Wednesday, August 26, 2015

How to Shutter a Nonprofit: One Example and Some Tips | Nonprofit Quarterly

How to Shutter a Nonprofit: One Example and Some Tips | Nonprofit Quarterly: "The storyline of this particular closing will not be unfamiliar to many of our readers. The founder was ready to step down and the co-founder did not want to be the executive director. After a search, a new ED was hired, but was not a good match for the organization and left. After considering options like continuing the search or coming up with creative solutions to continue in some other form, the board decided to pursue an orderly closing process because its members did not believe that a nonprofit, or at least this nonprofit, should continue indefinitely."



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Opinion: Requiring Colleges to Spend More From Their Endowments Would Be Bad for All Nonprofits - The Chronicle of Philanthropy

Opinion: Requiring Colleges to Spend More From Their Endowments Would Be Bad for All Nonprofits - The Chronicle of Philanthropy: " effect, Professor Fleischer’s proposal is a recipe for shrinking the size of endowments altogether in the not-so-long term. He might rather like that idea, in fact, given the extent to which he criticizes investment funds and their managers, who, he implies, receive ill-gotten and outsize gains for their work. But populist envy is not a substitute for prudent financial stewardship, and relative stability and incremental gains in endowment assets simply can’t be assumed to be inevitable."



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Remember the Ice Bucket Challenge? Here’s What Happened to the Money | Money.com

Remember the Ice Bucket Challenge? Here’s What Happened to the Money | Money.com: "One year ago, icy water inundated the Internet in what may have been the online equivalent of the largest chain letter ever—the ALS Ice Bucket Challenge. In endless autoplaying Facebook videos, people hoisted buckets filled with ice water, announced their philanthropic intentions, and upended the buckets over their heads. Breathless, they would nominate a few friends, demanding that they do the same upon penalty of a charitable donation to ALS."



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Tuesday, August 25, 2015

Survey: Education Fundraising Up 5% For 2015The NonProfit Times

Survey: Education Fundraising Up 5% For 2015The NonProfit Times: "Fundraisers at schools, colleges and universities in the United States estimate that donations to their institutions grew 5.1 percent during the academic year that ended June 30, according to survey results released this month by the Council for Advancement and Support of Education (CASE).

Conducted twice a year, the CASE Fundraising Index (CFI) survey asks educational fundraising professionals to estimate the level of charitable giving to their institutions for the 12-month period just ended and to predict the level for the 12 months ahead. In addition to fundraising estimates for colleges and universities, the CFI includes estimates for pre-collegiate independent (private) schools."



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Foundation Figures in Fight Over Helen Gurley Brown's Legacy - The Chronicle of Philanthropy

Foundation Figures in Fight Over Helen Gurley Brown's Legacy - The Chronicle of Philanthropy: "The New York Times explores connections between Helen Gurley Brown's foundation and controversies over control of the late Cosmopolitan publisher's legacy and her valuable Manhattan apartment.

The article details the handling of Ms. Brown's philanthropy and other posthumous affairs by Eve Burton. "



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Opinion: No Gift Should Be a Suicide Pact — So Drop the Perpetuity Idea - The Chronicle of Philanthropy

Opinion: No Gift Should Be a Suicide Pact — So Drop the Perpetuity Idea - The Chronicle of Philanthropy: "hus, the debate among the students in my classroom: Is everything for sale at a charity? And what about that pesky phrase "in perpetuity," which has a meaning until, apparently, enough money comes along, and then it doesn’t.

Charities, it can be argued, are more than mere legal entities. They have a purpose unaddressed by either government or business and, as a result, occupy an otherwise unfulfilled position in society."



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IoF Convention to move to Barbican after 10 years at London Metropole

IoF Convention to move to Barbican after 10 years at London Metropole

Warning to All Grantseekers: When Markets Tank, HOLD That Request! - PhilanTopic | PND | Foundation Center

Warning to All Grantseekers: When Markets Tank, HOLD That Request! - PhilanTopic | PND | Foundation Center: "You can't time markets but you can time grant requests. So when newspapers scream: "Massive sell-off on Wall Street as investors fear China slowdown" (New York Post), you should think twice before asking a foundation for money."



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Monday, August 24, 2015

Biogen taps ice bucket cash to build ALS database - FierceBiotechIT

Biogen taps ice bucket cash to build ALS database - FierceBiotechIT: "Biogen ($BIIB) is working with Columbia University Medical Center to build a database of genes and clinical traits from 1,500 people with amyotrophic lateral sclerosis (ALS). The project, which is partly funded by cash raised in the Ice Bucket Challenge, is intended to help Biogen understand how genes contribute to different forms of ALS."



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Minnesota Media Chided for Coverage of MN Orchestra Musicians’ Raises | Nonprofit Quarterly

Minnesota Media Chided for Coverage of MN Orchestra Musicians’ Raises | Nonprofit Quarterly:



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Charity Helps Florida Students Get Dressed To Head Back To School | StateImpact Florida

Charity Helps Florida Students Get Dressed To Head Back To School | StateImpact Florida: "There are only two branches in Florida, both in Polk County. One is in Bartow, and the Lakeland branch — founded in 1935 — is celebrating its 80th anniversary. Many of the volunteers have mothers or grandmothers who raised money for Needlework Guild."



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The AFP Blog: Board Engagement Beyond Fundraising

The AFP Blog: Board Engagement Beyond Fundraising: "Board Engagement Beyond Fundraising
We’re fundraisers. Our goal is to inspire people to engage with our charities, typically leading to gifts of money and time.

But that engagement can lead to other important activities as well—such as advocacy and lobbying. We cannot forget the impact that public policy can have on our organizations, and in turn, the impact of grassroots support from our donors and supporters."



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Friday, August 21, 2015

Portland State University tantalized by $100 million gift that vanished | OregonLive.com

Portland State University tantalized by $100 million gift that vanished | OregonLive.com: "ortland State had invited Gov. Kate Brown and Portland Mayor Charlie Hales to a Tuesday morning news conference announcing the unrestricted contribution by a man described as a former student. The gift would have almost doubled the school's endowment and supported students, faculty and research.

But the festive mood on the South Park Blocks soured when the would-be benefactor did not deliver. Two days after the planned announcement, the $100 million windfall still hasn't materialized in the PSU Foundation's bank account."



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Large University Endowments and Investment Fees Under Fire | Nonprofit Quarterly

Large University Endowments and Investment Fees Under Fire | Nonprofit Quarterly:



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Katrina 10 vs. Katrina Truth: Sharply Contrasting Visions of the New Orleans Recovery | Nonprofit Quarterly

Katrina 10 vs. Katrina Truth: Sharply Contrasting Visions of the New Orleans Recovery | Nonprofit Quarterly:



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Report: Boston 2024 Significantly Underestimated Costs of Hosting Olympics | Nonprofit Quarterly

Report: Boston 2024 Significantly Underestimated Costs of Hosting Olympics | Nonprofit Quarterly:



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Thursday, August 06, 2015

Senate Report Cites I.R.S. Mismanagement in Targeting of Tea Party Groups - The New York Times

Senate Report Cites I.R.S. Mismanagement in Targeting of Tea Party Groups - The New York Times: "ASHINGTON — A Senate committee on Wednesday closed a two-year investigation with unanimous agreement that mismanagement at the Internal Revenue Service led it to improperly target conservative groups seeking tax-exempt status. But a report by the panel did not suggest that any laws were broken, and Republicans and Democrats were divided over whether White House politics was behind the problems."



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Live From DMA: Direct Mail Hiatus Cost ACS $30 MillionThe NonProfit Times

Live From DMA: Direct Mail Hiatus Cost ACS $30 MillionThe NonProfit Times: "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. The hiatus had an impact of $29.5 million over five years."



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School Fundraising a Billion-Dollar Business - NonProfit PRO

School Fundraising a Billion-Dollar Business - NonProfit PRO: "The school year’s opening bell has yet to ring, and already a multitude of children are preparing to sell candy bars, cookie dough and coupon books.
School fundraising season is here, with children and their parents pitching family, friends and cornered co-workers to support everything from cheerleading competitions to new band uniforms."



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Record Donations to Scholarship Programs Boost School Choice in Arizona | Heartlander Magazine

Record Donations to Scholarship Programs Boost School Choice in Arizona | Heartlander Magazine: "Two Arizona tax credit scholarship programs reached their funding cap limits within a week of each other in early July.

The programs expand school choice for Arizona children who may not otherwise have the opportunity to attend private schools."



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The Price of Nonprofit Debt | Nonprofit Quarterly

The Price of Nonprofit Debt | Nonprofit Quarterly: "Nonprofits have as many opportunities as anyone else to make fatal or at least seriously hobbling errors when it comes to the details of debt transactions and the projections on which they are based. The New York Times reported (for instance) that Cooper Union in New York City “borrowed $175 million for 30 years at a rate of 5.75 percent and then spent most of the proceeds on a lavish new building while continuing to run operating deficits. It also agreed to a prohibitively expensive prepayment penalty, making it financially impossible to extricate itself from the terms of the loan.”2"



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Why Venture Philanthropy Is the Future of Giving - PhilanTopic | PND | Foundation Center

Why Venture Philanthropy Is the Future of Giving - PhilanTopic | PND | Foundation Center: "Venture philanthropy makes nonprofits stronger, more sustainable, and more efficient at delivering impact, so that they in turn can help more of the vulnerable and at-risk. Although the concept has been around for years — in the U.S., there has even been discussion of whether venture philanthropy has peaked — it has yet to reach its full potential in Canada. Instead of simply providing cash grants to charities, nonprofits, and social enterprises, venture philanthropy invests in their business structure to help them grow and function more effectively. It's the difference between giving someone a fish and teaching him/her to fish."



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Wednesday, August 05, 2015

How to Curate a Whole New Audience | npENGAGE

How to Curate a Whole New Audience | npENGAGE: "The event routinely sells out, and this month was no different. The team at Thinkery has done an excellent job in getting the word out in all the right publications (Austin’s Culture Map, Austin’s Social Planner, among others) since they launched this innovative idea in December 2013.  The event is definitely a hit, and Thinkery has enjoyed increased revenue, an expanded audience, and an increase in their supporter base.
How can you explore doing something similar at your museum? I asked the team for tips on how they implemented Thinkery21 – check it out:"



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Museum Staff Diversity Report Shows Women Poised for Leadership, Ethnic Minorities Not | Nonprofit Quarterly

Museum Staff Diversity Report Shows Women Poised for Leadership, Ethnic Minorities Not | Nonprofit Quarterly:



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Chatting About Planned Giving With Timothy Logan, FAHP, ACFRE - Resource Center - AFP

Chatting About Planned Giving With Timothy Logan, FAHP, ACFRE - Resource Center - AFP: "More and more it seems, fundraisers are expected to develop and utilize integrated and multi-channel campaigns rather than having a singular focus like say annual fund or planned piving. We had a chance to chat with Timothy Logan, FAHP, ACFRE about this trend and what would make the perfect Planned Giving App."



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