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501(c)Files | Nonprofit News

Archive for the ‘Foundations’ Category

February 10th, 2008

Notes, Follow-Ups, and Reminders | IRS Guidelines, Nonprofit Journalism, the V3 Campaign, RSS

 A recently posted fact sheet from the IRS outlines the “variety of tools at its disposal to make certain that tax-exempt organizations comply with federal law designed to ensure they are entitled to any tax exemption they may claim.” (Hat tip to the Nonprofit Law Prof Blog.)
Not everyone thinks that nonprofit journalism is such a […]

By Tom Durso -- 0 comments

February 7th, 2008

All the News That’s Fit To Be Funded

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

February 4th, 2008

How to … Write Eye-Catching Grant Proposals

Last month 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 […]

By Tom Durso -- 1 comment

February 1st, 2008

Nonprofit Profile | Patriot Games

Like the New York Giants, their opponent in Sunday’s Super Bowl, the New England Patriots have developed relationships with numerous nonprofits working in the community. The team, in fact, started its own nonprofit, the New England Patriots Charitable Foundation, “to assist a variety of charitable organizations and programs by supporting their educational, family and health […]

By Tom Durso -- 0 comments

January 14th, 2008

Foundation Exec: Donors Want Us to Fund Programs, Not Operations

Do foundations better support nonprofits by funding general operating expenses instead of specific projects, as a New York Times piece suggested last week? No way, responds a foundation executive in a letter to the Times yesterday:
… [O]ur supporters rightfully expect that their donations are directed to programs that our mission specifies. If we were to […]

By Tom Durso -- 1 comment

January 7th, 2008

Nonprofit Accountability: A New Middle Ground?

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

December 6th, 2007

Making Lemonade Out of Something Far Worse Than Lemons

Convince me, wrote Kate Baggott, the author of the Babylune blog, of the effectiveness and importance of your favorite charity, cause, or helpful organization, and I’ll donate to it in your name.
Capital idea, I wrote back, then set to the daunting task of determining which of the causes with which I’m familiar meet those criteria.
I […]

By Tom Durso -- 4 comments

November 13th, 2007

Sometimes You Have to Lose Money to Make Money

There’s an interesting discussion going on over at Ask MetaFilter on the advantages of turning nonprofit. Seems a tiny alternative monthly paper in Chicago that’s making no money is batting around the pros and cons, and one of the staffers there posted to AskMeFi to solicit opinions there. The prevailing view is that such a […]

By Tom Durso -- 0 comments

November 2nd, 2007

The Powerful Symbolism of Board Composition

It would be run-of-the-mill dispute about board composition if not for one thing.
Race.
And race changes everything.
From an AP report earlier today:
MEMPHIS, Tenn. — The National Civil Rights Museum, built around the motel where the Rev. Martin Luther King Jr. was assassinated in 1968, is drawing criticism that its governing board is too white and too […]

By Tom Durso -- 2 comments

October 26th, 2007

Brother, Can You Spare 15 Billion Dimes?

Donor intent is among the most crucial issues with which a nonprofit must wrestle. The subject comes up often, with donors or their descendants regularly arguing that the recipient of their largess isn’t properly administering the gifts they’ve made. It isn’t often that the argument could result in a $1.5 billion — that’s with a […]

By Tom Durso -- 0 comments