Simple, common sense approaches to issues are often the least expensive and most effective. Continuously having to replace staff is very costly and the true cost is never known. Ramp up time for the new employee, lost client service opportunities and two of the costs that cannot be calculated. The time it takes to recruit […]
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Hiring and retaining employees
Last week the Center for Philanthropy and Nonprofit Leadership at Rice University hosted an insightful lecture by Dr. Bob Reid on transparency in private philanthropy: “A Foundation of Trust: Should Private Philanthropy be More Transparent?” (see featured image) Reid is the Executive Director of J. F. Maddox Foundation, a private philanthropic institution in Hobbs, New […]
Read moreThe Importance of Board Diversity
A group of people who like what you do is not necessarily an effective Board. An effective Board is diverse: ethnically, culturally, financially, and most importantly, diverse in thought. Thought diversity brings to light many perspectives: an all woman Board has one perspective, an all male Board has another perspective, a Board made up exclusively […]
Read moreNew Overtime Rule Could Impact Nonprofits
Most employees of nonprofit organizations are entitled to the minimum wage and overtime protections afforded by the Fair Labor Standards Act. Until recently, any full-time worker paid more than $23,660 in annual salary was exempt from this provision and therefore not required to be paid overtime. On May 18 the Department of Labor published its […]
Read moreHouston’s nonprofit arts organizations support 14,115 full-time jobs locally. An additional 12,192 professional artists call Houston their home. In total, 29,729 jobs are sustained by the city’s nonprofit arts industry.
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