Why Businesses Should Give Cash, Not Products, to Aid Haiti; Plus More: Friday’s Roundup
January 15, 2010, 11:30 am
By Maria Di Mento
- With large companies giving more than $30-million to Haiti, Timothy Ogden, editor-in-chief of Philanthropy Action, a journal for wealthy donors, is urging business leaders to not give products, but provide cash to support experienced charities, and to think about assisting with the long-term recovery process, not just with immediate needs. His views appear on a Harvard Business Review blog.
- As Americans continue to show their interest in forming new charitable ventures, the nonprofit world needs to do a better job of educating them about the alternatives to starting a new nonprofit organization, writes Ellen Friedman, executive vice president of Tides, a nonprofit group based in San Francisco. Her views appear on the Huffington Post.
- In an effort to be public about its finances, MinnPost, a nonprofit newspaper in Minneapolis, has posted its 2008 informational tax return online with notes explaining why it ran a deficit, reported a loss in advertising sales, and that it received a filing extension from the Internal Revenue Service because the online publication was waiting for its first audit.
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