background preloader

Business Interests

Facebook Twitter

Here's the schedule very successful people follow every day. Articles: FLPs & FLLCs - McAlister, McAlister, McKinnis&Tuggle, P.C. The Internal Revenue Service has expressed concern in recent years about the growing trend of abuse within the non-profit sector and, in particular, with 501(c)(3) organizations (e.g., public charities and private foundations).

Articles: FLPs & FLLCs - McAlister, McAlister, McKinnis&Tuggle, P.C.

Areas of concern include excessive compensation awarded to executives of these charitable organizations, as well as the use of charities for various means of tax avoidance (e.g., through self-dealing transactions between officers and/or directors and the charity). The privilege bestowed upon 501(c)(3) organizations to avoid paying certain taxes has unfortunately tempted some to use these organizations for their personal and private benefit. An unfortunate, recent example involves one of the more noted tax-exempt organizations, the Smithsonian. This past spring, Lawrence M. Small, former chief executive of the Smithsonian, resigned amidst controversy over revelations as to his housing allowance, office and travel expenditures, and excessive compensation. Matching Gift Recognition Letters - Double the Donation. Strategy: Recognizing your matching gift all-stars is a great way to continue promoting matching gifts, while ensuring your donors will continue filling out their matching gift forms in the coming years.

Matching Gift Recognition Letters - Double the Donation

It's a great opportunity to reconnect with individuals who made donations many months earlier! Private Thank You Letters When you receive a matching gift check from a company, make sure you're thanking the donor who took the time to submit the match request. Employee Matching Gifts - What They Are and How They Work. Has your nonprofit looked at your most recent year’s annual report?

Employee Matching Gifts - What They Are and How They Work

If so, have you investigated where specifically the corporate giving dollars that your organization receives are actually coming from? Each year, corporations donate about $15 billion to nonprofits across the United States, with much of that coming from matching gift programs. It’s a goal for many nonprofits to find ways to better tap into corporate giving dollars. We previously outlined 7 Types of Corporate Giving Programs, but now we’re going to dive deeper into employee matching gift programs, one of the primary forms of corporate giving.

What are Employee Matching Gift Programs?

QuickBooks

15 policies for sound not-for-profit governance. Accountants nodded their heads in sympathy as stories of governance mistakes were told during a session at the American Institute of CPAs Not-for-Profit Industry Conference in Washington on Thursday.

15 policies for sound not-for-profit governance

One organisation accepted a gift of a cattle ranch that had nothing to do with its mission, creating huge administrative headaches. Another organisation did not immediately sell a gift of $500,000 in securities that were donated to finance an endowment. The value of the securities suddenly plummeted, and within two weeks just $250,000 was left for the endowment. Forced Exposure. The owner of Lavabit tells us that he's stopped using email and if we knew what he knew, we'd stop too.

Forced Exposure

There is no way to do Groklaw without email. Therein lies the conundrum. What to do? What to do? I've spent the last couple of weeks trying to figure it out. Years ago, when I was first on my own, I arrived in New York City, and being naive about the ways of evil doers in big cities, I rented a cheap apartment on the top floor of a six-floor walkup, in the back of the building. Top Wedding Guest Complaints. How to thank guests for their support and ensure that you do everything in your power to make sure they have a fabulous time.

Top Wedding Guest Complaints

Your wedding is about you and your fiancé getting married and sharing your love and commitment with those around you. However, I personally feel that my guests' enjoyment is paramount to that experience. That's why it's important to me to thank them for their support and ensure that I do everything in my power to make sure they have a fabulous time. With that in mind, here are the most common gripes I've heard throughout the years (and how to pre-empt them).

Photo Credit: Casey Fatchett Photography. 15 policies for sound not-for-profit governance. Sample Nonprofit Board Policies and Procedures. Over the years we have received countless emails asking for help on creating various policy manuals.

Sample Nonprofit Board Policies and Procedures

Hiring Wisdom: Here’s Why You Should Keep a Decisions Log. Last month, for the fifth year in row, I did a program for Texas A&M University and, as often happens, I think I learned just as much from the attendees as they did from me.

Hiring Wisdom: Here’s Why You Should Keep a Decisions Log

Before that presentation, I had never even heard of Decisions Log, but since then, I’ve started to keep one. Amazing what you can learn when you keep track of each major decision, what caused to you to make the decision, and the reasons you took the resultant actions. Keeping a Personal Record: It Can be a Powerful Workplace Game-Changer. People often ask me if they should keep a work journal of some kind.

Keeping a Personal Record: It Can be a Powerful Workplace Game-Changer

I was encouraged to do this early in my career — I did it for awhile. Was it worthwhile? I wasn’t sure. But then something happened…