When you think of the Red Cross, the Boys & Girls Club, and Girls Who Code, what do they have in common? They are all nonprofits organizations that rely on fundraising as part of their revenue to accomplish their missions. In the United States, about 50% of nonprofit revenue is donated or granted. Many organizations… Read more »
Image courtesy of Charity Defense Council In the United States, nonprofit organizations are often praised for spending high percentages of their budgets on program costs. Nonprofit watchdog organizations, such as Charity Navigator, even reward organizations that have higher program spending by giving them higher charity ratings. While seemingly harmless, this leaves nonprofits in a position… Read more »
Have you ever considered how exactly nonprofits stay in business? I mean, if the whole point is to *not* turn a profit, how exactly are they funded? And who’s job is that anyways? This study takes a look at state grants, their requirements, and how they actually impact nonprofits on the daily. Many nonprofit leaders,… Read more »
The benefit corporation is a new corporate form that offers a vehicle for for-profit companies to embed a social mission into their legal structure. Prior to the creation of this structure, for-profit companies were obligated to act in the best interests of their shareholders. Typically, this meant companies had to maximize profits, and in turn,… Read more »
Each year, roughly 200,000 people in the United States fall victim to sex trafficking. This tragic statistic is actually known by experts to be a gross underestimate of how many individuals experience trafficking every year. Inaccurate data, combined with an overall lack of awareness about the issue as a whole create a daunting environment for… Read more »
Likely, you have seen, or have been affected first hand by the work of youth development organizations in your community. Think of your local girl scouts troop, the Boys and Girls Club you went to after school, or the summer camp your sister attended. These organizations are important to the communities and children they serve…. Read more »