News & Articles

Federal Tax Bill Targets Deductions, Endowments, Lobbying

November 2, 2017       Andy Segedin      

The year of speculation is over. Nonprofit leaders finally know what proposed tax reform will mean for the sector and the earlier reports look grim, with estimates predicting that a doubled standard deduction without a universal deduction will, alone, lead to a $13 billion loss in giving.

2017 NPT 100: Program Service Revenue And Donors Do The Heavy Lifting

November 1, 2017       Mark Hrywna      

The nation’s largest nonprofits had continued revenue growth last year not only from increased giving from the public but also fees and revenue derived from their programs. The ups-and-downs of the stock market knocked around some portfolios but nonprofits generally still were in the black when it came to gains.

Study: Most Nonprofits Lacking In Leadership, Management

November 1, 2017       Mark Hrywna      

Four of five nonprofits struggle with leadership and management issues and only 11 percent are prepared to scale for optimal impact, according to a new survey of more than 3,000 executives, staff, board members and donors.

Live From IS: Independent Sector Launches Upswell

October 26, 2017       Paul Clolery      

DETROIT — Independent Sector (IS) is repositioning its national conference and replacing it with a gathering called Upswell, relying on local, state and national individuals to embed in a community and to spread what has been learned to a national audience.

AFP Ends 16-Month CEO Search

October 25, 2017       Mark Hrywna      

The Association of Fundraising Professionals (AFP) stayed within the Beltway and association space to find its new president and chief executive officer. Effective Nov. 1, Mike Geiger will be the new president and CEO at the Arlington, Va.-based organization, which has been led by an interim CEO for nearly a year-and-a-half.

Fundraisers Face Steep Year-End Climb

October 23, 2017       Andy Segedin      

Overall giving was down 6 percent through the first half of 2017 as compared to 2016 as 5 percent fewer donors gave as compared to the first six months of last year. The slow start has placed organizations across the country in a hole that only an epic year-end campaign can dig out.

NAACP Picks New CEO, Plans To Create (c)(4) Organization

October 23, 2017       Mark Hrywna      

The National Association for the Advancement of Colored People (NAACP) elected Derrick Johnson as its next president and CEO, with a priority of creating  a national 501(c)(4) social welfare organization to oversee local affiliates. Johnson was elected vice chairman of the board of directors in February and was appointed interim president and CEO in July. He will have a three-year contract.

FASB Deadline Nears On Accounting For Contributions Received and Made

October 19, 2017       Patricia McGowan and Catherine Syslo      

The Financial Accounting Standards Board (FASB) wants to improve and clarify guidance on revenue recognition of grants and contracts by nonprofits and is seeking comments and guidance on the topic.

Sage Intacct Partners With GuideStar

October 18, 2017       NPT Staff      

Sage Intacct, a cloud-based financial management software company, will team with nonprofit data resource, GuideStar. The exclusive relationship, announced during Sage Intacct Advantage 2017 in Las Vegas, Nev., has resulted in the new Sage Intacct Nonprofit Financial Board Book Powered by Guidestar.

Las Vegas Relief Tops Eight Figures

October 18, 2017       Andy Segedin      

A GoFundMe campaign dedicated to the Las Vegas Victims’ Fund stands at just shy of $11 million as of Wednesday morning while other million-dollar fundraising efforts are ongoing throughout the city. The estate of Stephen Paddock, who allegedly opened fire on a crowd of concert goers on Oct. 1 killing 58 and wounding 500 others, might also be made available. Multiple media outlets have reported that Paddock, believed to be a millionaire, will have his assets placed in a trust for those impacted by the shooting.