This blog contains assorted news and commentary on the fundraising profession and philanthropy gathered by the AFP Fundraising Resource Center. Other Sites of Interest Section Disclaimer: AFP provides the following listing of hyperlinks to other Internet pages as a privilege to the user. AFP does not necessarily endorse, support or attest to the accuracy of information posted on those Internet pages. Some links may require registration to view and/or may only be available for a limited time.
Monday, August 30, 2004
Profiting from a new climate - 2004-08-30 - Austin Business Journal
Profiting from a new climate - 2004-08-30 - Austin Business Journal: "Profiting from a new climate
Central Texas nonprofits learning to deal with financial hardship by embracing business practices
For-profit businesses small and large aren't strangers to belt-tightening. Increasingly, however, another economic sector has adopted the strategies of its profit-seeking brethren -- nonprofit organizations. "
Central Texas nonprofits learning to deal with financial hardship by embracing business practices
For-profit businesses small and large aren't strangers to belt-tightening. Increasingly, however, another economic sector has adopted the strategies of its profit-seeking brethren -- nonprofit organizations. "
Web savvy - 2004-08-30 - The Business Journal (Minneapolis/St. Paul)
Web savvy - 2004-08-30 - The Business Journal (Minneapolis/St. Paul): "Web savvy
Local nonprofits turn to the Internet and e-mail for a new spin on fund raising -- results are mixed
Elizabeth Millard
Contributing writer
The Internet has changed how people shop, communicate and do business. Now, it's also giving nonprofit organizations a way to keep in touch with supporters, streamline membership management and raise money cheaply and effectively. "
Local nonprofits turn to the Internet and e-mail for a new spin on fund raising -- results are mixed
Elizabeth Millard
Contributing writer
The Internet has changed how people shop, communicate and do business. Now, it's also giving nonprofit organizations a way to keep in touch with supporters, streamline membership management and raise money cheaply and effectively. "
Ties that bind
Ties that bind: "PHILANTHROPY AND FAME
The elder Bush and his wife Barbara have kept an active profile in Maine's public life, supporting civic events and philanthropic causes.
Barbara Bush has loaned her name to worthy causes, such as the Barbara Bush Children's Hospital at the Maine Medical Center. Her literacy foundation has distributed $1.7 million in grants in Maine alone, and more than $13 million nationally. The University of New England in Biddeford is currently raising money to build the George and Barbara Bush Conference Center.
'They are just like your favorite aunts and uncles,' Boilard said. 'When we get together, we don't talk about politics, we talk about family.'"
The elder Bush and his wife Barbara have kept an active profile in Maine's public life, supporting civic events and philanthropic causes.
Barbara Bush has loaned her name to worthy causes, such as the Barbara Bush Children's Hospital at the Maine Medical Center. Her literacy foundation has distributed $1.7 million in grants in Maine alone, and more than $13 million nationally. The University of New England in Biddeford is currently raising money to build the George and Barbara Bush Conference Center.
'They are just like your favorite aunts and uncles,' Boilard said. 'When we get together, we don't talk about politics, we talk about family.'"
Building a new world - 2004-08-30 - Baltimore Business Journal
Building a new world - 2004-08-30 - Baltimore Business Journal: "Building a new world
Joseph Meyerhoff fled Ukraine for Baltimore in 1906, and his impact is still profound"
Joseph Meyerhoff fled Ukraine for Baltimore in 1906, and his impact is still profound"
Fundraisers - 2004-08-30 - Memphis Business Journal
Fundraisers - 2004-08-30 - Memphis Business JournalFundraisers
Women play crucial role for non-profits
Einat Paz-Frankel
Over the past decade, more and more women have pursued fundraising careers and have played a significant role in keeping non-profit organizations going.
Women play crucial role for non-profits
Einat Paz-Frankel
Over the past decade, more and more women have pursued fundraising careers and have played a significant role in keeping non-profit organizations going.
New York Post Online Edition: news
New York Post Online Edition: newsCAR CHARITY'S CASH TAKES HIDDEN ROAD
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"
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