b5media.com

Advertise with us

Enjoying this blog? Check out the rest of the Business Channel Subscribe to this Feed

501(c)Files | Nonprofit News

Archive for the ‘Government’ Category

April 7th, 2008

The Latest Threat to Nonprofits: Too Much Success

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

Notes, Follow-Ups, and Reminders | Watching the Watchdogs, Nonprofit Transparency Legislation, Ethics, Careers, RSS

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

The Nonprofit Squabble Over Ethics and Illegality

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

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 26th, 2008

An Important New Effort to Spur Nonprofit Political Participation

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

Communication and Transparency Are Much More Important Than Fonzie’s Leather Jacket

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

“Good Enough for Government Work” Just Isn’t Good Enough

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

A Helping Hand, or Indentured Servitude?

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

Notes, Follow-Ups, and Reminders | Overhead, Taxes, Nonprofit Hospitals, Retaining Talent, Interest Rates, RSS

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

How to … Have a Political Voice

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