Tag Archive for Israel Terminology

Are “American Friends of” Organizations a Thing of the Past?

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International organizations have been highly successful in raising funds from the United States through U.S. based charities commonly referred to as “Friends of” organizations. These charities are registered in the States and have 501(c)3 tax-exempt status and, thus, allowing these donations to these essentially foreign organizations to be tax-deductible.

As you can imagine, many international causes consider a “Friends of” organization as a crucial step in their fundraising strategy.

Hence, recent conversations I have had are causing me to worry.

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Weekly Must-Reads: January 24

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A list of the essential articles that I posted to Twitter from January 17, 2010 – January 23, 2010. This week’s categories: Crisis in Haiti; Nonprofit Governance & Strategy; Internet, Social Media & Fundraising; Israel & Jewish Nonprofits; and Israel Economy & Finance.

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The Great Balancing Act: Public Offical or Social Innovator

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For years we have been witnessing charitable institutions hiring business executives in order to increase fundraising or professionalize the organization. I remember the big news when the President of Columbia University, George Rupp, accepted the presidency of the International Relief Committee in 2002. Some of us alumni were bewildered by the move — leaving the private sector for the public sector, unheard of!?!? However, what seemed like an isolated incident then, was actually indicative of many nonprofit organizations.

But is the reverse true? Are the corporate and public sectors luring away nonprofit executives in the hope of improving their social standing and/or activities?

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Last Week's Dollar: Why the Big Jump?

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In the past I have written about the US dollars tough battle against a downward spiral. In short, the UnitedState’s dollar is fighting an increasingly gargantuan federal deficit and the prospect of continued low interest rates neither of which bode well for the strength of the dollar.

With that said, what happened last week that caused the dollar to soar against the shekel? Friday, October 23rd, saw the dollar close at 3.6972 while a week later on Friday, October 30th, the dollar closed at 3.7545 a jump of 1.5% in only seven days!

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