Author Archive for Shuey Fogel

9 Steps to Recovering from a 30% Deficit

"Hole in the Gound" by OneCog2Many

Two year ago, this female colleague applied for an Executive Director (ED) position at a particular charity knowing that the organization was facing a 500 thousand shekel (approximately $130 thousand) deficit. After about nine months on the job, the nonprofit was back on track and on the road to a surplus for the following year. What was this ED’s technique and how could other nonprofits benefit from her experience?

USA State Solicitation Regulations Are Fierce & Far Reaching

"Paperwork" by Curtis Gregory Perry

With such as significant portion of donations to Israel’s charities coming from the United States, changes in American legislation can have a profound impact on Israeli nonprofit organizations.

For this reason, I happily agreed to co-host (along with Charlie Kalech of J-Town Productions) Laura Solomon, an attorney based in Philadelphia who specializes in nonprofits. Laura was a powerhouse, leaving me and the other attendees racing to take notes fast enough.

Avoiding “Fashlas” by Your Accountant

"Empty Pockets" by DanielMoyle (Flickr)

The word fashla is Hebrew colloquial for “screw-up”. And yes, even your accountant, an Israeli charity’s best friend, can make a few.

As a banker I see this particular slip-up more often than you think. Here are two ways to avoid your accountant inadvertently putting your organization in the red.

3 Reasons Why Nonprofits Should Proactively Pursue Financial Transparency

"British Money and Magnifying Glass" by Images_of_Money

The message being thrust at today’s charities is the need for transparency. In conversations with charities, however, I still sometimes hear doubts expressed regarding the need for openess. For decades financial data has always been a closely guarded secret , available only to the priviledged inner circle — why change now?

In this post we will examine the reasons — both selfish and altruistic — why organizations should proactively pursue Financial Transparency and post their relevant Financial Reports on their websites.

Israel’s ONLINE Overhaul of its Nonprofit Sector (Guidestar Conference, Part 2)

GuidestarLogoAltered

As was mentioned in my previous post, Israel’s OFFLINE Overhaul of its Nonprofit Sector (Guidestar Conference, Part 1), the June 26th Conference Organized by Guidestar Israel tantalized the attendants with many planned improvements within the government offices tasked with overseeing Isael’s nonprofit sector.

Even more monumental, though, are the changes that are taking place online. Here we are seeing not just an upgrade in software, but in approach and analysis whose rippling effect will be felt far beyond Israel’s shores.