News & Articles

Gulf Coast Nonprofits Can File Claims For BP’s Cash

March 1, 2013       Gary Morton      

When the Deepwater Horizon oil spill sent crude oil spewing toward the northern Gulf Coast and then coating it nearly three years ago, officials at Catholic Charities of the Archdiocese of New Orleans knew they had to quickly respond.

Higher Ed Giving Beats (Barely) Inflation

February 20, 2013       Mark Hrywna      

Buoyed by contributions for current operations, giving to American colleges and universities in 2012 increased 2.3 percent – but just 0.2 percent when adjusted for inflation.

Execs Testify In Harmony Regarding Tax Incentives

February 14, 2013       Mark Hrywna      

Extending the charitable deduction to all taxpayers – not just itemizers – and allowing donations until April 15 to be counted in the previous tax year were among the proposals by nonprofits to incentive charitable giving even more.

Congress: Postal Service Can’t Deliver Reform

February 14, 2013       Mark Hrywna      

Comprehensive postal reform is nearing the goal line and Congress should be able to punch it into the end zone. The football metaphor was used more than a few times during a U.S. Senate committee hearing on Wednesday, where lawmakers said they came close to enacting postal reform last year and seemed optimistic it could be accomplished in 2013.

Endowment Growth Not Keeping Up With Need

February 1, 2013       Mark Hrywna      

Long-term performance of endowments continues to improve but lags the necessary growth needed to keep up with inflation and expenses amidst volatility in recent years. Endowments among more than 800 colleges and universities in the United States saw an average return of -0.3 percent for the fiscal year that ended in June, after a 19.2-percent boom in 2011.

Magic Hamper Executives

February 1, 2013       Thomas McLaughlin      

At some point in their development, most children learn about Magic Hampers. These are containers of some sort that the adults in the family put in a kid-friendly location. The formula is simple – put dirty clothes in the thing and eventually, like magic, those clothes reappear neatly folded and clean. The child thinks: How did this happen? That evolves into: Who cares?

General Ramblings: No More Laurels

February 1, 2013       Paul Clolery      

Lance Armstrong admitted that he might have cheated to win a few bicycle races. Meanwhile, the LIVESTRONG brand he created is being tarnished, the name most recently removed from a sports arena.

New CGAs Target A Different Level Of Donors

February 1, 2013       Mark Hrywna      

Some of the nation’s largest nonprofits are reporting fewer charitable gift annuities (CGA) in recent years amid historically low interest rates, but the CGAs they do receive are larger than in the past.

Facebook Giving Platform Being Tested With Users

February 1, 2013       Mark Hrywna      

Facebook rolled out an experimental giving platform that allows users to donate $25 to any of a dozen charities. The social networking platform might expand the program in 2013.

Concerts Not Necessarily Music To Fundraisers’ Ears

February 1, 2013       Patrick Sullivan      

The Concert for Bangladesh raised $250,000 in 1971 for UNICEF, about $1.4 million in 2012 dollars. It’s nothing to sneeze at, but it’s just a drop in the bucket compared to the December 12, 2012 benefit for Sandy Relief (12-12-12) at the same venue, Madison Square Garden in New York City. That concert raised more than $30 million for the Robin Hood Foundation before a single note was played, and garnered at least $20 million more during the concert.