News & Articles
Nonprofit software and technology giant Blackbaud has gobbled up competitors or added complementary firms to their stable of offerings to the tune of $431.3 million during the past few years. Last month’s announcement of its intent to spend $275 million for archrival Convio is just the latest ingestion.
Supporters of Planned Parenthood of America are painting the decision to cut grant funding to 16 of its affiliates by the nation’s most prominent breast cancer charity as a political one, influenced by the hiring last year of a former gubernatorial candidate who ran with being anti-abortion as a key issue.
The rural town of Chamberlain, S.D., is on the Missouri River, about two and one-half hours’ drive west across the rolling plains from Sioux Falls. There aren’t many “whale” donors out there, like there are in New York City, Los Angeles or Atlanta. Most people would be hard-pressed to find Chamberlain on a map.
A dozen companies filed paperwork in California on Jan. 3 to legally become “benefit corporations.” These are models that are supposed to be structured to have public good as part of a for-profit mission.
Nelson Bowman was attending a fundraising training program when a question came from the audience: What to do when one college at a university is courting a $1 million donor but another college on campus has an affinity that’s more in line with that donor? The instructor, according to Bowman, suggested finding another $1 million donor.
Endowments of U.S. colleges and universities returned an average 19.2 percent on investments from July 1, 2010 through June 30, 2011, blowing by the 11.9 percent return of the prior matching 12-month period.
A dozen direct response fundraising vendors have launched an ad-hoc organization to promote the use of integrated marketing by the broader charitable sector. The concept is to share best practices and to develop ideas for challenging issues.
The Salvation Army (TSA) had a record-breaking holiday season, with its trademark Red Kettle campaign raising $147.6 million, a 3.4 percent increase from 2010. It was more than bell-ringers. TSA incorporated new technologies at kettles and online. It also hosted national events to inspire giving.
The Bill & Melinda Gates Foundation renewed its commitment to the Global Fund to Fight AIDS, Tuberculosis and Malaria. Announced at the World Economic Forum in Davos, Switzerland, the Gates Foundation is giving $750 million through a promissory note — a new and innovative funding mechanism.
The nonprofit job market expanded for the 10 years that positions in the general workforce shrunk. And, that growth made nonprofits the nation’s third largest employer behind retail and manufacturing.
Current Print Edition
July 1, 2015Table Of Contents
Volume 29 No. 8
In The News