Not-for-Profit Sector: Complex. Influential. Impactful.
From addressing the most complex issues of our time to helping the neediest citizens to preserving valued cultural works to shaping policy, the Not-For-Profit sector represents an enormous range of program types that reflect an immense spectrum of social priorities, a demanding regulatory environment that is ever-growing and funding streams that are as complex and varied as those of Fortune 500s.
Balancing Mission With Business Orientation
With close to two million not-for-profits in the Nation, the sector is one of the most important, influential and complex. The scope and economic impact of the sector rivals every for-profit sector in the Nation.
Planning for and navigating the complicated challenges and opportunities of not-for-profits, requires extensive expertise and knowledge and rigorous monitoring of issues. Balancing a business orientation with a mission-driven charge is a significant and on-going challenge, particularly against a backdrop of unprecedented issues:
- Accountability and Transparency
- Diversification of Funding Sources
- Succession Planning/Leadership
- Migrating to a Business Culture/Complexity of Business
- Mergers and Acquisitions
- Board Responsibilities / Composition of Board
- Understanding of industry-specific risks
Understand Industry-Specific Risk
Understanding the unique funding sources, regulatory environment, risk areas and reporting requirements takes extensive expertise and knowledge. Loeb & Troper has played a leading role in addressing and monitoring issues that affect not-for-profit organizations is widely acknowledged as a thought leader in the not-for-profit industry. Loeb & Troper is proud to include nearly 1,000 not-for- profit clients in its roster.
Not-for-Profit Entities Served:
- Social services
- Health care