Friday, September 28, 2012

Gene Tempel nominated as founding dean for new School of Philanthropy at IU: IU News Room: Indiana University

Gene Tempel nominated as founding dean for new School of Philanthropy at IU: IU News Room: Indiana University: Gene Tempel nominated as founding dean for new School of Philanthropy at IU


FOR IMMEDIATE RELEASE
Sept. 28, 2012

INDIANAPOLIS -- Indiana University President Michael A. McRobbie and Indiana University-Purdue University Indianapolis Chancellor and Executive Vice President Charles R. Bantz have announced the appointment of Gene Tempel to be the founding dean of IU's new School of Philanthropy, subject to the approval of the IU Board of Trustees at its next business meeting Oct. 12.

Thanking Your Donors - NPQ – Nonprofit Quarterly - Promoting an active and engaged democracy.

Thanking Your Donors - NPQ – Nonprofit Quarterly - Promoting an active and engaged democracy.: How important are those thank-you letters?

Hungry For Jewish Donors

Hungry For Jewish Donors: sing a new storage facility, the organization will deliver 35 percent more kosher food during this year’s five-week High Holy Day season than it did last year.

With the new facility has come a new push to find more Jewish supporters for the kosher program. Jennifer Szapiro, a City Harvest fundraiser, is cold-calling Jewish family foundations, networking and appealing to existing City Harvest donors.

D.C. Financier's $1-Billion Giveaway to Go to Education and Job Training - Philanthropy Today - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas

D.C. Financier's $1-Billion Giveaway to Go to Education and Job Training - Philanthropy Today - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas: D.C. Financier’s $1-Billion Giveaway to Go to Education and Job Training

September 27, 2012, 10:55 am

Washington, D.C., financier William Conway, who last year solicited ideas from the public on how to best donate $1-billion to promote long-term job creation, said Tuesday that he will invest the money in education and training programs, The Washington Post writes.

Mary Porter Bequest: Philanthropist Mary Porter's trust donates $40 million to Foundation - South Florida Sun-Sentinel.com

Mary Porter Bequest: Philanthropist Mary Porter's trust donates $40 million to Foundation - South Florida Sun-Sentinel.com: The 98-year-old humanitarian from Pottstown, Pa., had been working with the Community Foundation of Broward since 2000, Carter said, doing charitable work with a wide variety of Broward non-profit organizations.

Porter died of a sudden illness in 2009 and had no surviving relatives.

A challenge of her Wills and Trusts soon followed in Broward civil court, involving former personal assistants, financial advisors, Citibank and some of its subsidiaries, and the Community Foundation of Broward, as plaintiffs.

Treasury Issues Proposed Regs Regarding Qualifying Grants to Foreign Organizations | Planned Giving Design Center

Treasury Issues Proposed Regs Regarding Qualifying Grants to Foreign Organizations | Planned Giving Design Center: Treasury has issued proposed regulations regarding the standards for making a good faith determination that a foreign organization is a charitable organization, grants to which may be qualifying distributions and not taxable expenditures. The regulations will affect private foundations seeking to make such good faith determinations.

Public Charity or Private Foundation - Why Does It Matter? | Planned Giving Design Center

Public Charity or Private Foundation - Why Does It Matter? | Planned Giving Design Center: For many charitable organizations classified as a public charity, reclassification as a private foundation can have significant implications for sustainability and mission accomplishment. In this article, North Carolina-based CPA and philanthropic consultant Dennis Walsh provides an overview of key operating, administrative, and financing issues associated with private foundation status, as well as helpful planning tips that will help organizations maintain their public charity status.

The Third Deadly Sin of Nonprofit Strategy: Over-Emphasis on Fundraising | Nonprofit Community

The Third Deadly Sin of Nonprofit Strategy: Over-Emphasis on Fundraising | Nonprofit Community: Like so many sins, this one starts out innocently enough.

An organization has financial challenges and decides it needs a big new fundraising campaign—maybe even a capital campaign. Then someone remembers that a big fundraising effort will need to be explained as being part of a strategic plan. So they hasten to throw together a strategic plan that justifies the campaign. The final product says “Strategic Plan,” but it is essentially a fundraising plan.

Thursday, September 27, 2012

What the Warhol Foundation’s art sale tells us about artists’ foundations - The Art Newspaper

What the Warhol Foundation’s art sale tells us about artists’ foundations - The Art Newspaper: he announcement by the Andy Warhol Foundation for the Visual Arts that it has sealed a deal with Christie’s to liquidate its remaining art holdings of reportedly 20,000 works has left many people scratching their heads. The foundation bearing the name of one of the most influential artist of our times intends to own none of his art? Always the most visible member in this small but fast-growing community, the Warhol Foundation has just demonstrated that artist-endowed foundations are not all alike and that it is, as always, among the most distinctive. Indeed, research by The Aspen Institute’s National Study of Artist-Endowed Foundations, the first comprehensive examination of the topic, confirms that we presume one-size-fits-all for these entities at the risk of misunderstanding this important, emerging field.

Fundraising Lessons From BRAC's $500 Million Clinton Global Initiative Commitments | Fast Company

Fundraising Lessons From BRAC's $500 Million Clinton Global Initiative Commitments | Fast Company: BRAC holds the answer to the half-a-billion-dollar question. Yes, BRAC, an organization that many of you have never heard of. BRAC, which didn’t have an office outside of Bangladesh as of 2006, much less a phone line in New York City. BRAC, which had the audacity to commit to raise $250 million at CGI’s second annual meeting in 2006, and to commit to raise another $271 million at the third annual meeting in 2007. BRAC, which actually exceeded these two goals and went on to make and achieve even further commitments in subsequent years

Philly Arts Worth $3.3 Billion - TheNonProfitTimes

Philly Arts Worth $3.3 Billion - TheNonProfitTimes: he arts and cultural sector in Philadelphia, Pa., has a $3.3-billion impact on the region’s economy, employing 44,000 jobs and is outperforming the nation as a whole, according to research published by the Greater Philadelphia Cultural Alliance.

The Arts, Culture and Economic Prosperity in Greater Philadelphia report details how spending by cultural organizations and their audiences ripples through the economy, generating revenues for businesses, families and local governments.

Wednesday, September 26, 2012

SOI Tax Stats - What's New

SOI Tax Stats - What's New: 2012 Spring SOI Bulletin—Statistics of Income (SOI) has released the 2012 Spring SOI Bulletin. Articles included in the publication provide the most recent data available from various tax and information returns filed by U.S. taxpayers.

Tuesday, September 25, 2012

Michael Solis: Insanity at the 2012 Nexus Global Youth Summit

Michael Solis: Insanity at the 2012 Nexus Global Youth Summit: The 2012 Nexus Global Youth Summit in New York City wasn't just a gathering of hundreds leaders from the business world, the nonprofit sector, and philanthropic circles. It also happened to be a reunion of what seemed like the world's most insane minds -- visionaries of Generation Y who seek to fix all of the problems inherited from Generation X.

Three schools define social philanthropy debate, says professor - Investment Europe

Three schools define social philanthropy debate, says professor - Investment Europe: Across the world, we seem to be expanding our perspectives from a narrow definition of the non-profit (third sector) to a broader, more hybrid approach to addressing social issues through private, market-oriented solutions.

Nonprofit Organizations with Active Fundraising Boards More Likely to Meet Goal - Press - AFP

Nonprofit Organizations with Active Fundraising Boards More Likely to Meet Goal - Press - AFP: Selected key findings

Engaging board members in fundraising helps organizations reach their fundraising goals. For 2011, 60 percent of those that did engage board members met their goal, compared with just 53 percent of those who did not
Working with a board-level development committee increases the chances an organization met its goal in 2011: 63 percent of organizations with a board-level development committee met their fundraising goals for 2011, compared with 52 percent of those without that type of committee.
Organizations in which board members request friends or business associates to make a financial contribution met their fundraising goals for 2011 more frequently than did those that did not ask board members to make similar requests.
Among organizations that require a minimum board member contribution, the median amount $1,000, but it higher for arts ($2,000), and education nonprofit organizations ($2,500).The minimum amounts also increase with organizational budget size, with some very large organizations asking for minimums of more than $100,000.

Monday, September 24, 2012

Making the nonprofit leap: What you need to know

Making the nonprofit leap: What you need to know: alues aligned

But then things changed. The company was bought out and the new owners cared little for CSR. With professional and personal values no long aligned, Strong accepted a package, took some time off, volunteered at a local thrift shop and made a big change: she joined the ranks of the nonprofit sector. Today, as director at Volunteer MBC (Mississauga, Brampton, Caledon), Strong calls the transition life-affirming. "Working for a company was all about money at the end of the day but, personally, I didn't get a whole lot out of it for myself," she explains. "Whereas this is like night and day."

Charity Board Members Get Weak Grades in Fundraising - Prospecting - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas

Charity Board Members Get Weak Grades in Fundraising - Prospecting - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas: Nonprofit board members continue to fall short in meeting the fundraising expectations of their chief executives, a new survey has found.

The Nonprofit Governance Index, conducted every two to three years by BoardSource, a nonprofit group that works to strengthen boards, this year asked more than 1,300 chief executives about their trustees’ performance, policies, and involvement in fundraising and other issues.

Social Charity Index: Charities begin to harness networked power | Voluntary Sector Network | Guardian Professional

Social Charity Index: Charities begin to harness networked power | Voluntary Sector Network | Guardian Professional: What could not-for-profits be capable of achieving if they had free access to over 12 million connected and engaged people? That's the number of social media savvy follows, subscribers and likes the top 100 social

charities are getting in the UK today, according to the second annual Social Charity Index.

Social Charity Index: Charities begin to harness networked power | Voluntary Sector Network | Guardian Professional

Social Charity Index: Charities begin to harness networked power | Voluntary Sector Network | Guardian Professional: What could not-for-profits be capable of achieving if they had free access to over 12 million connected and engaged people? That's the number of social media savvy follows, subscribers and likes the top 100 social

charities are getting in the UK today, according to the second annual Social Charity Index.

Microsoft launches charity for young people - CSMonitor.com

Microsoft launches charity for young people - CSMonitor.com: Taken altogether, that means Microsoft is committing the majority of its corporate cash giving to philanthropic efforts that support and serve youth.

YouthSpark is aimed at creating opportunities such as education, employment and entrepreneurship for about 300 million youths in 100 countries over the next three years.

Microsoft is partnering with hundreds of nonprofits worldwide in the effort.

Nonprofit chamber: Organizations in Palm Beach County pulling scarce resources - South Florida Sun-Sentinel.com

Nonprofit chamber: Organizations in Palm Beach County pulling scarce resources - South Florida Sun-Sentinel.com: Nonprofits in Palm Beach County are banding together like a chamber of commerce, but without the commerce.

Instead of working together to grow their collective profits, they'll work together to stay alive and keep up their levels of service as funding slows and demand grows.

"Resources are more scarce, and in the not-for-profit world, needs are greater," said Diana Stanley, CEO of The Lord's Place, an organization that helps the homeless. She's the chair of the new Chamber of Nonprofit Health and Human Service Agencies in Palm Beach County.

A Too-Sad Truth about the Nonprofit Sector - NPQ – Nonprofit Quarterly - Promoting an active and engaged democracy.

A Too-Sad Truth about the Nonprofit Sector - NPQ – Nonprofit Quarterly - Promoting an active and engaged democracy.
“Is there something in society’s subconscious that expects nonprofits to operate in ‘poverty-like ways’?” That question was a showstopper in the Cohort 20 classroom of the summer 2010 master’s program in philanthropy and development at Saint Mary’s University of Minnesota. We were talking about the starvation mentality in so many nonprofits—you know, things like really old, rather dysfunctional computers and such poor wages that employees cannot afford a reasonable mortgage and may have to visit the soup kitchen for a meal.

Colo. Names Kenneth Feinberg to Oversee Aurora Funds - Philanthropy Today - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas

Colo. Names Kenneth Feinberg to Oversee Aurora Funds - Philanthropy Today - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas: Colo. Names Kenneth Feinberg to Oversee Aurora Funds

September 24, 2012, 10:37 am

The Washington, D.C., attorney who managed the Sept. 11 victims’ fund and other compensation cases arising from crises and tragedies will oversee distribution of donations to aid victims of the Aurora, Colo., movie theater shooting, says the Denver Post.

The Power of Catalytic Philanthropy

The Power of Catalytic Philanthropy: So when you come to the end of the innovations that business and government are willing to invest in, you still find a vast, unexplored space of innovation where the returns can be fantastic. This space is a fertile area for what I call catalytic philanthropy.

Catalytic philanthropy has the high-stakes feel of the private market, but can transcend the key market limitations above: The investor doesn’t need a share of the benefits—those go to poor people, or sick people or society generally, all of whom stand to gain earth-shaking returns from the kind of innovations that business and government likely won’t pursue unless philanthropy goes first. And once you’ve found a solution that works, catalytic philanthropy can harness political and market forces to get those innovations to the people who need them most.

The importance of listening to donor research

The importance of listening to donor research: et’s start from the beginning. Common knowledge tells us that regular giving is better than cash donations. We all know it; it’s our shibboleth.

Except of course we don’t, really. We can measure only what we record; and as long as there are anonymous donations we will never know the value of any donor. Unless 100 per cent of income – tins, events, gifts in kind, retail donations and purchases, sponsorship and legacies – can be tracked back to an individual and the complete behaviour of every don

White House Philanthropy Event Was a Closed-Door Affair - Government & Politics Watch - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas

White House Philanthropy Event Was a Closed-Door Affair - Government & Politics Watch - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas: The event—hosted by the White House Office of Social Innovation and Civic Participation and attended by philanthropists, nonprofit leaders, government officials, and others—was not announced publicly and was closed to the news media.

There were no news releases, White House blog mentions, or Webcasts.

A few participants blew the event’s cover, however. One nonprofit group sent out a news release about its founder’s plans to attend. Several attendees tweeted throughout the day at #WHInnovation. And some discussed it with The Chronicle afterward.