Building Bridges - The TANGO Blog
TANGO’s mission is to build bridges between the nonprofit sector and the business sector. The mission is based on the belief that the interests of the sectors are capable of being aligned, and that communities do better when their interests are aligned.
More about the TANGO Blog
|
An alignment of interests is not the same as a merger of interests. Each sector is responsible for different tasks within a community, both sets of tasks are necessary conditions for community stability, and each sector should be allowed to perform the tasks for which it is best suited without undue interference from the other. However, recognizing the equally important role each sector plays in the community, the sectors should support each other, and doing this will require a bridge over which information, ideas, problems, solutions, and goals are exchanged freely in both directions. |
The principles upon which the bridge will be built are the TANGO Founding Principles appearing at the beginning of our textbook, The TANGO Nonprofit Method. This Blog is one component part of the bridge we will be building, and it will be both a platform and a portal to identify relevant information, ideas, problems and solutions and to discuss them openly and critically. Finally, our roots are in the business sector, and we will bring “business-like” rigor to our commentary. We will be frank and clear so as not to be misunderstood, while always being respectful. We also invite counter-opinion from those who disagree. Having said this, our critique of nonprofit sector organizations will be based on the following rigorous standards and principles: |
ONE: Tax-exempt status is a privilege conferred by federal and state legislative acts. Tax exemptions and tax deductions reduce public tax revenue, and, as such, indirectly subsidize nonprofit sector operations.
TWO: The governing boards and management teams of these organizations must adhere strictly to high fiduciary standards when expending and managing the funds and assets of the organizations they serve. Moreover, as fiduciaries of financial and other assets dedicated to a public/charitable purpose, nonprofit governing boards have a higher level of responsibility than do our elected officials who are not held to fiduciary standards when they exercise their voting authority over public assets.
THREE: Nonprofit governing boards have a duty to develop a set of measures and metrics to gauge both internal operating functions and the social impact of their organizations. The applicable measures and metrics should be prepared in conformance with the fiduciary standards mentioned above consistent with applicable benchmarks, data, and known industry standards.
FOUR: Organizations should report prominently and candidly the results of operations relative to the measures and metrics. The fiduciaries governing boards of these organizations must have the courage to report poor measures and metrics, not unlike the manner in which publicly traded business organizations are required to do so – even if over the objections of management.
FIVE: Nonprofit Organizations should not misuse the emotional appeal of their mission. The emotional appeal of a mission statement should be subordinate to the measurement and metric outcomes.
Rising Star Scholarship Recipients Announced at Celebrate Nonprofits Night
Rising Stars announced. . . TANGO was proud to announce our 2022 Rising Star Scholarship Recipients at out Celebrate Nonprofits Night at the Hartford Yard Goats game on May 12th. It was a beautiful night where we presented our awards on the field in the Pre-game...
Partners Perspective – Weiser Innovations
The role of Talent Acquisition is to create and implement a robust strategy aligned to the overall business strategy of the organization. The goal of this strategy is to ultimately identify and engage qualified individuals to join the organization as team members. This requires skills most closely aligned with a sales function.
Partners Perspective – Franklin Pierce University
If business owners learned anything from the last two years, it would be importance of investing and supporting employees. While some could argue that employers should have already been attuned to this, COVID-19 forced a reckoning with the employer-employee relationship.
Partners Perspective – Financial One Accounting, Inc.
An adaptive marketing strategy is one that is constantly changing based on relevant, accurate data in order to reach qualified individuals in the most effective ways.
Partners Perspective – Cause Inspired
An adaptive marketing strategy is one that is constantly changing based on relevant, accurate data in order to reach qualified individuals in the most effective ways.
Partners Perspective – FML
As we are close to calling 2021 a wrap, it is the perfect time to make sure your organization’s records are up to date and complete with a few housekeeping suggestions. These recommendations should be considered regardless of when your organization financial year-end is.
Partners Perspective – The Connection
A Training Perspective on Employee Retention Michele Kilmczak, MA, LMSWDirector of Training & Grant Management In the midst of the COVID pandemic, the Great Resignation is having a considerable impact on many organizations. Recruitment poses its own challenges,...
The Nonprofit Sector’s Special Sauce
Over the last three months we completed our first two trainings of individuals from diverse backgrounds for placement on nonprofit boards of directors in their communities.
A Training Perspective on Employee Retention – The Connection
In the midst of the COVID pandemic, the Great Resignation is having a considerable impact on many organizations. Recruitment poses its own challenges, but convincing people that your organization is a great place to work is a lot easier than convincing them to stay.
Combating Cybersecurity Challenges in a Hybrid Work Environment – Kyber Security
Combating Cybersecurity Challenges in a Hybrid Work Environment Michael L. GiuffridaPresidentKyber Security The Covid-19 pandemic has forever transformed the way we work. The transformation has been so drastic, sudden and unexpected that many organizations have yet to...
Want More Content Like This?
For all the latest news, events and nonprofit related content, become a member and receive our montly Trends Newsletter. membership is free for all nonprofit organizations.