Stay informed of the week’s notable events and shared resources with this curated list of Nonprofit Tweets of the Week.
Notable Events of the Week:
- “America’s trade deficit in goods with the rest of the world rose to its highest level in history last year as the United States imported a record number of products, including from China, widening the deficit to $891.3 billion and delivering a setback to President Trump’s goal of narrowing that gap.” NY Times
- “Paul Manafort, the political consultant and Trump presidential campaign chairman whose lucrative work in Ukraine and ties to well-connected Russians made him a target of the special counsel, Robert S. Mueller III, was sentenced on Thursday to nearly four years in prison in the financial fraud case that left his grand lifestyle and power-broker reputation in ruins.” NY Times
- “Michael Cohen has claimed to the House Intelligence Committee that he discussed the subject of a pardon with President Trump’s attorney Jay Sekulow, bringing another of Trump’s representatives into an ongoing dispute over precisely who opened discussions about the matter. … If Trump’s representatives sought a bargain with Cohen to gain assurances not to cooperate with prosecutors, it would raise questions about whether the intent was to obstruct justice.” Washington Post
Top 10 Nonprofit Tweets:
- Nonprofit Times: Legislation to repeal #UBIT — that’s projected to hit the average #nonprofit at $12,000/year — has been introduced in both the House and Senate, by both Republicans & Democrats – Nonprofit Times
- Jeffrey Bradach: A looming huge issue we ignore at the sector’s peril. BIG drop in small and medium sized individual giving—lifeblood of so many nonprofits. Incentives to give ought encourage all people, not just wealthy. #universaldeduction [Ed. In response to a tweet from Dan Cardinali: These are the early warning signs of a bigger impact of the recent tax law…nonprofits will only feel more pain unless we have the political will to tell congress! Giving Did Not Keep Up With Inflation in 2018, Study Says]
- Independent Sector: For the latest installment of our series highlighting each of our 33 Principles, Debra from our team underscores the responsibility of board members to establish and enforce policies that protect their nonprofit’s financial assets. #npethics Principle 22: Keeping Their Minds on the Money
- Spectrum Nonprofit Services: What ratios should a board member monitor to better know the state of their organization’s finances? There are a lot but here are some to know see the warning signs. Check out our updated post: Understanding Financial Health of Nonprofit Organizations
- Jenny Chandler: What are 3 common problems that are red flags for the IRS on #nonprofits’ 990s? https://buff.ly/2BVCq1h via @NatlCouncilNPs
- Stanford Social Innovation Review: “We have reached a moment when #foundations must face the ways they may be reinforcing inequality.” — @SkollFoundation’s Brittany Boettcher and @kkellyjanus share advice on addressing #philanthropy’s failure to hire or fund people of color: http://ow.ly/fe4C30nWO7q
- Nonprofit Quarterly: Trending in Economy: Envisioning a Not-for-Profit World for a Sustainable Future
- Haas, Jr. Fund: The nonprofit sector must make real changes to ensure a fair and supportive workplace environment for all workers, particularly for women of color. Race to Lead
- Ways and Means Committee: Major U.S. corporations are paying $0 in federal income tax this year. Why? The #GOPTaxLaw “is making it even easier for profitable corporations to reduce what they owe the government.” Details: Some of America’s biggest companies paid little to no federal income tax in 2018
- Lawyers’ Committee for Civil Rights: 📌BREAKING: We’ve won in our lawsuit against the Trump administration over the addition of a discriminatory citizenship question on the #2020Census that will impact participation, likely effecting communities of color. Now, the fight heads to the #SCOTUS.