This is a choice Jean Case, CEO of the Case Foundation, seems to have decided for all nonprofits. Her answer? Pro bono labor. Sen. Mark Warner (D-Va.) agrees. He was recently quoted in Business Week stating that only with pro bono technical assistance can nonprofit organizations build capacity. These two extraordinarily wealthy and influential voices …
Posts Tagged: non-profits
Ways Nonprofit Consultants Can Distinguish Themselves
Many nonprofit organizations are established to provide consulting services to other nonprofit organizations at cost. The founders figure that by serving only nonprofit clients and charging only enough to cover the organization’s costs, the IRS will certainly acknowledge the organization as tax-exempt. That assumption is wrong. In general, nonprofit organizations that provide consulting services comparable …
Federal Funding Comes With Strings Attached
Nonprofits that receive federal grant money are subject to certain restrictions and regulations that other nonprofits are not. For example, federal grant recipients commonly have to undergo specialized audits that confirm government money is being used appropriately. Further, federal grant recipients must not engage in religious activity that would violate the constitutional separate of church …
When Is Executive Compensation Too Much?
Nonprofit organizations have to attract quality employees just like other businesses. This is often hard to do with just a compelling mission. Attracting the best requires offering attractive salaries and benefit plans. But when is it too much? Congress holds that a salary package must be “reasonable.” Compensation is presumed to be reasonable if the …
Political Activity Policies are Critical for Nonprofits
Do your nonprofit’s employees or volunteers tweet, post, blog, Facebook, or just yell in the streets about their political preferences? If the answer is yes or you’re not sure, your organization may need to take steps to protect its tax-exempt status. 501(c)(3) organizations are “absolutely prohibited” from engaging, either directly or indirectly, in political activity. …
Newsletter – Avoid Fiscal Sponsorship Risks
Does your organization act as a fiscal sponsor? Do you use, or have you considered using, a fiscal sponsor for your program? Then you should take note of the rude awakening experienced by the fiscal sponsor world last month. As reported in the Los Angeles Times and Nonprofit Quarterly, International Humanities Center allegedly misused, diverted …