News & Articles
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.
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.
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.
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.
Drivers were marooned on Atlanta highways when the city was paralyzed by snow this past February. One stranded motorist created a Facebook group asking others what they needed. According to Tracy Hoover, president of Atlanta-based Points of Light, thousands of people soon posted their needs for blankets, gasoline, food and water.
Laura Farmer Sherman recalls doing almost 100 events in the months after the very public dispute two years ago between Susan G. Komen for the Cure and Planned Parenthood of America. Whether it was speeches, open houses or “Coffees with Komen,” she would talk to “anyone who’d listen” about what the San Diego affiliate does with donations and what would happen if they didn’t raise the money.
Eight Colorado-based nonprofits will share a $500,000 grant to help local youth live healthier lives. The initiative is part of a program launched by global healthcare company GSK.
If someone had a lot if money 30 years ago and wanted to do something philanthropic, they’d start a foundation. “That’s no longer true today,” said Henry Berman, CEO of the Association of Small Foundations (ASF).
UPDATE: World Vision has since reversed this decision. Click here for the full story.
More than 12 years after the Sept. 11 attacks on the World Trade Center, the Sept. 11 Memorial Museum will open its doors to the general public on May 21.