...with our outings and helped in any way she could when it was just Kaitlyn and I. Sheila gets me once a week as she is a Dental Hygienist and is very busy. Sheila now cleans my teeth. She gets me on Tuesday or Wednesday, in which we go eat, swim when weather permits, go to her house and bake cookies, go shopping, helping me homework, and always there if I need to talk. We have went to a Colts game, which was upsetting due to they lost; yet fun because I got to go, we have went to the community Christmas Party together for Big Brothers/Big Sisters. I spend Christmas with their family every year where we exchange gifts, which is exciting because one don’t know what to expect, and I get to be a part of other functions with their family. Sheila took me shopping so I could get a new dress as I attended Kaitlyn’s wedding with her. It was a beautiful wedding and I had a lot of fun with both Kaitlyn and Sheila. Kaitlyn made a beautiful bride for this special day. Kaitlyn and Sheila has been there for me in many ways to help me. They are ones I look up to in a positive way. I know if I ever need someone to talk to or need anything they are there for me day or night. In conclusion, Big Brothers/Big Sisters has made an outstanding impact on my life. Without this program I would have never met these two wonderful ladies who devoted their time to help me in a positive way. I feel this program is a great opportunity to meet people in a positive way and to provide a mentor for younger...
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...Big Brothers Big Sister (BBBS) is a volunteer organization that helps change children’s perspectives and gives them the opportunity to reach their full potential. For more than 100 years, BBBS has worked under the belief that every child has the ability to thrive in life. As the nation’s largest donor and volunteer supported mentoring network, Big Brothers Big Sisters makes meaningful, monitored matches between adult volunteers (“Bigs”) and children (“Littles”), ages 6 through 18, in communities across the country. To this day, the organization operates in all 50 states and in 12 countries around the world. The mission of this program is to provide children facing adversity with strong, professionally supported one-to-one relationships that...
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...Carly Seifrit Pamela Chambers Interrogation March 31, 2015 Big Brothers Big Sisters of America There are so many people in this country who do not grow up living “the American dream”. There are children that have to go through foster cares, child protective services and, unfortunately, then most of those children will end up wreaking havoc in their communities. Some fortunate ones to grow up with the white picket fence and the perfect childhood will grow up to be sponsors for some of the unfortunate children in America. Those sponsors will show children that they do have a purpose and they have the ability to live the American dream, if they so choose. Although the American dream has changed over the years these mentors are a saving grace for these adolescence to turn their lives around. For over 100 years there has been a very influential mentoring program. The Big Brothers Big Sisters of America has been helping change kids’ perspectives and giving them the opportunities to reach their potential. In 1904, a young New York City court clerk named Ernest Coulter was seeing an abundance of boys come through his courtroom. He recognized that caring adults could help many of these kids stay out of trouble, and he set out to find volunteers. That marked the beginning of the Big Brothers movement. Around the same time that Coulter was introducing the Big Brother movement, the members of a group called Ladies of Charity had the same concept only with young girls who had come...
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...Profit vs. Non Profit Healthcare Organizations Prepared By: Milton Flores Table of Contents I. Introduction……………………………………………………………………………………………………………………………………3 II. Definition of Non Profit Health Care Organization………………………………………………………………………….4 III. Definition of Profit Health Care Organization…………………………………………………………………………………4 IV. Issues facing Non Profit and Profit Health Care Organizations……………………………………………………….5 V. Options to improve operations……………………………………………………………………………………………………….6 I. Introduction The debate on whether all healthcare institution should be non-profit rises many issues and they have been heavily debated. The best way to examine this to analyze if non-profit hospitals are in fact better that for profit hospitals and whether there is enough evidence data to support policies dictating ownership. Hospitals in the United States are the largest health care organization in this country. Private hospitals may either be classified as non-profit or for-profit institutions. The majority of the hospitals within the United States are non-profit. The main difference between non-profit and for-profit hospitals is the regulatory rules. Non-profit hospitals are not required to pay property, sales, or income tax. The reason that non-profit hospitals and other organizations were established was with the intention of servicing the needs of the poor. This is the reason that not-for-profit health care and hospitals are exempt from taxes, it was due to the...
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...Hospitals around the United States Hospitals were not always large, nor did they have the technology that is used in today’s time. Hospitals did not exist until around 1736, in which they were referred to as almshouses (Hospitals, 2013). Almshouses were first founded in New York and could treat up to 6 or 7 patients at one time (Hospitals, 2013). After the New York almshouse was successful, new hospitals started to appear all over the United States. The US now has around 5,000 community hospitals that facilitate to people in need of medical attention (American Hospital Association, 2014). The 5,000 hospitals are broken down into for-profit, not-for-profit, and governmental organizations. All of the hospitals have the common goal of quality care for patients but have a different financial structure. For-profit, nor-for-profit, and governmental agencies are the types of organizations that make up the health care system. For-profit hospitals make up a little over a 1,000 of the community hospitals around the United States (American Hospital Association, 2014). For-Profit hospitals are usually owned by a private or public investor. The profits that the hospitals make go to pay expenses, salaries, and also the shareholders. For-profit organizations have to give some of the profits to the shareholders in order for the company to remain viable within the market. For-profit hospitals have higher cost of health care services than other hospitals or organizations (Horwitz, 2013)...
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... | BUSINESS IN THE ECONOMY To understand how a business affects the economy we must first understand the meaning of what a business is by definition. A business is “an organization or enterprising entity engaged in commercial, industrial or professional activities”. (Investopedia, 2013) A business or firm produces the products or services that consumers need, want, or desire. Most businesses or firms operate for profits, which is “the financial reward that comes from starting and running a business”. (Kelly & McGowen, 2012) When a business is not making a profit they are operating at a loss. This could be due to the amount of funds that a business or firm must cover such as their expenses to produce products or services. If the business or firms expenses are more than the profits, then business or firm is operating at a loss. If a business is running at a loss it could be due to key economical dimensions such as the economical environment, competitive environment, technology environment, social environment, or global environment. How a business or firm deals with these key economical dimensions can make or break them. If the economy is in any way in a fiscal crisis, many consumers can be unemployed or saving their earnings for harder times to come. With the...
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...I. What is a Non-Profit Organization? A. The basic definition of a non-profit organization is not established for the purpose of making a profit; not entered into for money: a non-profit organization (dictionary.com). In a society where everything costs, how can it be that an organization can exist that is not established for the purpose of making a profit? What is their purpose? By answering these questions, one will gain an understanding of what a non-profit organization is as well as the history of how non-profit organizations came into existence. B. Digging a little deeper, the premise of a non-profit organization is that a non-profit organization is an organization which exists for educational and charitable reasons, and from which its shareholders or trustees do not benefit financially from. Any money earned must be retained by the organization, and used for its own expenses, operations, and programs. Many non-profit organizations also seek tax exempt status, and may also be exempt from local taxes including sales taxes or property taxes. (investorwords.com). Bottom line, their purpose of existence is for the greater good of the community by the services they offer. A few well-known non-profit organizations are Kaiser Permanente, Easter Seals, Habitat for Humanity, the Red Cross, and United Way. Although many of the aforementioned organizations have a different look and feel, they all share the same unique key characteristics of a non-profit organization. C. Some of...
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...the roles of for-profit and non-profit organizations in the economy and discusses the impact of current fiscal and monetary policies on the economy. Also, it outlines a strategy to access global markets. Finally, it discusses the impact of a company’s level of social responsibility on a stakeholder. The Role of Business Businesses are the engine of the economy. Businesses rely on the factors of production, which include four fundamental resources; natural resources, capital, human resources, and entrepreneurship (Kelly & McGowen, 2010). There are five key dimensions that will help determine if the economy will worsen or prosper. These five dimensions include the following environment: technological, competitive, global, social, and economical. For Profit and Non-Profit Organizations Comparison There are many similarities of for profit and non-profit organizations. Both types of organizations provide products or perform services, employ staff, and receive revenue. These organizations also contribute the region’s economic growth and stability (Kelly & McGowen, 2010). Contrast There are significant differences between for profit and non-profit organizations. For profit organizations simply provide products or perform services strictly for financial gain while non-profit organizations do it to contribute to the community. Non-profit organizations normally receive their revenue from contributions or donations while for profit organizations receive their revenue...
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...Four Ways to Legally Organize Your American Church or Ministry By Dr. Roger Sapp We recognize that some of you on our email list are not in America but perhaps you could send this information to your American Christian friends. We promise not to send out too many things that only speak to the American church. According to the IRS Publication entitled Tax Guide for Churches and Religious Organizations, there are at least four different ways to organize a legal ministry or church. All four forms of organization are legal and all four can receive completely tax-deductible gifts from donors and offer completely legal receipts for those gifts. The donors to all four kinds of organization are able to take the donations off their taxes without fear if it was a genuine donation and no services or items of value were received in exchange. Here is a quote from page 2 from the IRS Tax Guide for Churches and Religious Organizations: Churches and religious organizations may be legally organized in a variety of ways under state law, such as unincorporated associations, nonprofit corporations, corporations sole, and charitable trusts. These are the four kinds of organizations that the IRS describes as being appropriate for a Christian group that is receiving donations: 1. The unincorporated association 2. The non-profit corporation 3. The corporation sole 4. The charitable trust It is our purpose in this article to give a little information about the strengths and weaknesses of each of these...
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...2012 ABSTRACT This paper is going to describe the business environment in the world today explaining the role of business in the economy, for-profit and non-profit organizations, fiscal and monetary policies, accessing the global market, and social responsibility to a stakeholder group. Although there are many different types of businesses in the world today, they all hold the same functions in the economy; to use the factors or production in the best possible way to reach a certain market supplying goods and services to an economy in search of profit. I used the Business 100 book along with credited sources to get information for this paper. My methods for finding information came from chapters one through four in the Business 100 book and searching key words on the internet. I concluded that the role of business in the economy is very important to how an economy progresses or declines. Business does this by operating by fiscal and monetary policy in the country and accessing global markets in search of new outlets worldwide all while pleasing the stakeholders in every category. Inside every economy there are factors that participate in how that economy succeeds or fails. Business is one factor that plays a major role in any economy. Without business there essentially is no economy. Whether it is for profit or non-profit, business can contribute to an economy’s development with the factors of production, adapting to fiscal and monetary policy, accessing global markets...
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...the way we live and the choices we make in our lives. It is important for us to understand the basics of business if in the event we want to understand our economy and how it affects our own bottom line (our pocketbooks). More importantly, it is necessary to know the factors that play a role in the success of the economy, some of which are uncontrollable. The success of a business adds to the overall well-being of the economy and we all benefit in the end. When the economy is doing well, we have more money to spend which allows a continuous cash flow cycle and a plentiful money supply. Both businesses and non-profits have a social responsibility to contribute back to society and during a time of need or an economic contraction, our government also assists in the supply and demand of money through fiscal and monetary policy. There are many ways/opportunities to maintain a successful business and that includes knowing and staying ahead of a competition, evaluating the economy and tapping into global markets to allow for more innovation and lower risks. Business defined is any activity providing goods and services in an effort to produce a profit. A profit is the financial gain or reward of a business after expenses. We used to think of a business as a physical entity but it is now an activity. Business can be categorized in two ways: Profit and Non-Profit. In a profit organization, the ultimate goal is to create profit for the owners. The primary focus in a non-profit organization...
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...to at least 9.2 billion by the year 2050” (Leisinger, 2007). Giving to non-profit organizations not only helps United States citizens, but people all over the world. Without individuals, large corporations, and small businesses donating to nonprofit organizations the poverty population will only increase. What is a Small Business? “To be considered a small business on average the company has to have no more than 500 employees, and the most any small business can have is 1,500 employees (U. S. Small Business Administration, 2014).” When people think about small businesses, they think of the mom and pop stores within their community. However, small businesses are the majority of whom customers give their business. “According to the United States Small Business Administration’s (SBA) Office of Advocacy, 99.7 percent of all U.S. firms are small businesses (Cooper, 2012).” What is a Nonprofit Organization? A non-profit organization is an organization whose efforts are driven to generate a profit for a chosen cause. Non-profit organizations can be classified into five central categories: trade associations, charitable organizations, social clubs, government groups, and political groups” (Starting a Non-Profit Organization). How much is Donated to Nonprofit Organizations Annually? A study done in the year 2013 reveals that approximately 316.23 billion dollars were donated to nonprofit organizations. Corporations were only six percent of that 316.23 billion dollars. FIGURE...
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...services that people need and enjoy, but provide jobs, innovations throughout society, and allows taxes for government and state projects. Entrepreneurs are a driving force behind businesses. People who risk their time, money, and other resources to start and manage a business are Entrepreneurs. Entrepreneurs have the ability to effect and enrich everyone around them when they have a successful business. For profit businesses and a non-profit organization often work with each other to improve the quality of our life in our society. A non-profit is a business like establishment, but its primary goal does not include profit, where in, a for profit businesses primary goal is for profit. A non-profit is not in the business of making financial gain. All extra money that is made by a non-profit is given to whatever museums, schools, theaters, or venture they are involved in. Though a businesses goal is to make money they do bring a variable amount of growth to our society. Non-profit businesses contribute in significant ways to a regions economic stability and growth. “Non-profits employ about one in ten workers, accounting for more paid workers than the entire construction industry, and more than the finance, insurance, and real-estate sectors combined.” according to Suzanne Perry. The fiscal and monetary policies play major role in our current economy. While fiscal policy refers to...
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...Dear Mr. Wilson, I have been working for this company for many years now and I believe that, when we are choosing the non-profit organization to support, we should be choosing carefully and strategically. I have researched and studied many non-profit organizations to choose this year and I believe there is one that stands out to me the most for very many reasons. Our company should be choosing a non-profit organization that is very successful in what they do, which is helping the less fortunate to live a better life. In my opinion, United Way has been very successful and is a very deserving organization that our company should be supporting. United Way helps out the community in many ways, such as helping the children achieve their potential, promoting financial stability and independence and they are improving people’s health all over the world. They believe it takes everyone in the community working together to create a bright future, and shouldn’t everyone believe in this message to make this work? If our company supports this organization, it will send the message to our community and we will be a part of this big movement. Don’t you want to look back and say that you were part of something great, which impacted the whole world in a positive way? In order for this to happen, we must first start by choosing the right organization to support. I hope you will take this into your consideration and make the right choice. Regards, Shilugei...
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...Comparative Summary Of Financial Environment Liliana Varela HCS/577 April 2, 2012 Destiny Chen Health care financial environments exit in three types of organizations. These organizations are: a) Not-for-Profit, b) For-Profit, and C) government. A non- profit organization’s main purpose is to perform a mission rather than focusing on making a profit. The mission aims at helping the people in the community. One non –profit organization is the World Vision foundation. The World Vision foundation’s main goal is to provide children around the world with food, shelter, medicine, and education. “Dr. Bob Pierce began World Vision to help children orphaned in the Korean War. To provide long-term, ongoing care for children in crisis, World Vision developed its first child sponsorship program in Korea in 1953” (World Vision web site). The financial structure of this particular non –profit organization consist of grants, private citizens donations, and donations from other corporations. It also receives financial help from government agencies. For example, The United States Agency for International Development (USAID). This agency provides financial aid to the World Vision organization. The financial policies of this organization directly explain how each dollar is contributing to the realization of a project (education, food, clothing, medicine, etc.). The financial support is divided into three parts: a) 85% of the total revenue goes directly to programs, b)...
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