A friend who serves on a nonprofit board asked me whether her organization was drawing enough from its endowment each year. “Probably not,” I answered. Then she described her organization’s…
{Note: This post has been co-published by the Maine Association of Nonprofits.} It’s not easy being a nonprofit CEO. People expect the CEO to have all the answers. The ideal CEO…
In a recent series of articles, The New York Times detailed how nonprofit think tanks are rife with conflicts of interest. The Times reported how corporations made charitable donations to certain think…
[This post was co-published in The Chronicle of Philanthropy on August 9, 2016.] The charitable world has been buzzing recently about a new idea from the Minneapolis Foundation: The Pay It Forward…
The late comedian George Carlin had a shtick back in the 1970s where he played a television sports anchor. With mock seriousness, he’d stare at the camera and say, “Here’s…
[This post was later published, with some small adjustments, as an op-ed for Inside Philanthropy on May 3, 2016.] Presidents of large private foundations get paid too much. I don’t say that…
[Note: This essay is based upon my presentation of the same title at the International Conference of the Association of Fundraising Professionals, delivered March 21 in Boston.] Charitable organizations are always…
People make dumb decisions. Sometimes the decision isn’t really a decision at all, but simply a momentary loss of focus, like locking yourself out of the house when you take…
Most of us don’t question the basic operating procedures of private foundations. They are what they are. But if not for a turn of events a century ago, the common…
It’s not often that good news comes out of Congress these days. But the nonprofit sector should give Congress credit for a provision in the federal budget that was passed…