Jewish Federation Assets Return to Pre-Crash Levels, Study Finds
Jewish nonprofits have seen significant revenue gains in recent years and, in the aggregate, have recovered from declines precipitated by the 2008 financial crisis and subsequent recession, according to The Jewish Week.
Capri Sun Maker Gives $16.5 Million for Military Scholarships
Billionaire businessman Hans-Peter Wild said childhood memories of U.S. forces stationed in his native Germany after World War II provided an impetus for his donation supporting education assistance to the children of Marine Corps and Navy veterans, The Washington Post writes.
Ex-Supermarket Executive Pleads Guilty to Foundation Fraud
A former vice president of the British supermarket chain Asda admitted in court Wednesday to steering some $263,000 from the company’s charity fund to benefit a ballet troupe headed by his partner, reports The Guardian.
Advocacy Group Shows How Rebranding Can Rebuild Momentum
After success in antismoking battles, the Truth Initiative bets on a new messaging strategy and a media push to win the war.
By Alex Daniels
Senior Editor, Foundations
First Philanthropy Almanac Provides a Wealth of Facts and Data
The new resource, available in print and online, aims to provide a definitive overview of U.S. charity.
By Rebecca Koenig
Contributor
Grants Roundup: Joyce Foundation Awards $14.4 Million to Wide-Ranging Causes
Other awards include $6.7 million from the John A. Hartford Foundation to five organizations working to improve the care of older adults.
By Eden Stiffman
Senior Editor
Mich. Family Behind Amway Has Given Away $1.2 Billion
The Grand Rapids Press offers the first detailed look at the philanthropy of Rich DeVos, the billionaire co-founder of the Amway direct-retail empire, and his children.
Sunlight Foundation President Is Stepping Down
The government-transparency nonprofit announced Tuesday that Christopher Gates is leaving his job after less than a year and a half at the helm, Poynter.org reports.
Doctors Without Borders Is Ending Mediterranean Rescue Work
The global medical charity is terminating its eight-month-old rescue operation on the Mediterranean Sea and called on the European Union to provide safe and legal means for refugees and migrants to cross over from Africa, Reuters writes.
OECD Aid Hits New High, but Poor Countries Get Lesser Share
The Organization for Economic Co-operation and Development doled out a record $137.2 billion in 2014, but for the second straight year the proportion of aid going to poorer countries declined, the Thomson Reuters Foundation writes.