Nonprofit Boards Missing Financial Red Flags, Report Says
A new assessment of New York charity operations warns that the collapse last year of one of the city’s biggest social-service providers could be a harbinger if boards do not improve their financial oversight and risk management, Politico New York writes.
Tools to Schedule and Plan Your Social-Media Outreach
Nonprofit social-media experts offer advice on which programs to use to take the stress out of posting online.
By Grace Maliska
Contributor
6 Steps to Implement an Alternative Admissions Policy at a Museum
The Museum of Photographic Arts in San Diego outlines the steps any museum can take to move beyond traditional admissions fees to alternatives like a pay-what-you-wish policy.
By Angela Venuti
Contributor
Many Nonprofits Lack Necessities of Sound Leadership, Report Says
A high percentage don’t have strategic goals for their organizations or succession plans for their top leaders, imperiling their long-term survival.
By Rebecca Koenig
Contributor
Wounded Warrior Chair Defends Spending but Says Change Needed
The head of the embattled veterans charity’s board of directors tells CBS News that Wounded Warrior is working to rebuild trust with donors and former service members after firing its two top executives amid allegations of lavish spending.
Dog-Rescue Charity Linked to Alleged Tex. Investment Fraud
The bankruptcy trustee representing creditors of a financial firm accused of defrauding investors out of $1.3 billion alleges that the company’s former head used an animal-welfare charity to evade taxes and steer millions of dollars to his mistress, according to Bloomberg.
Nearly 100 Nonprofit Colleges Flunk Federal Financial Exam
Ninety-four nonprofit institutions of higher learning failed to meet Education Department standards for financial health in the 2013-14 academic year, The Chronicle of Higher Education reports.
Solving Nonprofit Money Woes Means Doing More Than Building a ‘Culture of Philanthropy’
A new report on nonprofits’ financial dysfunction focuses too much on fundraising and not enough on systemic issues, a nonprofit executive says.
By Nell Edgington
Contributor
Donations to Wounded Warrior Project Slow After Spending Scandal
One of the group’s top fundraisers canceled his own contributions and encouraged other donors to do the same, The New York Times reports.
‘Game of Thrones’ Actors Featured in International Rescue Committee Ads
The charity is working with cast members of the HBO fantasy show to raise awareness and $1 million for its campaign benefiting refugees and victims of conflict, The New York Times reports.
Metropolitan Opera Donations Are Up, but Credit Rating Is Unchanged
Despite declining attendance, the opera has “uncommonly high donor support,” but Moody’s Investors Service kept its credit rating steady with a negative outlook, The New York Times reports.
Wounded Warrior Upheaval Shows Perils of Fighting Charity Watchdogs
Former CEO Steve Nardizzi fought those who criticized his group’s spending on travel and other expenses. Regardless of whether he was right, his brash style may have doomed him, experts say.
By Timothy Sandoval
Contributor
Starbucks Executive to Lead My Brother’s Keeper Alliance
Other personnel changes include a new leader at EarthShare and new executives at the Charity Defense Council.
By anais.strickland
Contributor
Stars and Moguls ‘Flash Fund’ $14 Million in School Projects
Some 12,000 classroom projects for which teachers across the country were raising money at DonorsChoose.org were fully paid for in the “flash funding” campaign involving dozens of actors, athletes, and tech-industry titans, Fast Company and the Associated Press write.
Building-Rights Gifts Put Trump in Line for Big Tax Breaks
The Republican presidential frontrunner’s donation of “conservation easements” limiting development on his resorts, golf courses, and estate might be saving him millions of dollars in federal taxes, according to The Wall Street Journal.
Judge OKs Shutdown of Disgraced Penn State Coach’s Charity
The ruling Thursday turns over to state authorities about $750,000 in assets from the Second Mile, the youth nonprofit founded by ex-Penn State assistant football coach and convicted child molester Jerry Sandusky, Reuters and the Centre Daily Times report.