of time and money.
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