News & Articles
The Delaware Grantmakers Association in Wilmington had an interesting problem in 2013 — its membership was too diverse. Even with a relatively small membership of 36, CEO Will Sherk found that differences in culture between the north of the state and the south resulted in grantmakers having different priorities.
Black Friday, the day after Thanksgiving, is the biggest day of the year for commerce. Why not take the energy surrounding a day that’s good for business into a day that’s good for giving? That’s the idea that launched the national (and now international) #Giving Tuesday movement. An experiment in philanthropy, #GivingTuesday designated the Tuesday after Thanksgiving as a day for organizations and their supporters to use social media & new tools to raise funds.
Ten non-profits in the U.S. and abroad will be recipients of New Digital Age Grants, funded through a $1 million donation by Google Executive Chairman Eric Schmidt.
Were you one of the 3 million people who retweeted Oscar host Ellen DeGeneres’ star-studded selfie? If so, you helped raise $3 million donation for two national charities.
A manager in charge of detecting fraud Oxfam has admitted to doing just that – to the tune of £64,612 ($108,082.95). Edward McKenzie-Green, 34, of Oxfordshire, England, was Oxfam Great Britain’s head of counter-fraud when he submitted payments to fictitious firms between February and December 2011. He will be sentenced in May.
Despite an uptick in the public trust of charities in the United Kingdom (UK), a new report by the New Philanthropy Capital (NPC) warns organizations not to take this newfound positivity for granted.
Those who once inhabited the Salvation Army’s community center in lower Manhattan won’t recognize the digs in a few years. The Salvation Army (SA) has reached an agreement to sell the building for more than $30 million to a firm that will open a boutique hotel and residence.
The effective management of insurable risk is critical to the financial health of a nonprofit. The traditional lines of insurance of General Liability, Property, Business Auto, Workers Compensation, Directors and Officers and Excess Liability are commonly included in the insurance business plans of nonprofits.
The director of facilities at the Woodruff Arts Center in Atlanta pleaded guilty in April 2013 to embezzling more than $1.1 million from the nonprofit. According to the Federal Bureau of Investigation, former employee Ralph Clark stole the money from the visual and performing arts center by submitting invoices for bogus expenses, picking the checks up in person, and then depositing them into accounts over which Clark had signatory authority.