Where have I been? www.utahcf.org!
So this blog has not exactly been active ... and the reason is simple. I am blogging away at the Community Foundation of Utah web site instead. And I am on Twitter, Facebook, the whole mcgilla.
Hope you'll migrate your reading in the Foundation's direction!
Rep. Xavier Becerra still mad
"When I see a nonprofit organization paying its executives more money than the president of the United States, I don't know if the folks in my district who are paying taxes on the $30,000 they make a year appreciate that," said Becerra.
Board size matters.
Most of the 100 foundations that lost 30 percent to all of their assets in the Madoff scandal had four or fewer board members, according an analysis by the National Committee for Responsive Philanthropy. Read here
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Loved this - what about your agency?
Eighty percent of U.S. nonprofit organizations are experiencing fiscal stress, with close to 40 percent reporting that the stress was "severe" or "very severe," a new survey released by Johns Hopkins University finds.
And here is the "perfect storm" affecting nonprofits:
declining revenues (51 percent)
rising health benefit costs (57 percent)
declining endowment values (80 percent)
Time for health care for all.... and a community foundation for Utah!
Beware of 'efficient' nonprofits
Interesting blog by Dan Pallotta in this week's HBS blog on the potential downfalls of efficiency.
Here is his gripe -- the drive to have 100% of donations go to the 'casue' drives npos to under report the actual cost of doing business.
"The Nonprofit Overhead Cost Project studied the Forms 990 of 126,956 charities. The following findings are remarkable:
Good study on the effect of the crash on agencies
This new study by the Boston Community Foundation examines how the economic downturn has affected nonprofits in Massachusetts and across the country, Interesting analysis of cost-cutting measures and mergers.
Social entrepreneur of the Year
Turns out this Ernst and Young Entrepreneur of the Year award is a big deal -- more than 1,200 people in black tie screaming for their favorites. Not exactly what those of us from the nonprofit world are used to!
Congratulations got to Matt Minkevitch and Jessica Norie who along with the Gibsons were the finalists. Matt accepted the award with his usual grace, noting how terrific the other finalists were. I was struck that few if any of the other recipients mentioned the other finalists!
