Our piece in the Chronicle of Philanthropy provides a glimpse of what nonprofits are already doing in response to COVID-19 and the 8 Steps Nonprofits Should Take Now to Survive the Pandemic Fallout.
Executive Directors and Boards will need to take decisive and difficult action if the nonprofits they lead are to survive the COVID-19 crisis. SeaChange has a decade of experience working with nonprofits with respect to risk management, lending, financial analysis, mergers/collaborations, and restructuring/dissolution. Our new report—Tough Times Call…
Covid-19 is poised to become an extinction-level event for America’s nonprofits. In the face of this looming disaster, everyone has work to do. SeaChange is doing all we can to assist our current borrowers, flow new money from willing funders into nonprofits, and advise nonprofits leaders and boards…
The recent report on “Ending the Starvation Cycle” confirms that the vast majority of funding is project-based, that this type of funding rarely covers the full cost of the associated work, that “cost-minus” funding is not just unfair but also causes a whole host of financial and non-financial problems…
America’s private nonprofit colleges play a significant role in American society, yet few people appreciate just how much pressure they are under as we discuss in this CNN article.
On September 19th SeaChange hosted our Third Annual “Great Debate” on the question: “Is Giving by the Wealthy A Good Thing?” The discussion between Rob Reich and Phil Buchanan was very engaging and even included some fireworks between our two wonderful debaters.
My recent opinion piece highlighted the irony of nonprofits waiting so long or contract registration and payments while Mayor “jumped the queue” when his contract was taking too long. The dozens of comments since I’ve received reflect the profound disappointment that almost all nonprofits feel about the Mayor and the…
In this new article—Are you a Dipper?—we describe how many nonprofits really fund their working capital, why it can be dangerous, and how to avoid it.
ImpactUs looks to have had a lot going for it but its failure is a reminder that many nonprofit earned-income ventures (“NEIVs”)—organizations launched with a big dollop of philanthropy but then expected to “make it” on earned income—are not approached in a way that maximizes the odds of success. In…
When Healing Arts Initiative declared bankruptcy, it was the last in a series of tragic events that was seemingly the death knell for the 47-year-old nonprofit. Then-Executive Director D. Alexandra Dyer had been attacked with drain cleaner, causing severe burns to her face. Dyer had exposed the embezzlement of $750,000…