By Steve Sauer, senior manager, BKD | Most historians agree the form and function of today’s board of directors began around the advent of the 20th century. English authorities decided the ultimate authority in a company was vested in the board of directors, and the nature and extent of its authority was to be enumerated […]
By Katie Johnston, Boston Globe staff | Millions of American workers who put in extra hours with no extra pay would soon be eligible for overtime under a plan unveiled Monday night by President Obama. The proposed regulations would more than double the current threshold at which many salaried employees stop getting overtime pay, covering […]
By Zac Kester, executive director, Charitable Allies | After reviewing the U.S. Department of Labor’s proposed changes, I believe that this would have a significant adverse effect on the budgets and operations of small nonprofits, especially those who currently pay their executive directors (or an equivalent position) and administrative support staff less than the new […]
By Jan Masaoka, director and editor-in-chief, Blue Avocado | “What does it say in the bylaws?” “Does anyone have a copy of the by-laws?” “I know I got one when I started on the board but . . . ” Here’s a new idea: a bylaws cheat sheet. Even if there is a copy of […]
By editorial staff, Idealist | The world is in the midst of what one observer has called an “associational revolution.” New nonprofits are being formed for every sort of purpose on every continent at the fastest rate in history. If you are thinking of joining this vast worldwide movement by starting — or helping to […]
By Lynn Sygiel, editor, Charitable Advisors | Been there, done that. In any endeavor, experience goes a long way. In the Indianapolis’ nonprofit world, wisdom is in no short supply, particularly from longtime executives. Many have seen changes in the field over the course of their careers. Recently, at the request of Charitable Advisors, five […]
Join JGA as we delve into the latest release of Giving USA: The Annual Report on Philanthropy and uncover what the data says about the state of fundraising and donor trends. We’ll be joined by Patrick Rooney, Associate Dean for Academic Affairs and Research with the Indiana University Lilly Family School of Philanthropy, who leads […]
By Sarah E. Needleman, reporter, The Wall Street Journal | What’s different about building a successful for-profit and nonprofit startup? Not much, according to Paul Graham, founder of Y Combinator, an elite accelerator program in Mountain View, Calif., that accepted a nonprofit for the first time this month, Watsi.org. “You could never tell there was […]
By Kyle Zimmer, president and CEO, First Book | Changing the world is a complicated business. You need a powerful mission that will inspire and motivate people; you need a problem that needs solving and an effective way to solve it. But you also need funding. It’s critical, but rarely the part that inspires people. […]
By Esha Chhabra, contributor, The New York Times | In 2013, The New York Times published a case study about a social entrepreneur, Saul Garlick, discussing what kind of legal structure would be best for his enterprise, ThinkImpact, which encourages entrepreneurship in third-world communities. He fundamentally had three options: continue as a nonprofit, go commercial, […]