Tag Archive for Reporting

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.