News & Articles
Warning that the economy could ultimately be driven back into recession as a result of the federal government’s partial shutdown, leaders from the nonprofit, business and public sector urged the President Barack Obama and members of Congress to end the stalemate and avoid a default on the nation’s debt.
The federal government is unable to pay death benefits for fallen service members because of the government shutdown but the Fisher House Foundation in Rockville, Md., is stepping up to provide those payments while Congress and the White House seek an end to the now nine-day old impasse.
When Hurricane Katrina hit New Orleans and ravaged the Gulf Coast in 2005, Twitter was still a few months from being born and Facebook was still a crawling infant. There were smartphones but they too were not yet real mobile devices.
Of Fortune 500 companies that make charitable gifts internationally, 81 percent either increased or maintained giving levels this fiscal year, and 86 will either maintain or increase giving levels next fiscal year. Local communities’ needs was the most influential factor for giving, cited by 78 percent of survey respondents, followed by the company’s business operations or financial performances, at 52 percent.
The 27th president and CEO of American Bible Society (ABS) is out after just seven months on the job and less than a year after getting hired.
“The more one knows, the more one can control events.” Those were the words of Sir Francis Bacon, as relayed by Dennis McCarthy, vice president for strategy and business practice at Target Analytics in Cambridge, Mass. The more you know about how different generations of donors interact with different channels, said McCarthy, the better you can target your fundraising efforts and get the results you need.
Foundation endowments showed double-digit returns in 2012, following a sluggish 2011 with an average return of -0.7 percent. The average gain for foundation endowments last year was 12.0 percent. That was one of the results from the 2012 Council on Foundations-Commonfund Study of Investments for Private Foundations (CCSF).
Fidelity Investments has launched a grant challenge that will award the applicant with the winning idea $100,000, volunteer support, and financial expertise to help low-income high school students make better financial decisions.
The government shutdown, which began on October 1 due to a Congressional spat over the Affordable Care Act, has ground the combined federal campaign (CFC) to a halt. Beyond that, it’s too soon to tell just how much will be lost from the workplace giving campaign for federal employees.
Toronto, Ontario, Canada – Association for Healthcare Philanthropy (AHP) President and CEO William McGinly will retire next summer after 30 years with the organization. Attending his final AHP annual international conference in Toronto, Ontario, McGinly, 67, announced he would serve through June 30, 2014. A search committee is expected to choose one of two search firms tomorrow, McGinly said.
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