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AG: Motor City Can’t Sell Masterworks to Pay Down Debt
According to Michigan Attorney General Bill Schuette, Detroit can’t sell works of art from the Detroit Institute of Arts to solve its financial difficulties, even if the city is the owner of the art.
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Big Brothers Big Sisters Dinged for Inadequate Oversight of Federal Money
The DOJ’s Office of Inspector General found Big Brothers Big Sisters of America in material non-compliance regarding $23.2M in grants.
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Late on that State Report? Prepare to Pay the Piper!
The state treasurer of Louisiana is preparing to start debt collection proceedings against 36 area nonprofits that received tax monies but have not complied with reporting requirements.
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Measure for Measure: The Nonprofit Impact Conversation Continues
The “overhead myth” has at last been debunked, and it now seems there’s no nonprofit Holy Grail, either. Which is not to say the sector doesn’t have great stories to tell about outcomes and impact—it’s...
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Does Impact Investment Signal A Paradigm Shift?
Impact investing is very appealing. It provides a financial return on investment and accomplishes a social mission. But is it the paradigm shift we’ve been waiting for?
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What the Heck is “The Serendipity Economy,” and Why Should We Care?
The insistence on predictive metrics and working with the proven side by side with an interest in innovation leaves many wondering what the heck funders are on about. This blog post from HBR states...
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To Disclose, or Not to Disclose; That Is the Question
A number of 501(c)(4)s based in New York State are seeking exemptions from the law that requires them to disclose their well-heeled donors.
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A Museum Works Hard to Find Steady Ground in Milwaukee – It’s Not Easy
Many museums are having a tough go of it right now. The perfect storm often involves shrinking endowments, overspending on facilities, and exhibits that do not pay off. In Milwaukee there’s a...
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Small and Informal and Vulnerable to Fraud: A Warning
Andrea Merrill, a founding board member of Kai’s Village, awaits arraignment on the charge of having allegedly taken $10,000 from the Worcester, Mass. nonprofit.
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Will This Dance Group’s Fast Footwork in the Face of Bankruptcy Be Sufficient?
As Dance New Amsterdam restructures under Chapter 11, we find much that’s familiar in their predicament.
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Multi-Million Dollar Salaries and Perks for University CEOs on the Rise
Lavish perks and salaries increasingly characterize the job of university president at private colleges and universities in the U.S. It’s a matter of legitimate debate whether multi-million dollar...
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Six Promising Dynamics for Detroit’s Revival
Detroit is bankrupt, shedding population, and aiming to knock down tens of thousands of vacant homes, but Detroit activist Larry Gabriel sees elements of the city’s revival already underway.
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The Budget Games: An Obscure 10-Week Funding Plan from House Republicans
The Fiscal Year 2014 budget games are starting in rapid fashion. See if you can figure out what’s behind the House Republicans’ plan to approve a spending plan for only 10 weeks of the fiscal year....
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New Clara Miller on Enterprise Capital
Over the years NPQ has published some real classics in the realm of nonprofit financial management, and a number of them were from Clara Miller, head of the F.B. Heron Foundation, who at the time...
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Whistleblower Upends CEO of Major New York City Poverty Organization
Charity CEO uses insurance carrier to use hundreds of thousands dollars a year for personal and political uses, many being the NYC political elite.
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Founders Who are Effective Over Time: Their Characteristics
Is founders’ syndrome dependent on personal and organizational characteristics? This research, looking at world-class programs where founders have remained involved over decades, suggests it may be.
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When a Board Seat Becomes Uncomfortable
When a nonprofit board works well, it’s a thing of beauty and a satisfying experience for all involved. More often than not, however, the nonprofit board is a bit ungainly and leaves board members and...
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Professional Development – No Luxury Expenditure for Nonprofits
With the reduced revenue pressures on many nonprofit budgets, and the scrutiny of overhead expenses sometimes professional development can be put off or even neglected completely but at what cost?
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Decentralized Nonprofit or Human Services Provider? Here’s an Exposure You...
If your organization works as a decentralized environment, it and your clients may be at particular risk for fraud says this auditor and risk management expert. Nonprofits must monitor field...
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Charity Chief in UK Accused of Classism in his Attack of NGO Exec Salaries
William Shawcross, head regulator for charities in England and Wales, stands accused of hypocrisy in calling out the salaries of aid organizations rather than the UK’s tax-exempt schools.
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