Posts Categorized: Director Duties

Modifying a Nonprofit's Original Mission

How does a nonprofit stay within its original mission but remain relevant? Petersen Automotive Museum is trying to do just that. It is liquidating nearly 1/3 of its 400 classic cars in order to finance a major reconfiguration of the organization, including a greater emphasis on motorcycles and French art deco vehicles. According to a …

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Can we be Facebook Friends?

You’d better think twice before asking that question of an employee if you’re a California employer, manager, or board member. Using social media avenues to connect with your nonprofit’s employees may seem like a good idea, but it can open up a Pandora’s Box of troubles for you and for the organization. For one, it’s …

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America's Most Wanted: Charities Edition

The Tampa Bay Times recently ran a series on what it and The Center for Investigative Reporting describe as the nation’s 50 worst charities. These include nonprofits whose fundraisers earn up to 98% of every dollar earned and whose insiders make millions of dollars per year. The articles also admonish charity regulators for not doing …

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Hershey Trust Settlement Shocks Many, Has a Lesson for All

Two years ago, the Pennsylvania Attorney General began an investigation into the $9 billion Hershey Trust, which operates a prominent residential facility for disadvantaged youth. The investigation started after the trust made multi-million dollar purchases of a golf course and an adjacent market. Allegations of inappropriate expenditures followed, claiming that board members received excessive compensation …

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Free Nonprofit Financial Workshop on May 21

Do you feel lost when reviewing your nonprofit’s financial reports? Education will help you conquer your financial trepidation and accounting firm Green Hasson Janks‘ upcoming workshop is a great place to start. The workshop will share tips and best practices for engaging your board and staff in the financial aspects of your organization. In addition, …

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IRS Releases Report on Colleges and Universities Study

In 2008, the IRS conducted a survey of colleges and universities in a number of areas including executive compensation and unrelated business income. About 400 organizations received the survey. Based on the questionnaire responses, the IRS decided to open further investigations into 34 of the surveyed colleges and universities. The results were shocking. A large …

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