New York Governor Andrew Cuomo announced a new state initiative Sunday that will grant $50 million to nonprofit groups to help them with job creation and affordable housing programs. That initiative will be the first undertaking of a new office Cuomo is creating called the Office of Faith-Based Community Development Services.
November 16, 2009, Newsday — Long Islanders who receive solicitation calls for charity should know this: Only a fraction of each dollar they give through such calls actually reaches the charity.
For-profit executives use business models—such as “low-cost provider” or “the razor and the razor blade"—as a shorthand way to describe and understand the way companies are built and sustained. Nonprofit executives, to their detriment, are not as explicit about their funding models and have not had an equivalent lexicon—until now