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501(c)Files | Nonprofit News

Archive for the ‘For-profit’ Category

April 30th, 2008

For Nonprofits, the True Value of Human Resources Is Becoming More Apparent

Attention, development directors: Your corporate partners may not have as much scratch to donate these days as in more robust years past, but that doesn’t mean they can’t help you. The Wall Street Journal has a fascinating piece on the increasing use of another type of resource — the human kind — by for-profit firms […]

By Tom Durso -- 0 comments

April 25th, 2008

A Nonprofit Looking Out for the Little Guy

As noted a couple of days ago, this is National Small Business Week, and while the federal Small Business Administration hogs all of the attention, there is, yes, a nonprofit that helps the country’s thousands of entrepreneurs make their case to Washington and the various state capitals. The National Small Business Association was launched in […]

By Tom Durso -- 0 comments

April 23rd, 2008

Corporate Giving: Lies, Damned Lies, and Statistics

The good: Corporate foundation giving was up more than 6.5 percent in 2007, to approximately $4.4 billion, according to a new summary report from the Foundation Center. The report also notes that:

Adjusted for inflation, such giving  has nearly doubled since 1990.
Education was the top priority of corporate foundations across regions, comprising about a quarter of […]

By Tom Durso -- 0 comments

April 23rd, 2008

Note to Small Businesses: Nonprofits Feel Your Pain (and Your Joy)

We are smack dab in the middle of National Small Business Week, and I am struck by how similar the for-profit and nonprofit sectors are in this regard. Just as the nonprofit world sees the heavy hitters — Ivy League universities, global charities, national trade associations — get all the attention, on Wall Street it’s […]

By Tom Durso -- 0 comments

April 16th, 2008

Trouble at the Top Means Trouble Down Below

"Trickle-down economics" was initially coined to describe how tax benefits and other initiatives at the corporate level would eventually work their way down to the middle and lower classes, but the current economic climate seems to be shunting troubles, not advantages, down the drainpipe. According to the Republican-American of Waterbury, Connecticut, with the decades-long exodus […]

By Tom Durso -- 0 comments

April 14th, 2008

National Treasure | A Ballclub Finds Worthy Nonprofits in its Backyard

My brother, a D.C.-area resident and Washington Nationals season-ticket holder, has given new Nationals Park the thumbs-up, and as a lover of baseball and cool stadiums, I’m eagerly anticipating my first game there. In the meantime, I have to offer a hearty virtual chest-bump to the Nationals for following through on their commitment to give […]

By Tom Durso -- 0 comments

April 11th, 2008

Nonprofit Profile | A Bold Attempt to Link Nonprofits, Corporations, the Media, and People

Talk about ambitious. Greg McHale thinks he’s found a win-win-win-win way for:

Nonprofits to reach greater numbers of donors, volunteers, and event participants
People to discover new ways to contribute to the causes they believe in
Media companies to earn more advertising revenue
Corporations to increase the visibility of their giving programs

McHale is the founder and CEO of good2gether, […]

By Tom Durso -- 0 comments

April 7th, 2008

How to … Make the Switch from the For-Profit Sector to Nonprofits

The "Career Couch" column in yesterday’s New York Times Business section offered a Q&A for for-profit employees considering a switch to the nonprofit sector. There was some terrific advice in there, which I’m adapting here and to which I’m adding my thoughts as well as a suggestion of my own:

Be clear about your motivations. Working […]

By Tom Durso -- 0 comments

March 28th, 2008

A Question Nonprofits Don’t Want to Hear: Is It Cynicism If You Have Good Reason To Be Jaded?

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 22nd, 2008

Why Run Your Nonprofit Like a Business When Most Businesses Are Simply Average?

Management expert Jim Collins, the author of the New York Times bestseller Good to Great: Why Some Companies Make the Leap … and Others Don’t, spoke recently with Contribute editor Marcia Stepanek about his thoughts on what he calls the "social sector." A couple of years back Collins wrote a 36-page monograph applying the topics […]

By Tom Durso -- 0 comments