Monthly Archives: September 2019

Team Rynkeby collects EUR 10 million in international donations on behalf of severely ill children

The Eckes-Granini Group supports the benevolent engagement of Europe’s most ambitious charity cycling project. Nieder-Olm, 30 September 2019. Since 2002, when employees of Rynkeby Foods A/S decided to ride their bicycles to Paris for a good cause, the Team Rynkeby project has become Europe’s biggest charity cycling event. More than 2,000 cyclists from 7 countries took part in the initiative in 2019 and collected 10.6 million euros for children suffering from severe illnesses. An absolute…

Source: RealWire

Realwire: Charity | https://www.realwire.com/rss/?id=531&row=&view=Synopsis

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Does Hospital Status Affect Performance?

Nonprofit and Voluntary Sector Quarterly, Ahead of Print. This article investigates the impact of hospital profit status on quality of care as measured by risk-adjusted, 30-day, inpatient readmission rates gathered by the Centers for Medicare and Medicaid Services. It also evaluates the association between inpatient readmission rates and market concentration, measured by the Herfindahl–Hirschman Index, and various hospital characteristics. It concludes that nonprofit (NP) hospitals have a statistically significant negative association with readmission rates because they can focus on their mission without intense pressure to make a profit. We find no significant association between quality of care and hospital market competitiveness nor any statistically significant evidence to reject the exogeneity assumption of NP status.

Nonprofit and Voluntary Sector Quarterly | http://journals.sagepub.com/action/showFeed?ui=0&mi=ehikzz&ai=2b4&jc=nvsb&type=etoc&feed=rss  

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Constraints and Strategies to Scaling Up in Sport for Development and Peace Organizations: Evidence From the Field

Nonprofit and Voluntary Sector Quarterly, Ahead of Print. The purpose of this study was to explore and examine the constraints faced by managers as they attempt to scale up their sport for development and peace (SDP) organizations, and to identify the strategies they are employing to mitigate these constraints. Previous research has not examined constraints to scaling up in the SDP nonprofit space. Findings revealed three major themes related to challenges within four types of scaling up (quantitative, functional, political, organizational); skepticism about sport as a development tool, funding challenges leading to an entrepreneurial mind-set, and challenges associated with a general lack of business acumen among key leaders. Within each of these three themes, strategies for addressing these constraints are illuminated. These constraints and strategies are positioned within the broader nonprofit context, and theoretical and practical implications for scaling up SDP organizations are also explicated.

Nonprofit and Voluntary Sector Quarterly | http://journals.sagepub.com/action/showFeed?ui=0&mi=ehikzz&ai=2b4&jc=nvsb&type=etoc&feed=rss  

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The Good Exchange Celebrates Disbursing £11.5m to Good Causes As It Reaches Third Anniversary

The platform has seen a 116% increase in new user registrations, while the number of projects achieving full funding via the platform has jumped by 70% in the last yearNewbury, 18th September 2019 – Not-for-profit, charity owned online charitable giving platform The Good Exchange has revealed significant growth figures as it celebrates its third anniversary today. In its third year of operations, the platform disbursed over 1,200 grants (with a 74% increase in total grant…

Source: RealWire

Realwire: Philanthropy | https://www.realwire.com/rss/?id=720&row=&view=Synopsis

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ThreatQuotient Expands Support for Rhino Conservation in Honour of World Rhino Day

Long-time supporter of efforts to save rhinos becomes official partner of Helping Rhinos charityLONDON, UK – 17th September 2019 – ThreatQuotient™, a leading security operations platform innovator, today announced its partnership with Helping Rhinos, a charity organisation focused on providing a sustainable future for rhinos. As an official supporter, ThreatQuotient aims to bring awareness to rhino conservation efforts and to raise money for initiatives that will ensure protection of the endangered species. The rhino has…

Source: RealWire

Realwire: Charity | https://www.realwire.com/rss/?id=531&row=&view=Synopsis

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Grantmaking Foundations’ Asset Management, Payout Rates, and Longevity Under Changing Market Conditions: Results From a Monte Carlo Simulation Study

Nonprofit and Voluntary Sector Quarterly, Ahead of Print. Today’s uncertain financial markets could affect foundations’ future grantmaking capacities. We review foundations’ financial decision-making patterns and their effect on foundations’ assets, longevity goals, and payouts. Using three fictional foundations with different longevity goals and grantmaking preferences, we demonstrate the delicate balance and tight nexus between asset management strategies, payout rates, and longevity. To do so, we perform stochastic Monte Carlo simulations of multiple foundation life cycles, conducted under diverse capital market scenarios. The findings suggest that foundations should (a) readjust their return expectations to today’s less favorable markets; (b) reduce their reliance on past portfolios’ investment returns or unique “success stories” in making decisions; (c) appreciate the strong interdependence between portfolio-mix, payout rates, and longevity; (d) consider effects of their particular mission/problem area on these parameters; and (e) use tailored projection analyses that simulate various investment strategies, payouts rates, and longevity to meet their grantmaking goals.

Nonprofit and Voluntary Sector Quarterly | http://journals.sagepub.com/action/showFeed?ui=0&mi=ehikzz&ai=2b4&jc=nvsb&type=etoc&feed=rss  

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Government & National Lottery backed youth social action #iwill Fund supported by County Durham Community Foundation available via The Good Exchange

Local youth charities and good causes encouraged to apply for grants totaling £150,000 from a North East charitable trust in latest funding roundNewbury, 10th September 2019 – Not-for-profit cloud platform The Good Exchange has today announced that £150,000 of funding is available to support young people in the North East of England.County Durham Community Foundation (CDCF) is launching its youth social action programme by bringing together the Government and National Lottery Community Fund-backed #iwill programme…

Source: RealWire

Realwire: Voluntary Work | https://www.realwire.com/rss/?id=575&row=&view=Synopsis

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What Does Innovation Mean to Nonprofit Practitioners? International Insights From Development and Peace-Building Nonprofits

Nonprofit and Voluntary Sector Quarterly, Ahead of Print. Charitable nonprofits strive to meet their organization’s goals, address external demands, and secure resources to pursue their missions. Management scholars have recommended that nonprofits promote innovation and innovative practices to maximize profits and gain a competitive advantage. However, the voices of nonprofit practitioners who implement this strategy have not been heard. We used data from interviews and focus groups with 47 practitioners representing development and peace-building nonprofits across six continents to probe what innovation means to them. Five themes emerged: (a) experimentation and social transformation, (b) financial sustainability, (c) collective solutions, (d) new means for achieving missions, and (e) adaptations to local contexts. These findings reveal discrepancies in the meaning of innovation between theory and practice. The findings from this study suggests innovation and innovative practices can have different meanings in different sectors. Perspectives on nonprofit innovation are multifaceted, yet the overarching emphasis is finding transformative ways to attain organizational goal(s) for social change.

Nonprofit and Voluntary Sector Quarterly | http://journals.sagepub.com/action/showFeed?ui=0&mi=ehikzz&ai=2b4&jc=nvsb&type=etoc&feed=rss  

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Understanding the Dissolution of Nonprofit Organizations: A Financial Management Perspective

Nonprofit and Voluntary Sector Quarterly, Ahead of Print. The financial antecedents of nonprofit dissolution have not been well studied, although there is growing scholarly attention devoted to the dissolution of nonprofit organizations. Using longitudinal data on U.S. public charities from 2005 to 2015, this study employs the Cox proportional-hazards model to examine the effects of overhead costs and revenue mix on nonprofit dissolution. In particular, we find that spending on employee compensation and fundraising each has a nonlinear, U-shaped relationship with the likelihood of nonprofit dissolution. We also find that commercial nonprofits are less likely to dissolve than their noncommercial counterparts. Finally, revenue diversification has a favorable effect on nonprofits’ survival prospects. These findings provide important managerial implications for nonprofits to sustain their operations and influence in practice.

Nonprofit and Voluntary Sector Quarterly | http://journals.sagepub.com/action/showFeed?ui=0&mi=ehikzz&ai=2b4&jc=nvsb&type=etoc&feed=rss  

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DataCore takes Platinum Sponsorship for LifeCycle Challenge 2019

READING, UK & MALTA, September 02, 2019 – DataCore Software is sponsoring the LifeCycle Challenge in its 21st anniversary year, raising much needed funds to assist renal patients to have a significantly improved quality of life. Their main fundraising event, the Nescafé 3in1 LifeCycle Challenge, this year sees 27 cyclists racing 2,000km across Vietnam, Laos and Cambodia in just 10 days this September. Michel Portelli, VP EMEA Marketing, DataCore commented: “This life-changing charitable challenge across…

Source: RealWire

Realwire: Charity | https://www.realwire.com/rss/?id=531&row=&view=Synopsis

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