April 7th, 2008
Nonprofit hospitals are enjoying very healthy bottom lines, and lawmakers are taking note.
Riding gains from investment portfolios and enjoying the pricing power that came from a decade of mergers, many nonprofit hospitals have seen earnings soar in recent years. The combined net income of the 50 largest nonprofit hospitals jumped nearly eight-fold to $4.27 billion […]
By Tom Durso -- 0 comments
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.
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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
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 26th, 2008
No fooling: Next week, on April 1, the Nonprofit Voter Engagement Network will launch a national campaign to "provide training, information, legal resources, how-to guides, and materials such as bumper stickers and posters to help nonprofit groups get voters to the polls for the November elections," reported the Chronicle of Philanthropy earlier this week.
“Our belief […]
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 12th, 2008
For all of the talk about nonprofit accountability and professionalism, the sector’s largest segment, government, gets something of a free pass. We all gripe about government waste and sloth, with the depressing knowledge that nothing ever — ever — gets done about it. And then we turn to the sports page or the gossip column.
David […]
By Tom Durso -- 2 comments
March 11th, 2008
U.S. Rep. John Sarbanes, a Democrat from Maryland, reminds readers of the Washington Post in a letter to the editor that he wrote legislation last year aimed at giving young nonprofit employees a break on their college loans:
Last fall, Congress enacted the College Cost Reduction and Access Act, which makes college more affordable. Within […]
By Tom Durso -- 0 comments
March 9th, 2008
Wake up, America: Running an effective nonprofit takes more scratch than you think.
Size does matter: Even the most wee nonprofits now have to check in with the IRS.
Nonprofit hospitals get a reason — albeit a small one — to breathe a little bit easier.
Even more on the talent-retention challenge/crisis/fill in your favorite synonym here.
A novel proposal […]
By Tom Durso -- 0 comments
March 3rd, 2008
Nonprofits must take extraordinary care when they step into the political arena. As has been seen recently, the Internal Revenue Service doesn’t mess around when there’s a question of whether churches and charities have crossed the line and become “directly or indirectly involved in campaigns of political candidates.” That said, nonprofits need not be completely […]
By Tom Durso -- 0 comments
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