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Wednesday, March 07, 2007

Wednesday Wrap-Up

Still in mild depression that I didn't win last night's Mega Millions jackpot, let's hop around the non-profit sector, quick hits-style:

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4 Comments:

Blogger The Worsted Witch said...

Hi Trent, I'd really be interested to know what you think about this debate going down here:

http://www.terrapass.com/terrablog/posts/2007/03/what-is-a-missiondriven-business.html

Thanks!

1:02 PM  
Blogger Trent said...

Reads to me like they tried to change the subject. Obviously someone wanted to know why they weren't a non-profit, or at least a little more transparent, and they decided it would be easier to attack the use of data to measure non-profit efficiencies.

Seems kind of silly.

Seems sillier that they keep citing Guidestar as their source for why non-profit ratios are misleading. Guidestar rose to prominence by allowing people access to these evil ratios and then, once they got $10 million in foundation money for their efforts, disowned the whole concept.

I wish TerraPass and mission-driven businesses well. We need creative solutions to the problems that plague this country. I hope they're one of them, and if they are, they're right that it won't matter one bit what their tax designation is.

1:16 PM  
Blogger The Worsted Witch said...

Thanks so much, Trent! It's gotten a bit heated-up over there :)

12:24 PM  
Anonymous Phil said...

Would like to hear your thoughts on the recent OPM decision to simply Remove any requirement regarding admin percentages for non-profits to participate in the CFC campaign. Here's my email to the reporter:

I read with some astonishment that OPM is reversing direction on administrative overhead percentages and doing away with the 'no more than 25%' current requirement despite the strong public comments favoring current requirement and the IRS's recent move towards greater accountability. Are you kidding me? At a time when transparency and accountability are hot topics, they are going to basically allow any level of overhead? Fortunately, there are reputable online sites such as Charity Navigator and Guidestar that are far more user friendly than any site I've seen. Might be worth it to do an article to help fed employees as OPM is doing us no favors with this 'earmark'.

http://www.washingtonpost.com/wp-dyn/content/article/2007/03/11/AR2007031101123.html?referrer=email&referrer=email&referrer=email&referrer=email&referrer=email

11:58 AM  

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