Big Brothers Big Sisters of Palm Beach County (West Palm Beach, Fla.): Appointed Terry Lee Kaly, vice president of wealth management at Harris Trust (Palm Beach), to be chief executive officer. Boys & Girls Clubs of Greater Scottsdale (Ariz.): Appointed Chris Marshall, former associate director of…
Following are summaries of recent reports by the BBB Wise Giving Alliance. This private group reports on whether charities meet standards for fund raising, governance, financial management, and public information. The alliance does not approve or disapprove of charities, and urges potential donors…
Religious Groups Seek Exemptions From Pension Law
Religious groups seek exemptions from federal pension laws
Judge Sentences Charity’s Former Accountant to Jail
Accountant sentenced to jail for embezzling from a charity
James Beard Foundation Seeks to Change Its Mission
After its entire board of trustees quit last year, and its president went to jail for stealing from the nonprofit organization, the James Beard Foundation, in New York, is rethinking its mission of culinary education and preservation, reports The New York Times. With a new president and a…
Salvation Army Builds $80-Million Center in San Francisco
Using $54-million donated by the late Joan Kroc, wife of the founder of the McDonald’s fast-food chain, the Salvation Army will next week begin building a new $80-million community center and low-cost housing complex in the Tenderloin section of San Francisco, The San Francisco Chronicle reports.…
Resources for More Information on Fiduciary Responsibilities
VOLUNTEERISM Numerous publications and other resources can educate board members about their fiduciary duties. Here’s a sample list: Governing Nonprofit ALSO SEE:Tips to Help Board Members Better Understand Their Fiduciary Duties Organizations: Federal and State Law and Regulation, by Marion R.…
By Lynn O'Shaughnessy
Contributor
Tips to Help Board Members Better Understand Their Fiduciary Duties
VOLUNTEERISM By Lynn O’Shaughnessy The executive who used to prepare the financial reports for Meet the Composer, a nonprofit arts organization in ALSO SEE:Resources for More Information on Fiduciary Responsibilities New York, always crammed the documents with data. The avalanche of numbers,…
By Lynn O'Shaughnessy
Contributor