News & Articles

The Recovery Begins From Jersey Girl Sandy

October 31, 2012       Patrick Sullivan      

“We started up an operation across a geographic area the size of Europe.”

Wealthy Still Giving, Just Less

October 29, 2012       Patrick Sullivan      

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.

Education Endowments Flunk, Posting Negative Numbers

October 25, 2012       Patrick Sullivan      

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.

Weighing The Appetite For Risk

October 23, 2012       Paul Clolery      

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).

Boy Scouts’ Alleged Pedophile Info Posted On Website

October 18, 2012       Patrick Sullivan      

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.

Platform for the Nonprofit Sector

October 17, 2012       Paul Clolery      

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 Cutting Staff, Reorganizing

October 17, 2012       Patrick Sullivan      

TechSoup Global is undergoing a reorganization that will result in fewer staff positions and a change in strategy for the technology product distribution nonprofit.

Armstrong Back-Pedals From His Foundation

October 17, 2012       Mark Hrywna      

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.

Fundraisers’ Relationship Helps Derail $3B Campaign

October 15, 2012       Todd Cohen      

Planning for a $3 billion comprehensive campaign at the University of North Carolina at Chapel Hill (UNC), an effort that had been expected to begin its quiet phase next summer, likely will be put on hold, for the third time in four years. Fueling the new delay is UNC’s chancellor announcing he would step down at the end of the school year and the school’s vice chancellor for university advancement quitting under pressure.

Common Ground Customers Petition For More Time

October 15, 2012       Mark Hrywna      

Elizabeth Davis is disappointed. Hired three years ago as the chief operating officer of The Miracle Foundation, Davis said her organization spent roughly 18 months evaluating products and decided to go with Convio’s Common Ground. “We did the work ourselves, with a lot of volunteers and a lot of hard work because we had to migrate data from eight years from a legacy system,” Davis said.