Monday, August 30, 2004
Businessman honored for helping community
Businessman honored for helping community
Local businessman Milt Thompson never expected to be honored for what people should do -- helping others.
But the National Center for Black Philanthropy has bestowed on Thompson its Black Business and Philanthropy Award for his commitment to community organizations.
Local businessman Milt Thompson never expected to be honored for what people should do -- helping others.
But the National Center for Black Philanthropy has bestowed on Thompson its Black Business and Philanthropy Award for his commitment to community organizations.
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.
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