Nonprofit, nonpartisan journalism. Supported by readers.

Donate

Business

20-somethings lead the way to nonprofit major at U

Worried about the looming nonprofit leadership shortage as baby boomers retire? Here are two names to ease your mind: Eric Larsen and Brian Peterson. Read more… By Scott Russell 

Economist editor ticks off long list of anxieties

Need a few things to worry about?Here are some suggestions, courtesy of John Micklethwait: Protectionism, global warming, religious zealotry, lack of world leadership, rising economic disparities, overwrought fear of China, opposition to immigration

Fundraising report finds nonprofits seeking $1.5 billion

For the first time since 1997, the Minnesota Council on Foundations has published a report on capital and endowment fundraising campaigns among the state’s nonprofits. Read more… By Scott Russell 

This Ewe group is no stranger to urban life

In a recent post, I wrote about a new Internal Revenue Service requirement that small nonprofits ($25,000 or less in receipts) file an annual e-postcard.

Forum tries to sort out complex fallout from subprime debacle

Roger Conant, who spoke first at a forum Monday evening to discuss the subprime crisis, got right to the point. The nation, he said, is in the midst of a gigantic transfer of wealth from Main Street to Wall Street. Read more…

Proposed standards may get pushback from nonprofits

The Charities Review Council is changing its accountability measures and some of the proposed standards could become hot potatoes in the nonprofit community. Read more… By Scott Russell 

Service finds matches for openings on nonprofit boards

When the Twin Cities Housing Development Corporation has a board opening, it struggles to find volunteers with the financial and real estate savvy needed to help guide multimillion-dollar housing deals.Last year, TCHDC executive director Barbara McQ

Expanded definition of fundraisers is puzzling nonprofits

Beware the Minnesota Department of Revenue’s “randomly selected audits.”Such an audit concluded that the nonprofit White Bear Center for the Arts owes more than $5,600 in back sales taxes on four years of fundraising events.

Bear Stearns news makes tense day for area financial folks

Twin Cities brokers, money managers and financial advisers were riveted to their television screens, computer monitors and telephones Monday, in the wake of the takeover engineered by the Federal Reserve of the Bear Stearns investment firm.

Fed sees sluggish job growth, with state lagging the region

Slower growth, but no recession.
That’s how the Federal Reserve Bank of Minneapolis thinks the new year will play out in its far-reaching territory, which stretches from Michigan’s Upper Peninsula to the western border of Montana.
Tobias Madden an