Many Wealthy Colleges Don’t Disclose Investments
Many wealthy colleges do not disclose investments, report says
How Consumers View Corporate Philanthropy
Few Americans say philanthropy is a major indicator of corporate responsibility, study finds
Nonprofit Satellite-Television Policy Comes Under Fire
A federal rule that requires satellite-television providers to set aside 4 percent of their channel capacity to nonprofit groups for ad-free, educational content is under attack, reports the Los Angeles Times. Consumer advocates say the rules are ambiguous and rarely enforced, allowing several…
Requests for Gifts Rankle Artists
New York artists are complaining that an increasing number of nonprofit groups are asking them to donate their artwork to charitable auctions, reports The New York Times. While many artists are happy to help, they point out that they only receive a tax deduction for the cost of the materials used…
Tuition Program Sees Positive First Results
Six months after anonymous donors promised to pay a large portion of tuition for Kalamazoo, Mich., students to attend a state university or community college, public-school officials say more families are considering moving to the city of 77,000 and the high-school dropout rate has declined,…
Actor Captains $10-Million Philanthropic Enterprise
William Shatner, the former Star Trek and current Boston Legal actor, has traveled to Israel to raise $10-million to establish programs in the country that help disabled children through horseback riding, reports the Associated Press. Such “therapeutic riding” helps improve the children’s health,…
Companies Grapple With Aid for Immigrants
Charitable foundations at major U.S. corporations are facing challenges about whether to award scholarships for college to students who are in the United States illegally, The Wall Street Journal reports. Foundations at corporations like the Coca-Cola Company, Anheuser-Busch Companies, and Wal-Mart…
Chicago’s Nonprofit Hospitals Criticized
The Center for Tax and Budget Accountability, a nonprofit research and advocacy group in Chicago, is releasing a study that says nonprofit hospitals in the Chicago area are getting three times more in tax breaks than they are giving out in free care, the Associated Press reports. The study…