April 6th, 2008
A guide to watching the watchdogs.
Oklahoma seeks to join the nonprofit transparency parade.
More bad news about nonprofits and ethics.
Don’t forget about this month’s b5 Business Channel contest.
It’s wicked easy to subscribe to 501(c) Files feeds: Just click here and follow the simple instructions. As always, thanks for reading! | 501(c)
Share This
By Tom Durso -- 0 comments
April 3rd, 2008
As the Nonprofiteer demonstrated Tuesday, one person’s ethics can be another person’s unwanted obligations. Houston Chronicle business columnist Shannon Buggs wrote last week about a set of principles recommended by a panel convened by Independent Sector, a coalition of charities, foundations, and corporate giving programs, regarding "ethical conduct, accountability, and transparency." Six of the 33 […]
By Tom Durso -- 0 comments
April 1st, 2008
At its annual meeting in San Diego, the Association of Fundraising Professionals today released troubling survey results:
More than half of nonprofit executives say they have observed unethical fund-raising behavior … . The most common concern raised by executives: use of percentage-based compensation to pay fund raisers.
To its credit, AFP has campaigned loudly against commission-based fundraising, […]
By Tom Durso -- 4 comments
March 29th, 2008
A new study puts an estimated price tag on what theft by nonprofit employees costs their organizations each year.
Forty billion dollars. That’s billion, with a "B."
From yesterday’s New York Times:
Almost 95 percent of the reported frauds entailed loss of cash, and a majority of those involved false or inflated invoices, billing for expenses that were […]
By Tom Durso -- 0 comments
March 28th, 2008
Cynics that we are, we expect people in business to look out only for themselves, and we are not surprised at revelations of misconduct by government officials.
Nonprofits appear well on their way to joining that dubious list. And they have only themselves to blame, according to troubling results contained in the just-released National Nonprofits Ethics […]
By Tom Durso -- 0 comments
March 24th, 2008
Having brought the hammer down on Wall Street, Eliot Spitzer should have been well aware of the dangers of the for-profit sector. Yet when it came time to betray both his marriage and the people of New York State, the governor didn’t have the good sense to go the nonprofit route. Instead, he paid money […]
By Tom Durso -- 0 comments
March 17th, 2008
The incoming president of the Smithsonian Institution said all the right things after being named its new chief executive over the weekend. The Smithsonian has been tarnished by financial malfeasance committed by its previous secretary, and when Georgia Tech president G. Wayne Clough was tapped by the Institution’s Board of Regents Friday night, he directly […]
By Tom Durso -- 2 comments
March 10th, 2008
A pair of stories that broke recently offer some lessons for nonprofits on how to deal with bad news that becomes public.
In New York, the Juvenile Diabetes Research Foundation not only cashiered a couple of employees when an internal audit revealed that hundreds of thousands of dollars was missing, it also asked the Manhattan district […]
By Tom Durso -- 0 comments
March 6th, 2008
Carolyn Kellogg, who writes at the Los Angeles Times blog Jacket Copy, noted yesterday that the gang-truce nonprofit cited by fraudulent memoirist Margaret B. Jones (née Seltzer) as her means of remaining linked to the ‘hood where she didn’t grow up may — brace yourself – not exist:
… [W]ho talks to the little kids? The author […]
By Tom Durso -- 0 comments
February 26th, 2008
The older I’ve gotten, the more libertarian I’ve become. In general, people should be able to do what they want, I believe, especially in their personal lives, as long they’re not misled about the risks involved and as long as their behavior doesn’t harm others. Gambling, for example, I’m fine with: I play poker every […]
By Tom Durso -- 0 comments
Recent Comments