‘My fellowship approaches its end soon!!’
One of the most important subjects fellows are talking about is their plans when they go back home.
Some of us apply for jobs, others for scholarships. Some of us don’t even know what they want to do. But for me, despite the dozens of ideas hunting my mind day and night, and despite the external pressure about this sensitive subject. I made a clear decision that does not include any professional career plans, at least temporary.
Successful not-for-profits typically proceed along a standard life cycle. Their early stage precedes a growth period that runs several years, followed by maturity. At this stage, the nonprofit has built its core programs and achieved a reputation in the community. But no organization can afford to rest on its laurels.
Where you are
Mature organizations generally are adept at maintaining adequate operating reserves and sufficient cash on hand to support daily operations. Your nonprofit also may already have initiated a planned giving program and endowment.
Almost daily, I run into the misconception that the function of sales and business development are interchangeable, from co-workers to industry peers. This stems primarily, I believe, from the shift in titles of salespeople to business development — which has been done in an effort to avoid the negative connotation that surrounds it.
When you think about the function of business development, it should be thought of as a marketing function. Yes, there are some soft sales skills (qualification, negotiation, etc.) that are necessary to become a good business development professional, but at the end of the day, it’s a marketing function.
The title of business development (BD) is becoming more and more common in startups. The irony, not many folks know what it is. It’s become the catch-all term, a ubiquitous phrase depending on whom you talk to — which of course contributes to the confusion. Frankly, it’s a tough thing to articulate.
Typically, the function of BD can include a variety of activities like strategic partnerships, content licensing, product distributions, monetization, and sometimes acquisitions.
But, it varies greatly depending on the size and type of startup.
Tunisia celebrates its Independence Day annually on March 20. This holiday celebrates the anniversary of independence from France in 1956.
Tunisia has been under French protectorate for almost a century. The country declared itself a bankrupt in 1869 and the international financial commission took control over its economy. In 1881 France invaded Tunisia with an army of about 36,000 soldiers and forced the bey Muhammed as-Sadiq to accept its terms. The French military occupation was established in Tunisia.
During the French protectorate of Tunisia European settlements in the country were encouraged, that led to an active enlargement of French and Italian colonists.
Countless nonprofits have partnered up for strength and survival in recent years. But the success of these arrangements depends on careful planning and oversight.
Types of partnering
There are many types of partnership arrangements between nonprofit organizations. But the two terms you’ll hear most often are:
1. Strategic alliance. This is a blanket term typically used to represent a wide range of affiliations. A strategic alliance can involve a relationship with another nonprofit, a for-profit or a governmental entity. Such alliances can take the form of joint programming, collective impact collaborations, cost sharing and many other arrangements.
According to the 2017 Nonprofit Employment Practices Survey by human resources consultant Nonprofit HR, charities are hiring at a faster pace than for-profit companies. Of the not-for-profits surveyed, 50% reported that they would add staffers, vs. 40% of for-profit businesses.
Yet plenty of nonprofits are still hesitating to add employees to the payroll. If your organization is on the sidelines but thinking about hiring in the near future, the following three questions can help you decide:
For better or worse, the Tax Cuts and Jobs Act (“Act”) is on its way to the White House and President Trump is expected to sign it. The bill will bring about sweeping changes to the US tax code for both businesses and individuals. However, it will also impact tax-exempt organizations and their donors.
Temporary Increase in Charitable Contribution Deduction Limitation
Pre-Act Law. The deduction for an individual’s charitable contribution was limited to 50%, 30%, or 20% of the donor’s adjusted gross income depending on the donee organization’s tax classification and whether the contribution consisted of capital gain property.