Strategic Planning for Profit and Non-Profit Organizations
Strategic Planning for Profit and Non-Profit Organizations
Name
School
Table of Contents
Abstract 3
Introduction 4
Discussion 4
Role of government in regulation of non-profit fundraising 4
Demanding of disclosure statements 4
Provision of more funding 5
Appointment of external auditors 5
Role of states in regulating non-profit fundraising 6
Sarbanes-Oxley-type legislation in non-profit fundraising 8
Importance of Sarbanes-Oxley type legislation 8
Operation of the legislation 9
Values that should guide politicians when setting up regulatory systems 10
Integrity 10
Professionalism 11
Accountability 12
Effects of stronger regulation of non-profit organizations 13
Increased accountability by managers and directors 13
Effective management of collected funds 14
Increased public confidence 15
Increase in number of donors 17
Conclusion 17
References 19
Abstract The government has a role to play in regulation of non-profit organizations at both federal and state levels. This will facilitate effective management of these organizations to deal with social problems in the United States. External independent auditors should be appointed to check on the activities that take place in these organizations. In addition, the government should make it a requirement that these organizations should be run by people with adequate knowledge in finance. Sarbanes-Oxley type legislation is important in regulation of non-profit organizations to facilitate reforms. This is because there are major problems that have been experienced in the non-profit sector of the United States especially misappropriation of funds. Government intervention is inevitable if the non-profit sector in the United States is to regain its prominence.
Introduction
Non-profit organizations have been established to carry out educational, charitable and civic responsibilities.
Name
School
Table of Contents
Abstract 3
Introduction 4
Discussion 4
Role of government in regulation of non-profit fundraising 4
Demanding of disclosure statements 4
Provision of more funding 5
Appointment of external auditors 5
Role of states in regulating non-profit fundraising 6
Sarbanes-Oxley-type legislation in non-profit fundraising 8
Importance of Sarbanes-Oxley type legislation 8
Operation of the legislation 9
Values that should guide politicians when setting up regulatory systems 10
Integrity 10
Professionalism 11
Accountability 12
Effects of stronger regulation of non-profit organizations 13
Increased accountability by managers and directors 13
Effective management of collected funds 14
Increased public confidence 15
Increase in number of donors 17
Conclusion 17
References 19
Abstract The government has a role to play in regulation of non-profit organizations at both federal and state levels. This will facilitate effective management of these organizations to deal with social problems in the United States. External independent auditors should be appointed to check on the activities that take place in these organizations. In addition, the government should make it a requirement that these organizations should be run by people with adequate knowledge in finance. Sarbanes-Oxley type legislation is important in regulation of non-profit organizations to facilitate reforms. This is because there are major problems that have been experienced in the non-profit sector of the United States especially misappropriation of funds. Government intervention is inevitable if the non-profit sector in the United States is to regain its prominence.
Introduction
Non-profit organizations have been established to carry out educational, charitable and civic responsibilities.
References: Abbort, F., & Beardsley, L. (2012, April 27). Sarbanes-Oxley and Changing Nonprofit Accountability. Retrieved from http://www.fablaw.com/publications/sarbanes-oxley-and-changing-nonprofit-accountability.html Allhoff, F., & Vaidya, A Blythe, J. ( 2006). Principles & Practice of Marketing. New York: Cengage Learning EMEA. Chomsky, N., & Herman, E. S. ( 2010). Manufacturing Consent: The Political Economy of the Mass Media. New York: Random House. Cook, J. D., Harwood, P., Pollock, W. H., Harris, F., & Hodge, H. (2006). The Saturday Review of Politics, Literature, Science and Art, Volume 122. Lancashire: J. W. Parker and Son. Gaby, P. V., & Gaby, D. M. (2009). Nonprofit organization handbook: a guide to fund raising, grants. New York: Prentice-Hall. Humphrey, J. (2012, April 27). Non Profit Organizations. Retrieved from http://www.justia.com/business-formation/non-profit-organizations/ Ifes, S Ignatieff, M. (2005). American Exceptionalism And Human Rights. New Jersey : Princeton University Press. Landskroner, R. A. (2001). The Nonprofit Manager 's Resource Directory. San Francisco: John Wiley & Sons. Lindahl, W. E. ( 2009). Principles of Fundraising: Theory and Practice. Sudbury: Jones & Bartlett Learning. Massaro, T. ( 2007). United States Welfare Policy: A Catholic Response. Washington: Georgetown University Press. National Council of Nonprofits . (2012). Laws that Regulate Fundraising. Retrieved April 26, 2012, from http://www.councilofnonprofits.org/resources/resources-topic/fundraising/laws-regulate-fundraising Powell, W Urban Institute. (2001). Building Capacity in Nonprofit Organizations. Washington: Urban Institute. Young, D. R. (2007). Accountability the key to keeping the nonprofit sector on course. Retrieved April 27, 2012, from http://www.charityvillage.com/cv/research/rstew2.html