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From the President's OfficeDear Friend: Compensation is one of the hottest issues in the nonprofit sector. Donors rightly want to know how their hard-earned dollars are being managed. Nonprofit leaders are concerned about attracting and retaining skilled people necessary to meet their mission goals. And every so often we learn of an abuse or excess that attracts breathless media attention and political scrutiny, casting a shadow on all of us working in the sector. A newly released report from the IRS’s Exempt Organizations Executive Compensation Compliance Project represents an important step toward helping nonprofits report compensation accurately. The IRS launched this initiative in 2004. Part I of the project involved sending compliance check letters to 1,223 organizations. These letters were sent to a sample of nonprofits whose Forms 990 and 990-PF were missing information in certain categories, indicating that they warranted a follow-up. Part II consisted of 782 examinations, 179 of which resulted from responses to the compliance checks. The initiative looked not only at salaries and benefits but also at charities’ reporting of excess benefit transactions (intermediate sanctions) and self-dealing by private foundations. Why are these efforts so important? ... Read more A Year in the Life of a Fundraiser:
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In This Issue A Year in the Life of a Fundraiser: Year-round Fundraising for Everybody Volunteers, Part I: What Makes Them Stay? On the Delicate Subject of Writing Fundraising Materials by Committee Ensuring New Employees' Success: Best Practices for Employee Onboarding International Giving by Public Charities Paper-Thin Transparency: March Question of the Month Results
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Volume 7, Issue 4, April 2007
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