Setting wages and salaries, collaborating or “making deals” with other organizations through outsourcing, and so on are in reality, whether openly recognized or not, heavily subject to economic influences. Nonetheless, the special nature of community or nonprofit organizations does not remove them from having to deal with economic issues. However, this publication does also clearly identify the special nature of nonprofit organizations, in particular the importance of their mission, the values that underpin their operation, and their genesis “outside” the usual economic sphere. The sector has tended to focus on what makes it different from the business or government sectors, rather than confronting areas where decisions are subject to similar influences. This book is directed at filling a critical space in the nonprofit literature, with its focus on economic decision-making within nonprofit organizations.
As well as editing the volume, Dennis Young provides an introduction and a final chapter setting out seven key insights of effective nonprofit economic decision-making drawn from the preceding discussions. The task force reports, which were revised following the conference discussions, form the basis for the core eight chapters. Each chapter is based on the work of a task force that deliberated before the NCNE inaugural conference in January 2002. The book covers eight areas relating to economic decision-making: pricing, employee compensation, outsourcing, fundraising costs, investment and expenditure, commercial ventures, institutional collaboration, and Internet commerce. This book is the first publication of the center, which aims to help managers and leaders of nonprofit organizations by “offering current and relevant knowledge on critical economic and business decision-making issues.”
$34.95 (paper)ĭennis Young, editor of Effective Economic Decision-making by Nonprofit Organizations, is founding CEO of the National Center on Nonprofit Enterprise (NCNE). National Center on Nonprofit Enterprise and the Foundation Center / 228 pp. Of Not-for-Profit Law Volume 7, Issue 1, November 2004 Edited by Dennis R.
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