Ripped from the Headlines
What can we learn from some cautionary tales from recent news stories about nonprofits?
Headline 1: “Donors Demand Return of Historic $100 Million University Donation.” (Fortunately, for the university’s sake, “only” $22.9 million has actually been received.) But before you start chuckling about how you are unlikely to ever be so lucky as to receive a $23 million gift, let alone a $100 million gift, stop. The lesson of this headline isn’t in the amount that the donors want back but in the university’s (perceived) failure Read more