HOT TOPIC

CSO/NGO/NOT-FOR-PROFITS


» Context

Looking at the effective use of physical plant, people and governance systems and internal controls, should we expect increased merger activity in the third sector? What does CSO mean anyway?

» In the News [please contact us for further archival references]
11Nov07 NYT National Report: Charities Trying Mergers to Improve Bottom Line
Noting that donors are becoming more like investors and expecting a greater return on their nonprofit investments, yet with all of the natural tensions of a private sector merger but none of the incentives for individuals to walk away with bags of cash…. and mergers take time.
01July07 Help Wanted: CEO of the Smithsonian – a Bird Watcher who can Smooze
A review of the need for increased transparency, accountability and governance skills of a CEO, and of a governance committee at the Smithsonian tasked with reevaluation of the board structure around concerns of independence and fiduciary duties.
15May07 Red Cross: 125-year old Agency Transformed. Enhanced Governance, further to 2006 report, including:
• Downsizing 50 member board to 25 members by 2009, and 20 by 2012
• Creation of a Red Cross Cabinet Advisory Council
» Briefing Notes - © The Governance Counsel™ (2007)

[Governance Literacy: see civil society organization.]