Charities big business in Bermuda
And, Duncan Hall reports in the latest issue of business quarterly The Bottom Line , charities are learning that they must act like businesses if they want to tap into the Island's giant pool of corporate donations.
The magazine, which is free and in stores today, says the days of waiting for donations to fall out of the sky are over for big charities, which must now develop business plans, proper accounting procedures and take advice from professional fundraisers to take advantage of the estimated $15 million given to charities each year.
Elsewhere in Bottom Line, Royal Gazette Business reporter Mairi Mallon assesses the fallout from the Bermuda Fire and Marine case, lawyer Kelvin Hasting Smith warns that "you've got mail'' can be a lot more sinister that the movie of the same name when e-mails start showing up as evidence in court cases.
Meanwhile, staff writer John Burchall reports on the innovative ways that Government is training the next generation of Bermudian professionals while Mid-Ocean News news editor Rebecca Zuill tours Centre Solutions' dazzling new offices in the Waterfront development.
Bottom Line is a quarterly publication of Crown Communications Ltd., a wholly owned subsidiary of The Royal Gazette Ltd.