Former Diplomat to Seek More Partnerships as Head of Lutheran World Relief
Daniel Speckhard plans to double the nonprofit’s budget in the next eight years, in part by working more closely with businesses.
By Maria Di Mento
Senior Editor
Lawsuit Would Force IRS to Release Nonprofit Tax Forms Digitally
Tired of waiting for data, watchdog groups are creating new ways to shed light on charity operations.
By SUZANNE PERRY
Contributor
Founder of For-Profit Lighting Company Wins $100,000 Bronfman Prize
Sam Goldman’s social enterprise has reached 33 million people in 62 countries.
By Caroline Bermudez
Contributor
Lenfests Plan to Donate Fortune
Gerry and Marguerite Lenfest are shifting their focus to helping needy urban youths as they figure out how to donate the rest of their big philanthropic commitment.
By Maria Di Mento
Senior Editor
Lack of Investment Crimps Social Enterprises Looking to Grow
As startup small businesses aiming to serve social needs proliferate, they are running into difficulty attracting capital to expand their operations, writes The Wall Street Journal.
Nonprofit Health Co-ops Struggling to Meet Enrollment Goals
Most of the nonprofit insurance co-ops established in 23 states under the Affordable Care Act have fallen short of their projections for enrolling people in new plans, raising questions about their long-term success and ability to repay $2-billion in federal startup loans, The Wall Street Journal writes.
Ohio Man Gets 11 Years for $1.5-Million Charity Tax Fraud
Prosecutors said Jonathan Webster posed as a nonprofit representative to collect personal information from would-be charity beneficiaries then used it to file phony tax returns and collect refunds, writes the Columbus Dispatch.
Cy Twombly Works Worth $84-Million Given to Tate Modern
The donation of three large abstract paintings and five bronze sculptures is in keeping with the wishes of the late artist, who had a long association with the London gallery, according to the BBC and The New York Times.
Los Angeles Joins Bidding to Land George Lucas Museum
Entering what had been a two-way fray between San Francisco and Chicago to host the “Star Wars” filmmaker’s planned Cultural Arts Museum, Los Angeles Mayor Eric Garcetti offered a site and launched a social-media campaign to woo the project, the Chicago Tribune reports.
Strapped San Jose Theater to Close and File for Bankruptcy
After several years of financial struggle and falling ticket sales, the San Jose Repertory Theatre announced Wednesday that it has shut down and will go into Chapter 7 bankruptcy, the San Jose Mercury News writes.