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July 25, 2008

News Briefing: Report on Shriners Raises Question of Wrongdoing

  • An investigavtive committee suggests questionable financial dealings with Shriners.  [New York Times]
  • GlobalGiving introduces a new web site that will list projects with minimal greenhouse gas emissions.  [New York Times]
  • The House votes to triple financing to fight AIDS, malaria, and tuberculosis.  [Associated Press]

Posted at 09:58 AM in Accountability, HIV/AIDS, Technology | | Comments (0) | TrackBack (0)

July 18, 2008

News Briefing: Problems Persist With Red Cross Blood Services

  • Clinton's Foundation aims to stabilize the cost of anti-malaria medication.  [Associated Press]
  • Problems continue with the Red Cross's blood services.  [New York Times]
  • The founder of a defunct Muslim charity is sentenced to a year in prison.  [Associated Press]
  • A Washington-based nonprofit is under fire for high compensation of its longtime chief.  [Washington Post]
  • Billy Crystal joins the Board of the 9/11 memorial foundation.  [Associated Press]

Posted at 10:04 AM in Accountability, Celebrities, Disasters | | Comments (0) | TrackBack (0)

May 01, 2008

News Briefing: Degree Scandal Costs WVU $2M Donation of Cash and Art

  • The McGee Foundation withdraws its pledge of $2 million to West Virginia University after the school improperly awarded a degree to the Governor's daughter.  [Associated Press]
  • Aid groups grapple with the global food crisis.  [Seattle Times]

Posted at 10:46 AM in Accountability, Education, Foundations, International | | Comments (0) | TrackBack (0)

April 17, 2008

News Briefing: AT&T Giving $100 Million to Fight Dropouts

  • AT&T gives $100 million to address the problem of high school dropouts.  [New York Times]
  • Diana and Stephen Goldberg donate $25 million to the Children's National Medical Center in Washington.  [Washington Post]
  • The financial director of Guggenheim Bilbao is fired after embezzling more than $775,000.  [New York Times]
  • Dorothy and Herbert Vogel will distribute 2,500 contemporary artworks throughout the country, with 50 pieces going to a selected art institution in each state.  [Los Angeles Times]

Posted at 09:45 AM in Accountability, Arts, Corporate Philanthropy, Healthcare | | Comments (0) | TrackBack (0)

April 16, 2008

News Briefing: N.Y.U. Medical Center Gets Another $100 Million Gift

  • Pilar O'Leary, head of the Smithsonian Latino Center, resigned in February after an internal investigation found that she violated a variety of rules and ethics policies.  [Washington Post]
  • The Museum of Modern Art and the foundation that operates the Guggenheim Museum can proceed with a lawsuit aimed at proving their ownership of two famous Picasso paintings.  [Bloomberg]
  • Ken Langone gives $100 million in unrestricted funds to New York University Medical Center.  [New York Times]

Posted at 11:27 AM in Accountability, Arts, Education, Private Philanthropy | | Comments (1) | TrackBack (0)

March 31, 2008

News Briefing: Report Sketches Crime Costing Billions: Theft From Charities

  • A new report from the Association of Certified Fraud Examiners estimates that the money lost to fraud in the nonprofit sector equals approximately $40 billion.  [New York Times]
  • Harvard's $34.9 billion endowment has a new chief executive.  [New York Times]
  • Chad's President grants an official pardon to six French aid workers jailed in December for abducting children.  [Reuters]

Posted at 02:00 PM in Accountability, Education, International | | Comments (0) | TrackBack (0)

March 06, 2008

News Briefing: Foundation Creates $100M Grant Project

  • Goldman Sachs will donate $100 million to develop and enhance business education programs for women at universities in Africa, the Middle East, and other developing regions.  [New York Times]
  • The Gates Foundation announces a new Grand Challenges Explorations program that will award grants for unorthodox, unproven ideas that may help against infectious diseases.  [Associated Press]
  • The author who made up her memoir "Love and Consequences" also made up the nonprofit she claimed was helping to reduce gang violence.  [New York Times]
  • Some viewers have misgivings about Oprah's new philanthropy show.  [Chicago Tribune]

Posted at 10:11 AM in Accountability, Finance, Gates, International | | Comments (0) | TrackBack (0)

March 05, 2008

News Briefing: Study Says Gifts of Stock Precede Sharp Price Dips

  • Top corporate executives who make gifts of their company's stock to their family foundations often do so before the stock price drops sharply, according to a new study.  [New York Times]
  • The former executive director of Bellevue Hospital Center is charged with taking bribes from a private vendor.  [New York Times]

Posted at 10:35 AM in Accountability, Foundations, Healthcare | | Comments (0) | TrackBack (0)

February 29, 2008

News Briefing: Red Cross Overpaid for Hotel Rooms During Wildfires

  • The American Red Cross paid for a large number of hotel rooms for volunteers that went unused during southern California's wildfires.  [Associated Press]
  • The Metropolitan Opera and the Julliard School pool their resources in a program for young opera singers, as well as pianists who hope to work as vocal accompanists or opera conductors.  [New York Times]

Posted at 10:50 AM in Accountability, Arts, Disasters | | Comments (0) | TrackBack (0)

February 28, 2008

News Briefing: Nonprofit Diabetes Group Is Subject of Investigation

  • Thomas Krens, the director of the Solomon Guggenheim Foundation, resigns after nearly twenty years.  [New York Times]
  • The Juvenile Diabetes Research Foundation International is the subject of an investigation after an internal audit uncovers missing money.  [New York Times]
  • The Diocese of Little Rock urges its members not to donate to the Susan G. Komen for the Cure Foundation because the group supports Planned Parenthood.  [Associated Press]
  • James and Marilyn Simon discuss their gift to Stony Brook - the largest to a public university in New York.  [New York Times]
  • Oxfam, a leading British charity, releases a report stating that efforts to promote peace in Afghanistan are not succeeding.  [Reuters]

Posted at 09:43 AM in Accountability, Arts, Education, Healthcare, International, Religion | | Comments (0) | TrackBack (0)

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