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Overhead, of course, is shorthand for what nonprofits spend on general management and oversight, fundraising, and membership development. Last Friday, I attended Stronger Together , a conference produced in collaboration by CalNonprofits, CompassPoint Nonprofit Services, and Nonprofits'' Insurance Alliance of California (NIAC).
For many of us, it’s finances that keep us from making a career change. Or Brandon, a rising star at a large, well-known nonprofit organization. Brandon took the leap and left his stable nonprofit job to seek a better work-life balance. anniepaddington/Getty Images. Dependable. How do you feel about risk? Take Brandon.
In both cases, a large number of shares (and in the case of Compartamos, the majority of shares ) were owned by nonprofit institutions, which presumably plowed this profit back into more development work. First and foremost, we need mechanisms to insure we scale impact alongside financial return.
Meanwhile, the alternative — housing subsidies, unemployment insurance, health care subsidies, even incarceration costs — generate huge social costs. Tapping into this talent has implications for HR management, calling for new approaches to screening talent, including sourcing, selection, and role definition.
Marsh and McLennan is a large, publicly-traded professional services and insurance brokerage firm with over 50,000 global employees and $10 Billion in revenue. Consultants here tend to serve insurance, investment banking, retail banking, government agencies, payment processors, and private equity fund clients. Public policy.
If the Affordable Care Act unravels in the near term, the number of insured could creep back up to 50 million, the level in 2009. These numbers exclude the millions more who are under insured — people with high deductibles, high copays, and benefit caps that leave them very exposed if they fall seriously ill and are hospitalized.
Get Involved The State of the Unions Finances: A Citizens Guide. A new nonprofit group, Enroll America, just launched a campaign, "Get Covered America," to help the uninsured in particular learn about the new law and how to sign up for health coverage, which everyone is required to carry starting in 2014.
The consensus is the challenges facing them will be daunting and organizations will be strained to finance and manage it. The transformation will necessitate substantial investments in finance, technology, human capital, operations, and infrastructure, and a substantial disinvestment of legacy resources in these areas.
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