New 21 Percent Excise Tax on Nonprofit Executives: Does It Impact My Corporate Foundation?
May 15 | Lindsay Mason, Corporate Philanthropy Director, Council on Foundations | Comments (0)
As companies file their 2018 taxes, several corporate philanthropic leaders have contacted the Council on Foundations with concerns surrounding the new excise tax. As part of the Tax Cuts and Jobs Act of 2017, Section 4960 of the bill imposes a 21 percent excise tax on highly-paid executives of nonprofit organizations.
Georgia Power Partnership with Purposity Lets Employees Meet Local Needs
May 14 | Alexander Parkinson, Senior Researcher, The Conference Board | Comments (0)
Are you using technology effectively to engage employees in community programs? A partnership between Georgia Power and Purposity is showing how disruptive technology can be used to boost the long-held practice of community engagement.
Driving Continuous Improvement for The Allstate Foundation
May 07 | Alexander Parkinson, Senior Researcher, The Conference Board | Comments (0)
Is a lack of benchmarking capabilities hampering you from pursuing continuous improvement and innovation in your social impact measurement? With a corporate culture that values data and benchmarking, The Allstate Foundation was lacking a data-driven social impact measurement framework that aggregated metrics across its entire portfolio. The Impact Genome Project helped the organization update its metrics and devise an outcomes-based social impact measurement and reporting strategy.
Moody's Injects Data-Driven Focus to Nonprofit Evaluation and Reporting
April 23 | Alexander Parkinson, Senior Researcher, The Conference Board | Comments (0)
Are your social impact measurement efforts providing useful results? If not, it might be time to up your game. Moody's reinvented its CSR approach to mirror the company’s global footprint, be authentic to its culture, and align with its businesses. In doing so, the company engaged the Impact Genome Project to assess the Moody’s Foundation’s grant portfolio for alignment with its focus areas.
The Nonprofit 10 Percent
April 17 | Timothy J. McClimon, President, American Express Foundation | Comments (0)
Are nonprofits—a crucial economic sector—getting the support they need to flourish? According to Independent Sector, there are over 1.6 million tax exempt nonprofit organizations in the United States—the third largest workforce in the country behind retail and manufacturing. Yet, the nonprofit sector is critically understaffed, under-capitalized, and overwhelmed. It needs support to fulfill its vital mission.
New Research Analyzes Standardized Social Outcomes
April 04 | Alexander Parkinson, Senior Researcher, The Conference Board | Comments (0)
Do you have a firm grasp of the outcomes your societal investments are achieving, or are you still counting inputs and outputs? New research from The Conference Board, in collaboration with the Impact Genome Project and supported by Moody's, uses standardized metrics to measure social outcomes, enabling companies to more effectively report and benchmark the performance of their societal investments. Being able to compare social outcomes helps companies make smarter societal investments.
A Company’s Work to Transform Villages Across India
April 02 | Jeff Hoffman, Program Director, Global CSR & Philanthropy Council and Corporate Social Responsibility Council, The Conference Board | Comments (0)
How does one of India's largest conglomerates, operating around the world, take care of citizens in its immediate community? The Aditya Birla Group has developed a model village in the neighborhood surrounding its Ultra Tech Cement Works Plant in Kotputli, providing vital facilities and infrastructure to residents, including education for women and children, a medical clinic, a farming program, and clean, fresh water.
Looking Beyond Leadership: Why Funders Should Support Grantees’ Entire Staff
March 27 | Rusty Stahl, Founder, President, and CEO, Fund the People | Comments (0)
Are you giving your grantees the right attention to help them succeed long term? To advance effective philanthropy, grantmakers must be as concerned with the entire grantee workforce as they are with grantee leadership. That means looking at the nonprofit through a workforce rather than a leadership lens and building relationships across the organization through surveys, site visits, and one-on-one conversations.
New Research from WPI Highlights Race and Gender Variables in Giving
March 20 | Kiersten Marek, Founder, Philanthropy Women | Comments (0)
Is the philanthropy industry on its way to solving its diversity and inclusion problem? New research from the Women's Philanthropy institute identifies ways that donors differ across race and ways they appear to behave in a relatively similar fashion, pointing to the fact that philanthropy is growing more aware of its diversity and funders and nonprofits would do well to find ways to maximize engagement with donors of all backgrounds.
Los Angeles: Tale of Two Cities
March 13 | Jeff Hoffman, Program Director, Global CSR & Philanthropy Council and Corporate Social Responsibility Council, The Conference Board | Comments (0)
What do you think of when you hear "Los Angeles"? For many, it's Hollywood, beaches, and palm trees. But the booming metropolis faces a large homeless population, is on the frontline of the immigration issue, and has a troubled school district and aging infrastructure. Companies can help solve some of these issues by collaborating with the local government and nonprofits delivering innovative solutions.