scholarly journals Preference for Prestige: Commentary on the Behaviour of Universities and their Benefactors

2017 ◽  
Vol 29 (3) ◽  
pp. 145-173
Author(s):  
Charlotte S. Caton
Keyword(s):  
Nonprofit Organizations ◽  
Quality Data ◽  
Arts Organizations ◽  
Non Profit ◽  
For Profit ◽  
Not For Profit ◽  
Major Donors

This paper examines institutional behaviour, as perceived and described by individuals who have donated large gifts to private non- profit (not-for-profit) corporations especially universities. The study improves the understanding readers may have of the means used by Canadian institutions to initiate relationships with individuals capable of making large gifts, of how these relationships are nurtured, of who in the organization influences decisions about the purposes served by gifts from these donors and of how institutional and/or personal prestige are factors in donor-recipient relationships. More significantly, the study explores the degree to which institutions involve major donors as partners in enhancing an institution's reputation for quality. Data reported here were gathered from interviews with donors to universities, hospitals and arts organizations in Toronto. The responses of donors are reported and some differences identified between donors to universities and donors to either hospitals or arts organizations. With the largest generational transfer of wealth in history starting to occur, the findings may prove useful to universities as they compete for charitable dollars with other nonprofit organizations.

Crowdfunding for Non-Profits

2020 ◽  
pp. 376-390
Author(s):  
Amir Manzoor
Keyword(s):  
Financial Knowledge ◽  
Critical Question ◽  
Non Profit ◽  
For Profit ◽  
Not For Profit ◽  
Equity Investments ◽  
Start Ups

Crowdfunding has been applied to equity investments as well as in a preproduction consumer purchase model. Crowdfunding is projected to become a $US90-96 billion industry by 2025, and is being touted as a valuable tool for fundraising for charitable non-profits. For leading non-profits around the globe a critical question is whether charitable crowdfunding is a threat or an opportunity for them. This chapter demonstrates that charitable crowdfunding represents a powerful new fundraising tool for leading, start-ups and not for profit organisations. This discussion contributes to the financial knowledge, specifically in the online crowdfunding and non-profit organisations and concludes that non-profit organisations through crowdfunding has the potential to expand the donor base.

The Night Ministry: Facing the Loss of a Founder

2017 ◽  
pp. 1-9
Author(s):  
Anne Cohn Donnelly ◽  
Sara Lo
Keyword(s):  
Vice President ◽  
Senior Management ◽  
Phone Call ◽  
The Public ◽  
For Profit ◽  
Succession Plan ◽  
Senior Vice President ◽  
Not For Profit ◽  
Near Term ◽  
Major Donors

Paul Hamann was senior vice president of The Night Ministry, a Chicago-based not-for-profit organization. In October 2003 he received a phone call from the wife of the Reverend Tom Behrens, the founding president and the public face of the organization. She told Hamann that Behrens had suffered a massive stroke and that doctors were unsure of his prognosis. Behrens had been walking the streets of run-down Chicago neighborhoods since 1976, looking for people in despair, listening to their needs, and offering them a helping hand and a consoling presence. In the intervening twenty-seven years, he had built The Night Ministry into a well-known organization that helped thousands of adults and youth every year. No succession plan, if one existed, had ever been conveyed to senior management. Now Hamann was unsure when or even if Behrens would be able to work again. If Behrens returned to work, would he be able to continue to lead the organization? If not, who would lead The Night Ministry going forward, even if it were just for the near term, and who would make that decision? How would the community and major donors react to a new leader?Understand Founder's Syndrome and why it is unique to the nonprofit industry

Cause-Related Marketing: A Coalignment of Marketing Strategy and Corporate Philanthropy

1988 ◽  
Vol 52 (3) ◽  
pp. 58-74 ◽  
Author(s):  
P. Rajan Varadarajan ◽  
Anil Menon
Keyword(s):  
Public Relations ◽  
Nonprofit Organizations ◽  
Corporate Philanthropy ◽  
Fund Raising ◽  
For Profit ◽  
Cause Related Marketing ◽  
Not For Profit ◽  
Marketing Tool ◽  
Corporate Social ◽  
Effective Use

Cause-related marketing represents the confluence of perspectives from several specialized areas of inquiry such as marketing for nonprofit organizations, the promotion mix, corporate philanthropy, corporate social responsibility, fund-raising management, and public relations. The authors outline the concept of cause-related marketing, its characteristics, and how organizations, both for-profit and not-for-profit, can benefit from effective use of this promising marketing tool.

scholarly journals Helping Yourself or Others? Motivation Dynamics for High-Performing Volunteers in GLAM Crowdsourcing

2020 ◽  
Vol 24 ◽  
Author(s):  
Sultana Lubna Alam ◽  
Ruonan Sun ◽  
John Campbell
Keyword(s):  
Financial Incentives ◽  
Incentive Structure ◽  
Open Communication ◽  
Non Profit ◽  
High Performing ◽  
For Profit ◽  
Not For Profit ◽  
Over Time

While most crowdsourcing (CS) cases in the literature focus on commercial organisations, little is known about volunteers’ motivation of initial and continued participation in not-for-profit CS projects and importantly, about how the motivations may change over time. It is vital to understand motivation and motivational dynamics in a not-for-profit context because a fundamental challenge for not-for-profit CS initiations is to recruit and keep volunteers motivated without any formal contract or financial incentives. To tackle this challenge, we explore high performing volunteers’ initial motivation for joining and sustaining with a GLAM (galleries, libraries, archives and museums) CS project. We situated our interpretive exploration in a case study of the Australian Newspapers CS project initiated by the National Library of Australia. Based on the case study, we found that high-performing volunteers were motivated by a combination of personal, collective, and external factors classified into intrinsic, extrinsic, and internalised extrinsic motivations. Further, we found that these motivations changed over time. Specifically, many volunteers presented substantial personal (i.e., personal interest and fun) and community-centric motivations (i.e. altruism and non-profit cause) when they initially joined the project, whereas external motivations (i.e., recognition and rewards) had a greater impact on long-term participation. Our findings offer implications for CS system design (e.g., user profiles, tagging and commenting), incentive structure (e.g., reputation-based ranking, leader boards), and relational mechanisms (e.g., open communication channels) to stimulate sustainable contributions for not-for-profit CS initiatives.

scholarly journals Corporate governance applicability and theories within not-for-profit sport management

2012 ◽  
Vol 9 (2) ◽  
pp. 335-342 ◽  
Author(s):  
Ian O’Boyle
Keyword(s):  
Corporate Governance ◽  
Best Practice ◽  
Sport Management ◽  
Business Environment ◽  
Non Profit ◽  
For Profit ◽  
Not For Profit ◽  
Practice Approach ◽  
Sport Organisation

This paper examines the role of corporate governance in non-profit sport organisations. Governance within the traditional business environment is a crucial issue for the ultimate success or failures of an entity. This study analyses if the structures and systems of governance within traditional business can be transferred to a sport organisation. The various governance theories are examined to assess their applicability within a sport organisation and the role of the board is also analyzed within the study. Finally, this paper examines areas of conflict which may arise relating to governance and concludes by offering a best practice approach to this integral issue within any modern sport organisation.

scholarly journals Effective Internal Controls for Not-For Profit Entities

2020 ◽  
pp. 47-58
Author(s):  
Achraf Seyam, CPA ◽  
Barry Copper, CPA
Keyword(s):  
Financial Reporting ◽  
Internal Control ◽  
Continuous Monitoring ◽  
Internal Controls ◽  
Professional Services ◽  
Non Profit ◽  
The Public ◽  
For Profit ◽  
Not For Profit ◽  
Non Profit Organizations

The importance of internal control is clear. Effective internal control makes sure non-profit organizations to carried out their mission and objectives, such as proper use of funds and provide professional services to the public without any risk of fraud and mismanagement or breach of ethics. Through continuous monitoring of non-profit’s performance and activities, internal controls dispose of the behaviors of non-profit organizations with their objectives. Internal controls also engaged in good management and make sure to provide appropriate financial reporting by providing accurate and complete reports to the management in a timely manner and make sure the sources are correctly allocated. Internal control is also the tool to safeguard assets that make sure the organizations physical and intangible assets are protected from fraud, misused, and error. Internal control is not only able to deter and detect fraud and error but also is able to reduce the chance to risks.

scholarly journals Human Resource Development and Executive Leadership Succession Planning in Nonprofits

2019 ◽  
Author(s):  
Robert Yawson
Keyword(s):  
Leadership Development ◽  
Nonprofit Organizations ◽  
Human Resource Development ◽  
Human Resource ◽  
Succession Planning ◽  
Resource Development ◽  
Executive Leadership ◽  
Leadership Succession ◽  
Non Profit ◽  
For Profit

<p>This paper explores the challenges of executive leadership and human resource development in a nonprofit setting. While human capital is a vital asset to any organization, it is particularly vital to nonprofit organizations, which expect their employees to work for less, and often do more, than their counterparts at for-profit companies. Managing these resources presents some challenges. Some of these challenges are similar to the challenges that for-profits face, such as attracting and retaining talent and developing leaders. Some of the challenges are unique, such as managing volunteers and the high-burnout rates of non-profit employees. Executive Leadership Development (ELD) is also a critical challenge faced by nonprofits. However, all Human Resource Development (HRD) issues within a nonprofit setting must be tackled with the organization’s mission in mind. </p>

scholarly journals Developing Bridges Center Grant Proposal: A Budgeting Case for a Nonprofit Organization

2018 ◽  
Vol 7 (1) ◽  
pp. 78-86
Author(s):  
Bonnie R. Albritton ◽  
Florence Hartsfield ◽  
Amy Foshee Holmes ◽  
Charles Kappmeyer
Keyword(s):  
Nonprofit Organizations ◽  
Nonprofit Organization ◽  
Grant Proposal ◽  
Data Availability ◽  
Managerial Accounting ◽  
Problem Solving Skills ◽  
External Resources ◽  
For Profit ◽  
Not For Profit ◽  
Proposal A

ABSTRACT The case study introduces the challenges and unique accounting needs of nonprofit organizations, particularly in budget preparation and the grant proposal process. The case is designed for courses that focus on not-for-profit accounting or managerial accounting. As students are becoming more interested in social responsibility, this case provides an opportunity for students to develop a deeper understanding of budgeting concepts by introducing a nonprofit perspective into the budgeting material traditionally covered in a managerial accounting course. Students learn about differences in budgeting for a nonprofit organization compared to a business that operates for profit including sources of revenue, mission-driven focus, receipt of in-kind donations, unbalanced budgets, the role of the board, and data availability. Students are required to use problem-solving skills and external resources to estimate amounts to create a budget for a nonprofit organization in a scenario where information is incomplete, much like a real-world situation.

scholarly journals Understanding Motivations for Volunteering in Food Insecurity and Food Upcycling Projects

2020 ◽  
Vol 9 (3) ◽  
pp. 27 ◽  
Author(s):  
Sabrina Rondeau ◽  
Sara M. Stricker ◽  
Chantel Kozachenko ◽  
Kate Parizeau
Keyword(s):  
Food Insecurity ◽  
Social Life ◽  
Value Added ◽  
Social Enterprises ◽  
Second Grade ◽  
Non Profit ◽  
For Profit ◽  
Not For Profit ◽  
Life Improvement ◽  
The Many

For non-profit organizations relying on volunteers to operate, investigations into the motivations of volunteerism are critical to attract new volunteers and to support the current ones. This study looked at volunteerism in the not-for-profit project The SEED in Ontario, Canada, which is looking to address food insecurity through a new social enterprise project that will create value-added “upcycled” products from second-grade produce while offering training opportunities for youth facing barriers to employment. The aims of this paper were to explore why volunteers chose to offer their time to this project and to gauge the current volunteers’ interest in volunteering with the organization’s new “Upcycle Kitchen”. Thirty-seven volunteers responded to a self-administered survey. They reported altruism, self-development, and social life improvement as their main motivations for volunteering. The volunteers expressed enthusiasm toward the Upcycle Kitchen initiative, which seems to be attributable to the multidimensional, creative, and educational aspects of the project. Tackling food insecurity and reducing the environmental impact of food waste are values which would most likely influence the respondents’ willingness to volunteer in food upcycling activities. We believe that this study is a good model to learn about the many facets of volunteerism for social enterprises developing upcycling-based food projects.

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