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April 29, 2008

News Briefing: Charities Feel Wall Street Pain

  • Senate Democrats call for a swift increase of $200 million in foreign aid to address the food shortage crisis.  [New York Times]
  • With turmoil on Wall Street, New York nonprofits worry about the future.  [Los Angeles Times]

April 14, 2008

News Briefing: When Strings Are Attached, Quirky Gifts Can Limit Universities

  • Universities' academic programs can be shaped by the interests - and restrictions - of their donors.  [New York Times]
  • Billionaire bond trader will auction the Scandinavian portion of his international stamp collection, to benefit the Millennium Villages Project at the Earth Institute at Columbia.  [New York Times]
  • Charities look for new ways to reach current and prospective donors as they brace for fewer corporate contributions during the economic downturn.  [New York Times]
  • Thomas Jefferson's library is re-created at the Library of Congress.  [Washington Post]

March 12, 2008

News Briefing: To Keep or to Donate: Foundations Wrestle With the Question

  • Museums across the country remain tight-lipped about Eli Broad's decision to donate his art collection to his foundation rather than a musem.  [New York Times]
  • The New York Public Library receives a $100 million donation from Wall Street financier Stephen Schwarzman.  [New York Times]
  • Nonprofit theatrical building boom results in dozens of construction projects whose combined total is approaching $1 billion.  [New York Times]
  • The United States National Slavery Museum faces fund-raising challenges.  [New York Times]

January 24, 2008

News Briefing: Bill Gates Issues Call For Kinder Capitalism

  • Stephen Colbert's "WristStrong" bracelets - a parody of Lance Armstrong's "LiveStrong" bracelets - have raised $175,525 since June.  [Associated Press]
  • The New York Junior League announces the appointment of its first black president as it struggles with internal allegations of financial mismanagement.  [New York Times]
  • Bill Gates will urge corporations to consider "creative capitalism" to address poor-country needs in a speech in Davos today.  [Wall Street Journal]

January 17, 2008

News Briefing: Scrutiny Of Veterans Charities Continues

  • The March of Dimes changes the name of its biggest fund-raising event in an effort to increase awareness of its mission.  [New York Times]
  • A former Republican congressman is indicted in an Islamic charity inquiry.  [New York Times]
  • The Board of the New York Junior League is in a public, and bitter, dispute about finances.  [New York Times]
  • Help Hospitalized Veterans - one of the country's largest veterans charities - draws sharp criticism from charity watchdogs.  [Washington Post]

December 14, 2007

News Briefing: Gold Krugerrand Lands in Salvation Army Kettle

  • Senator Dianne Feinstein announces an agreement that would give the Smithsonian an additional $15 million if the museum raises $30 million in private funds.  [Washington Post]
  • A one-ounce South African Krugerrand - worth about $800 -  is tossed into a Salvation Army kettle.  [Associated Press]
  • The Slingshot Fund, created last year by Jews in their 20s and 30s, gives grants for activities that it says hasn't received much support from an organized Jewish community.  [Boston Globe]

November 30, 2007

News Briefing: Food Banks, in a Squeeze, Tighten Belts

  • Nearly 12,000 applicants for homeowner aid through a hurricane recovery program have not signed up for grant appointments, as deadline looms.  [Associated Press]
  • Food banks around the country are reporting critical food shortages.  [Associated Press]
  • A Greek court dismisses the criminal case against former curator of the Getty Museum.  [New York Times]   

November 20, 2007

Smithsonian Is Planning a Big Fund-Raising Push

  • The Malawi government applauds Madonna's efforts to raise awareness of the plight of the country's AIDS orphans.  [Reuters]
  • UC Irvine Law School must raise funds without an alumni base that can significantly support it.  [Los Angeles Times]
  • The Smithsonian Institution to undertake its first large-scale private fundraising effort.  [New York Times]
  • Charity executives nervously monitor the mortgage debacle.  [Associated Press]

October 22, 2007

News Briefing: Holy Land Foundation Found Not Guilty of Financing Terrorism

  • Director of a Catholic charity in Southold, New York accused of stealing $700,000 in donations and thrift shop proceeds.  [Associated Press]
  • New York Road Runners Foundation helps 20,000 New York City schoolchildren get in shape.  [Associated Press]

October 10, 2007

News Briefing: Quaker Charity Sued Over a Doctor's Legacy

  • University of Virginia aims to collect $3 billion by 2011 in its largest capital campaign.  [Washington Post]
  • Artists who received fellowships last year from United States Artists used part of their unrestricted awards to make ends meet.  [New York Times]    
  • Pennsylvania Attorney General sues the American Friends Service Committee, claming the Quaker charity misspent a donor's bequest.  [Philadelphia Inquirer
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