News & Articles
“We started up an operation across a geographic area the size of Europe.”
Those are the words of American Red Cross Director of Media Relations Anne Marie Borrego. An estimated 60 million people in 16 states have felt the wrath of Hurricane Sandy throughout the northeast and as far west as Illinois. At least five million residences in the northeast are without power.
Almost all the highest net worth households in the United States, those with either a net worth of $1 million or more (excluding home value) or an annual household income of at least $200,000, gave to charity in 2011. Fully 95 percent gave to at least one charity, 30 percentage points more than the general population.
Rates of return for college and university endowments have taken a nosedive in fiscal year 2012. The rate of return is a negative 0.3 percent, compared to a 19.2 percent gain for 2011. That’s according to preliminary results of a study by Commonfund Institute and the National Association of College and University Business Officers (NACUBO) on higher education endowments.
Online giving continues to grow as a proportion of overall fundraising while nonprofits prepare for the use of mobile technologies to rise in the coming year. Special events, however, are still among the most widely used to drive individual donations.
San Francisco, Calif. — Nonprofit financial managers could have been counting calories and poundage as part of a service project in advance of this week’s Nonprofit Financial Executives Forum sponsored by the American Institute of Certified Public Accountants (AICPA).
The managers packed more than a peck of pears — 32,976 of them to be precise — helping out at the San Francisco Food Bank. The food bank daily ships 100,000 pounds of food to organizations in San Francisco and Marin counties. They then retired to the hotel for nearly three hours of risk management training.
Microsoft Corporation employees have given $1 billion to nonprofits since the inception of the company’s Employee Giving Campaign in 1983. The software company, co-founded in 1975 by Bill Gates, made the announcement at a town hall event yesterday. Gates is also the head of the Bill and Melinda Gates Foundation.
An Oregon attorney has released an estimated 1,200 Ineligible Volunteer (IV) files from the Boy Scouts of America (BSA) on a website. The files, dating from 1965 to 1985, detail information on alleged child molesters and others the BSA deemed a threat to scouts’ safety.
With the presidential election just weeks away, 22 of the leading executives of the nonprofit sector have a message for both President Barack Obama and Gov. Mitt Romney.
TechSoup Global is undergoing a reorganization that will result in fewer staff positions and a change in strategy for the technology product distribution nonprofit.
Days before the charity he founded celebrates its 15th anniversary, Lance Armstrong announced he is stepping down as chairman of the foundation that bears his name. Minutes after the statement was released this morning, sports shoemaker Nike announced it has terminated its contract with him.
Current Print Edition
July 1, 2015Table Of Contents
Volume 29 No. 8
In The News