The NonProfit Times - March 1, 2009 - (Page 19) LETTER TO THE EDITOR Info On AARP Foundation Litigation Was Incorrect Congratulations to the American Cancer Society (ACS) on establishing a legal advocacy arm (The NonProfit Times, February 1). We have worked with ACS in its new legal advocacy effort and agree that it has set the correct course. We look forward to once again collaborating with them on amicus efforts in the months ahead. However, the article contained an error about the role of AARP Foundation Litigation (AFL) in representing older persons in the courts, and requires a correction. also represent the interests of older persons in appellate courts and, most importantly, the U.S. Supreme Court, through amicus briefs filed on behalf of AARP. In fact, contrary to the article, AARP Foundation Litigation last year filed 52 amicus briefs,11 of which were in U.S.Supreme Court cases. Three of those cases involved employment discrimination, four protected pensions and employee benefits, and the remaining four protected rights of utility and prescription drug consumers. AFL is proud to represent the interests of older persons throughout the land, both through its extensive amicus efforts and direct client representation. Stuart Cohen Senior Vice President Legal Advocacy AARP Foundation Litigation Washington, D.C. www.nptjobs.com PROJECT DIRECTOR Project Director – Responsible for increasing Red Cross organizational capacity to effectively communicate with NJ policymakers about disaster preparedness and response needs, improving state and local policymaker understanding of disaster preparedness and response issues affecting their communities. College degree required. Masters preferred.Work experience w/NJ government relations & politics required. Email resumes to reiffb@njredcross.org or mail to American Red Cross, 707 Alexander Rd. Ste 101, Princeton, NJ 08540. No phone calls please. EOE. DEVELOPMENT OFFICER INDIANA BLACK EXPO, INC. JOB ANNOUNCEMENT for CONTROLLER POSITION Indiana Black Expo, Inc., a nonprofit organization, seeks individual with proven ability as a lead accounting professional who has substantial experience to manage and supervise its financial operations. The candidate must be proficient in financial management software, preferably American FundWare financial management software, and be experienced with nonprofit policies and procedures. A BA/BS in accounting and MBA preferred, a CPA is a plus; 5 years minimum experience as a senior financial manager. Please send resumes (no phone calls): Indiana Black Expo, Inc. Human Resources 3145 N. Meridian Street Indianapolis, IN 46208 or Email: vkendrick@indianablackexpo.com Widely respected not-for-profit health and human services organization has an excellent growth opportunity, working with an experienced fundraising team, in their Development Department. Responsibilities include identifying and cultivating prospective donors, soliciting major gifts and assisting with implementing special events. Candidate must have BA/BS, 2-4 years of development experience, excellent writing & analytical skills, experience with direct solicitation and building relationships with new funders. Strong computer and Internet research skills necessary, Raiser’s Edge a plus. We offer a competitive salary and excellent benefits package. Please send resume to: Recruiter, The Jewish Guild for the Blind, 15 West 65th Street, New York, NY 10023, Email: employment@jgb.org. An Equal Opportunity Employer M/F. The AARP Foundation has broad charitable purposes, including administering community service programs and engaging in legal advocacy. AARP Foundation Litigation attorneys have for more than 10 years represented clients individually, as well as in class action cases, in cases that impact the lives of countless older persons.AARP Foundation Litigation attorneys STREETSMART NONPROFIT MANAGER Continued from page 17 flowing capital into banks in order to loosen credit this may not be likely, but the risk may still be there. What’s Our Single Largest Asset? Nonprofits must own assets, or things of value, to operate. How your organization chooses to hold its assets can help determine how well you will weather this storm. Look for the single largest asset on your balance sheet, then stop for a moment to think about who controls that asset in your organization. That’s your biggest risk area, and you need to understand it in the context of a bad economy. Here are some tips. If your largest asset is: Cash. Red flag.This is lazy money, cash sitting by the pool all day instead of working hard earning interest. Who controls those cash accounts? Probably a staff person, possibly even a staff person buried somewhere in the back office without a lot of supervision. Even a good system of checks and balances and internal controls is thin protection against an insider hungering for that cash. Fix the problem right away. Accounts Receivable. Whoever controls those receivables controls your organization. Can they deliver on their promises to pay? If they can, will they actually pay on time? In a down economy it is important to ask yourself if those who owe you money will be paying in full and on time. Even if everything looks okay now, watch those receivables very closely. Grants Receivable. Similar problem as above, except that payment might be more secure -- and slower. In down times, foundations’ portfolios experience exactly what any set of investments experiences -- that sickening feeling of the roller coaster going down fast. They might pay slower or seek to stretch out that multi-segment award. Investments. This was covered, mostly, in this above. If your single largest asset is a portfolio of investments,your major problem is making sure they’re managed properly. Real Estate. Here, too, is a possible double whammy. Real estate values are going down every month. That’s manageable unless you plan to sell soon. But if your single largest asset is real estate, pay careful attention to your cash balances. Real estate can suck the cash right out of an organization. If you’re overloaded on this end you may not have enough cash for normal operations and you could wind up house rich and cash poor. You can see the insidious nature of all this. If you freeze spending, slow down investments, look for savings and forego purchases you’re doing the right thing for your organization. If everyone does that, the economy slows down.That’s the paradox, and it always takes a while to work out of it. But at least you’ll be around to see the upturn. NPT Thomas A. McLaughlin is a national nonprofit management consultant. He is the author of the book “Nonprofit Strategic Positioning” (John Wiley and Sons, 2006). His email address is tommclaughlin@aol.com NOTICE OF JOB AVAILABILITY The American Indian Community House, New York, NY has the following current employment opportunities available: Health Director—Position to be filled for: 1 June 2009; Behavioral Health Program Coordinator— Position to be filled: Immediately; Behavioral Health Case Manager— Starting dates: Flexible. Complete job descriptions available at www.aich.org.To apply please email: rrichmond@aich.org. For full descriptions or to send resume and cover letter Fax: 1 (212) 228-7840. Please: No phone calls or personal contacts. Have a job opening? Call THE NONPROFIT TIMES at 973-401-0202 x206 www.nptimes.com 19 MARCH 1, 2009 THE NONPROFIT TIMES http://www.nptjobs.com http://www.nptjobs.com http://www.aich.org http://www.nptimes.com
Table of Contents Feed for the Digital Edition of The NonProfit Times - March 1, 2009 The NonProfit Times - March 1, 2009 Buyers' Choice Where's All the Money? Stocks of Vendors Tracking Worse Than Indexes Contents Calendar Page 4 AFP Conference Map Spring Clean-Up NPT Fundraising Guide Financial Paradox Business Briefs NPT Jobs Resource Directory Advertiser Index The NonProfit Times - March 1, 2009 The NonProfit Times - March 1, 2009 - Stocks of Vendors Tracking Worse Than Indexes (Page 1) The NonProfit Times - March 1, 2009 - Stocks of Vendors Tracking Worse Than Indexes (Page 2) The NonProfit Times - March 1, 2009 - Calendar (Page 3) The NonProfit Times - March 1, 2009 - Page 4 (Page 4) The NonProfit Times - March 1, 2009 - Page 4 (Page 5) The NonProfit Times - March 1, 2009 - Page 4 (Page 6) The NonProfit Times - March 1, 2009 - Page 4 (Page 7) The NonProfit Times - March 1, 2009 - Page 4 (Page 8) The NonProfit Times - March 1, 2009 - Page 4 (Page 9) The NonProfit Times - March 1, 2009 - Page 4 (Page 10) The NonProfit Times - March 1, 2009 - AFP Conference Map (Page 11) The NonProfit Times - March 1, 2009 - AFP Conference Map (Page 12) The NonProfit Times - March 1, 2009 - AFP Conference Map (Page 13) The NonProfit Times - March 1, 2009 - AFP Conference Map (Page 14) The NonProfit Times - March 1, 2009 - Spring Clean-Up (Page 15) The NonProfit Times - March 1, 2009 - NPT Fundraising Guide (Page 16) The NonProfit Times - March 1, 2009 - Financial Paradox (Page 17) The NonProfit Times - March 1, 2009 - Business Briefs (Page 18) The NonProfit Times - March 1, 2009 - NPT Jobs (Page 19) The NonProfit Times - March 1, 2009 - Advertiser Index (Page 20) The NonProfit Times - March 1, 2009 - Advertiser Index (Page 21) The NonProfit Times - March 1, 2009 - Advertiser Index (Page 22) The NonProfit Times - March 1, 2009 - Advertiser Index (Page 23) The NonProfit Times - March 1, 2009 - Advertiser Index (Page 24)
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