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.
The headlines in 2012 were all about looking to the future.
While there were some stories with immediate consequences, the effects of most of the headlines will only rear their heads in 2013 (at the earliest). Change in the wind? Yes. On the ground, not so much.
So what’s in store for Israel’s global nonprofit sector? The following are nine of the top news stories of 2012 and their significance:
Recently, Eli Malinsky shared five predictions for the future of Social Entrepreneurship (SE). His first, the title of this post, doesn’t seem to hold true for the Jewish nonprofit sector.
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?
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.
Below are The 10 Golden Rules (in English) and its implications for nonprofits operating in Israel.
This week’s topics: US Sector • Israel Sector • Management, Governance & Strategy • Fundraising & Marketing • Social Media • Corporate Culture • Personal Finance
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.
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.
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.