Marshall Loeb's Daily Money Tip: Profiting from non-profit work - General News - Personal Finance: "Profiting from non-profit work
By Marshall Loeb, MarketWatch
Last Update: 12:01 AM ET July 29, 2005
NEW YORK (MarketWatch) -- When for-profit executives employ their expertise on non-profit boards, they often do well while doing good. The result is a win-win for everyone.
A recent survey by Deloitte concludes that 97.5 percent of people who serve on nonprofit boards feel the experience builds their leadership skills, and 86.6 percent say it can help one's career.
'You are benefiting an organization, benefiting the community, and reflecting well on yourself and your for-profit company, leading to your own career advancement,' says Alice Korngold, corporate consultant and author of the new book Leveraging Good Will.
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