Keeping a close eye on contract allowances

In construction, and life, uncertainty leads to conflict. When two separate parties are unsure about something, they could very well reach two different conclusions and end up at odds. So it goes on many construction projects — especially homebuilding jobs — when contract allowances are involved. So if your business deals with contract allowances regularly, […]

How to execute a capital campaign

When your nonprofit desperately needs a new facility, costly equipment or an endowment, a capital campaign can be the best way to raise funds. But to be successful, a campaign requires strong leadership, extensive planning and dedicated participants. Leading the troops Capital campaigns generally are long-term projects — often lasting three or more years —and […]

Judge issues injunction against new overtime rule

In recent months, we have written to you about the new overtime rule and how it could impact construction firms and nonprofit organizations. The new regulations under the Fair Labor Standards Act were set to take effect on December 1. Implementation of the new overtime rule has now been delayed by order of a federal judge. Specific […]

How the new overtime rule will affect the construction industry

This past May, the Department of Labor (DOL) released a final rule that dramatically alters how employers across the country will approach overtime pay. And the construction industry stands to be heavily affected by the changes. Like many contractors, you may have project managers, estimators and other salaried employees who are currently exempt from receiving […]

What really motivates donors: New research suggests some surprising answers

What do charitable donors want? The classic answer is: Go ask each one individually. However, recent research provides some insight into donor motivation that can help your nonprofit grow its financial support. Taxing matters The biennial U.S. Trust® Study of High Net Worth Philanthropy, conducted in partnership with the Indiana University Lilly Family School of […]