Should the family foundation run by the CEO of a company convicted of environmental crimes be forced to pay for the necessary cleanup after the company’s sudden shutdown? The fact that the latest CEO makes $400 an hour as a trustee makes the setup look enticing.
In the end, it is up to nonprofit leaders to use the sense they were born with. So, what is NANOE trying to sell, again?
In the face of a loss of public confidence, 45 charities in the UK have paid the startup costs for a new entity designed to help regulate overzealous charity fundraiser behavior. But this effort hit a snag when some organizations protested the plan to pay board members governing the project.
Too many board members look the other way when nonprofit boards choose to pay some trustees for goods and services, including professional consulting. Not actress Angelina Jolie, who quit the Halo Trust board in protest for trustees doing business with the charity.
Exponent Philanthropy’s 2015 Foundation Operations and Management Report offers important insights into the world of foundations with only a handful of professional staff—or none at all.
