Showing posts with label charity. Show all posts
Showing posts with label charity. Show all posts

Friday, 16 January 2009

public mindset - the spirit of charity

http://www.servcorp.net/aboutus/community-service.html

Joan Salter Fund (JSF)


Servcorp actively raises money for the Joan Salter Fund, a charity that helps young people suffering from cancer or debilitating diseases such as multiple sclerosis. The Rotary Club of Sydney, Australia, of which Joan Salter was a committed member, administers the JSF on Servcorp's behalf.

Joan Salter worked as Servcorp's International General Manager between 1985 and 1996. She was a vibrant, successful businesswoman, and instrumental in Servcorp's development. Joan passed away as a result of cancer at the young age of 46.
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http://www.servcorp.net/aboutus/servcorp-history.html
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1999 - Publicly listed on the Australian Stock Exchange (SRV)
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After a successful career in Banking and Real Estate, Mr AG Moufarrige decided to direct his entrepreneurial skills into his own venture.

As with any new business, he need an office, receptionist and secretarial support. He quickly realized that these costs were eating into his profits and that he was unable to keep this staff busy 100% of the time. He decided to investigate sharing space, sharing a receptionist, sharing a secretary - sharing the costs to reduce his overheads.

He first looked into shared space in Sydney back in 1976, but discovered that none existed.

This experience provided the seeds of the smart Servcorp business model.
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The concept was simple and he explained wherever he went – all he required to explain it was the back of an envelope! It was that simple!

The concept behind “Why Servcorp works” has not changed to this day.
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We have chosen the best buildings with the best views, situated in the most dynamic cities in the world.

For our clients, Servcorp translates into the convenience of up to date corporate infrastructure backed by a professional office support team - all for the lowest possible cost. ... we can have you completely up and running within as little as 24 hours.

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Saturday, 3 January 2009

Charitable Organizations Overview

http://www.hoovers.com/industry/charitable-organizations/--HICID__1084--/free-ind-factsheet.xhtml
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http://www.hoovers.com/nonprofit-institutions/--ID__92--/free-ind-fr-profile-basic.xhtml
Industry Overview:

Nonprofit Institutions

Industry Overview

... Although technically distinct, the terms "nonprofit," "tax-exempt," and "charitable" are often used interchangeably. Nonprofits are sometimes referred to as "501(c)" entities, after the section of the Internal Revenue Code that defines their tax status. The IRS recognizes over 740,000 charities, and adds 30,000 new ones each year.

Competitive Landscape

Organizations receive nonprofit status because their primary purpose is charitable, educational or civic in nature. The success of nonprofits often depends on efficient operations, to be able to match expenses with a changeable level of revenue. Large nonprofits are advantaged in fundraising due to better name recognition. Small nonprofits can be successful if they serve a dedicated membership or have a dependable source of revenue.

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Other types of nonprofit organizations include ... social service groups (YMCA, Salvation Army, Goodwill Industries); professional organizations (National Association of Women Judges); business associations (The Conference Board); labor unions; political associations; social advocacy groups; and grantmaking organizations.

Grantmaking organizations (also called charitable foundations) are special types of nonprofits that give money to other nonprofits. About 12,000 of these organizations, with annual revenue of $50 billion (largely from investments), actively seek to give money away through grants by soliciting Requests for Proposals (RFPs) from potential recipients. Examples are the Ford Foundation and the Howard Hughes Medical Institute. Foundations have over $300 billion in assets. The largest 100 foundations account for 40 percent of all assets and 30 percent of all grants.

The specific operations of nonprofits are defined by the types of programs they run, but these typically are labor-intensive. Staff may include both paid workers and volunteers.
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