A new study reported that higher nonprofit overhead can lead to greater efficiency, a direct contradiction to a common critique on the charitable sector. Unfortunately, the actual details of the study aren’t impressive and leave me questioning the value of these surveys. Read more »
Two recent articles by Stephen Donshik have crystallized why board members need to stay objective...Even with the best of intentions, losing objectivity weakens the board’s ability to accomplish its primary task of governance. Read more »
The following is a "nice" story. An example of a charity's CEO showing fiscal responsiblity and financial leadership. It is the kind of story we all-to-often don't hear about as the media chooses to focus more on misleading reports about the lack of financial know-how in nonprofit organizations rather than on organizations...Read more »
In mid-October of this year, Israel's Registrar of Charities issued “10 Golden Rules for Donors” (Hebrew). While the document is meant as a guideline for individuals, it holds immense value for the Israel's charities, as well.
Governments equates the tax-deductible rebate they offer on donations as equivalent to a donation by the...Read more »
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. Read more »
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...Read more »
In practical terms, Financial Transparency is an organization's ability to demonstrate from a monetary perspective (1) WHAT is the charity doing and (2) WHY the charity is doing it. Moreover, the ability to clearly answer the above two questions is extremely relevant today's environment of increased competition and the need for organizations to...Read more »
On August 2nd, I attended a lecture organized by the Jerusalem Web Professionals (JWP) and given over by appSTUDIO on "Making Your Website Mobile in 2011." The embedded 5 minute video is an edited version of my after-session interview with some of the consultants that attended the event and the experts from appSTUDIO; including...Read more »
I spoke recently at the Kishor conference to Women Professionals on Raising Capital. I really enjoyed the challenge of preparing for the talk as the subject was a business term not often used when working in the nonprofit sector.
When priming the presentation for the expected for-profit audience, I was surprised – though in...Read more »