Rick Cohen | December 14 2012
From 10,000 feet above, the nonprofit sector has largely come together with a unified message on the charitable deduction, but up close, one finds other—perhaps deeper—concerns at play.
Rick Cohen | March 7 2013
The nonprofit sector reacted with parochial panic about proposed changes to the charitable deduction, but shouldn’t it have paid more mind to the devastating blow dealt by sequestration budget cuts? Were we tricked?
LATEST HEADLINES: THE COHEN REPORT
The Urban Institute and the National Council of Nonprofits have documented the continuing grant and contract problems faced by nonprofits in dealing with local, state, and federal governments. Problems of late payments, inadequate indirect and administrative costs, and less than full compensation for the cost of service delivery still plague nonprofits across the nation, but the Council of Nonprofits has ideas about how to turn the tide and fix this persistent problem.
Due to JPMorgan Chase’s record of intentional sales of “toxic” mortgage-backed securities, the biggest bank in the U.S. (by assets) got hit with the largest single-corporation fine in history. Want to know what’s in the $13 billion settlement deal for nonprofits? Get the do’s and don’ts here.
What’s in the “secret sauce” of the Ohio-based Fund for Our Economic Future that makes it a functional foundation collaborative?
The Washington Post’s “Asset Diversions” database needs to be understood for what it is, a grouping of problems that resulted in loss. The causes of those problems are varied, and the responses should be as well. In this last installment in his series, Rick Cohen sorts the problems and potential responses into six areas.
The Washington Post’s investigative report on nonprofits citing diversions of assets has deservedly received much attention. The challenge is to understand what the Post’s database on nonprofit diversions actually reveals. We think there’s a scandal lurking here—about the regulation, oversight, and control of investment banks and advisors.
Sometimes organizations perpetrate fraud, sometimes they are victims. In the Washington Post’s investigative report on “diversions” of nonprofit assets, the nonprofits involve look more like victims of criminals than criminal victimizers.
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