Nonprofit Pharmaceutical Companies: Background, Challenges, and Policy Options

January 29, 2020

To address high drug prices and the challenges they create for access to drugs, organizations have been exploring and working to create nonprofit pharmaceutical companies. These nonprofit companies prioritize drug access and affordability in the United States as core components of their mission. In the current federal policy landscape, however, there are specific incentives for the operation of for-profit pharmaceutical companies that do not similarly benefit their nonprofit counterparts, as well as several other barriers to sustainability for nonprofit companies.

Spotlight

Taylor Bennett Foundation

Since 2008, Taylor Bennett has been seeking directly to address the need for greater diversity in the communications & PR industry. We have done this through the delivery of a 10 week communications and personal development training programme for black and minority ethnic graduates, specifically designed to strengthen their skills and provide them with industry relevant work experience.

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What Your Nonprofit Needs to Know About Software Subscription Fees

whitePaper | April 16, 2020

Online fundraising has revolutionized the giving landscape and created exciting new opportunities for nonprofits. Instead of direct mail and telephone fundraising, nonprofits are turning to advanced fundraising software that allows them to gain valuable insights about their supporters, streamline their fundraising campaigns, and massively expand their reach.

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Metrics for Mission Impact How Nonprofits Can Strengthen Outcomes through Quantitative Measures

whitePaper | March 25, 2020

In their seminal article, "Nonprofit Starvation Cycle", Ann Goggins Gregory and Dan Howard exhort nonprofit finance professionals to report to funders the real costs of running nonprofit organizations. The authors explain that the popular trend to restrict funding to specific programs without accounting for infrastructure expenses leads to an unintended consequence, a "nonprofit starvation cycle", where charities cease to function because they can't pay for overhead costs, such as administrative employees, computers and electric bills. To break this unhealthy cycle, the article encourages nonprofits to recalibrate funder expectations by providing accurate financial reports and other supporting information to reflect the true costs of nonprofit operations.

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Purposeful Collaboration is the Key to Drive Results

whitePaper | October 28, 2021

A recent survey sent to over 1,000 foundations and nonprofits showed that both stakeholders agree that collaboration is the key to tackling complex issues. However it also illuminated a lack of alignment around key outcomes of collaboration and the advantages it can offer. So how can we create an optimal approach to collaboration, reaping its potential benefits, if we aren’t all approaching partnerships with the same goals? Learn more about the findings of the survey in this new report from UpMetrics, and get your next steps to set your organization up for success with future collaborative efforts.

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2023 Top Risks for Nonprofits and Associations

whitePaper | February 2, 2023

A year ago, the phrase “the new normal,” was commonly used to describe expectations for 2022. This year, the word “normal” is largely absent. Nearly every risk report looking ahead to 2023 begins with a litany of disruptions and challenges organizations are facing: COVID-19 variants, inflation, higher interest rates, staffing shortages, cyberthreats, war in Ukraine, supply chain disruptions, increase in energy prices, political and social change, and more.

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Cloud Software Considerations for the Nonprofit CFO

whitePaper | March 31, 2020

In recent years, the cloud computing market has experienced a remarkable surge in growth, and it is transforming the way people communicate and do business. Gartner recently published data that shows that the worldwide public cloud services market is expected to grow from $209 billion in 2016 to $383 billion by 2020. Despite this global shift to the cloud, a number of concerns remain for firsttime cloud adopters, especially for those who manage applications with sensitive data. System security tops the list of concerns that also includes accessibility, reliability, total cost of ownership of cloud services, and applications.

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Grow Together 2023 Report: Building value for nonprofits in a digital economy

whitePaper | May 1, 2023

The second part of the annual Grow Together Report surveyed 120 decision makers in nonprofits in April 2023 to understand the current state of nonprofit organizations in Canada. The survey reveals that financial pressures for nonprofits have eased somewhat in the last 12 months, although organizations continue to struggle with rising costs and with securing skilled talent to help drive strategic initiatives, including digital transformation.

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Spotlight

Taylor Bennett Foundation

Since 2008, Taylor Bennett has been seeking directly to address the need for greater diversity in the communications & PR industry. We have done this through the delivery of a 10 week communications and personal development training programme for black and minority ethnic graduates, specifically designed to strengthen their skills and provide them with industry relevant work experience.

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