High Pay at L.A. County Fair Nonprofit Prompts Audit Call
Los Angeles County officials are calling for investigations of the finances and tax status of the nonprofit that runs the annual county fair amid reports that it lost millions of dollars while paying top executives in the high six figures, the Los Angeles Times report.
Ariz. Says Elderly Targeted in $750,000 Charity Scam
The state’s attorney general has shut down three related telemarketing companies that bilked $750,000 from seniors with Alzheimer’s and other memory-related conditions by claiming to be raising money for veterans charities, The Arizona Republic reports.
$20 Million Gift Boosts Mental-Health Studies at University of Calif.
The University of California, San Francisco announced a $20 million donation Wednesday from the Ray and Dagmar Dolby Family Fund for research on the neural and genetic underpinnings of mood disorders such as depression and bipolar disease, reports the San Francisco Business Times.
Cultivating Former Donors Helps Small Charities Raise Major Gifts
Fundraising also benefits when staff members get access to more professional development, a new study says.
By HEATHER JOSLYN
Contributor
Nonprofit Advocates Optimistic About Ryan as Speaker
The charity world is equally upbeat about the House Ways and Means Committee, where they expect the next chairman to be friendly toward philanthropy.
By Alex Daniels
Contributor
Grants Roundup: USA Funds Awards $4.6 Million to University of Hawaii for Work-Force Development
Other awards include $2.5 million from the Cleveland Foundation for organizations supporting youth development.
By Eden Stiffman
Senior Editor
Blindness Charity Unravels Enigma Behind $125 Million Gift
A San Francisco charity for the vision-impaired will be transformed by a $125 million bequest it received last year from a businessman who was a complete stranger to the organization, Bay Area public radio station KQED reports.
Following Sale, National Geographic to Shed 9% of Staff
The nonprofit National Geographic Society will lay off about 180 of its 2,000 employees, cutting costs in the wake of the sale of its venerable magazine and other assets to Rupert Murdoch’s 21st Century Fox, reports The Washington Post.
Researchers Question Success of Utah Social-Impact Bond
A Utah preschool program funded by investment bank Goldman Sachs that was touted last month as the first “social-impact bond” to yield returns for an investor may have significantly overstated the results on which the payout is based, according to The New York Times.
Ariz. Drops Planned Parenthood From State Charity Drive
After more than 30 years on the list of charities participating in Arizona’s State Employees Charitable Campaign, Planned Parenthood was excluded this year from the workplace fundraiser by a policy committee that said the group did not fit the drive’s “mission or standards,” the Phoenix New Times and the Arizona Daily Star report.