By Willie Cheng

ISBN-10: 0470823895

ISBN-13: 9780470823897

ISBN-10: 1119199735

ISBN-13: 9781119199731

ISBN-10: 1299714978

ISBN-13: 9781299714977

Why does a meriting charity fight to make ends meet whereas one other which squanders cash, thrive? Because there's a structural disconnect among profit and costs within the nonprofit world.

Is non-stop progress the hallmark of a winning charity? No, it’s simply the other – the last word goal of a charity is to be extinct.

Would you employ volunteers if it truly expense greater than hiring paid expert employees? Yes, if engagement with the neighborhood is crucial.

Call those examples, ironies, paradoxes or just insights into why the charity area is what it's. Doing solid Well is a pondering man’s advisor to the nonprofit global. it truly is replete with nonprofit paradigms. It presents a distinct twist to what one may well regard as basic notions corresponding to undertaking, employees repayment, governance and company social accountability. And it surprises and demanding situations whilst it seeks to give an explanation for charity-specific matters akin to charitableness, bridging the rich/poor divide, educated giving and social entrepreneurship.

And as he deconstructs latest paradigms, Willie Cheng creates new ones.

Through a simple writing type, hearty anecdotes and thought-provoking views, Cheng engages the readers with a strategic assessment of not only the established order but additionally the big strength within the nonprofit global. The subject of the booklet is switch. Inasmuch as charities are approximately altering society for the higher, this publication seeks to set the level for fascinating introspection.

Whether you're a volunteer, company government, nonprofit employee, governor or regulator, it’s time to begin asking the questions that will support the charity zone itself switch for the higher. In Cheng’s phrases, charity isn't any longer easily approximately "Just Doing stable" yet "Doing stable Well."

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From a founder’s standpoint, incorporation as a company is easier for control and administration. No elections are needed. Members (essentially shareholders without shares) of the company—which can be as few as two individuals—appoint the board. In fact, the members (the legal owners) and the board are often the same individuals, removing yet another intended level of checks and balances in the organization. In recent years, some charities previously incorporated as societies have reconstituted themselves as companies.

Public benefits refer to the well-being of the charity and does not affect individual donors’ benefits. If donors do not care about the public benefits, it is not likely that they will be informed givers. ” 6 It found that increased regulation and accountability will not necessarily increase donations. Donors are generally satisfied by the act of giving, rather than learning about how the funds are used. ” Donors may be upset if they find out that their money has been misused, but typically they do not want to be part of the policing system.

In addition, the rules and practices are such that there is a high risk of the perpetuation of the same group of people in control of a charity for a long time. Moral Owners We should always be uncomfortable with the corporate governance notion that respecting the interests of the owners is paramount for a charity. This discomfort should hold notwithstanding any safeguards built into an institution’s constitution or its Code of Corporate Governance for renewal of governing board members. The fact is, the legal owners of a charity usually come down to a select few individuals or organizations.

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Doing good well : what does (and does not) make sense in the nonprofit world by Willie Cheng

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