Endowment: For Today or Tomorrow
Should you dip into the principal of your nonprofit endowment or “reserve-fund?” Consider the short and long term implications.
Tag Archives: ethics
Know Your Legal Responsibilities
You may not be a lawyer, but you should know your non-profit related legal responsibilities… Here’s an overview of things to consider: contracting, endowments, gift acceptance policies, fiduciary responsibilities, taxes, financial management, pledges and misappropriation of funds. Attorney Van Turner explains….
The Value of Diversity – Part One
Which is more important efficiency or innovation? Consolidation or diversity? Are the values and metrics of the private sector the same as those of the non-profit sector? Should funding flow to institutions and organizations who demonstrate the greatest impact and serve the greatest numbers?
I'll take a percentage
Imagine this. Your nonprofit organization is short on funds. A former co-worker tells you she knows someone looking to give $25,000 to an organization like yours. She says, “I’ll introduce you and facilitate the process if you give me 10 percent of whatever she gives you. You know, a finder’s fee.” Or what about this.
I’ll take a percentage
Imagine this. Your nonprofit organization is short on funds. A former co-worker tells you she knows someone looking to give $25,000 to an organization like yours. She says, “I’ll introduce you and facilitate the process if you give me 10 percent of whatever she gives you. You know, a finder’s fee.” Or what about this.