I have had the opportunity to work with various charitable agencies and served on a variety of non-profit boards. So, I know how hard it is to get funds donated to achieve the goals that generally are critical for various sectors of our society. (My hat goes off to my daughter who does this so well each and every day.)
Continue reading Stand up and be counted. Even anonymously.
As a financial and management consultant, I’ve been confronted with situations that would turn your stomach. (Well, I guarantee you they certainly turned mine!)
Continue reading Diversions. (This is not about my favorite card store!)
So, it turns out that at least some of us are turned out to help others. fMRI (functional magnetic resonance imaging) is being used to prove that fact. But, the goal of most of the studies has not been to see if we are generous to a fault, but to determine how (if?) we can help folks who lack empathy or want to improve on their generosity.
We all want to help. But, most of us have limited funds. Even as an advisor/director of trusts, there never are unlimited funds to help every charity that deserves it. (Professional advisors- who we do not employ- never answer that question directly, either. Instead, they offer you categories of charities that meet their specifications. You still have to choose!) How do you decide? Continue reading Tzedaka
I am always amazed (annoyed?) at the innumeracy of the American (ok, the world’s) populace. It’s one of the ways polemicists can convince folks of certain “facts”– even when there is no logic behind their words.
Continue reading Average<>Median
With the fiscal (cliff, bump, curve, impediment) approaching, everyone is writing about how this will affect (investing, jobs, taxes, mortgages, home building, charity). I figured that gave me the right to write (had to use that one) about their crazy thoughts. The chart that is seen right below is the one that forced me to respond.
Continue reading Charitable Giving…
Up April 2010, the choice when incorporating a not-for-profit entity was a C (sometimes termed a “regular”) corporation. Now, there’s a new choice- the B corporation, a benefit corporation. This new corporate entity exists “for profit”- but is, theoretically, charged to benefit stakeholders OTHER than shareholders. At least, if you plan to incorporate in the following states- New York, New Jersey, California, Virginia, Hawaii, Vermont, Colorado, North Carolina, Pennsylvania, Michigan, Washington, and the first state to do so- Maryland, you can form a B corporation.
Continue reading LLC, S, C, and now B?