Weekly Must-Reads: May 23

A list of great articles from around the web that I posted to Twitter from May 16 – May 22, 2010.  This week’s topics include: Strategy & Governance; US Tax Tidbits; Social Media & Fundraising; Economy & Finance; and Potpourri. Continue reading

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Weekly Must-Reads: February 21

A list of the essential articles I posted to Twitter from February 14 – February 20, 2010.  This week’s topics include: Nonprofit Strategy & Governance; Internet, Social Media & Fundraising; Jewish Nonprofits; Israel Economics; and Potpourri. Continue reading

Israeli Study Finds that Foundations Are not Effective in Checking Nonprofits

An article was recently posted on Midot’s website highlighting a joint study done by Midot and Sheatufim.   The study was presented at a Sheatufim conference on June 23, 2009.  The many findings of the study include:

  • Israeli philanthropic foundations are investing great resources in the grant process and in grant selection before the transferring of funds to nonprofits; however, most foundations lack clear criteria that accompany the process and rely only on the reports from the recipients themselves.
  • Even though the processes of the different foundations are similar, there exists little cooperation between the various foundations.
  • Most foundations do not rely on external professionals to help check the recipients’ usage of the grants.
  • Most foundations do not implement a suitable analysis before the donation is given.
  • Foundations reported a lack of evaluation and measurement tools to check recipient organizations.  Foundations also noted a lack of tools to help analyze the financial statements of the organizations. Continue reading

Guidestar Arrives in Israel (and is looking for volunteers)

The website “Zavit Shalosh” [The Third Perspective] posted on their site yesterday (in Hebrew) that Guidestar has officially come to Israel.  Currently, the Guidestar site is in its pilot stage and is inviting Israeli amutot [nonprofits] to participate.

guidestar_logo

For those that are unfamiliar, Guidestar markets itself as providing “trusted nonprofit information” so interested parties can make “informed decisions” (quotes from the Guidestar site).  The Guidestar website does this by posting organizations’ financial documents.  For United States charities this means that the site posts the IRS’s 990 form — going back to about 2005 for some organizations.  (To date, Guidestar has had the financials for every organization that I have searched for.)   Started in the United States, Guidestar has been slowly entering additional international nonprofit markets. Continue reading