I’ve often argued that the traditional non-profit model discourages necessary risk-taking. It does this for a few reasons:
1) Employees can’t own stock, so they don’t benefit from financial success. Yet they’re still vulnerable to financial failures (i.e. they can lose their jobs or suffer career setbacks). To a lesser extent, the same is true for [...]
The Financial Times reports on the increasing number of MBAs working in the non-profit sector:
In the past, executives seeking qualifications that would help them in the non-profit sector headed to policy schools or took programmes in education or non-profit management. “Now a lot more people are going the MBA route,” says Mel Ochoa, who graduated [...]
WNYC recently broadcast a segment that touched on the “grey-ing” of the non-profit arts sector. It’s a familiar subject that most artists have heard plenty about: The audience for the arts is gradually getting older and unless an effort is made to engage a younger demographic, many art institutions will die with its patrons.
But [...]
The Community Arts Network is publishing a series of “bridge conversations”:
“Bridge Conversations: People Who Live and Work in Multiple Worlds,” [is] a series of 18 conversations commissioned by the Center for Civic Participation’s Arts & Democracy Project and the Community Arts Network. These conversations highlight a diverse group of people — including artists, community activists, [...]
I recently met with Seedco Financial and went over some of their services. I wanted to post it because the services are very helpful for startups and those forming a non-profit organization. Here’s some information about the great services they offer.
Through Seedco Financial and its New York City ArtBusiness Initiative, you may be [...]
Philanthropy.com reports on a proposal for a new kind of for-profit / non-profit hybrid entity: the L3C:
[T]he low-profit, limited liability company, or L3C is designed to increase the number of program-related investments, or PRI’s, that foundations make in social-purpose businesses by making those enterprises easier to find. Proponents hope that foundation investment in those ventures [...]
Yesterday’s onPhilanthropy features a piece by Josh Moore on growing scrutiny and federal oversight of the non-profit sector.
A few of the highlights:
a lawsuit between Princeton University and the Robertson Foundation should establish new legal precedent on the enforceability of donor intent;
a draft of a new form 990, seemingly longer and more detailed, is currently [...]
The NY Times reported this morning that three New York non-profits have landed long-term leases in downtown Manhattan for $1/year. Poets House, the New York Public Library, and Mercy Corps are the lucky recipients of this bounty from the Battery Park City Authority.
For a smallish organization like Poets House, this is the kind of [...]
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