Friday, August 27, 2004
The Australian: Private sector extends a helping hand [August 28, 2004]
The Australian: Private sector extends a helping hand [August 28, 2004]: "The Making Schools Better conference in Melbourne yesterday heard that the Port Melbourne school was an outstanding international example of how private philanthropy is transforming public institutions."
Senate Majority Caucus Member
Senate Majority Caucus Member: "
Bowen E-Mail Privacy Bill Passes Legislature, Heads To Governor's Desk
8/23/2004
SACRAMENTO � Does Governor Schwarzenegger think your boss should be able to secretly read your e-mail and track the Internet web sites you visit? Californians who care about their privacy will find out now that SB 1841 by Senator Debra Bowen (D-Redondo Beach), which takes the same privacy protections people already have when using their office telephone and applies them to e-mail and Internet use, is headed to the Governor�s desk. "
Bowen E-Mail Privacy Bill Passes Legislature, Heads To Governor's Desk
8/23/2004
SACRAMENTO � Does Governor Schwarzenegger think your boss should be able to secretly read your e-mail and track the Internet web sites you visit? Californians who care about their privacy will find out now that SB 1841 by Senator Debra Bowen (D-Redondo Beach), which takes the same privacy protections people already have when using their office telephone and applies them to e-mail and Internet use, is headed to the Governor�s desk. "
Tools & Resources For Financial Executives
Tools & Resources For Financial Executives: "Sector-bender
More and more nonprofits have for-profit subsidiaries. Now one CFO wants to turn that model upside down.
Tim Reason, CFO Magazine
August 01, 2004
It's a question many successful private companies face: how to finance the next stage of growth. Initial public offering? More private equity? John W. Gillespie, CFO of The Mentor Network, a residential-care provider, has another idea: find a large nonprofit foundation with a similar mission to buy the company.
The idea, he admits, is highly speculative. Outside of the hospital industry, it's rare for a for-profit company to peddle itself to nonprofits as an acquisition target. Even if it were common, few foundations are large enough to absorb a company the size of Boston-based The Mentor Network, which has grown to more than half a billion dollars in annual revenues.
And that's not to mention the regulatory and tax changes that might be necessary for a deal of such scale. 'I'd put the chances of it happening in the low single digits,' says Gillespie. 'But it's worth exploring.' For one thing, Gillespie, a former investment banker, is less than sanguine about the prospect of going public in the era of the Sarbanes-Oxley Act. And while he's pleased with his company's private-equity owner, Chicago-based Madison Dearborn Partners, he can envision a day when The Mentor Network will outgrow the private-equity market."
More and more nonprofits have for-profit subsidiaries. Now one CFO wants to turn that model upside down.
Tim Reason, CFO Magazine
August 01, 2004
It's a question many successful private companies face: how to finance the next stage of growth. Initial public offering? More private equity? John W. Gillespie, CFO of The Mentor Network, a residential-care provider, has another idea: find a large nonprofit foundation with a similar mission to buy the company.
The idea, he admits, is highly speculative. Outside of the hospital industry, it's rare for a for-profit company to peddle itself to nonprofits as an acquisition target. Even if it were common, few foundations are large enough to absorb a company the size of Boston-based The Mentor Network, which has grown to more than half a billion dollars in annual revenues.
And that's not to mention the regulatory and tax changes that might be necessary for a deal of such scale. 'I'd put the chances of it happening in the low single digits,' says Gillespie. 'But it's worth exploring.' For one thing, Gillespie, a former investment banker, is less than sanguine about the prospect of going public in the era of the Sarbanes-Oxley Act. And while he's pleased with his company's private-equity owner, Chicago-based Madison Dearborn Partners, he can envision a day when The Mentor Network will outgrow the private-equity market."
New York Post Online Edition: postopinion
New York Post Online Edition: postopinion
HYPOCRISY, THY NAME IS KERRY
HYPOCRISY, THY NAME IS KERRY
orrall Community Newspapers Inc
Worrall Community Newspapers Inc: "Behind the brick-clad walls of a Glen Ridge landmark, a local civic organization is launching its centennial anniversary with five projects designed in the club's tradition of giving to the community.
The Women's Club of Glen Ridge is kicking off their line of celebrations with a Black and White Centennial Kick-off Celebration in October, which is expected to bring about 250 people to the clubhouse, said Club President Susan Griffith.
The club will also host a commemorative brick project in which people can pay to have their names engraved on bricks covering the clubhouse's patio.
The festivities will continue into the new year with a gardening exhibit and silent auction in April, a weekend of cultural events next October, and a final tea-tasting in December 2005."
The Women's Club of Glen Ridge is kicking off their line of celebrations with a Black and White Centennial Kick-off Celebration in October, which is expected to bring about 250 people to the clubhouse, said Club President Susan Griffith.
The club will also host a commemorative brick project in which people can pay to have their names engraved on bricks covering the clubhouse's patio.
The festivities will continue into the new year with a gardening exhibit and silent auction in April, a weekend of cultural events next October, and a final tea-tasting in December 2005."
Informed Giving: How to Help Clients Help Charities
Informed Giving: How to Help Clients Help Charities
September 2004 — One of our nation's major industries in the early 21st century is often ignored as a factor in the economy. It is the charity business. The more than 850,000 philanthropic organizations that solicit grants and donations, and which presumably exist to bestow beneficence as provided in their charters, constitute big business in its fundamental essence. A single number tells the story. In 2002 these organizations received $241 billion in public donations.
September 2004 — One of our nation's major industries in the early 21st century is often ignored as a factor in the economy. It is the charity business. The more than 850,000 philanthropic organizations that solicit grants and donations, and which presumably exist to bestow beneficence as provided in their charters, constitute big business in its fundamental essence. A single number tells the story. In 2002 these organizations received $241 billion in public donations.
Questions To Consider At Key Stages In The Life Of A Charity
Questions To Consider At Key Stages In The Life Of A Charity: "This checklist has been developed following research findings from our regulatory report into Milestones: Managing key events in the life of a charity (RS6). A copy of the full report can be downloaded free of charge using the link above or ordered in hard copy by calling our contact centre on 0870 333 0123.
Trustees can ask themselves the following questions as a starting point when considering each issue but these should not be regarded as the last word on a particular issue. Relevant Commission publications in which further guidance can be found appear in brackets.
Starting up"
Trustees can ask themselves the following questions as a starting point when considering each issue but these should not be regarded as the last word on a particular issue. Relevant Commission publications in which further guidance can be found appear in brackets.
Starting up"
PRESS RELEASE: Nonprofits defy struggling economy with more job growth
PRESS RELEASE: Nonprofits defy struggling economy with more job growth: "Nonprofits defy struggling economy with more job growth
Opportunities to do something better with your career abound with nonprofits where new jobs are being created at a 38% faster clip than in the business world, producing 2.5 million new jobs in the next six years. Making the switch isn't easy, but Richard King, a top recruiter for nonprofits and author of 'From Making a Profit to Making a Difference' shows how to successfully make the transition.
(PRWEB) August 27, 2004 -- Most workers don't know that:
- Nearly one in ten new jobs in the U.S. are with nonprofits, with another 2.5 million nonprofit jobs expected by 2010 according to the 2004 'Nonprofit Almanac' study conducted by Independent Sector, a leading coalition of nonprofits based in Washington, D.C."
Opportunities to do something better with your career abound with nonprofits where new jobs are being created at a 38% faster clip than in the business world, producing 2.5 million new jobs in the next six years. Making the switch isn't easy, but Richard King, a top recruiter for nonprofits and author of 'From Making a Profit to Making a Difference' shows how to successfully make the transition.
(PRWEB) August 27, 2004 -- Most workers don't know that:
- Nearly one in ten new jobs in the U.S. are with nonprofits, with another 2.5 million nonprofit jobs expected by 2010 according to the 2004 'Nonprofit Almanac' study conducted by Independent Sector, a leading coalition of nonprofits based in Washington, D.C."
The Eureka Reporter... Real News by Real People
The Eureka Reporter... Real News by Real People: "Nonprofits Will Gather In Arcata To Explore
Current Trends
More than 100 nonprofit professionals will gather in Arcata on Sept. 14 to explore current trends impacting nonprofits, expand skills in nonprofit management and connect with colleagues from across northern California."
Current Trends
More than 100 nonprofit professionals will gather in Arcata on Sept. 14 to explore current trends impacting nonprofits, expand skills in nonprofit management and connect with colleagues from across northern California."
Don't worry, be happy
Don't worry, be happy: "The declining importance of wealth is a natural progression, said Paul Schervish, director of the center for wealth and philanthropy at Boston College. Making a lot of money can become less realistic as people grow older, Schervish said, and their perspective can also change with experience, such as becoming a parent. "
Thursday, August 26, 2004
Nonprofits Fear Fallout From Sale (washingtonpost.com)
Nonprofits Fear Fallout From Sale (washingtonpost.com)It sounds like great news -- Columbia's Rouse Co. Foundation will grow to nearly four times its size with a $20 million gift that's part of the company's $7.2 billion sale to a Chicago real estate investment trust.
But Howard County community leaders still worry that the sale to General Growth Properties Inc. means that Rouse's longstanding role as the community's largest corporate benefactor will wane in ways that such a big donation can't offset.
But Howard County community leaders still worry that the sale to General Growth Properties Inc. means that Rouse's longstanding role as the community's largest corporate benefactor will wane in ways that such a big donation can't offset.
Normative Services pays founder, wife over $2 million - billingsgazette.com
Normative Services pays founder, wife over $2 million - billingsgazette.comSHERIDAN (AP) -- Normative Services, Inc., paid its founder and his wife over $2 million in 2002 — compensation, officials with the reform school say, for years they were underpaid or accepted no pay at all.
The Chronicle of Philanthropy disclosed the pay to Ray George, Jr., chief executive officer, and Julia George, chief executive officer, in its June 24 issue, which identified 52 top executives in the nonprofit sector who received at least $1 million in compensation.
The article followed an IRS investigation into nonprofits.
The Chronicle of Philanthropy disclosed the pay to Ray George, Jr., chief executive officer, and Julia George, chief executive officer, in its June 24 issue, which identified 52 top executives in the nonprofit sector who received at least $1 million in compensation.
The article followed an IRS investigation into nonprofits.
The Business Ledger -- Business Newspaper for Suburban Chicago
The Business Ledger -- Business Newspaper for Suburban ChicagoEconomy Improves, but Economist Warns Charities Must Adjust
Wednesday, August 25, 2004
Giving back to the community -- Queer Lesbian Gay Business -- Gay.com
Giving back to the community -- Queer Lesbian Gay Business -- Gay.comGiving back to the community
by Grant Lukenbill
Gay.com Network
It's getting close to the holidays again, a time when I decide which social and political organizations are going to get my donation money. Unfortunately, it's also the time of year when I'm reminded of the harsher realities facing our communities. And like clockwork, every 12 months I come to the same conclusion -- I give only to gay causes. More on that in a moment.
by Grant Lukenbill
Gay.com Network
It's getting close to the holidays again, a time when I decide which social and political organizations are going to get my donation money. Unfortunately, it's also the time of year when I'm reminded of the harsher realities facing our communities. And like clockwork, every 12 months I come to the same conclusion -- I give only to gay causes. More on that in a moment.
Tribnet.com - Entertainment
Tribnet.com - Entertainment
Senate panel heavy-handed regarding nonprofits
LIZ HEATH;
Back in June when we were all thinking about taking a summer vacation, the Senate Finance Committee was holding hearings on a batch of recommendations made by staff for "fixing" the nonprofit sector.
That Congress would start heading in this direction was predictable. There have been serious breaches of financial responsibility and trust in the nonprofit sector and an attitude of no tolerance for such problems has spilled over from the corporate sector in the wake of all the misdeeds of folks at Enron and the like
Senate panel heavy-handed regarding nonprofits
LIZ HEATH;
Back in June when we were all thinking about taking a summer vacation, the Senate Finance Committee was holding hearings on a batch of recommendations made by staff for "fixing" the nonprofit sector.
That Congress would start heading in this direction was predictable. There have been serious breaches of financial responsibility and trust in the nonprofit sector and an attitude of no tolerance for such problems has spilled over from the corporate sector in the wake of all the misdeeds of folks at Enron and the like
Tuesday, August 24, 2004
Newsroom - Inside INdiana Business with Gerry Dick
Newsroom - Inside INdiana Business with Gerry Dick
Indianapolis Attorney Receives National Philanthropy Award
8/23/2004 11:56:53 AM
INDIANAPOLIS – Indianapolis attorney Milton O. Thompson is the 2004 recipient of the Black Business and Philanthropy Award from the National Center for Black Philanthropy (NCFBP), Inc. for his commitment to community organizations and other philanthropic efforts.
Indianapolis Attorney Receives National Philanthropy Award
8/23/2004 11:56:53 AM
INDIANAPOLIS – Indianapolis attorney Milton O. Thompson is the 2004 recipient of the Black Business and Philanthropy Award from the National Center for Black Philanthropy (NCFBP), Inc. for his commitment to community organizations and other philanthropic efforts.
Killing Off the Death Tax
Killing Off the Death Tax
From the Heritage Foundation
Killing Off the Death Tax
August 23, 2004 | |
It sounds surprising at first blush, but the people working the hardest to save the federal estate tax, or “death tax,” are some of the country’s richest. Indeed, the membership of the pro-death tax Committee for Responsible Wealth reads like a Who’s Who for a Vanderbilt birthday party.
From the Heritage Foundation
Killing Off the Death Tax
August 23, 2004 | |
It sounds surprising at first blush, but the people working the hardest to save the federal estate tax, or “death tax,” are some of the country’s richest. Indeed, the membership of the pro-death tax Committee for Responsible Wealth reads like a Who’s Who for a Vanderbilt birthday party.
KYW Newsradio 1060 - News
KYW Newsradio 1060 - NewsPa. Files Suit Against a Phila.-Based Black Charity
by KYW's Tony Romeo
The Philadelphia-based Black United Fund of Pennsylvania is once again in trouble with state authorities
by KYW's Tony Romeo
The Philadelphia-based Black United Fund of Pennsylvania is once again in trouble with state authorities
Times Record News: Local News
Times Record News: Local NewsNonprofit managers urged to amalgamate
By Lee B. Weaver/Times Record News
August 24, 2004
The more cockroaches come out at night, the bigger the soup bone for them to share.
Or something like that.
A group of nonprofit managers received some creative - yet cautionary - advice on Monday about the challenges and changes facing them in the present political environment from Jason Sabo, public policy director for the United Way of Texas.
By Lee B. Weaver/Times Record News
August 24, 2004
The more cockroaches come out at night, the bigger the soup bone for them to share.
Or something like that.
A group of nonprofit managers received some creative - yet cautionary - advice on Monday about the challenges and changes facing them in the present political environment from Jason Sabo, public policy director for the United Way of Texas.
Bill Didn’t End Debate on Nonprofits
A new law was supposed to strengthen rules on state-funded nonprofits, but it may have done the reverse
By Paul Chesser
August 24, 2004
RALEIGH — Gov. Mike Easley on Tuesday signed into law a bill that, according to his press release, will “clarify and strengthen the reporting requirements for non-state entities receiving state funds.”
But State Sen. Hamilton Horton, a Forsyth County Republican, said that in some ways the new law weakens accountability for state-funded nonprofit organizations.
“It doesn’t require a cutoff of funds, as in the previous law,” Horton said. “They leave it to the executive.”
INTERNATIONAL OLYMPIC COMMITTEE - NEWS
INTERNATIONAL OLYMPIC COMMITTEE - NEWSGiving is winning" on winning track
Don't sail past your charitable instinct | csmonitor.com
Don't sail past your charitable instinct | csmonitor.com: "My real pleasure came on another night around the dinner table, when the conversation turned to the subject of charitable donations. Speaking to my husband, I mentioned that I'd sent off a check for a community cause we'd spoken of supporting together. Confirming his trust in the decision I had made during a busy time, he said, 'Yeah, you have to just do it when you think of it.'
Our 12-year-old spoke then and made an interesting connection that convinced me he'd understood both lessons: 'It's like reefing. You have to do it when you first think of it.'"
Our 12-year-old spoke then and made an interesting connection that convinced me he'd understood both lessons: 'It's like reefing. You have to do it when you first think of it.'"
Monday, August 23, 2004
National Post
National Post: "Staff stay at companies with heart
'Employee identification is a good way of building employee commitment': Charitable donations"
'Employee identification is a good way of building employee commitment': Charitable donations"
Herald Sun: Hollywood charity man jailed [24aug04]
Herald Sun: Hollywood charity man jailed [24aug04]: "A HOLLYWOOD fundraiser who organised events featuring such celebrities as former US president Bill Clinton was today jailed for more than five years for fraud.
Aaron Tonken, 38, was sentenced to 63 months behind bars after admitting fraudulently diverting hundreds of thousands of dollars destined for charity galas and using the cash to pay off his own credit card bills.
The fundraiser, who is writing a tell-all book about his political money-raining activities, siphoned off cash he raised for a charity gala billed as a tribute to diva Diana Ross, an event that never took place.
Tonken also helped produce several charitable fundraisers which included the casts of the hit US television shows The Practice and Ally McBeal"
Aaron Tonken, 38, was sentenced to 63 months behind bars after admitting fraudulently diverting hundreds of thousands of dollars destined for charity galas and using the cash to pay off his own credit card bills.
The fundraiser, who is writing a tell-all book about his political money-raining activities, siphoned off cash he raised for a charity gala billed as a tribute to diva Diana Ross, an event that never took place.
Tonken also helped produce several charitable fundraisers which included the casts of the hit US television shows The Practice and Ally McBeal"
ThirdSector
ThirdSectorAlzheimer's donors face mix-upThe Alzheimer’s Association has rejected criticism of its fundraising activities by the Alzheimer’s Society, as inquiries into the new organisation continue.
Both the society and sister organisation Alzheimer’s Scotland say they have received donations in the post from people who have confused their organisations with the association. They have lodged a complaint with the Charity Commission querying the legitimacy of the association’s fundraising activities (Third Sector, 28 July).
Both the society and sister organisation Alzheimer’s Scotland say they have received donations in the post from people who have confused their organisations with the association. They have lodged a complaint with the Charity Commission querying the legitimacy of the association’s fundraising activities (Third Sector, 28 July).
The Art of Giving In to a Giver
The Art of Giving In to a Giver"People ask how I could turn over such power to Eli," says Andrea Rich, LACMA's president and director. "But I ask myself, is there a member of our board who has more experience in building or working with international architects, or who has more money and viability in terms of carrying this off, or has better taste in art and architecture, or has higher standards?"
UNC funds heavily hedged - 2004-08-23 - Triangle Business Journal
UNC funds heavily hedged - 2004-08-23 - Triangle Business Journal: "CHAPEL HILL - The University of North Carolina at Chapel Hill has parked the majority of its $1.19 billion endowment money with managers in the scantily regulated and risky hedge fund industry - an industry that U.S. Securities and Exchange Commission Chairman William Donaldson characterizes as an 'accident waiting to happen.' "
Giving and Volunteering | Reports & Manuals
Giving and Volunteering | Reports & Manuals Recent Giving and Volunteering Reports from Canada
Charity Village� NewsWeek: Cover Story
Charity Village� NewsWeek: Cover StoryAttracting Top Talent in the Nonprofit Sector
Illawarra Mercury
Illawarra Mercury: "That's the central question of a unique study to be carried out by the Centre for Social Marketing Research at the University of Wollongong to examine the philanthropic attitudes of small to medium enterprises (SMEs) in the region.
Centre director Dr Gary Noble yesterday said the study's findings might help SMEs in their future decision-making processes about which charities and non-profit organisations they may, or may not, decide to assist."
Centre director Dr Gary Noble yesterday said the study's findings might help SMEs in their future decision-making processes about which charities and non-profit organisations they may, or may not, decide to assist."
JS Online: Matthew Lange 'Takes Five'
JS Online: Matthew Lange 'Takes Five': "Three college guys will each attempt to eat 50 George Webb burgers in 72 hours at each of the 40 Webb restaurants across southeastern Wisconsin. The feat is not part of a fraternity initiation, but rather an opportunity to raise $15,000 for the Hunger Task Force. Matthew Lange and DJ Maass, both 21, and Marty Bondar, 22, embarked on their mission Friday to raise awareness about the hunger problem in Wisconsin."
ZWNEWS.com - linking the world to Zimbabwe
ZWNEWS.com - linking the world to Zimbabwe: "All voluntary organisations in Zimbabwe, from those concerned with civil liberties and food aid to the Brownies and tropical fish clubs, will have to register with a new state-controlled council"
baltimoresun.com - 'We knew the day would come'
baltimoresun.com - 'We knew the day would come': "Jobs are likely to be lost if the company's headquarters, where 533 employees work, moves as expected to Chicago, the home of the company's new owner, General Growth Properties, Inc. Philanthropy that was spearheaded by the company's late founder, James W. Rouse, could be affected. Executives who had played significant roles on boards and committees might disappear. "
Yahoo! News - BX. POL'S 'NONPROFIT' ALLIES GO 1ST CLASS
Yahoo! News - BX. POL'S 'NONPROFIT' ALLIES GO 1ST CLASSA BRONX nonprofit that's been subpoenaed by federal prosecutors spent $83,164 on travel expenses over four years, records show.
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