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How Will Facebook's IPO Affect Charities? Print E-mail
Thursday, 02 February 2012 14:43
The social networking behemoth Facebook filed papers yesterday to raise $5 billion in its initial public offering (IPO) of stock.  This is good news for Facebook employees and their investors, but what does it mean for charities?  It depends on who you ask.

MSNBC ran a piece on this subject yesterday, and it suggested that this new influx of wealth to Facebook employees could mean big bucks for nonprofits.  Why?  Facebook has provided their employees with stock incentives over the years, and they will be able to use these to cash in on the IPO.  Experts like Rob Mitchell of Atlas of Giving told MSNBC that when individuals' personal wealth increases, it makes them more likely to want to start a philanthropic...
 
D.C. Nonprofit Sought Real Groundhog For Celebration Print E-mail
Thursday, 02 February 2012 10:04
We all heard what Punxatawney Phil had to say about the length of winter this year, but what did Potomac Phil have to say?

If you're wondering who Potomac Phil is, don't be alarmed, he's relatively new.  He's also not alive, but that's beside the point.  WTOP reported yesterday that Dupont Festival, a Washington D.C.-based nonprofit, was seeking a live groundhog for its first annual Groundhog Day celebration in Dupont Circle Park.

The nonprofit had already spoken with the D.C...
 
Garth Brooks Gets His Donation Back Print E-mail
Wednesday, 01 February 2012 12:26
An Oklahoma hospital has been ordered to pay $1 million to country singer Garth Brooks after failing to build a women's health center in honor of his late mother.

The details of the case were laid out in a story that originally appeared in the previous edition of NPT Weekly.  Brooks donated $500,000 to Yukon, Okla.-based Integris Canadian Valley Region Hospital with the understanding that the gift would help fund a women's health center named after his mother, Colleen...
 
February 1 Issue Of NPT Is Out! Print E-mail
Wednesday, 01 February 2012 09:39
The newest issue of The NonProfit Times is now out!  Here's a look at some of the stories you can expect to find in this month's issue:

Special Report
Executive Pay Inching Up: This report studies the trends in nonprofit executive pay over the past year.  All of this information comes from our 2011 Salary and Benefits Report.Articles
Blackbaud's Buying Spree Hits $431 With Convio Deal: Get the full details on the big merger between Blackbaud and Convio, including reaction from key...
 
Alabama Gives Day Expected To Generate Crucial Funding Print E-mail
Tuesday, 31 January 2012 15:05
With many states across the country having success with the Gives Day movement, Alabama has decided to join the fun for the first time.

The Montgomery Advertiser reported Sunday that the first annual Alabama Gives Day will begin on Thursday, Feb. 2.  Beginning at 12:01 a.m., Alabamians will be able to donate to charities via an online portal alabamagivesday.org.  More than 800 nonprofits within 12 categories are registered to participate in the event.  Among the participating...
 
Managing Nonprofit Diversity Conflict Print E-mail
Tuesday, 31 January 2012 09:29
Diversity has become the goal at every level of American life. Efforts to promote it have been rightfully applauded. Here's the real question: Are organizations correctly handling these efforts?

One reason people flock toward nonprofit jobs is the diversity in culture and the working backgrounds they support. There is a bigger lesson organizations missed if they are only promoting diversity for diversity's sake. In his book "The End of Diversity as We Know It," Martin R. Davidson argues that a...
 
The Role Of Technology In Philanthropy Print E-mail
Monday, 30 January 2012 12:55
The World Economic Forum, one of the largest gathering of business and political types, began last week in Davos, Switzerland.  Where there is talk of money, philanthropy will naturally become a central topic.

The New York Times wrote a blog post last Friday about a panel discussion at the forum on the role technology plays in philanthropy.  Hosted by the Victor Pinchuck Foundation, the program began with a discussion about "e-philanthropy," specifically mobile...
 
Sept. 11 Memorial's Executive Salaries Comes Under Fire Print E-mail
Monday, 30 January 2012 10:24
The last thing anybody expected was controversy at the September 11 Memorial and Museum at the World Trade Center.  But that's exactly what has happened after a former employee received a severance package.

The Wall Street Journal reported today that Joan Garner, former executive vice president of design and construction at the memorial, received $296,565 in compensation after leaving her position in May 2010.  That brought her total salary for the year up to $439,463...
 
Featured Nonprofit Job: Higher Education Research and Policy Analyst Print E-mail
Friday, 27 January 2012 11:02
Cross-Posted From Nonprofit Jobs

Looking for a nonprofit job in sunny Atlanta, GA?  The Southern Education Foundation (SEF) has just the position for you.

Effective immediately, SEF is looking for a highly motivated candidate to fill its brand new Higher Education Research and Policy Analyst role.  This position is being created to help expand SEF's ability to conduct research, analyze policy, and develop programming to improve access to college and degree completion...
 
Manassas City Council Stands By Nonprofit Funding Method Print E-mail
Friday, 27 January 2012 10:26
Despite a push for change, the Manassas City Councils has decided to stick with its current method of funding nonprofit and arts groups.

The Washington Post reported yesterday that the Council voted unanimously to keep its current funding method rather than switch to another that is used in Prince William County.  That system appoints a citizen panel to make recommendations on which nonprofit groups to fund and how much.  It has been under fire by groups like the Prince...
 
Examples Of Permitted Political Activities Print E-mail
Thursday, 26 January 2012 13:59
Nonprofit organizations are forbidden to participate in any activity that favors or opposes any political candidate, but that doesn’t mean they can’t be involved with politics at all.

While an organization can not intervene on behalf of a political campaign, it may undertake certain types of nonpartisan political activities. Yet even in these situations, organizations still need to tread lightly or risk the wrath of the IRS.

In her book “Good Counsel,” Lesley Rosenthal lists some...
 
Nonprofit Jobs On The Rise Print E-mail
Thursday, 26 January 2012 12:14
Cross-Posted from Nonprofit Jobs

A new study by Johns Hopkins University is giving job seekers yet another reason to flock towards nonprofit jobs.

The NonProfit Times wrote about the report from the Baltimore, Md.-based school that showed that jobs in the nonprofit sector increased an average of 2.1 percent from 2000 to 2010, while for-profit jobs decreased by an average of 0.6 percent annually.  This trend even held up during the height of the Great Recession (between 2007 and 2009)...
 
Global Fund Gets Major Gift From Gates Foundation Print E-mail
Thursday, 26 January 2012 10:42
These are tough economic times we live in, but philanthropic organizations are still willing to give big money to causes that improve the lives of people in need.

That was the key message that Bill Gates sent when his organization, the Bill & Melinda Gates Foundation, committed $750 million to the Global Fund to Fight AIDS, Tuberculosis, and Malaria.  The major gift came in the form of a promissory note, a new funding mechanism that allows an organization to distribute funds...
 
Contract Law Basics Print E-mail
Wednesday, 25 January 2012 13:32
Contracts can be intimidating things to nonprofits.  Once you put your signature on that piece of paper, it seems like the whole world changes.  Everything you do from that point on must be weighed carefully.  They sure can be a hassle, but contracts are necessary to allow organizations to get the resources they need to carry out their programs.

Every nonprofit program is different, but they all have at least one thing in common: Concern with contract law.  Contracts...
 
Romney's Tax Returns Shed Light On His Giving Print E-mail
Wednesday, 25 January 2012 10:43
One of the big issues that had surrounded GOP presidential hopeful Mitt Romney was his tax returns.  Romney was under intense pressure to release them and he said they would be available in April.  After a loss in the South Carolina primary last week, he decided he would hasten that schedule.

The NonProfit Times took a look at Romney's tax payments and found that he had given more to charitable organizations ($7 million) than he paid in federal income taxes ($6.2...
 
Planning The Hiring Process Print E-mail
Tuesday, 24 January 2012 15:07
After much debate, your organization has identified the area that needs help and has posted the corresponding advertisement to an online job board.  Now what?

There's a lot of work ahead of you while you wait for qualified applicants to apply.  One of the things you can do to make this work a little less painful is to lay out a hiring process.  In his book "Nonprofit Management 101," Darian Rodriguez Heyman says having such a plan is essential to evaluate candidates.  He...
 
Nonprofit Volunteer Accused Of Embezzling Print E-mail
Monday, 23 January 2012 13:06
Volunteers are great help for any nonprofit, but one California-based nonprofit is dealing with an issue that highlights the need for strong vetting of potential workers.

Elizabeth Lower is accused of embezzling around $25,000 from Empty Cradle, according to a report from Channel 10 News San Diego.  A member of the organization, which helps families deal with the loss of children, spoke to the station about the situation, which took the nonprofit by surprise.  Lower first came to...
 
Webinar: Moving Nonprofit Financials To The Cloud Print E-mail
Monday, 23 January 2012 10:45
When someone talks to you about the cloud, is your first thought to look into flight courses?  If that's the case, you might want to attend our upcoming webinar.

The NonProfit Times and Intacct are proud to host a free webinar on February 14th.  It's called "Moving Your Nonprofit Financials to the Cloud: The Do's and Don'ts," and it's a must-attend event for any organization looking into this new technology.

As a nonprofit organization, your accounting needs are more challenging...
 
Conducing A Job Analysis Print E-mail
Monday, 23 January 2012 09:25
Cross-Posted from Nonprofit Jobs

How well do you know the jobs at your nonprofit? Even if you think you have it all covered, it's important to undergo a thorough analysis of the positions at your organization.
 A job analysis identifies and describes what is happening in the jobs at a nonprofit. All organizations must undergo this process, as it helps to differentiate job and performance requirements based on job content, specifications, and working conditions. All of this information...
 
"Soft Asking" To Upgrade Donors Print E-mail
Friday, 20 January 2012 13:17
Upgrading donors can be quite a dilemma for nonprofit organizations.  On one hand, donors might want to become more engaged with an organization, but donor fatigue can set in if they receive too many mailings.  This is where the idea of "soft asking" comes into play.

In an article that recently appeared in The NonProfit Times, we looked at how the National Baseball Hall of Fame (NBHF) used this process when upgrading donors.  Instead of asking donors to upgrade their...
 
After Bankruptcy, Kodak's Philanthropy At Risk Print E-mail
Friday, 20 January 2012 10:24
Kodak, one of America's oldest film companies, recently filed for bankruptcy.  It's unclear what's to come in the company's future, but one thing was made clear: Some difficult choices are in the cards for the company's philanthropic efforts.

Channel 13 WHAM in the Rochester area reported yesterday that because of the bankruptcy, Kodak was likely to scale down their corporate philanthropy.  The company had written on its website that "in the...
 
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