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Mike Burns's Blog – May 2014 Archive (4)

Nonprofit Governance is Passion

This year is the 150th anniversary of what was once known as the Girls Club of America and is now called Girls Inc. The story of Girls Inc involved seven women, the founding board, who shared a passion and a commitment to get the job done. I pose that this is what governance is all about.

Here's the story from the Christian Science…

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Added by Mike Burns on May 29, 2014 at 3:40pm — No Comments

Nonprofit Board Fails

When the US Justice Department says to your nonprofit board: " the one-man staff of Philadelphia Safety Net, repeatedly gave himself raises without board approval." you know you must be doing something wrong.

But this is indeed what the Justice Department said to the Philadelphia-based Safety Net which was undergoing an audit from having received its funds through its Congressman's earmark. Turns out that the organization, staffed by one individual who was a former staff member to the…

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Added by Mike Burns on May 22, 2014 at 3:46pm — No Comments

Nonprofit Board Lending: Why Counsel Matters

The case of a New York City minister, his wife and the executive director have agreed to pay-back loans with interest and penalties they borrowed from their church and two related nonprofits. I am scratching my head a bit over the "must pay back clause" because the Wall Street Journal doesn't really indicate there was any intention not to pay back their loan (which they used to buy a house and property. Some of the loan was also used to buy a car (yes, a BMW). Alas, additional monies were…

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Added by Mike Burns on May 15, 2014 at 3:33pm — No Comments

Nonprofit Board Composition and Orientation

I recently observed a nonprofit's board members panicking over the organization's total annual deficit of $23,000. Members seriously questioned the exec's abilities.

The organization's annual budget: $8 million. The deficit, less than 1% of the annual budget.

Many of the board members have grown old with their organization with some having been members for 25 years, since the founding of the organization (that's likely not the best scenario). The nonprofit started as most do…

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Added by Mike Burns on May 1, 2014 at 3:34pm — No Comments

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Open Street Project

Local Initiatives Support Corporation

Equity & Economic Inclusion

With the help of community and financial partners such as Kaiser, Comerica Bank, Citibank, James Irvine Foundation, and Wells Fargo, LISC LA has been able to shape impactful programs that forge resilient and inclusive communities of opportunity.

Paving a Path to Stability and Wellbeing in Rural America

A new LISC research paper demonstrates how intensive community development initiatives in two rural regions of California sowed the seeds of stability and revitalization for local people and places. Co-author and LISC senior research associate Patricia Voltolini explains why these findings are so significant, and what they can teach practitioners, policy makers and local leaders about the imperative of investing in collaborative community-serving projects.

U.S. News & LISC: On Bridging the Vaccine Distribution Gap

A group of experts, including Julia Ryan, LISC’s VP for Health Programs, gathered for a webinar hosted by U.S. News & World Report, to offer insight and solutions to tackling disparities in COVID vaccination distribution.

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