‘Fortune’: Fighting Cancer in New Ways
Michael Milken, the former junk-bond trader, has made a new name for himself in the world of cancer research, reports Fortune magazine (November 29). As founder and head of the Prostate Cancer Foundation, Mr. Milken has “turned the cancer establishment upside down,” the publication says, and has…
By Brennen Jensen
Contributor
‘Worth’: Private Banks and Philanthropy
A growing number of private banks are now offering advice to the wealthy on how to give their money away, notes Worth magazine (December). In the past six years, the magazine says, the banks have stepped up their efforts to compete with financial planners, lawyers, accountants, and professional…
By Brennen Jensen
Contributor
‘Business Week’: Rankings of Top Donors
The superrich donated huge sums to charities this year, fueled by a growing belief that spending to solve today’s problems benefits society more than leaving sizable bequests, according to a Business Week cover story (November 29). As part of its third annual special report on philanthropy, called…
By Nicole Lewis
Contributor
Database of Listeners Aids Radio Station
Minnesota Public Radio is tapping into the power of the Internet to expand the network of people that its reporters turn to in their reporting. Over the last two years, the organization’s Public Insight Journalism program has built a database of 8,000 listeners, with information they provide such…
By NICOLE WALLACE
Features Editor
Pa. Arts Groups Get Technology Help
Arts and cultural organizations in the Philadelphia area have a new service to turn to for help in solving everyday technology problems. TechConnection for the Arts Help Desk offers arts groups 24-hour telephone assistance with their hardware and software questions. The service is provided by the…
By NICOLE WALLACE
Features Editor
Research Project Taps Free Computing Power
The World Community Grid, a new project started by the IBM Corporation, in Armonk, N.Y., aims to solve big social problems using relatively small amounts of donated computer power from millions of users. Through the project, computer users can donate their machines’ unused processing power for…
By NICOLE WALLACE
Features Editor
The following awards have been presented for work in advocacy, fund raising, nonprofit leadership, philanthropy, and other areas. Arts and humanities. President Bush has awarded the 2004 National Humanities Medal to eight Americans and U.S. institutions for their contributions to the humanities.…
A Veteran Leader Combines Social Services With Civil Rights in Detroit
Detroit
By Kimberlee Roth
Contributor
Financial Outlook for Charities Said to Improve
The financial outlook for nonprofit organizations has improved, says one of the nation’s major credit-rating services. Moody’s Investors Service said the outlook was “cautiously stable” and better than the “mixed” picture it had previously used to describe the situation. In a report issued last…
By Harvy Lipman
Contributor
Changes Are Urged in Foundation Tax Form
A new report calls for revisions in the informational tax returns that grant makers are required to file annually with the Internal Revenue Service, saying the documents offer the public a sketchy picture of foundation spending. The report -- published by the Donors Forum of Chicago, a regional…
By Ian Wilhelm
Contributor