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I love the 4th of July! The cookouts, the family gatherings, and, of course, the fireworks! This year I’ve been thinking about the whole idea of independence and how that relates to the world of nonprofits. Here are four ways to consider declaring your independence at your organization this Fourth of July.
I work with clients to create development plans to ensure interdependence from one or two sources of income like events or publicly funded grants. The question “How do we label different types of donors?” always comes up.
The headline on the first page of the business section of the New York Times read: “Patchwork Oversight Allows Dubious Charities to Operate.” What unfolded was the tale of James T. Reynolds Sr., accused of cheating donors to his charities – the Cancer Fund of America among them - out of more than $187M, over many decades. The backdrop of the article was the role of the IRS in not only awarding charities their tax-exempt status but also being tasked with overseeing their compliance. A quote from the vice president of Charity Navigator, a go-to resource for many who are evaluating or researching charities, noted that the US has more than 1 million charities and that the IRS “will say they don’t have enough resources to monitor them.”
It was ordinary, yet extraordinary Saturday afternoon! It was just one of those typical days at the beach that we all hope for - sunny, cool, and absolutely nothing to do but enjoy the relaxation of vacation. Yet the moment took my breath away.
Whether you’re ready to expand your organizational capacity and move forward with purpose, or just want to talk shop, we’d love to connect.
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