November 28, 2011


NPT WEEKLY e-NEWSLETTER November 28, 2011
 
In This Issue:
Reply Devices Account For At Least $400M In First Class Postage

Finance...5 practices for securing your investments

Management...Beginning the collaboration process

Human Resources...3 key fundraising staff retention facts

Job Posting of the Week
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More than 86,000 nonprofits are now using GoodSearch.com and GoodShop.com to earn funds with virtually every search of the web and purchases at 1,300 top stores! 100 new nonprofits are joining daily! Success stories include:
- The ASPCA has earned $31,000
- The Cystic Fibrosis Foundation has earned $12,000
- Save Darfur has earned $11,000

Read more about GoodSearch and GoodShop in the NY Times, Oprah Magazine, CNN and more..


Reply Devices Account For At Least $400M In First Class Postage

By Mark Hrywna

Mail sent by only a handful of some of the largest charities generates almost $400 million in First Class postage revenue for the United States Postal Service (USPS), according to a survey by the Direct Marketing Association Nonprofit Federation (DMANF).

In response to federal legislation that would phase out nonprofit postal discounts, DMANF surveyed members on the impact that nonprofit mail has on First Class mail volume. The 18 respondents to the survey sent 325 million pieces of nonprofit mail, which in turn generates 8.7 million pieces of First Class reply pieces that provide approximately $390 million in First Class postage to USPS.


This webinar will help you learn to recognize and identify risks your company may or could potentially be facing. We'll examine internal controls you can implement to mitigate risk and build solutions to manage them effectively.


Finance...
5 practices for securing your investments

Although there is no crystal ball or fortuneteller who can say how well your investments will fare, there are certainly mechanisms that can help. Learning from the global financial crisis in 2008, investment managers have understood planning for the long term helps secure cash for the short term.

During the 2011 American Institute of CPAs (AICPA) Not-For-Profit Financial Executive Forum in San Francisco, Calif., Kristi Bieber-Gibbs, senior consultant at Ellwood Associates, offered five best practices when stewarding investments:


Management...
Beginning the collaboration process

The old adage “two heads are better than one” usually holds true. But how do you decide which “head” with which to collaborate? Nonprofits face the same problems as they search for potential partners.

During the American Institute of CPAs (AICPA) Not-For-Profit Financial Executive Forum in San Francisco, Calif., Scott H. Spiegel, CPA, chief financial officer of AICPA, offered his own suggestions on how to identify the correct partners.


Human Resources...
3 key fundraising staff retention facts

Heavy staff turnover can be costly, as any manager knows. This fact can be especially apparent when it comes to fundraising staff. Not only is the work they do very valuable, but also replacing them can be expensive, and the time during which they are gone can be a period of lost fundraising opportunity.

So, what can be done to hire, train and retain effective fundraisers?

Speaking during the Association of Fundraising Professionals (AFP) International Conference on Fundraising, Penelope Burk, president of Cygnus Applied Research, Inc., said that much of the answer to that question lies in being aware of certain facts about fundraisers.

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