In a recent report on excessive executive compensation, clues to a major violation among private foundations.
Continue reading "IRS Whodunit: Fingering the Flagrant Foundation" »
Family-friendly media review site web is organized as a charity, which allows a peek inside this dot-com operation.
Continue reading "Common Sense is Costly for Family Friendly Media Reviewer" »
Charity received and spent funds intended as investments, leaving elderly investors out by millions.
Continue reading "Charity Head Convicted in Phony Investment Scheme" »
Two Congressional Democrats replaced two Republicans on the board of regents last December. I have the details on how the board is appointed and a current organization chart for the Smithsonian Institutions.
Continue reading "Power Shift in Washington May Have Driven Smithsonian Turnover" »
The panel says nothing new about executive compensation and does not address the imbalance of power between board and CEO that causes the problem.
Continue reading "Nonprofit Panel Ducks the Main Issue" »
The truth is, American's don't much know or care about charity accountability—they just hate telemarketers and junk mail with a passion, and they are willing to take it out on charities.
Continue reading "Trent Stamp's Flip Shows Why Charity Accountability Flopped" »
Playing by the rules of the federal workplace giving program (similar to the United Way campaign), charity coalitions managed by Maguire/Maguire capture $60 million of the nearly $270 million given by federal workers.
Continue reading "For-Profit Firm Cracks the Combination at the Combined Federal Campaign" »
Start up costs and executive salaries represent a big chunk of expenses, while the organization makes just eight substantial grants. The web site still proclaims "Don't pay for bureaucracy pay for life."
Continue reading "Attorneys are Largest Beneficiary of Alicia Keys' Charity" »
The entertaining professor who founded the organization may feel a twinge of regret for going the charity route.
Continue reading "Google Buys Fun Statistical Visualization Tool from Swedish Nonprofit" »