skip to main content
skip to newscasts

Thursday, March 28, 2024

Public News Service Logo
facebook instagram linkedin reddit youtube twitter
view newscast page
play newscast audioPlay

Pulling back the curtains on wage-theft enforcement in MN; Trump's latest attack is on RFK, Jr; NM LGBTQ+ equality group endorses 2024 'Rock Star' candidates; Michigan's youth justice reforms: Expanded diversion, no fees.

view newscast page
play newscast audioPlay

Transportation Secretary Pete Buttigieg says rebuilding Baltimore's Key Bridge will be challenging and expensive. An Alabama Democrat flips a state legislature seat and former Connecticut senator Joe Lieberman dies at 82.

view newscast page
play newscast audioPlay

Historic wildfires could create housing and health issues for rural Texans, a Kentucky program helps prison parolees start a new life, and descendants of Nicodemus, Kansas celebrate the Black settlers who journeyed across the 1870s plains seeking self-governance.

NC Nonprofits Prepare for Baby Boomer Leaders' Retirement

play audio
Play

Tuesday, September 10, 2013   

WINSTON-SALEM, N.C. - Now that the economy is improving and 401(k) plans are recovering, Baby Boomers are looking to retire - including those who work for the hundreds of nonprofit organizations in North Carolina. The issue is prompting a statewide initiative to help those organizations plan for changes in leadership.

Peter Laroche, president and CEO of Financial Pathways of the Piedmont, has no immediate plans to step down, but nonetheless he began working with his staff and board last year to make sure a plan was in place.

"Anything can happen, and the organization needs to have at least some vision of how they would transition," he said. "I want to see the mission continue to be fulfilled."

Recently, Financial Pathways did have to implement part of their "executive succession" plan when a key leader had to step down for medical reasons.

The N.C. Center for Nonprofits is offering help to organizations in the state so they can plan for changes in staff. According to CompassPoint Nonprofit Services, two-thirds of nonprofit executive directors plan to retire or leave in the next five years.

Vice president Trisha Lester of the N.C. Center for Nonprofits said many organizations that will be affected are filling the gaps where state and federal programs cannot act.

"Society is leaning more heavily on nonprofits, so it's all the more important that we have strong leadership in place and the ability for nonprofits to keep moving without missing a beat," she declared.

Lester also said that by offering to help nonprofits plan for things like retirement or medical emergencies, her group removes the burden of what can be a delicate conversation.

"It's also a little sensitive because if an executive director brings it up, the board thinks, 'Omigosh, she's leaving.' And then oftentimes if a board brings it up, the executive director/CEO may think, 'Oh my goodness, are they not pleased with my performance?'"

This issue and others will be discussed at the North Carolina Center for Nonprofits statewide conference taking place in Concord September 19 and 20.

Details on the conference are at NCNonprofits.org.




get more stories like this via email

more stories
A report from the Tennessee HealthCare Campaign recommended the federal government needs to strengthen 340B drug pricing and other federal negotiation mechanisms to make needed medicines more readily available and less expensive for hospitals to purchase and administer. (Spotmatikphoto/AdobeStock)

Health and Wellness

play sound

A recent report examined how some rural Tennessee hospitals have managed to stay afloat despite financial challenges. The report includes interviews …


Social Issues

play sound

Earlier this month, a new Arizona Public Service rate hike went into effect and one senior advocacy group said those on a fixed income may struggle …

Social Issues

play sound

Michigan recently implemented a significant juvenile justice reform package following recommendations from a task force made up of prosecutors…


Nearly 13 million Americans receive health coverage through unique plans under both Medicare and Medicaid. They are known as Dual-Eligible Special Needs Plans. (Adobe Stock)

Health and Wellness

play sound

Medicare and Medicaid are key sources of health coverage for many Americans and some people qualify for assistance under both programs. With lagging …

Social Issues

play sound

A mix of policy updates and staffing boosts has helped to put wage theft enforcement on the radar in Minnesota, and officials leading the efforts are …

More than six in 10 Americans favor keeping the abortion pill mifepristone available in the U.S. as a prescription drug, while over a third are opposed, according to a Gallup poll. (Adobe Stock)

Social Issues

play sound

New research shows more than six in 10 abortions in the U.S. last year were medically induced, and U.S. Sen. Catherine Cortez Masto - D-NV - is …

Social Issues

play sound

Colorado is working to boost the state's agricultural communities by getting more fresh, nutritious foods into school cafeterias - and a new online …

Social Issues

play sound

Missouri lawmakers are concerned with protecting people from the potential risks of the increasing accessibility of AI-generated images and videos…

 

Phone: 303.448.9105 Toll Free: 888.891.9416 Fax: 208.247.1830 Your trusted member- and audience-supported news source since 1996 Copyright © 2021