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 29th, 2008
A new study puts an estimated price tag on what theft by nonprofit employees costs their organizations each year.
Forty billion dollars. That’s billion, with a "B."
From yesterday’s New York Times:
Almost 95 percent of the reported frauds entailed loss of cash, and a majority of those involved false or inflated invoices, billing for expenses that were […]
By Tom Durso -- 0 comments
March 10th, 2008
A pair of stories that broke recently offer some lessons for nonprofits on how to deal with bad news that becomes public.
In New York, the Juvenile Diabetes Research Foundation not only cashiered a couple of employees when an internal audit revealed that hundreds of thousands of dollars was missing, it also asked the Manhattan district […]
By Tom Durso -- 0 comments
December 19th, 2007
A poster at Ask Metafilter yesterday asked, “How do I choose between two equally worthy charities to receive my donation?” He actually had more than two charities to choose from in the area he had opted to support, animal-related organizations, and he added, “Ultimately, what I want is a method to help me identify a […]
By Tom Durso -- 0 comments
November 19th, 2007
The Des Moines Register devoted major real estate on its editorial page yesterday and today calling for greater government oversight of nonprofits and the public release of penalties imposed on those found in noncompliance of laws, respectively. The knee-jerk answer is to decry such calls — using the phrase “witch hunt” liberally — and point […]
By Tom Durso -- 0 comments
November 7th, 2007
Certain professions bring greater condemnation when their members commit wrongdoing. Crooked cops and politicians, for example, are singled out by judges and prosecutors for abusing the public’s trust; sentencing day typically brings far harsher lectures from the bench for these criminals than for the garden-variety types boosting stuff from private citizens. Gary R. Snyder, the […]
By Tom Durso -- 0 comments
November 6th, 2007
In spite of our bluster and our arrogance, we have big hearts, we Americans. Disasters of all types, from 9/11 to Hurricanes Katrina and Rita, from the Asian tsunami to a South American earthquake, trigger in us an immediate charitable response. We stage benefits, volunteer at shelters, and open our checkbooks to help those affected […]
By Tom Durso -- 0 comments
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