The potential effects of recently-passed federal tax reforms loom large on the minds of Michigan’s philanthropic leaders for 2018.
GRAND RAPIDS — The proposal by a small contingent of Evangelical Christian churches to allow tax-exempt organizations to campaign on behalf of political candidates has sent shock waves through the nonprofit industry.
The nonprofit community has a unique opportunity to engage individuals from both sides of the political aisle in meaningful conversations to find common ground. That was a key theme during a panel discussion as part of the 2017 MiBiz Best Managed Nonprofits Awards, held on Tuesday at the Goei Center in Grand Rapids.
GRAND RAPIDS — The growth of foundations and an unprecedented transfer of wealth are among trends the nonprofit sector will need to watch in the coming year.
As many nonprofits have started to prioritize succession planning, higher education institutions in Michigan are providing financial incentives to ensure those organizations have a pipeline of qualified leadership candidates.
With more limited resources compared to for-profit businesses but an equal need for talent, nonprofits must turn to other incentives for attracting and retaining qualified, passionate people.
Bolstered by stable growth and strong support from government agencies, Michigan nonprofits look ahead to forging new partnerships to address the state’s unique set of challenges.