News & Articles
In its first full year of existence in 2009, Pencils of Promise (PoP) raised less than $85,000. In 2012, the New York City-based nonprofit reported revenue of more than $5 million and 2014 should be a banner year as Founder and CEO Adam Braun travels the country promoting his new book and bringing more exposure to the charity.
The largest settlement for alleged deceptive charitable fundraising in U.S. history has people around the nonprofit sector talking about fundraising regulation and where it stands today.
Charitable giving is estimated to increase 5.7 percent during 2014, according to the latest report from the Atlas of Giving.
More than $91 million in commitments was announced during a town hall on My Brother’s Keeper, a White House initiative to at-risk minority boys and young men.
Investment returns at private foundations continued their strong gains last year, rising to an average of 15.6 percent according to a new study by the Commonfund Institute and the Council on Foundations (CoF).
Grants by one of the nation’s largest donor-advised funds jumped almost 20 percent during the first half of this year, compared to the same period in 2013, while an increase in mergers and acquisitions activity helped to push a 33-percent spike in contributions.
Legendary social innovator and self-proclaimed serial entrepreneur Priya Haji, who launched four different enterprises during her career, died suddenly Monday night at her home in San Francisco. Early indications are that Haji suffered a pulmonary embolism, according to a statement from her family, though autopsy results are still pending.
The U.S. House of Representatives is likely to debate this week a legislative package concerning IRA distributions to charity, food donations, deduction filing, conservation easement and foundation excise taxes. H.R. 4719, “America Gives More Act of 2014,” was reported out of the House Committee on Ways and Means.
The Children’s Aid Society (CAS) today announced the appointment of the first female president and chief executive officer (CEO) in its nearly 160-year history. Phoebe Boyer, executive director of the Robertson Foundation, will succeed Richard Buery, Jr. as of Oct. 1.
Grants to charities via one of the nation’s largest donor-advised funds was up 38 percent and the number of accounts grew 17 percent for the fiscal year ending June 30.
Current Print Edition
April 1, 2015Table Of Contents
Vol. 29 No. 5
In The News