Word: budgeting
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...Tony's personal crises--getting older, trying to break his family's cycle of dysfunction--mirror his business problem: figuring out who will lead the Mob family after him. Consigliere Silvio (Steven Van Zandt) proved unsuited to lead; protégé Christopher (Michael Imperioli) is off making his low-budget Mafia-slasher movie, with a pseudo-Tony played by Daniel Baldwin. ("Imitation's a form of flattery," Tony says with a shrug. "He's a tough prick, that Baldwin...
That is just what Beth Shaw, 41, did. The owner of a $4 million company that trains yoga fitness instructors worldwide, Shaw used her knowledge of the market to launch Visionary Women in Fitness, which provides scholarships to underprivileged women so they can train to become instructors. With a budget of just $30,000, the nonprofit, based in Hermosa Beach, Calif., is able to help 15 to 20 women a year learn a skill that can get them an entry-level...
...check. Instead, they took $30,000 of their own money and started a nonprofit called Hope for the City. The organization collects corporate overstock and distributes it to nonprofits in the Twin Cities, nationwide, and internationally to 26 developing countries. Today the nonprofit has a $900,000 operating budget and a 25,000-sq.-ft. warehouse to store the donated items and has distributed nearly $380 million of in-kind merchandise since its inception. "This makes us feel like we're a part of something a lot bigger than just the two of us," says Dennis...
...attorney experienced with nonprofits to handle statewide and federal applications is key. The 501(c)(3) designation comes from the IRS, and nonprofits are expected to provide the government with such information as a mission statement, an idea of who will be assisted and by what methods, anticipated budget and board of directors, says Andrew Grumet, a lawyer representing nonprofits with the Manhattan firm Herrick, Feinstein, LLP. Accountants familiar with nonprofits can advise on how much of an investment can be made without affecting personal wealth. But even with the best of intentions, nonprofits have a high failure rate: only...
...right things in a most seductive manner. Despite his talk of small government and fiscal responsibility, the federal bureaucracy and the national debt both grew tremendously under his guidance. Politicians say whatever the audience wants to hear, even if their words are completely divorced from reality. Whether discussing budget forecasts, civil liberties, the environment or reasons for war and the readiness of troops, they are just uttering patriotic-sounding lies. Rodney Hoffman, LOS ANGELES...