Your organization’s board of directors might be affable and effective, challenging, or down-right difficult, but love it or not, it has a role to play in grants administration. “The board’s responsibility to oversee the financial and legal operations of your nonprofit place it at the epicenter of post-award management,” said Barbara Floersch, chief of training […]

Faced with hundreds, if not thousands, of potential lawsuits regarding alleged sexual abuse of members, the Boy Scouts of America (BSA) has filed for Chapter 11 bankruptcy to restructure the national organization. The Irving, Texas-based national organization made the announcement this morning. Several hundred local councils are separate, independent 501(c)(3) tax-exempt organizations and did not […]

Ripped from news headlines, whistleblower is a phrase you can’t avoid. It is front and center at the impeachment hearings in Washington, D.C. The charitable sector has had a flurry of whistleblower situations the past two years. The Silicon Valley Community Foundation, the American Red Cross, the Humane Society of the United States and Oxfam […]

More than $74 million in flexible grants was awarded to 239 nonprofits that are members of the national NeighborWorks network. This fiscal year (FY) 2020 grant funding (appropriated through Public Law 116 – 94, the Further Consolidated Appropriations Act, 2020) will provide the organizations with resources to further NeighborWorks America’s vision of making every community […]

Being on a board connotes status. Board members help solve community issues. Board members help senior managers at organizations take risks. It’s that last thing that can get them sued. Follow the tips below to manage the risk of board liability and reduce the exposure of board members to legal claims and judgments, according to […]

BlackRock, Inc. has made a charitable contribution of its remaining 20 percent stake, 15.6 million shares, of PennyMac Financial Services, Inc., with a market value of $589 million, to fund the firm’s social impact efforts to advance a more inclusive and sustainable economy. The contribution will provide long-term funding for the firm’s future philanthropic investments […]

The golf fundraiser is an ideal avenue for outreach and stewardship, and given the sport’s tendency to attract affluent businesses professionals, it’s a huge opportunity to fundraise and forge or advance corporate partnerships. Here’s what you need to know to maximize your outing’s sponsorships and raise more dollars for your cause. APPROACH THE RIGHT BUSINESSES.  […]

The nation’s largest foundations invest, on average, between 9 and 14 percent of assets with women- or minority-owned investment firms, according to a new report. “Diversity of Asset Managers,” a study released by The John S. and James L. Knight Foundation, assesses representation of women and racial or ethnic minorities among investment firms used by […]

Software-as-a-Service payments provider iDonate received an infusion of $8.7 million in equity funding to further its growth in 2020. Financing will allow the Plano, Texas-based company to fully integrate iDonate Payments into its core platform, supporting new technologies like Apple Pay and Google Wallet, as well as international payment processing. The funding also will accelerate […]

Google’s donation app, One Today, shut down after almost seven years, effective Feb. 6. In an email to users on Jan. 27, Google announced that One Today had been losing users in recent years. New nonprofits are no longer able to sign up for the app, which will be turned off, and any open projects […]

Nonprofit managers can take a cue from the more than 20 people who at one point were running for the Democratic nomination for President of the United States. Some of those candidates are still running but nobody knows them despite months of work. The same can be true of charities. There are more than 1,000 […]