NPQ’s Week in Review
Good Morning! We hope you enjoyed the weekend. At NPQ, what moves you is what moves us. The Week in Review highlights what our readers nominate as their favorite content and what they share with us and the community in the form of tweets, comments, contributed articles, and newswires.
But first, take a look at what you might have missed last week in some of the major news stories covered in NPQ.
AS FEES RISE MANY LEAVE BIG BANKS FOR NONPROFIT CREDIT UNIONS: As proposals of larger banks charging additional service fees arise, more and more people are taking action. Credit Unions are reporting a substantial increase in new demand since Bank of America announced its plan to charge five dollars a month for debit card use. Grassroots activists have even declared November 5th Bank Transfer Day. This effort appears to emerge out of the same sensibility as Occupy Wall Street.
ECONOMIC RECOVERY MAY STILL BE A LONG WAY OFF – THE STATS: a Wall Street Journal article last week provided a statistical look at why many of us do not believe that we are anywhere near the end of this recession. Among other disturbing facts: Median household income declined 3.2 percent between 2007 and 2009, down to $53,518, but declined another 6.7 percent to $49,909 between June 2009 and June 2011; “(T)he income of the typical American household, adjusted for inflation and in 2011 dollars, has dropped well below the January 2000 level ($55,836), and one out of every five homeowners with a mortgage is “underwater,” that is, they owe more on their mortgage loans than their homes are worth.
YOUNG PEOPLE’S LEADERSHIP HAS DIFFERENT RELATIONSHIP TO INSTITUTIONS: Ellen Alberding of the Joyce Foundation expressed hope as she made her own observations about the “differences” that young people are exhibiting in leadership.“As younger people are emerging as leaders in their own right, there’s a different view of institutions and how individuals interact with institutions. That’s really exciting.” She added, “Younger people are bold, and they are innovators.” As a comment on employment trends, she also noted, “People aren’t necessarily following the traditional paths as they come out of college, sometimes out of necessity.”
Readers’ Pick: THE Hottest article OF THE WEEK
As Occupy Wall Street continues to expand and get attention, protestors are being arrested all over the nation. A record-breaking number of attorneys are reaching out to the Occupiers—making their services available on a pro-bono basis to help represent and advise protestors. The National Lawyers Guild has been active in all of this. If protestors aren’t aware of their rights then confrontational situations with police and negotiations with public figures could get messy and unmanageable fast. A little knowledge of civil liberties can go a long way.
Conversation OF THE WEEK
This article was last week’s Hottest Article of the Week, but it continued to draw readers and lots of comments this week. The 40 comments were from nonprofit and philanthropic practitioners. Examples:
Melvin Thompson 2011-10-28 11:02
“As one of those newly minted nonprofit leaders, I couldn’t agree more. Some of these foundations are fairly myopic and often fail to see how some nonprofits blur the lines and contribute significantly and directly to other needs.
Quick example. At Habitat for Humanity Chicago South Suburbs, it has been difficult getting education-based foundations to fund us because we preserve affordable housing. Yet these same staid organizations are rapidly “discovering” that safe, decent shelter is the essential platform to health, education and well being. But here’s the kicker. They’re spending millions of dollars on research that nonprofits like ours already know.
We could use a changing of the guard in many respects to better illuminate the overlap of causes we serve.”
Samantha Castle 2011-11-03 03:03
These changes are already in action and swiftly becoming more apparent. Our We Give a Damn Programme in South Africa that promotes philanthropy amongst young professionals is constantly looking at different models with respect to giving. At one of our recent meetings young people had vigorous debates about how they would like to give. Some of the very same points mentioned in this article were confirmed in that discussion regarding Grantmaking. Young people are prepared to take more risks with their investment and take much more of an entrepreneurial approach. Our programme’s tagline is “Young People investing in Young People” and therefore they seek to use their grant innovatively to uplift young people. I think this is an exciting time as we as young people are changing the face of future philanthropy.
The conversation extended of course to Twitter:
Trending Tweets of the week
Thanks to all you tweeters out there. You help us spread the NPQ word and we’re grateful for your engagement. Rick Cohen’s piece on Wikileak’s donors leaving and it’s implications on the nonprofit sector ignited some intriguing tweets along with NPQ‘s timely article on protesters in Egypt supporting Occupy Oakland. Thanks to our community for surfacing and circulating what interests you! And if you don’t already, follow us on Twitter at @npquarterly.