Posts tagged "poverty"

Hoarding endowments: How poor students and taxpayers preserve the wealth of private higher education

Hoarding endowments: How poor students and taxpayers preserve the wealth of private higher education
Buried in this story about elite universities’ practice of hoarding endowments while squeezing money from Uncle Sam and poor students is a nugget of information on which the otherwise all-knowing Nonprofiteer has previously failed to focus: that colleges and universities are exempt from the 5% distribution rule which controls hoarding by foundations.  Institutions of higher... Read more »

Impact Investing Is No Substitute for Philanthropy

Impact Investing Is No Substitute for Philanthropy
This letter to the Sun-Times by Phillip Jackson, Founder and Executive Director of Chicago’s Black Star Project, ably summarizes everything that’s wrong with the recent announcement by the MacArthur Foundation, the Chicago Community Trust and the Calvert Foundation that they plan to join forces to lend money to nonprofits, a behavior they style “impact investing.”... Read more »

Low pay at nonprofits: a worm's-eye view

The Nonprofiteer rarely publishes the work of anyone else, but if ever there was a case for an exception it’s this post about the low pay at nonprofits.  ProgChik drills down into the f***ed-up world of nonprofit compensation (or nonprofit noncompensation, as the case may be).  Many thanks to the author for permitting me to... Read more »
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When is a nonprofit health insurer just another greedy insurance company?

Finally someone calls out a BlueCross BlueShield licensee for what it is: a business operating under the protection of nonprofit status, rather than a true nonprofit health insurer.  Admittedly the Nonprofiteer has a dog in this fight, having been insured by the selfsame licensee, Health Care Services Corporation, until it discontinued her PPO policy and... Read more »

Stop giving charity and start giving jobs

Stop giving charity and start giving jobs
A word to the corporate wealthy: stop giving charity and start giving jobs. Or, perhaps even more to the point, stop withdrawing jobs so that people are compelled to accept your charity. If you, like the Nonprofiteer, wouldn’t have thought to look to a travel writer for the most clear-sighted account of corporate philanthropy-or-do-you-say-hypocrisy, you... Read more »

Donations by wealthy patients: why not?

Donations by wealthy patients: why not?
The Nonprofiteer is shocked, shocked! that some medical centers are asking doctors to help secure donations by wealthy patients.  Because after all, with every possible medical need met by our current system, why should hospitals even think about getting additional money? What’s that you say?  There are still unmet needs?  Then asking people who have... Read more »
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Gender gap in nonprofits, the sequel: we're worse paid, AND there are fewer of us

Gender gap in nonprofits, the sequel: we're worse paid, AND there are fewer of us
More gender gap! GuideStar reports that there are fewer women running nonprofits this year than last, AND that we’re paid worse.   No wonder we do this work!  

State Payments to Nonprofits during the Illinois Budget Impasse: An Update

State Payments to Nonprofits during the Illinois Budget Impasse: An Update
State Payments to Nonprofits During Budget Impasse The Executive Service Corps reports: In a conference call on Tuesday, September 8 with 23 members of her Nonprofit Advisory Council, Illinois Comptroller Leslie Geissler Munger talked about the process that nonprofits can follow to request and expedite payments from the state. . . . If you are... Read more »

"Don't ask for grants when the stock market is down, because rich people are easily frightened"

"Don't ask for grants when the stock market is down, because rich people are easily frightened"
This article suggesting that nonprofits not ask for grants when the stock market goes down may simply be a bit of friendly common-sense advice: don’t ask people for money when they’re frightened.  But it reads to the Nonprofiteer like a really offensive demand that operating nonprofits have sympathy for foundations which have many multiples of... Read more »
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Effective Altruism Probably Isn't

Effective Altruism Probably Isn't
Last Sunday’s New York Times included a column by economist Tyler Cowen lauding the currently fashionable notion of “effective altruism.”  The Nonprofiteer responded to Professor Cowen in an e-mail she reproduces here in full: Dear Mr. Cowen, Your August 16 article lauding “effective altruism” failed to note the central weakness of this form of economic... Read more »
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    Nonprofiteer

    The Nonprofiteer is Kelly Kleiman, principal of NFP Consulting, which provides Board development, strategic planning and fund-raising services to charities and philanthropies. Through her consulting practice and in her guise as The Nonprofiteer, Kelly has spent the past 25-plus years helping small and mid-sized nonprofits organize themselves better and raise more money. These days she focuses especially on helping them use high-skill volunteers. Kelly is also a lawyer and freelance journalist whose reportage and essays have appeared in the New York Times, Wall Street Journal, Washington Post, Christian Science Monitor and other dailies; in magazines including In These Times and Chicago Philanthropy; in the alternative press; on websites including the Huffington Post; and on the radio, including the BBC and WBEZ Chicago Public Radio. She and her fellow "Dueling Critic" Jonathan Abarbanel present a weekly podcast of their reviews of Chicago theater at DuelingCritics.net. Earlier in her career she was dean of admissions of IIT Chicago-Kent College of Law and Executive Director of the Chicago Children’s Choir, and practiced real estate and zoning law with the firm of Rudnick & Wolfe. Kelly holds undergraduate and law degrees from the University of Chicago. She was a founding Board member of the Association of Consultants to Nonprofits and also served for 5 years on the Board of the Association for Women Journalists–Chicago. She can be reached ("Dear Nonprofiteer . . .") at KellyNFP@yahoo.com.

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