Nonprofit and Other Institutional Investors Optimistic for 2014, Survey Finds
Nonprofit and other institutional investors anticipate 7-percent growth in their assets this year, Pensions & Investments writes, citing a new Commonfund report.
10 CFOs at Big Nonprofit Hospitals Take Home $1-Million-Plus
The chief financial officers at 10 of the country’s 25 top-grossing nonprofit hospitals were paid $1-million or more in 2011 or 2012 and average compensation among the group was just shy of $970,000, according to Becker’s Hospital Review.
Ore. University Halfway to Meeting $500-Million Challenge From Nike Owner
A week after winning legislative approval for $200-million in state bonds to meet Nike co-founder Phil Knight’s $500-million challenge grant, Oregon Health & Science University announced it has also raised $86-million in private funds for the campaign, The Oregonian reports.
Bronx Hip-Hop Museum Plan Has Support from Rap Pioneers
Afrika Bambaataa, Grandmaster Melle Mel, and other leading lights of early hip-hop announced plans Wednesday for a museum devoted to the form in the New York City borough where it was born, The New York Times reports.
Modest Donor ‘Astounds’ N.Y. Library With $6-Million Bequest
An avid reader who gave regularly but modestly to the New York Public Library during her life left the system $6-million when she died last year, writes The New York Times.
Live Updates From the 2014 Nonprofit Technology Conference
Read an archive of tweets from our reporters who attended the annual conference.
Calif. Nonprofits Give Wish List for New Irvine Fund CEO
Think about what California needs, urges a coalition of nonprofits in a letter to the chairman of the James Irvine Foundation.
By Doug Donovan
Contributor
House Panel Issues Report as it Builds Contempt Case Against Ex-IRS Official
A congressional committee investigating scrutiny of political organizations by the Internal Revenue Service released a lengthy report Tuesday accusing Lois Lerner, the former IRS chief for nonprofits, of targeting conservative groups, Bloomberg and The Washington Post write.
GOP Wants Block on IRS Nonprofits Rule in Ukraine Aid Bill
Senate Republicans are seeking to add language blocking planned Internal Revenue Service restrictions on politicking by nonprofit groups to legislation on a U.S. aid package for Ukraine, Bloomberg reports.
Western Michigan U. Reveals $100-Million Medical School Donors
The university will name its new medical school for the late Kalamazoo surgeon and inventor Homer Stryker in honor of a previously anonymous gift by his granddaughter and her husband, MLive.com and Forbes report.