There are three main reasons why charities establish foundations: to create a new home for the annual fund; to establish an endowment; and/or to segregate funds. Speaking at the recent Infonex Conference, Charitable Organizations in the 1990s: Efficient Management &...
While consultants bring an important expertise to organizations, many firms are finding it difficult to adjust to their changing roles, the changing needs, and the changing times. No longer relegated to on-site assistance, primarily raising money for bricks and mortar,...
Analysts and critical observers of foundation and endowment funds comment that the related assets should not be managed or thought of in the same way as pension funds. This can happen easily, because the financial executive in many not-for-profit entities...
You know the joke - if God had struck a committee to create the world, it may never have come to be, and certainly not in six days. The mere word, "committee" fills us with dread. I think the committee...
Competitive or collaborative? Where do you stand on the continuum between these two opposites? How aggressive are you in asserting your organization's predominance in the community? How willing are you to work collaboratively with other organizations to achieve a common...
A Strategic Plan is a blueprint of activities, strategies and workplans for your organization or business which is designed to allow you to reach your goal in the most sensible, efficient and cost-effective way. Strategic Plans are best created by...
Why has the issue of the morality of charitable gaming become topical in the Boardrooms of Charities? In 1970, an amendment to the Criminal Code of Canada made it possible for charitable and religious organizations to conduct lottery schemes pursuant...
Charities are hunting for new income sources due to the fierce competition for donor dollars. Government funding, door-to-door and telephone canvassing, and direct-mail solicitation are losing their punch. Many charities have taken advantage of the opportunity to build their revenues...
Poor moral behaviour seems rampant in society, witness recent insider trading scandals, The United Way, Covenant House, and political scandals --- all of them moral issues. In fact, says Neal Davis, Vice-president for Development and Public Affairs, Heidleberg College, Tiffen,...
"Traditional statistical analysis simply confirms what we know today's problems to be," states Michael McKnight, National Executive Director of Big Brothers and Sisters of Canada. He adds, "Looking at demographic trends focuses us on what we need to do differently...
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