Why Businesses Should Give Cash, Not Products, to Aid Haiti; Plus More: Friday’s Roundup
By Maria Di Mento
Senior Editor
January 15, 2010 | Read Time: 1 minute
- With large companies giving more than $30-million to Haiti, Timothy Ogden, editor-in-chief of Philanthropy Action, a journal for wealthy donors, is urging business leaders to not give products, but provide cash to support experienced charities, and to think about assisting with the long-term recovery process, not just with immediate needs. His views appear on a Harvard Business Review blog.
- As disaster charities use text messaging to raise millions of dollars for Haiti relief efforts, Charity Navigator, a nonprofit watchdog, discusses on its blog how such text donations work and what potential problems donors should look out for.
- As Americans continue to show their interest in forming new charitable ventures, the nonprofit world needs to do a better job of educating them about the alternatives to starting a new nonprofit organization, writes Ellen Friedman, executive vice president of Tides, a nonprofit group based in San Francisco. Her views appear on the Huffington Post.
- In an effort to be public about its finances, MinnPost, a nonprofit newspaper in Minneapolis, has posted its 2008 informational tax return online with notes explaining why it ran a deficit, reported a loss in advertising sales, and that it received a filing extension from the Internal Revenue Service because the online publication was waiting for its first audit.
