Members Of Congress Opening Wallets During Closed Government

January 4, 2019       NPT Staff      

The ongoing partial federal government shutdown could be a boon to some charities. Several members of Congress have pledged their salaries to charities during the shutdown. A member of the U.S. House of Representatives or U.S. Senate typically earns $174,000 per year (which works out to about $725 per day, based on a five-day work week, not counting holidays).

Blackbaud Buys YourCause For $157 Million

January 3, 2019       Mark Hrywna      

Blackbaud has purchased corporate social responsibility and employee engagement software YourCause for approximately $157 million. The acquisition closed yesterday.

TechSoup Lands $4 Million Loan, Launches Public Offering

December 28, 2018       Paul Clolery      

TechSoup, a leading nonprofit facilitator of technology solutions to non-governmental organizations (NGOs) globally, has secured a $4-million loan from Nonprofit Finance Fund (NFF) to support expansion of its global distribution network to bring software, hardware, services, and content to civil society organizations.

FASB Proposes Update To Nonprofit Accounting Rules

December 26, 2018       Paul Clolery      

The Financial Accounting Standards Board (FASB) set a Feb. 18, 2019 deadline for comments on a proposed accounting standards update (ASU) on how nonprofits handle goodwill and measure some intangible assets.

Canadian Mail Strike Backs Up Holiday Appeals, Donations

December 21, 2018       Mark Hrywna      

Canadian charities approached their busiest time of year with an added challenge: a series of rotating strikes by Canada Post that started in October, delaying mail across the Great White North by almost 30 days.

Nonprofits Unimpressed With Facebook’s Civil Rights Audit

December 18, 2018       Paul Clolery      

Facebook released a civil rights audit of the platform the day after 32 nonprofits wrote a letter, also released to the public, protesting the social media giant’s “role in generating bigotry and hatred toward vulnerable communities.”

Putting The “Crowd” In Crowdsourcing

December 18, 2018       The NonProfit Times      

Just like your Thanksgiving plate is more than just turkey, your fundraising is comprised of more than just individual donations. Diversifying your fundraising with crowdfunding provides the “fixings” for your holiday plate and revenue growth for your organization.

Trump Foundation Agrees To Dissolve

December 18, 2018       Mark Hrywna      

The Donald J. Trump Foundation has agreed to dissolve under the supervision of the New York Attorney General’s Office. The foundation would distribute its remaining assets within 30 days.

Save the Children Hacked Twice In 2017

December 14, 2018       Paul Clolery & Mark Hrywna      

Save the Children Federation was hit twice by cyber-scammers, according to the organization, with crooks getting away with more than $1 million. Much of the loss was recovered via insurance coverage.

Boy Scouts Latest To Seek Protection After Sexual Abuse Lawsuits

December 13, 2018       Mark Hrywna      

Boy Scouts of America (BSA) is considering seeking Chapter 11 bankruptcy protection in the face of continuing litigation regarding sexual abuse claims, according to a report.

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