News & Articles

Study: Active Management Leads To Higher Endowment Returns

April 23, 2014       Zach Halper      

Active management of endowments is positively related to greater returns in U.S. equities over time. “An active manager is trying to beat the index by making decisions to try and deviate from the index,” said David Belmont, CFA, chief risk officer at Commonfund Institute, Wilton, Conn.

Survey: Bible Readers Give More Than Those Who Don’t

April 17, 2014       Patrick Sullivan      

Americans who read the Bible give more than Americans who don’t — roughly $500 more per year, on average. Bible readers donated a median $600 to nonprofits during 2013, compared to a median of $100 for non-Bible-readers. The more someone is engaged with the Bible, the more they give, with those reporting the highest level of engagement donating a median $1,500, versus $30 for non-readers.

Donors, Board Members Among Fundraiser Fears

April 16, 2014       Zach Halper      

What’s keeping the fundraisers of the Association of Fundraising Professional – Greater Philadelphia Chapter (AFP-GPC) – up at night? According to a new survey, it’s everything from board members not raising money to finding new donors.

Oldest U.S. Grantmaking Association To Change Name

April 10, 2014       The NonProfit Times      

The Conference of Southwest Foundations, the oldest association of grantmakers in the United States, announced it is rebranding as Philanthropy Southwest.

Canadian Fundraising Ticking Slowly Upward

April 10, 2014       The NonProfit Times      

Overall giving in Canada grew 2.7 percent during the three-month period ending Feb. 28, 2014, compared to the same period one year earlier and online giving grew 7.2 percent.

Detroit Nonprofit To Subsidize Public Sector Training Program

April 9, 2014       The NonProfit Times      

A public sector training program for nonprofit and public sector workers in Detroit will be subsidized by the Community Foundation for Southeastern Michigan. The program will teach employees economic development, land use, city systems, planning and neighborhood development.

56% of Nonprofits Can’t Meet Demand

April 7, 2014       The NonProfit Times      

The economic recovery is not offering signs of relief for the nonprofit sector, and many organizations are examining new models of funding, according the results of the Nonprofit Finance Fund’s 2014 State of the Nonprofit Sector Survey. Leaders from more than 5,000 nonprofits nationwide participated in this sixth annual survey.

Hourly Value Of Volunteers Grows 41 Cents To $22.55

April 3, 2014       Patrick Sullivan      

Nonprofits that used volunteer services last year got a little more bang for their buck. The value of a volunteer hour stood at $22.55 during 2013, according to a report from Independent Sector in Washington, D.C. That’s 41 cents, or 1.9 percent more than 2012.

Resignations From World Vision Board Begin

April 3, 2014       The NonProfit Times      

World Vision’s reversal regarding recognizing same-sex marriage of employees claimed its first casualty. Board member Jacquelline Fuller, who is director of corporate giving at Google, has resigned from the evangelical Christian relief agency’s board, disagreeing with the decision to exclude gay employees who marry.

Ohio Foundation Leaders Barred From Soliciting Funds

April 1, 2014       The NonProfit Times      

Two officers of an Ohio foundation have agreed never to solicit funds in the state, and their foundation will dissolve, according to court documents and Ohio Attorney General Mike DeWine’s office. As part of the Assurance of Discontinuance, Abbie Taylor, former president of Dynamite TKD Kids Foundation, must pay $5,000 to the state, and the foundation’s assets will be liquidated and transferred the attorney general’s Charitable Law section for redistribution.