Executive Issues

3 Steps to Cash In on Existing Donor Referrals
July 20, 2010

More than 80 percent of donors would recommend the organizations they support to another potential donor, yet many organizations rarely ask for existing donor referrals.

More Chief Executives Took Pay Cuts Than Other Senior Staff Members at New York City Charities, Study Finds
July 19, 2010

At nonprofit groups in the New York metropolitan area, more chief executive officers than other senior staff members took pay cuts in the 2010 fiscal year, according to a new survey of compensation trends by the Nonprofit Coordinating Committee of New York. However, austerity wasn’t universal for top leaders, and signs point to bigger paychecks ahead for more of them in 2011.

Thirty-one percent of organizations reported a pay increase to their top executives in 2010 compared with the previous fiscal year, and 42 percent expected another increase next year.

How Fundraising Managers Can Protect Reserves as Assets
June 29, 2010

Many not-for-profit leaders ask whether temporarily and permanently restricted net assets should be included in determining an organization’s reserves. Operating reserves — funds that are available to support an organization’s day-to-day operations — are the appropriate measure to consider. This was one of the key findings of Grant Thornton LLP’s not-for-profit practice white paper entitled Maintaining Sufficient Reserves to Protect Your Not-for-Profit Organization.

A Crusader for Boldness as the Arts Face Deficits
June 29, 2010

NEW HAVEN — Watching Michael M. Kaiser, the president of the John F. Kennedy Center for the Performing Arts, speak to arts executives, as he did during two recent swings through New England, is like watching Jack Welch talk to business students.

The executives pay rapt attention, take notes and nod their heads. They ask questions, some of which begin with a heartfelt, “Thank you, Mr. Kaiser, for being here and speaking to us.” Standing ovations are routine, as are the crowds who hover hoping to shake his hand.

Budget Will Place Major Burden on Charities, Umbrella Bodies Say
June 24, 2010

The Budget will place a huge burden on charities and voluntary organisations, third sector umbrella bodies have warned.

They were reacting to the principal measures announced by the Chancellor, George Osborne, which include a 25 per cent cut in the budgets of government departments other than health and international development over the next four years.

Social Solutions Names Jay Love as New CEO
June 17, 2010

Social Solutions, the leading provider of performance management software for human services, announced today that its board of directors has named Jay Love to serve as the company's Chief Executive Officer starting on June 23, 2010. After a national search for candidates, Love was unanimously selected by the Social Solutions Board and Senior Management team. A proven leader with over 25 years of experience, Love has been successful at helping clients fulfill their mission more efficiently and effectively by bringing technology to the nonprofit world. With a customer-first approach, he values a corporate culture of philanthropy, honesty, professionalism, respect, and fun.

IRS Continues Its Focus on Governance Matters, Official Says
April 23, 2010

April 23, 2010, Chronicle of Philanthropy The Internal Revenue Service is not backing away from its controversial efforts to promote good governance by charities, according to its top nonprofit regulator.

The federal tax code does not explicitly set out governance standards for the IRS to enforce, but the tax agency in the past two years has been keeping an eye on charities' governance practices -- a move that has drawn criticism from some observers.