News & Articles

Donor Protection, Privacy Central To New Court Filing

January 30, 2017       Mark Hrywna      

The Philanthropy Roundtable filed an amicus brief Friday in a case challenging the California attorney general’s requirement that nonprofits disclose major donors in their annual registration filings.

N.Y. Amends Nonprofit Revitalization Act

January 30, 2017       Mark Hrywna      

New York’s Nonprofit Revitalization Act was hailed as a landmark overhaul when it was passed in 2013. Three years later, Empire State lawmakers revised certain aspects of the law regarding independent directors, related party transactions and audit committees.

Harvard Not Hedging, Will Cut Investment Staff

January 26, 2017       Mark Hrywna      

The investment management arm of Harvard University plans to make sweeping changes, cutting about half of the 230 staff by the end of the year and outsourcing the functions to outside managers. It also will shift from a silo investment approach to a generalist investment model focused on the overall endowment.

‘Mission’ Vital But Dangerous Prompting Name Change

January 26, 2017       Andy Segedin      

The Mission Society is now TMS Global, a pivot aimed both at fitting the organization’s desire to work into least-reached areas of the world and protecting its missionaries while doing so.

Nonprofits Using H-1B Visa Program Face Uncertainty

January 25, 2017       Julius A. Karash      

The H-1B visa program is “certainly is a tool that is necessary to get foreign nationals into the U.S. to be able to conduct research,” said Wayne Carter, president & CEO of Kansas City Area Life Sciences Institute (KCALSI) in Kansas City, Mo. “We hope there is no change. We’re going to be watching the administration to see how things develop.”

Channeling the Wants and Needs of Users, What Does the Future Hold for Nonprofit Accounting?

January 23, 2017       Andy Segedin      

In the beginning there was heaven and earth. Things like water and light took a little while longer. Nonprofit accounting software providers find themselves somewhere in the middle of the tech week of creation.

Hearing Pending after Judge Blocks New Overtime Rules

January 20, 2017       Mark Hrywna      

A federal judge in Texas granted a preliminary injunction blocking implementation of the U.S. Department of Labor’s new overtime rules affecting exempt and non-exempt employees just a week before they were set to go into effect on Dec. 1.

Budget Cuts Might Hit Less Obvious Social Services

January 19, 2017       Paul Clolery & Mark Hrywna      

Among the priorities for President-Elect Donald Trump once he’s inaugurated on Jan. 20 has been repeal or replacement of the Affordable Care Act (ACA), which would mean huge changes, as well as tax reform, particularly aimed at lowering corporate tax rates and those for high-income individuals. There’s also the typical concern for charities that cuts in federal funding will hit social services.

BoardSource: Calculating Costs Is Just The Start

January 19, 2017       Andy Segedin      

As watchdog groups, government agencies and donors take closer and closer looks at organizational expenses and the portion of contributions going toward missions, fundraising efficiency has become as important as ever. Simple means of measuring such efficiency is not cut and dried, however.

Measuring Impact Of Charitable Cash Transfers

January 19, 2017       THE NONPROFIT TIMES      

Undoubtedly you have given cash to someone in need but later wondered, “Did that person buy something to eat or just spend the money at the nearest liquor store?”