Public Administration Commons^™

Donor-Led Community Engagement: A New Model For In-Kind And Philanthropic Giving?, Jessica K. A. Word, Connor Gahre

The Foundation Review

While philanthropic relationships between nonprofits and businesses are complex and ever evolving, the dominant pattern is one where the process is largely managed by the nonprofit, with businesses providing little more than monetary resources or in-kind donations in response to specific “asks.” This article explores the Transformative Impact Model, a new approach to corporate donor-led giving employed by the Wynn Resorts Foundation that allows community partners to take ownership of capital improvement projects.

In support of two such projects for a pair of nonprofits in Las Vegas, Nevada, the foundation not only lent its expertise, but also leveraged its professional …

Leases And Lease Purchase Agreements - Some Basic Considerations, Sid Hemsley

MTAS Publications: Full Publications

Municipal governments in Tennessee are authorized by Tennessee Code Annotated, Title 7, Chapter 51, Part 9, to enter into lease and lease purchase agreements for the acquisition of capital improvement property. Such agreements are limited by T.C.A. 7-51-902 to the acquisition of "capital improvement property" for terms of up to 40 years or for the useful life of the property, whichever is less. The term "capital improvement property" is defined by T.C.A. 7-51-901(1) as "any real or tangible personal property needed for a governmental purpose and having a useful life of one (1) year or more, and any real or …