...least 9.2 billion by the year 2050” (Leisinger, 2007). Giving to non-profit organizations not only helps United States citizens, but people all over the world. Without individuals, large corporations, and small businesses donating to nonprofit organizations the poverty population will only increase. What is a Small Business? “To be considered a small business on average the company has to have no more than 500 employees, and the most any small business can have is 1,500 employees (U. S. Small Business Administration, 2014).” When people think about small businesses, they think of the mom and pop stores within their community. However, small businesses are the majority of whom customers give their business. “According to the United States Small Business Administration’s (SBA) Office of Advocacy, 99.7 percent of all U.S. firms are small businesses (Cooper, 2012).” What is a Nonprofit Organization? A non-profit organization is an organization whose efforts are driven to generate a profit for a chosen cause. Non-profit organizations can be classified into five central categories: trade associations, charitable organizations, social clubs, government groups, and political groups” (Starting a Non-Profit Organization). How much is Donated to Nonprofit Organizations Annually? A study done in the year 2013 reveals that approximately 316.23 billion dollars were donated to nonprofit organizations. Corporations were only six percent of that 316.23 billion dollars. FIGURE 1...
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...Executive Summary Nonprofit organizations (NPOs) play a major positive role in all economies and societies that they service. These organizations have helped millions of people around the world by providing a great deal of valuable assistance and support via educational, scientific, charitable, legal, and many other means. An NPO is “a group organized for purposes other than generating profit and in which no part of the organization's income is distributed to its members, directors, or officers” (law.cornell.edu). Types of NPOs include volunteer service organizations, public charities and schools, public clinics and hospitals, political organizations, legal aid societies, labor unions, churches, research institutes, professional and environmental associations, museums, and some government agencies (law.cornell.edu). Some of the purposes service for these organizations include working for social change, to help people help themselves, and to fight for the civil rights of others. NPOs are a vital part of our nation’s economy, as they not only provide much needed public services to all concerned citizens and inhabitants of the U.S., they also provide millions of jobs for nation’s workforce. This essay will discuss the application of financial management techniques in NPOs. A comparison and contrast of nonprofit and for profit organizations (FPOs) will be examined while focusing on the fundamental differences between the two. How NPOs and FPOs are affected by different laws that...
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...Governance in Non-Profit Healthcare MGMT 640 Executive Summary Good leadership, financial management, and governance are the essentials for success in any organisation, whether the organisation is a non-profit organisation or a for-profit organisation. In non-profit healthcare the seamless interaction of all the parts makes the organisation successful as a whole. Service provided must be consistent with the goals of the organisation. Agencies and watchdogs have become even more visible seeking accountability and transparency. But how do leaders within the organisation work together to make it a success, how are they governed to achieve the goals of the organisation? In for-profit effective governance is easily recognisable, and achieved. The most important element in an organisation that operates for profit is its balance sheet, great sales and rising stock prices, profits being paid out as dividends, no mention of fraud in the company accounting, these are all excellent indicators of effective governance. In non-profits more so in healthcare, it is terribly difficult to measure or see effective governance. Also, the idea of optimum efficiency may have differing connotations for each stakeholder. Non-profits benefit from the luxury of not having to suffer agency conflicts; nevertheless they must ensure that there are measures in place that ensures transparency. Based on the five (5) overarching strategies suggested...
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...Organization of a book fair I have chosen to do my research paper on the organization of the book fair for a non-profit company in a major United States city. This book fair will take place in San Francisco, California. There are many non-profit organizations here in San Francisco that could use the help of a fundraiser. There are schools, health organizations, medical clinics, homeless shelters, and food banks to name a few. Successful planning and organizing a fundraiser will make this project successful. To begin the planning stage of this fundraiser, I will need to do much research. This is going to be a book fundraiser. Looking at cost effective ways to hold this fundraiser is crucial since the outcome is to raise money for a particular organization. I will first look at a venue. Is it less expensive to hold a fundraiser on the Internet or is it more cost efficient to hold it a location. Having a fundraiser on the Internet does not seem a personable to me. However, it might be more cost efficient. Holding a fundraiser at a physical location seems that it would be more successful. The advertising and promotion of a fundraiser are just as important. Getting the most exposure to the public will help with the success of my fundraiser. I will need to research to find out if advertising and promoting this book fundraiser is more or less expensive than with actual physical advertising. I am leaning more to the physical...
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...Eaton Pharmaceutical CONTENTS FIGURES iii EXECUTIVE SUMMARY iv Introduction 2 Goal of the Study 2 Methods and Procedures Used 2 Why Should the company go green List of green vehicles Reasons for going green Employee Reaction to Going Green Benefits to Going Green 2 Benefits to the business 3 Benefits to the Community 3 Benefits to the Employees 3 Summary, Conclusions, and Recommendations 7 REFERENCES 9 FIGURES 1 Fuel economy of the different vehicles……………………………………….6 2 Cost you save having a green vehicle ………………………………………...7 3 Miles per gallon ………………………………………………………………………? EXECUTIVE SUMMARY Eaton Pharmaceutical has decided to buy new vehicles for their sales teams. The company feels by going green in the near future will save them money in the long run. This can help lower the emission of CO2 by going green. Research was conducted in two ways: (1) A survey was conducted to the company’s four hundred employees, and (2) information about implementing a volunteer program was obtained from reputable websites. The report addressed the following questions: (1) what is the best vehicle for going green? (2) How does going green benefit the company? (3) Is it really worth going green? (4) How would employees react to going green? The research conducted that all parties involved in the volunteer program will benefit from it. Volunteer programs are a great way to increase a company’s public image while satisfying the...
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...POLS 567, Week 1, Spring ‘14 = OVERVIEW OF COURSE syllabus - in sum, course contents: learning objectives have an educational and training component 1. educational component: getting an understanding of the nonprofit sector, its history and present status in the economy, society, and politics 2. training component: involves management issues how to create a well managed npo = WHY DO WE HAVE A THIRD SECTOR? SECTOR ANALYSIS Providers A B C D Types of Goods or Public Sector For-profit Household/ Nonprofit Services Provided Sector Family Sector 1. national defense 2. food 3. housing 4. national parks 5. state parks 6. health care = WHY DO WE HAVE NONPROFITS? - economic explanations/sector analysis o each of the four sectors has certain strengths and constraints in delivering goods and services 1. public sector strengths: * power of taxation, i.e. can compel us to pay in the form of taxes, * provider of public, common, or collective goods * public goods are services from which nobody can be excluded, e.g. national defense * no free-rider problem by coercing payment through taxes * provider of individual, but necessary services for which recipients cannot pay, e.g. K-12 education, some housing, food, medical care * service ethic, promotion of public interest, preservation of human dignity * lack of profit motive ...
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...The importance of culture to the success of non-profit organizations There are three different sectors of industry: private, public (government) and non-profit. The non-profit sector’s purpose is simple, no matter what type of business it is they serve to meet the needs the private and public sectors lack thereof (McDonald). Most non-profit organizations (NPO) are programs that cater to the community or serve people in order to improve the quality of life or are seeking social change. By being socially responsible of others nonprofits are breaking down barriers to build a better global community. Non-profits exist in almost every industry or line of work. Some popular ones are women’s rights, animal rights, environment awareness, health, and community development. When there is a cause and a group of people willing to work for it, a non-profit organization can be formed. They range in size, from a small local organization of just a few members, to nationally recognized organizations with several locations domestic and international. Non-profits are known for having unique cultures compared to for-profit and government organizations because there is some form of moral compass driving the purpose of the NPO versus the sole purpose to make money. Culture in the workplace is essential to the success of nonprofits because it lays the foundation for the direction of the organization based on similar beliefs and values and it is the determinant of the behavior or actions of...
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...Executive Summary Sheri Kendrick, founder of local nonprofit Little Light of Mine (LLOM), has been a client of the agency, Lotus Public Relations. Included in this report will be a wealth of information from both primary and secondary sources that can be used to further the PR campaign. First off, the Research Report will display results from both a focus group and survey.Then, the target publics will be identified whom will be addressed in this campaign. After that, the goals and objectives will be highlighted that should be achieved throughout the campaign with the allocated budget. With the goals, objectives and budget in mind, the strategies and tactics will be explained as part of a campaign plan. Then evaluation criteria of our campaign will be organized to assure that the plan is effective, in conjunction with our goals, objectives, strategies and tactics. Included in this report will also be a year-long timeline of implementation for the next annual Gala. A Press Kit will also be provided.Then, as communication scholars, communication tools will be provide that Little Light of Mine should consider implementing within the organization. Finally, future directions will be provided for after this campaign has been completed and more donations have been received. Publics In the textbook Public Relations by Averill Gordon publics are defined as, “people as a whole, the community, or the nation and it can also mean people in general” (133). LLOM has...
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...Management of For-Profit and Nonprofit Organizations by Kamilah A’Vant Submitted to MGMT 640 9040 November 13, 2011 EXECUTIVE SUMMARY This paper will outline the similarities and differences between for-profit organizations and nonprofit and organizations. Many view for-profit and nonprofit companies as very different business organizations; however they have many commonalities. Both for-profit and nonprofit organizations are corporations. As a corporation, both are legal enterprises created to operate and transact business. Corporations hire employees to manage day-to-day activities and act in its best interests. For-profit and nonprofit companies work to control spending, find ways to bring in revenue, operate under organizational structures and utilize accounting practices to track and report how efficiently assets are used. Nonprofit organizations fall under a large umbrella in respect to size and mission. The environment under which they do business helps set them apart from for-profit companies. Nonprofit companies have a great need for their services, face cuts in funding and capital limitations. In this paper I will focus on the financial management techniques used by for-profit and nonprofit companies. I will address the following questions: • What are the sources of funds available to for-profit and nonprofit companies? • Is there a conflict between the mission and bottom line of nonprofit companies? • What types of...
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...Worldly Scholars Marketing Plan Shelley Barnett DeVry University Marketing Management MKTG-522-62102 Dr. Scott Eckert March 17, 2013 Worldly Scholars Marketing Plan Marketing Plan Outline 1.0 Executive Summary 2.0 Situation Analysis 2.1 Market Summary 2.2 SWOT Analysis 2.3 Competition 2.4 Product (Service) Offering 2.5 Keys to Success 2.6 Critical Issues 3.0 Marketing Strategy 3.1 Mission 3.2 Marketing Objectives 3.3 Financial Objectives 3.4 Target Markets 3.5 Positioning 3.6 Strategies 3.7 Marketing Mix 3.8 Marketing Research 4.0 Controls 4.1 Implementation 4.2 Marketing Organization 4.3 Contingency Planning 5.0 Conclusion Executive Summary Worldly Scholars to span across the U.S.; inspiring girls, boys, women, and men to find their passion, create a goal; use their motivation and drive to conquer their dreams and obtain their desires; to assist and touch the lives of others. Worldly Scholars is geared towards assisting students including; 8th graders with preparation for high school, high school students prepare for college, and college students prepare for the corporate world. We offer various services from mentoring programs tailored for each student which includes; searching for scholarships that match up with their background, searching for the right schools for their field of interest, researching and networking to seek the job/career and title of interest in their field related to their major...
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...Nakita Davis Walden University Final Project: Ethics and Social Justice Non-Profit organization A non-profit organization is an organization that generally has the aim of serving the interests of the public. A nonprofit organization is a charitable organization that legally does not declare its profit but rather, it goes ahead and utilizes the revenue they have accumulated after their normal operating expenses in their services to the public interest. Therefore, the organization uses the surplus revenues to achieve their mission and purpose rather than dividing the income among the directors as dividends or profits. Recently, in many countries all over the world, many nonprofit organizations have been exempted from income tax, as well as other taxes because they apply for tax-exempt status. Hence, this adds an advantage to them because many of these nonprofit organizations can have more revenues because of the fewer deductions that they have. Despite all these, the many nonprofit organizations do face many challenges for a number of reasons. Therefore, their management is always in touch so as to keep these organizations moving towards their targets for the common benefit of its beneficiaries across the globe. Also, nonprofit organizations comprise of both paid and volunteer staff. A nonprofit organization can have clients, it can as well offer products and services, which will need revenue, should make itself known through marketing, and must be critically concerned...
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... Whether it involves executing a Business Continuity Plan or leading a nonprofit organization in helping with the malnutrition epidemic in Africa, there are a few different leadership styles out there and each is very different from one another. The style of leadership is dependent on which kind of setting you are in. Surgical attendings are the leaders and teacher to the surgical residents, the type of coaching role they play differs from the commanding role of a sergeant in the military. The graphs below are effective in illustrating the styles of leadership and how they are applied. Each of these styles is very important for a leader to have. Depending on which field of work they are in, a different style may need to be used based on the situation. When a leader is able to be authoritative yet democratic and still coach his team, they will constantly be motivated to be more. The theories of Leadership include Great Man Theories, Trait Theories, Contingency Theories, Situational Theories, Behavioral Theories, Participative Theories, Management Theories and Relationship Theories. I have constructed a table that has a simple overview of each of these theories. Theory | Overview | Great Man Theories | “Great leaders are born not made” Historically, leadership roles were for a man who was a natural leader, especially in the Military. | Trait Theories | Trait theory is actually similar to Great Man theory, in the sense that it is believed certain people inherit specific...
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...First Potomac Realty Trust is a self-managed real estate investment trust. They are one of the leading owners of commercial real estate in the Washington, D.C region. The company focuses on owning, operating, developing and redeveloping commercial real estate. The corporate headquarters of the company is located in Bethesda, Maryland (First Potomac Realty Trust, 2015). First Potomac Realty Trust strives to create lasting partnerships with their tenants, maintain their reputation as trustworthy landlords and to provide their shareholders with profitable returns on their investments. They are known to be an ethical and trustworthy organization and are committed to long-term partnerships with their tenants and brokers. They are also a publicly traded company and have a concentrated portfolio in the Washington, D.C. area (First Potomac Realty Trust, 2015). Energy and sustainability are the center of First Potomac Realty Trust’s corporate social responsibility initiatives. Their decisions are geared to meet social and environmental standards in a positive way (Tesia Vargason, personal communication, April 1, 2015). With the purchases of properties in the DC Metro area, they are frequently improving their buildings to meet LEED or Energy Star standards, which creates better efficiency for lighting and heat and the environment simultaneously. They believe that this approach creates the best value for tenants of the buildings and employees (Tesia Vargason, personal communication...
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...A STUDY OF THE EFFECTIVENESS OF A DIVERSE WORKFORCE WITHIN NONPROFIT ORGANIZATIONS SERVING OLDER ADULTS: AN ANALYSIS OF THE IMPACT OF LEADERSHIP STYLES AND ORGANIZATIONAL CULTURE by Valdes J. Snipes Bennett A Dissertation Presented in Partial Fulfillment Of the Requirements for the Degree Doctor of Philosophy Capella University June 2006 UMI Number: 3226208 Copyright 2006 by Snipes-Bennett, Valdes J. All rights reserved. UMI Microform 3226208 Copyright 2006 by ProQuest Information and Learning Company. All rights reserved. This microform edition is protected against unauthorized copying under Title 17, United States Code. ProQuest Information and Learning Company 300 North Zeeb Road P.O. Box 1346 Ann Arbor, MI 48106-1346 © Valdes J. Snipes Bennett, 2006 Abstract It has been theorized that the leadership style (LS) of a leader/manager in nonprofit organizations is important to effectively motivate employees to work together in achieving goals. The purpose of this study is to determine if there is a relationship between leadership styles, organizational culture (OC), and organizational effectiveness outcomes (OEO). The relationship study applies data collection and scoring procedures developed by Bass and Avolio. The correlation between independent variables of transformational, transactional and passive/avoidant leadership styles and the dependent variables of transformational and transactional OC, and OEO variables of effectiveness...
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...| MARKETING FOR A NON-PROFIT ORGANIZATION By: Ahmed Alhalal, Charles Hazzard, Dreu dixon, Faisal Al Mubayedh, Kelly Walker April 11, 2013 Introduction to Engineering Management- 2111-001 MARKETING FOR A NON-PROFIT ORGANIZATION By: Ahmed Alhalal, Charles Hazzard, Dreu dixon, Faisal Al Mubayedh, Kelly Walker April 11, 2013 Introduction to Engineering Management- 2111-001 | EXECUTIVE SUMMARY At the start of this project, our team was given a special opportunity to develop a hands-on marketing project with a non-profit organization. This non-profit organization goes by the name of The Lightfactory, and is known as one of four museums of photography and film in the United States. The board of directors requested our team to develop an e-mail campaign strategy to improve membership and donor rates. However, as systems engineers, none of our team members had any prior knowledge of marketing or segmenting. Therefore our team was forced to do some extensive research on non-profit marketing, as well as database segmenting. The ideals and concepts learned throughout the research process were eventually used as a foundation for completing the project objectives proposed by the Lightfactory board of directors. Segmenting the database was a success and provided some key insights about the LightFactory’s customer base. Most of the customer’s in the database were segmented into three major populations: Big givers, Middle givers, and Low givers. These segments are customers...
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