nonprofits

Win-Win-Win Outcomes Possible with Social Impact Bonds

Release Date: 
11/15/2013

As Illinois moves into Budgeting for Results, officials are working to identify programs that improve outcomes while reducing costs, which can help the budget situation while making services more effective and efficient. Social impact bonds are a relatively new tool that can give investors and grantmakers new options for supporting activities with concrete results and real savings.

Rainbow House Feels the Pain of the Federal Shutdown

Release Date: 
10/21/2013

Illinois-based Rainbow House, which provides critical services to victims of domestic violence, was impacted hard by the shutdown of the federal government and continues to be impacted even after the shutdown was lifted. Kathleen Higgins, Executive Director of Rainbow House, answered a few questions via email to highlight the challenges created by the shutdown.

Getting Ready for the Affordable Care Act

Release Date: 
10/12/2013

Understanding the ways in which the Affordable Care Act (ACA)will affect small organizations and change the shape of the health care market isn't easy, especially with the large amount of misinformation that has been spread about the law. To help make the picture clearer, Donors Forum’s Chicago Grantmakers for Effective Organizations hosted a session on Small Organizations in the Wake of the Affordable Care Act.

Guest Post: The Search for the Next Leader of Donors Forum Moves Forward; Your Input Invited

Release Date: 
09/27/2013

Valerie S. Lies, Donors Forum's President and CEO, announced earlier this year that she will retire as of June 30, 2014. She has led Donors Forum since 1987. The Donors Forum Board of Directors is employing best practices for a thoughtful, careful, and smooth executive transition, and the search for the next leader of Donors Forum is underway. The Transition Committee is moving forward and a search firm has been selected. Here is an update on the process and an invitation to share your thoughts as we move forward.

Guest Post: Social Impact Bonds Offer an Innovative Approach to Addressing Social Challenges

Release Date: 
09/26/2013

On April 9, 2013, Governor Pat Quinn announced a social impact bond initiative in the State of Illinois. Social impact bonds (SIBs) are an innovative approach to funding social services through the collaboration of nonprofits, funders, and government. At the core of SIBs are pay-for-success contracts that permit programs with measurable, successful outcomes to grow and deliver services to more people while at the same time saving the government money. SIBs are not bonds in the traditional sense; rather, they are contractual obligations by the government to pay based on successful results from a program. How do they work?

A Big Step in the Right Direction: Topinka Launches Illinois Nonprofit Advisory Council to Tackle Fiscal Challenges Facing Charities

Release Date: 
07/24/2013

At a press conference on July 17, Illinois Comptroller Judy Baar Topinka announced the formation of the new Illinois Nonprofit Advisory Council, the first of its kind in the nation. The Council will meet regularly to address the severe and persistent fiscal challenges facing nonprofits due to delays in state payments.

Putting a Number to the ‘Universal Value’ of Volunteer Time

Release Date: 
04/05/2013

Independent Sector has released preliminary data on the value of U.S. volunteers' time. In Illinois, the hourly value of volunteer time was $23.19 in 2011, the most recent reporting period available. The figure is important because it attaches a universal value to the immense services of folks who are vital resources in our civic ecosystem.

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