March 2015

Half of Nonprofits Plan to Add Jobs This Year, Study Finds

According to a survey released earlier this month, employment growth is expected to remain strong at nonprofits, with 50 percent planning to add jobs this year. That figure tops recent estimates for job growth in the business world.  About 36 percent of companies plan to create new positions this year, according to a forecast by CareerBuilder, an online recruting service. 

Top Trends in Philanthropy for 2015

Forbes Magazine recently reported on the top five most promising trends in philanthropy.  At the top is the growth of impact investing.  While not philanthropy in the traditional sense, impact investing seeks to prioritize social and environmental returns over financial gain. Collaboration attempts to solve the issue of fragmented service delivery and funding gaps, while understanding the root causes of social problems is seen as the way to better address society’s ills rather than just symptom alleviation.  Isn’t it better to prevent an individual or family from becoming homeless by better understanding the systemic causes of homelessness rather than trying to mobilize limited resources to find suitable housing?

Is There Really a Difference Between Nonprofits and For Profits?

As the individual behind the ONE campaign and former executive director of the International Network at United Way Worldwide, Atul Tando was named by the Association of Fundraising Professionals as one of the best fundraisers in the country.  Mr. Tando believes that the difference between nonprofits and for profits is really a tax label.   He also believes that when nonprofits start to think of themselves as a connector between the donor on one side and the beneficiary and the cause on the other, they will find themselves in the role of a bridge-builder.
© 2015 Edelstein & Company LLP. All Rights Reserved.
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