There are potential buyers waiting to be given the chance to buy and resuscitate the New York City Opera, and one of them thinks the board, grinding its way through bankruptcy proceedings, is dragging its collective feet!
AN NPQ CLASSIC:
One of our favorite cartoons from back in the day is Pogo, and one of our favorite quotes from the little guy, from a cartoon that was a shout out about environmental ruination, is, “We have met the enemy and he is us.” Ted Ford Webb uses it here for this great piece on how, in executive searches, we can be our own and the world’s worst enemies.
Detroit’s emergency management team just filed a plan with the bankruptcy court, and it is devastating. It tells Detroit’s hundreds of nonprofit vendors that their contracts will be terminated en masse. Any payments they are owed will be nixed, and they can get at the end of the line of the city’s creditors and hope there might be a few pennies left to grab.
When City Limits ran into problems during the recession, Community Service Society of New York was there to act as a bridge.
According to a survey reported in The Independent, only one in 10 charity executives believe the British government’s Big Society has been a success.
The exodus of California nonprofits to Oakland has the city of San Francisco concerned.
Epic health center failure highlights a practice to be avoided at all costs.
Water isn’t a luxury purchase; it is a necessity in modern society. But Detroiters are still being deprived of running water due to a city department’s decision to shut off water services for a couple of thousand customers each and every week due to delinquent bill payments.
What happens in Detroit this week won’t stay in Detroit. The “Grand Bargain” to save the Detroit Institute of Arts and help capitalize the starving Detroit pension funds will set the participating foundations on an unprecedented course of action and speak volumes to foundations elsewhere in the nation facing fiscally troubled cities.
“Mikey” Weinstein’s salary as CEO absorbs nearly half of the revenues of the Military Religious Freedom Foundation, a nonprofit he founded in 2005. Combative and generating virulent critics from the religious right for his dogged advocacy for church/state separation, Weinstein might be well advised to change some of the financial and governing practices of the organization free of nagging questions about his compensation and the board’s oversight.
Even the Tea Party can get something sort of right. In Carmel,
For those organizations lucky enough to have an angel – either as a donor or as the glue that makes the organization run, it is important to plan for the moment when that person is gone – for whatever reason. Here are two situations that exhibit why.