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NYC Charity Leader Sentenced for Stealing Funds
William Rapfogel, the disgraced leader of the Metropolitan Council on Jewish Poverty, was deeply connected politically, but now may face ten years in prison for his misdeeds.
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L.A. Union Head Will Fight Court Order to Avoid Opening Nonprofit Records
The legal battle continues amid an ongoing political debate over the role of the union in managing the Department of Water and Power and its political activities in the City of Los Angeles.
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Some Unanswered Questions About Benefit Corporations, L3Cs, and Social...
As the print version of the Nonprofit Quarterly prepares its upcoming issue on hybrid organizations, this edition of the Cohen Report looks at some questions raised by a few of the newer organizational...
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Recession Started a Boom for this Nonprofit Retailer: Here’s How
The years of the recession were tough on many small businesses but not so for thrift stores. They have been experiencing their boom years.
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Oregon Turns Over State Insurance Exchange to the Feds
Things have to have gone terribly wrong in Oregon for the state to decide to shut its state exchange and turn over responsibility to the federal government’s Healthcare.gov. The combination of...
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Navigating a Nonprofit Corporation through Bankruptcy
Just like for-profit corporations, nonprofits can be susceptible to financial problems and insolvency, and may ultimately seek protection under the Bankruptcy Code. While there is ample guidance for...
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Sudden Eviction of RI Arts Group Spurs Emergency Fundraising Campaign
Even if you have been fairly stable thus far as a small nonprofit, it is worth having emergency plans, which should, first and foremost, include plenty of committed friends.
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San Diego Opera Supporters Pledge More Than $300,000 in First Three Days of...
As the community rallies around the struggling San Diego Opera, new board and staff leaders look to find a way forward and save the 49-year-old company. Meanwhile, the two most senior staff leaders are...
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Hybrids, Hybridity, and Hype
NPQ is just going to press with the latest edition of its print magazine. Today, you can subscribe for a year at $10 below the usual price.
View ArticleConsolation Prize for Housing Organization: $6.4 Million
The real estate market is a fickle variable, but it worked in favor of the Palo Alto Housing Corporation, which bought a site to develop into senior housing in 2012 that they sold to another developer...
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Bumps and Slowdowns in UK Social Impact Bonds
The first social impact bond project in the world—the Peterborough prison project in the UK—is being restructured, supplanted by the British government planning to implement major prison reforms...
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In Odd Evolution of a Social Enterprise, Businessman Transfers Ownership of...
It is, of course, very common for donors to give stock in lieu of cash, but this guy donated his entire business to be run as a social enterprise by two of his favorite charities.
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Yet Another Symphony (Green Bay) Declares Intent to Close
The latest classical music organization to throw in the towel is the Green Bay Symphony, but will this towel stay thrown?
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Colorado Bill Proposes Cannabis Credit Unions
A bill in the legislature would model the marijuana co-ops after nonprofit credit unions, but the plan depends on the unlikely approval of the U.S. Federal Reserve Bank.
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Do You Know the Value of Your Local CDFI?
Community Development Finance Institutions fill a gap in the loan landscape, and the Nonprofit Assistance Fund is one excellent example.
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A Wildcat Sanctuary and a Whistleblower Suit
Six former employees are suing a wildcat sanctuary for unfairly terminating them after they blew the whistle on financial impropriety. This is a case to watch.
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Met Opera Contract Talks: Something’s Gotta Give
If it’s Wednesday (or Thursday…or Tuesday, of late) there must be another story about a cultural institution coming to grips with the new realities of doing business with higher costs and lower...
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Social Impact Bonds Not Well Received at Senate Budget Hearing
Although Senator Mark Warner suggested that government was pretty incapable of understanding, finding, and funding programs that work, his solution—that the market discipline of private investors was...
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Fight Between Norton Healthcare and Kosair Charities Gets Ugly
Kosair once operated its own children’s hospital, but closed it in 1982 to help establish the Kosair Children’s Hospital to be managed by Norton Healthcare. An agreement about how donations were to be...
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Long Tail of Recession for Marin Nonprofits: Study Highlights Importance of...
A foundation is surprised by the dissatisfaction with its grantmaking expressed by local nonprofits, but shifting money from general operating to special programs right before the recession was almost...
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