nonprofit board problems
Boards Behaving Badly: The Next Chapter
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A story of intrigue at a Wisconsin-based YMCA chapter gets curiouser and curiouser.
conflicts of interest
Memorial Sloan Kettering Forced to Address Its Own Ethical Lapses and Others Follow
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The financial siren song of big pharma has lured more than one nonprofit into dangerous waters.
medical research
Memorial Sloan Kettering Takes Adjoining Room with Big Pharma
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Observers have long noted the problem of the revolving door between federal agencies and the nation’s largest corporations. Now, we see the same dynamic recreate itself in the nonprofit sector, threatening the public’s confidence in our sector’s stewardship.
self-dealing
Wreaths Across America: Is a Nonprofit Built on Conflict of Interest Still a Nonprofit?
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A nonprofit that has seen revenues rise from $227,000 in 2011 to $14.6 million last year looks impressive. But with a large share of the revenues funneled to a single company that is owned by the same family that controls the nonprofit’s board, well…
conflicts of interest
Fundraising Revamp Follows Investigation into Major Conflicts of Interest at Sloan Kettering
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A recent investigation reveals multiple ethical lapses at Memorial Sloan Kettering involving both key staff and board, and the public look of them is deeply disturbing.
Organizational ethics
Is There Room in the Nonprofit Boardroom for Investing with Friends?
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Even if the conflict is disclosed, is it ever a good idea for a board to invest a third of its endowment in a hedge fund linked to one of its members? Duty of care, anyone?
charter schools
Public Schools for Private Benefits: An Arizona Tale
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This change in charter school ownership from for-profit to nonprofit appears to have only one rationale: more profit for the current owner.
environmental nonprofits
What’s Behind an Australian Foundation’s $444 Million Windfall?
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An Australian government grant of $444 million to a nonprofit with six full-time employees raises concerns about the government’s grant process, as well as its strategy for limiting damage to the Great Barrier Reef.
executive compensation
Political Connections and a Sky-High Salary at State Domestic Violence Nonprofit
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Questions are being raised about the salary of the CEO at the Florida Coalition Against Domestic Violence.
Board Chairs
When Your Nonprofit’s CEO Is Also Board Chair—and Makes Top Dollar
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Yatooma works for Charity Motors, a 501c3 with annual revenue in the $6 million range. He’s not just the 12th-highest-paid nonprofit executive in Detroit, with compensation of $263,585; he also chairs the board.