Arts & Science Council board of directors approved release of more funds from $900,000 restricted operating grant to Charlotte Symphony based on first phase of symphony’s business plan. Council will release $150,000 in September and $75,000 in October, November and December. Remaining $375,000 to be distributed in January if symphony has met bridge funding goals for fiscal 2010.
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Study Finds Nonprofit Partnerships Can Help Solve Bureaucratic Tangles
New research published in the journal Administration & Society suggests that some nonprofits may be able to better serve their constituents by partnering with public institutions.
The “Lean” Nonprofit
Companies are expected to not only deliver some profit, but to maximize shareholder value. In the same way, nonprofits must move beyond doing some good, to maximizing social impact and scale.