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HSC & COMPANY'S REGULAR UPDATE

Issue 23: 18 May 2011

In this issue:

Rapid reviews for Private Ancillary Funds


NFP regulator and definition of charity announced in Budget

Three attributes that are vital for effective philanthropy

10 things fundraisers won't say

Pay for success

eBay acquires nonprofit fundraising tool Missionfish

     





       
Rapid reviews for Private Ancillary Funds


HSC & Company's private philanthropy practice has led the establishment of many new Private Ancillary Funds (PAFs) for clients ahead of the end of financial year.

It's also the ideal time for existing PAFs to review their governance, administration and grant making processes.

HSC & Company's two-week rapid review quickly identifies compliance gaps and provides advice about how to achieve best practice standards for PAFs.

Contact HSC & Company to learn more.
 
   



 
 
NFP regulator & definition of charity announced in Budget

Among the announcements in the Federal Government's Budget were a couple of exciting points for the Australian philanthropic sector and for the not-for-profit sector as a whole.

  • The new independent not-for-profit regulator will be called the Australian Charities and Not-for-profits Commission (ACNC) and will be established by 1 July 2012.

  • The implementation taskforce for the ACNC will be set up in Treasury from 1 July 2011.

Learn more

 
     
 
 
 
 
Three attributes that are vital for effective philanthropy

From Jim Canales, CEO of the James Irvine Foundation. As I leave a conference marking the 10th anniversary of the Center for Effective Philanthropy (CEP), I find myself reflecting on our progress as a field in understanding what exactly constitutes “effective philanthropy.”

Learn more


     
 

 
   
10 things fundraisers won't say

Smart Money Magazine's Jami Makan describes 10 things fundraisers won't say.


Learn more
 
     





 
 
Pay for success

President Obama’s 2012 budget includes an innovative proposal called Pay For Success that has the potential to revolutionize the way the government provides funding for social services. The program creates a framework for government payments to be contingent on positive program results rather than paying for program delivery.

Learn more
 
     






 
 
eBay acquires nonprofit fundraising tool MissionFish

eBay has been acquiring companies left and right recently and today is announcing the acquisition of yet another startup (this time a nonprofit)—MissionFish.

MissionFish has actually been powering eBay’s Giving Works program, which allows sellers to donate items and proceeds from sales to charitable causes and enables buyers to donate to these causes.

Learn more

 
   


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