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Charity Raters Part I: Charting the Bad and the Bad
Wouldn’t it be great if there were an objective rating system so that donors could choose the best nonprofits to donate to just as investors use rating agencies to pick the best companies to invest in? Don’t answer; it’s a rhetorical question. Here’s w …
Matrix Map Part II: The Strategic Imperatives
In this article, Steve Zimmerman continues presentation of the Matrix Map model from the book Nonprofit Sustainability: Making Strategic Decisions for Financial Viability: In our last Blue Avocado column, we introduced the Matrix Map, which you …
The Matrix Map Approach Part One: How to Create the Matrix Map
You may have heard of the Dual Bottom Line: the idea that strategic choices must serve both mission impact and financial viability. But how do you turn this idea into a quantitative decision-making tool? Blue Avocado columnist Steve Zimmerman sum …
Deconstructing Sustainability
Maybe in some mythic past it was possible to think first about strategic impact goals, and then about how to raise the money. But today we know better: you can’t talk about what you’re going to do without talking about how to get the money. And, …
Donor-Advised Funds: Non-Transparent Tax Shelters for Good
Nonprofits are probably most familiar with donor-advised funds (DAFs) at community foundations: a donor gives, let’s say, $1 million to a community foundation and gets a $1 million tax deduction that year. Over the next several years, the donor …
Donor-Advised Funds Background
This brief introduction to donor-advised funds (DAFs) accompanies the Blue Avocado article “Donor-Advised Funds: Non-Transparent Tax Shelters for Good.” In 1931, a New York community foundation created the first donor-advised funds (DAFs). But a …
High Pay for Nonprofit Execs? Analysis of 100,000 Salaries
Everybody has an opinion about whether nonprofit executives are paid too little or too much, but almost nobody has any real data outside their own experiences. At last! Economist Linda Lampkin (left) analyzed 100,000 nonprofit CEO salaries and ha …
I Survived an IRS Audit
Uh oh. We are all afraid of getting audited by the IRS, but we don’t really know what would happen in one. Here is the True Life story of an environmental organization’s audit, how they survived, and their tips for the rest of us. It’s th …
The Philanthropic-Consultant Industrial Complex . . . editor notes issue #74
You’ve probably heard of the 5% payout requirement for foundations . . . but most people mistakenly believe this means that foundations must grant out 5% of their assets each year. Actually, foundations must spend 5% of their assets each year . …
Accounting Procedures Manual Template
Has “Create an Accounting Procedures Manual” been on your To Do list for several months now? For several years? You aren’t alone. We often stumble on this task for two, curiously contradictory reasons: Creating an Accounting Procedures Manua …
