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Fundraisers are optimistic about the next six months of major donations. By Maria Di Mento DAVID DEE DELGADO/The New York Times/Redux Ruth Gottesman, a former professor at the Albert Einstein College of Medicine and the 93-year-old widow of a Wall Street financier, donated $1 billion to the Albert Einstein College of Medicine. Wealthy donors gave more than $5 billion in 2024, including a $1 billion donation to the Albert Einstein College of Medicine.
Takeaways from a new cross-ideological venture that plans to spend $50 million in philanthropy-starved regions: “No one is coming to do this work for us." By Drew Lindsay Courtesy of Sipp Culture Grocery stores near Utica, Miss., have closed, so residents came together with the nonprofit Sipp Culture to create a community farm and commercial greenhouse.
Your financial statements hold powerful insights—but are you truly paying attention? Many finance professionals focus on the income statement while overlooking key signals hidden in the balance sheet and cash flow statement. Understanding these numbers can unlock smarter decision-making, uncover risks, and drive long-term success. Join David Worrell, accomplished CFO, finance expert, and author, for an engaging, nontraditional take on reading financial statements.
Meyer and Renee Luskin’s donation will enable the Luskin Orthopaedic Institute for Children to further its patient care, research, and medical education programs. By Maria Di Mento Reed Hutchinson Meyer and Renee Luskin pledged $50 million to support the Luskin Orthopaedic Institute for Children’s work treating orthopedic conditions and injuries. The hospital primarily treats underinsured children and is associated UCLA’s health system.
Although nonprofit jobs comprise about 10% of the American workforce, nonprofits are experiencing a workforce crisis. In the most recent Nonprofit Workforce Survey conducted by the National Council of Nonprofits, nearly 3 in 4 nonprofits reported job vacancies (exceeding pre-COVID levels), primarily due to salary competition, budget constraints/insufficient funds and burnout.
An impact report serves the inherent need donors or prospective donors have in knowing how their donation has helped/can help the cause they care about, and it serves stakeholders by providing transparency into their activities. Nonprofits of all shapes and sizes would benefit from producing an annual or every-other-year impact report.
An impact report serves the inherent need donors or prospective donors have in knowing how their donation has helped/can help the cause they care about, and it serves stakeholders by providing transparency into their activities. Nonprofits of all shapes and sizes would benefit from producing an annual or every-other-year impact report.
By Mahlet Getachew Corporations have driven life-changing innovation and the greatest creation of wealth in history. Yet this wealth—and the power and influence it confers—has accrued almost entirely to a tiny fraction of our population, leaving those who have contributed as much (if not more) with little to show for it. More than that, a resolute focus on maximizing profit and shareholder returns has pushed US jobs abroad, suppressed wages, stifled economic mobility, and degraded our natural en
The relationship between AI and health, environmental sustainability, and humanitarian efforts is complex. On one hand, when it comes to vulnerable communities, AI has been used for surveillance , has perpetuated economic inequalities , and sometimes, has served as an instrument of violence and domination. Through irresponsible and biased models, AI has also exacerbated preexisting inequities in healthcare.
Sometimes, the best way to connect (or reconnect) with your donor as a person is to bring your authentic self into the relationship. The post Don’t Forget to Be a Human! appeared first on Veritus Group.
For at least the past seven years I’ve been actively encouraging nonprofits of all stripes to prioritize beginning or ramping up their monthly giving program. Not a lot of nonprofits were really leaning into this then. But, as much sense as it made then, it makes even more sense now. So, I’m going to ask you: How are you doing with this? Here’s why I’m asking.
Traditional budgeting and forecasting methods can no longer keep pace with today’s rapidly evolving business environment. Static budgets, rigid annual forecasts, and outdated financial models limit an organization’s ability to adapt to market shifts and economic uncertainty. To stay ahead, finance leaders must leverage a future-forward approach—one that leverages real-time data, predictive analytics, and continuous planning to drive smarter financial decisions.
Remember how wonderful were the cookies your grandmother used to bake? Thank goodness she gave you the recipe. But they just aren’t as good as they were back then. What was the “grandma magic” she had that you don’t have? Maybe it’s the recipe. Maybe you’ve made “improvements” over the years that have fundamentally changed the cookies into a lesser version of themselves.
Cost of Ignoring Wage Disputes: Wake-up Call for Employees Have you ever experienced the frustration of being shortchanged by your employer? As a hardworking employee, you deserve fair compensation for your efforts. If you’ve encountered wage disputes or concerns about wage theft, this article is your wake-up call. By understanding the cost of ignoring such issues and taking proactive steps, you can protect your financial stability, career prospects, and overall well-being.
A recent MSN.com article is calling attention to a serious potential risk for charities and nonprofit organizations. In “ Nonprofits, beware the hidden dangers of email co-ops ”, Jake Smiths highlights problematic issues with the email co-op acquisition method. This echoes advice from an icon in fundraising circles, Roger Craver, whose prescient perspective from a couple of years ago predicted the danger these so-called co-ops present to fundraisers.
Speaker: Tim Sarrantonio, Director of Corporate Brand
Do you really know your donors? Not just what they give, but who they are? 👥 In this interactive session, we’ll break down how nonprofits can use behavioral indicators (affinity, recency, frequency, and monetary value) to build prospecting segments that go beyond wealth screening and actually align with donor identity. You’ll walk away with practical strategies to move beyond basic demographics and cultivate supporters based on how they already engage with you!
Understanding the Statute of Limitations for Personal Injury Claims If you’ve been injured due to someone else’s negligence, it’s crucial to understand the statute of limitations for personal injury claims. When facing medical bills, lost wages, and the stress of recovery, understanding the time frame for taking legal action is crucial.
Fortify Your Pillars of Resilience 4 minute read Caroline.McDowell Mon, 06/17/2024 - 14:12 Reprinted with permission of Nonprofit Risk Management Center In his chapter on “Resilient, Net Positive Leadership” featured in the book Certain Uncertainty , Andrew Winston questions the wisdom of an economy that “values efficiency above all.” Winston explains that while obsessive efficiency “certainly keeps costs down… it’s completely unfit for a vulnerable world.
Research has shown that Black nonprofit leaders face unique challenges , particularly in securing adequate funding for their organizations. A study by Candid found that nonprofits with Black CEOs are more likely to have smaller revenues than those with white CEOs. Similarly, Cause Effective’s study Money, Power and Race: The Lived Experience of Fundraisers of Color sheds light on the systemic issues Black individuals encounter in fundraising.
Image credit: Klaus Nielsen on pexels.com In May of 2024, the American Cancer Society announced the launch of the VOICES of Black Women study, a first-of-its-kind initiative that aims to enroll 100,000 participants in “the largest behavioral and environmental focused population study of cancer risk and outcomes in Black women in the United States.” If the study meets its aims, it could serve as a tremendous step forward in understanding disparities in cancer detection, treatment, and survivorsh
Payroll compliance is a cornerstone of business success, yet for small and midsize businesses, it’s becoming increasingly challenging to navigate the ever-evolving landscape of federal, state, and local regulations. Mistakes can lead to costly penalties and operational disruptions, making it essential to adopt advanced solutions that ensure accuracy and efficiency.
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