Jack's Journal - November 2021
The Nonprofit Sector’s Special Sauce
Director of Nonprofit Education & Consulting
The trainings consist of three live Zoom sessions of ninety minutes each based on the first eight chapters of our textbook, The Tango Nonprofit Method.
As I think back to the questions and discussions during these sessions, I suggest that perhaps the most poignant information provided to students is contained in a slide (reprinted below) that I developed to explain what I refer to as the “special sauce” that makes the nonprofit sector such an engaging and interesting sector place to be.
The special sauce is illustrated by the red and the green arrows on the slide. The red arrow demonstrates that nonprofits must be organized and operated to fulfill a public (charitable) purpose in the same manner as federal, state, and local governments operate for the benefit of the public; but, as the green arrow indicates, nonprofits are governed by the private citizens who populate their governing boards and are also the recipients of private money which must be used for the designated charitable (public) purpose. The special sauce is the conceptual basis for the tax benefits nonprofits enjoy – no income tax on any net income and the deductibility (to the donors) of the amounts they contribute.
If any readers are interested in learning more about the information on this slide, the course, or the textbook, please contact me at .
End of Year Compliance Event hosted by TANGO, NFP and the Connecticut Department of Labor.
TANGO is proud to announce that Frederick Jenoure, the Director of our Board Diversity Initiative, has been elected chairman of board of directors of Ascentria Care Alliance. With 60 locations throughout New England, they are one of the largest community service...