Conn. Report Details $28-Million in Sandy Hook Giving
Charities raising money in the wake of the December 2012 mass shooting in Newtown, Conn., collected more than $28-million from donors across the United States and around the world and have distributed some $15-million to victims and other causes, the Associated Press writes, citing a newly released state government study.
Military Nonprofit Pays Top Official Nearly Half of Revenue
The president of the Military Religious Freedom Foundation, which advocates for separation of church and state in the armed forces, received compensation amounting to about 47 percent of what the nonprofit raised in contributions and grants in 2012, writes the Air Force Times.
Money Woes Force Tough Choices on Venerable Jewish College
New York’s Yeshiva University, one of the world’s best-known Jewish institutions of higher learning, faces job cuts and downsizing amid endowment losses and a budget shortfall that reached $150-million last year, writes The Wall Street Journal.
Donors and Advocacy Group in Suit to Stop Corcoran Takeover
Opponents of a plan to turn the Corcoran Gallery of Art’s assets over to two other Washington, D.C., institutions filed suit Wednesday to block the reorganization, arguing that the venerable, financially troubled museum can survive as an independent entity, The Washington Post reports.
Guggenheim Heirs Lose Donor-Intent Case Over Venice Museum
A French court ruled Wednesday that the Solomon R. Guggenheim Foundation can display art as it sees fit in the Venice palace bequeathed to it by the late collector Peggy Guggenheim, denying an assertion by members of her family that it violated her intent for the site, reports The New York Times.
Influential Andrew W. Mellon Foundation Eyes Strategic Shift
The Chronicle of Higher Education takes an in-depth look the foundation’s grant-making and operations as the fund—which has been praised for steadfastly supporting the arts and humanities but criticized for its opacity and focus on elite academic institutions—prepares to release a new strategic plan.
Boston Marathon Nearly Doubles Charity Take to $38-Million
Runners in the 2014 Boston Marathon raised $38.4-million for some 300 nonprofit organizations, far outpacing last year’s amount and supporting several people and groups affected by the 2013 bombing, The Boston Globe reports.
Nonprofit Newsrooms Raise Visibility and Find Sustainability
The proliferation and higher profile of web-based, nonprofit journalism outlets suggests growing confidence in philanthropically supported digital publications and their place in the long-term media landscape, writes Capital New York.
Group With Ties to N.Y. Council Chief Quadruples City Grant
A charity founded by a political adviser to New York City Council Speaker Melissa Mark-Viverito received $1.3-million in the first budget passed under her leadership, more than four times as much as last year, reports Crain’s New York Business.
Expanding L.A. Charter-School Group Sets Up National Office
Green Dot Public Schools, which operates 21 charter schools serving 11,000 students in the Los Angeles area, has established a national organization to oversee its expansion into Tennessee and Washington State, reports the Los Angeles Times.