News & Articles
A $350-billion student loan relief proposal by the current front-runner for the Democratic presidential nomination will look familiar to charities. Hillary Clinton, who leads Democrats for the 2016 nomination, this week unveiled the “New College Compact,” a plan that aims to make college tuition more affordable, including tuition-free two-year colleges, and make student loan debt less onerous.
It would be easy for nonprofit management to ignore the requirements associated with employee benefit plans, such as retirement plans. Easy, but very mistaken.
If there’s one thing that unifies people young and old, it’s cat pictures. That’s why Social Security Works (SSW) employs Cat Actuary. It’s not an actual feline financial whiz, of course, but a light-hearted meme the organization uses to spice up conversations that can get pretty serious.
“We had luminaries, hors d’oeuvres, a prestigious venue and a painfully small audience.”
Blackbaud continues to expand into the K-12 private school market announcing the acquisition of Smart Tuition for $190 million. It’s the largest of three acquisitions for the Charleston, S.C.-based software and service provider to nonprofits since hiring a new president and CEO less than two years ago.
Nonprofit managers might need to budget more for salaried employees if a proposed rule to extend overtime eligibility is finalized. The new rule, announced recently by the U.S. Department of Labor (DoL), would amend the Fair Labor Standards Act (FLSA) to allow more salaried employees to be paid for work done beyond the standard 40-hour week.
The Charity Defense Council (CDC) opened what appears to be its first major front in the war on overhead.
New donors declined by 11 percent and new donor revenue dropped by $11.3 million in the first year that American Cancer Society (ACS) paused its direct mail acquisition program. Over five years, the hiatus would have had a projected impact of $29.5 million to the organization.
Charity Navigator has tapped a former Microsoft executive to become its third chief executive in its nearly 15-year history.
A local busload of students, on their way home from a high school game, was “t-boned” by a truck. Most of the injured were members of families with bottom-end incomes. So the appeal for funds to help cover medical costs centered on humanization of help.