Several months ago my middle school daughter and I traveled out of town to enjoy a different environment. From a home in Seattle, I worked virtually and she attended remote school. On the first day, we found the Wi-Fi connection strength very poor and panicked as my daughter struggled to dial into her first class. When she did get in, the connection lagged or online tools didn’t work or she was kicked out of Read More
Help a Nonprofit Hit a Homerun: The Case for Unrestricted Donations
Heather used to display a baseball bat proudly in her office cubicle. She was hardly the sporting type, so I finally asked her about it. She explained she’d been awarded the bat, along with a monetary bonus, by participating in a company program called “Homerun” that challenged back-office staff to demonstrate how a weakness in their department could lead to poor client service. Those who effectively proved the case Read More
Savings, Investing & Nonprofit 403b Retirment Advice Rarely Changes – So Why Do We Forget it?
Advice my dad gave about 403 B & 401 K savings still holds up today I would regale my friends in college by reading my father’s letters out loud to them as we were getting ready to go out for the night or were procrastinating study time. Sometimes they were three pages typed—harsh words on how I better “shape up or ship out”. After college and early in my career, friends would come to dinner or hear me recount Read More
Nonprofit 403b Retirement Plan Fees Explained
Are there hidden fees lurking inside your nonprofit 403b retirement plan? I recently looked at my husband's retirement plan statement. He is a teacher. I wondered if many teachers are fully aware of the possible fees that may be lurking inside their retirement plans. And then I found fees, not less than 1.5% all the way up to 2% for the cost of the inside his plan. Fund Fees can eat into the overall return that you Read More
Sustainable Food for People, Planet, and Profits
How Innovation is Making the Food Business More Environmentally Friendly Guest Blog by Doug Silverstein, Thrive Alliance What a brilliant display of food innovation at the September 24, 2020 Thrive Environment & Sustainability (E&S) Community and Social Impact Advisory Group (SIAG) co-sponsored panel – Sustainable Food for People, Planet, and Profits: How Innovation is Making the Food Business Read More
How to Choose Your Nonprofit’s 403b Retirement Plan Advisor
How do you Choose an Advisor for a Nonprofit 403 B Plan (or a 401 K Plan)? So why establish a Retirement Plan in the first place? 54% of California private sector employees do not currently own a retirement savings account or participate in a pension. We have a looming crisis. In 2016, California passed legislation requiring employers with more than 5 employees to participate in CalSavers by June 2022. Therefore, Read More
What the World’s Richest Woman Can Teach Us About Charitable Giving
As published by NextAdvisorBY Ryan Haar, Staff WriterSeptember 23, 2020Whether you have $25 million or $25 to spare, there’s a lot to learn from how the world’s richest woman, MacKenzie Scott, is donating her fortune. Scott, who was named Tuesday to TIME’s list of the 100 most influential people of 2020, outlined how she divvied up $1.7 billion to different charitable organizations in Read More
The Business of Affordable Housing: Successful Nonprofit & Business Innovation and Collaboration to Address a Bay Area Crisis
The need for affordable housing in the Bay Area was a crisis before the onslaught of the COVID pandemic and the resulting economic recession. The situation become more dire as time goes on, particularly since talks in Congress still are stalled on a new economic relief package. The Social Impact Advisory Group asked experts in the area of housing—nonprofit leaders, real estate developers and investors—about the Read More
The Global Market Portfolio: A Super-Efficient Portfolio as a Foundation for the Disciplined, Purpose-Focused Investor
A once-in-a-lifetime pandemic has unleashed economic chaos about the globe. Economic success in one country seems to elude another. Weak economic indicators don’t seem to affect stock markets meaningfully one day until they do the next. As a result, financial professionals, economists, and investment experts, who have never seen anything like it, are grasping at straws to predict what comes next. Tactical moves to Read More
Thoughts on the Need for a Nonprofit Reserve and Risk Management
Mary Hiland of Inspired Nonprofit Leadership interviews Maya Tussing to discuss nonprofit risk management, why nonprofits need a reserve, how much is required and other insights. INTRODUCTION Welcome to Inspire Nonprofit Leadership, where you'll hear insights and useful strategies as well as lessons learned from other nonprofit leaders and valuable tips from a variety of experts. Here to help you Read More
