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Save Dollars on Your Brokers Commissions...

As chief financial officers struggle with a nonprofit’s finances they would probably like getting back some of the money they spend just to coordinate the funds. That’s just what the Goodspeed Opera House Foundation in East Haddam, Conn., has been doing. A portfolio of $7 million in trading brings back around $15,000 a year consistently […]

Leaders Need Guts, Cooperation...

As Fred Grandy left his job as president and chief executive officer of Goodwill Industries International he seemed a bit frustrated. While progress certainly was made at the Bethesda, Md.-based organization during his five years, much larger, sector-wide issues weighed on his mind. "I always thought that if organizations have the opportunity to band together […]

NPO Leadership a Revolving Door...

When Peter Goldberg became part of a group called "the Leadership 18" in January 1994, he found himself among an elite group of the heads of some of the country’s leading health and human services organizations. Back then, people like the late Thomas Garth of Boys & Girls Clubs of America, Tom McKenna of Big […]

Special Report-Planned Giving 2...

Endowments mean endurance for the long-distance runners of the nonprofit world, a planned giving expert explained. "Slow and steady wins the race," said Philip M. Purcell, director of the Planned Giving Resource Center for the Central Indiana Community Foundation in Indianapolis. "In the nonprofit world, it’s a marathon." Purcell made his comments during a session […]

Special Report-Planned Giving...

Can a nonprofit really cash in on a divorce by using a charitable remainder trust (CRT) as a way for a donor to pay alimony? According to Joseph O. Bull, director of planned giving for Ohio State University in Columbus, the answer is yes. During the recent 13th annual National Conference on Planned Giving in […]

NPO Workers Taking More Unscheduled Days Off...

Workers at nonprofits are racking-up more unscheduled absences than their for-profit counterparts. While the overall rate of workforce unscheduled absences dropped last year, to 2.1 percent, the number of unexcused absences at nonprofits hit approximately 2.8 percent. According to yearly studies of the health, education and government sectors of the United States workforce conducted by […]

Tax Implications Stall Partnership Stock Gifts...

William P. Carey, founder of the W.P. Carey Foundation and trustee for Johns Hopkins University, has donated millions to support the work of nonprofits, especially those that do work for education and the arts. But Carey, who has sought to donate shares in his company rather than money, believes the Unrelated Business Income Tax discourages […]

Museum Goes Solar to Enlighten Patrons...

A partnership of regional funders has financed 280 solar panels for the roof of the Peggy Notebaert Nature Museum in Chicago, the first of the city’s nine major museums to attempt to harness solar power. The effort to encourage alternative energy use is from the Chicago Department of Environment, a solar firm called Spire Solar […]

Web Sites grab More Than Cookies From Kids...

When PBS Kids conducts an online contest, and it is a rare occasion, the organization obtains a verifiable permission slip, nonelectronic, from the parent. "PBS Kids seeks to provide the tools that caregivers and kids can use to make empowered decisions in regard to their privacy on our Web site. We have a page called […]

Study Shows Big Hike in Planned Giving...

Personal visits and aggressive distribution of publications have helped charities see an increase in charitable bequests and charitable remainder trusts. And, according to Planned Giving in the United States 2000, a survey of 170,000 households in the United States, 45 percent of donors first hear about charitable bequests from a charity. The study was funded […]