When you buy a lottery ticket you are casting luck to the weather. For several charities it will be sunny skies – another barely has enough for an umbrella if it rains.
Fr. Edward Cappelletti, former director of the Salesian Missions in New Rochelle, N.Y., has died. He was 93.
How would you react if you had 200 chances to win $425 million? The chances are it would be quite similar to what the employees at the Stuttering Foundation of America (SFA) are feeling: Excitement and anxiety.
The Detroit Institute of Arts’ (DIA) collection was assessed at a fair market value of between $452 million and $866 million, with 11 works on display accounting for 75 percent of the total value range.
A knife-wielding thief made off with an estimated $10,000 in cash from one of the Salvation Army’s community centers in Washington, D.C., the proceeds of a weekend’s holiday Red Kettle Campaign.
Whether it’s the bad rap that capitalism got during the Great Recession or shareholder activism that has turned heads, no longer is it just the realm of do-gooder charities and nonprofits to save the world. For-profit businesses are getting into the act, whether it’s calling it a social enterprise, impact investing, or taking advantage of newly created legal structures such as Public Benefit Corporations (PBC or B-Corporations) or Low-profit Limited Liability Corporations (L3C).
Some might lament that there aren’t enough hours in a day. The North Texas Food Bank (NTFB) is looking for another week in the month. To make up the potential gap that cuts to the nation’s food stamp program might create, the Dallas, Texas-based organization would have to add another week to each month.