February 25th, 2008
Corporations and environmental nonprofits have something in common: a love of green. Okay, granted, for one group the color refers to scratch and for the other Mother Earth, but as Alison Kriscenski points out, ever the twain shall meet.
With that in mind, here’s a belated shout-out to Greener Assets, last week’s b5 Business Channel Blog […]
By Tom Durso -- 2 comments
February 24th, 2008
Having ground the life out of mainstream journalism, Wall Street turns its attention to college papers.
How political corruption benefits nonprofits.
Back Bay budget problems? It’s all Harvard’s fault! And MIT’s, too!
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By Tom Durso -- 0 comments
February 7th, 2008
Corporate ownership of newspapers has been mostly a failure, with papers losing readers, trimming staff, and putting out increasingly inferior products. Wall Street’s narrow focus on quarterly earnings statements is completely at odds with what excellent journalism is: a long-term and often painstaking venture meant to report what is happening, and in so doing create […]
By Tom Durso -- 0 comments
January 30th, 2008
Not having to answer to Wall Street’s all-too-often unreasonable expectations can be a powerful incentive for an organization to shed its for-profit status. I suspect that is what’s behind a Connecticut biotech industry group’s decision to create a nonprofit arm dedicated to developing pharmaceuticals for Third World countries.
New Haven-based CURE has quietly spun off a […]
By Tom Durso -- 0 comments
January 28th, 2008
On Friday the Nonprofit Center at La Salle University brought together a handful of funders for a panel discussion of tips and trends. Representatives of dozens of nonprofits packed a meeting room in the basement of PECO Energy’s Center City Philadelphia headquarters to listen in, and the Center was kind enough to grant me a […]
By Tom Durso -- 4 comments
January 18th, 2008
Now that Google has jumped into the philanthropic pool, don’t expect the wildly innovative and ubiquitous online empire to be a passive donor. Google.org, the company’s two-year-old philanthropic division, announced its first grants yesterday, pledging $25 million in the five areas it has chosen to fund:
The development of renewable energy that is cheaper that electricity […]
By Tom Durso -- 0 comments
January 11th, 2008
The Chronicle of Philanthropy’s Give and Take blog this week linked to Charity Governance’s disapproving view of nonprofit/for-profit partnerships in the wake of the Intel/One Laptop Per Child breakup and asked, “Are corporate partnerships effective for charities?” Here’s what CG blogger Jack Siegel had to say:
… [M]any of these innovative partnerships […]
By Tom Durso -- 2 comments
January 7th, 2008
A persuasive piece in yesterday’s New York Times argued that because so many of their long-term goals, unlike those of the for-profit sector, are difficult to quantify, nonprofits should not be held accountable to the same standards as their corporate brethren. Columnist Denise Caruso detailed the backlash among nonprofits against the notion “that the return […]
By Tom Durso -- 0 comments
January 3rd, 2008
Intrigued by the Association of Fundraising Professionals’ call for a congressional ban on percentage-based fundraising, I dropped the organization a note to ask whether it offers members any kind of endorsement or recognition — an AFP seal of approval — for adhering to its ethical standards. No, responded AFP CEO Paulette Maehara in an e-mail,
but […]
By Tom Durso -- 0 comments
December 13th, 2007
In an interview with onPhilanthropy, Tom Ralston, the author of the new book ROI for Nonprofits: The New Key to Sustainability, discusses the reaction among the nonprofit community to his premise that “[n]onprofits, like their for-profit counterparts, must … deliver outcomes their investors value”:
As one can imagine, academics and others who study nonprofits, rather than […]
By Tom Durso -- 0 comments
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