The days of organizations standing on a mountaintop and broadcasting their messages for the world to consume are rapidly evaporating. No longer is control solely in nonprofits’ hands, no matter how much they wish it was. To truly succeed in raising funds and solving the world’s problems, nonprofits must work in concert with networks of social changemakers — passionate individuals and organizations, among others.
More than 80 percent of donors would recommend the organizations they support to another potential donor, yet many organizations rarely ask for existing donor referrals.
At nonprofit groups in the New York metropolitan area, more chief executive officers than other senior staff members took pay cuts in the 2010 fiscal year, according to a new survey of compensation trends by the Nonprofit Coordinating Committee of New York. However, austerity wasn’t universal for top leaders, and signs point to bigger paychecks ahead for more of them in 2011.
Thirty-one percent of organizations reported a pay increase to their top executives in 2010 compared with the previous fiscal year, and 42 percent expected another increase next year.
In a recent fundraising study conducted by Common Impact, 79 percent of nonprofits surveyed reported spending 2 percent or less of their operating budgets to support key infrastructure.
NEW HAVEN — Watching Michael M. Kaiser, the president of the John F. Kennedy Center for the Performing Arts, speak to arts executives, as he did during two recent swings through New England, is like watching Jack Welch talk to business students.
The executives pay rapt attention, take notes and nod their heads. They ask questions, some of which begin with a heartfelt, “Thank you, Mr. Kaiser, for being here and speaking to us.” Standing ovations are routine, as are the crowds who hover hoping to shake his hand.
Many not-for-profit leaders ask whether temporarily and permanently restricted net assets should be included in determining an organization’s reserves. Operating reserves — funds that are available to support an organization’s day-to-day operations — are the appropriate measure to consider. This was one of the key findings of Grant Thornton LLP’s not-for-profit practice white paper entitled Maintaining Sufficient Reserves to Protect Your Not-for-Profit Organization.
The Budget will place a huge burden on charities and voluntary organisations, third sector umbrella bodies have warned.
They were reacting to the principal measures announced by the Chancellor, George Osborne, which include a 25 per cent cut in the budgets of government departments other than health and international development over the next four years.
In a press release, the John S. and James L. Knight Foundation announced the hire of Donna Firsby-Greenwwod as program director for Philadelphia. The foundation also named private equity and business expert Benoit Wirz director of business consulting, a newly created position.
Social Solutions, the leading provider of performance management software for human services, announced today that its board of directors has named Jay Love to serve as the company's Chief Executive Officer starting on June 23, 2010. After a national search for candidates, Love was unanimously selected by the Social Solutions Board and Senior Management team. A proven leader with over 25 years of experience, Love has been successful at helping clients fulfill their mission more efficiently and effectively by bringing technology to the nonprofit world. With a customer-first approach, he values a corporate culture of philanthropy, honesty, professionalism, respect, and fun.
Fundraisers across the country earned a median of $66,000 last year, a 4-percent increase from last year and the first rise in pay since 2007, according to a survey released on Wednesday by the Association of Fundraising Professionals.
