Tyson Foods Pledges $50 Million to Anti-Hunger Work
The five-year commitment announced Wednesday by the Arkansas-based food conglomerate will include both cash and in-kind donations, Arkansas News reports.
Other awards include a total of $3 million from the Citi Foundation and America’s Promise Alliance to expand college opportunities for urban youths.
By Eden Stiffman
Senior Editor
Justice Dept. Backs Planned Parenthood in La. Funding Case
Stepping into a suit brought by Planned Parenthood, the agency told a federal judge that Louisiana Gov. Bobby Jindal’s bid to cut off Medicaid funding to the women’s health nonprofit appears to violate federal law, the Associated Press reports.
Proposed Cooper Union Settlement Could Restore Free Tuition
An agreement crafted by New York State’s attorney general’s office would end litigation that has roiled New York City private college Cooper Union and could put the venerable institution on a path back to offering free tuition, writes The New York Times.
Ex-Jared Foundation Official to Plead Guilty to Sex Charges
The former executive director of disgraced ex-Subway pitchman Jared Fogle’s charity agreed Tuesday to plead guilty to charges of child sexual exploitation and distributing and receiving child pornography, Reuters reports.
Calif. Audit Finds $24-Million Jump in Blue Shield Exec Pay
Blue Shield of California raised executive compensation by 64 percent in 2012, the Los Angeles Times writes, citing a confidential audit by the state board that last year revoked the nonprofit health insurer’s tax exemption.
Settlement to Return $4.3 Million to New York Foundation
New York State officials have reached a settlement with former trustees of the Homeland Foundation that will return to the charity more than $4.3 million authorities say was improperly used, the Poughkeepsie Journal reports.
Receiver Says Troubled N.D. College Foundation Should Fold
The court-appointed receiver for the nonprofit fundraising arm of Dickinson State University is calling for the financially troubled organization to be dissolved and replaced with a new foundation, reports the Dickinson Press.
Judge Grants Nonprofit Moral Exemption to Contraceptive Rule
A federal judge ruled Monday that an anti-abortion organization with no religious affiliation can claim a moral objection to the Affordable Care Act’s mandate that employers provide insurance coverage for birth control to female staff, reports The New York Times.
Moody’s: Nonprofit Hospitals Returning to Fiscal Health
After several years of forecasting fiscal pain for nonprofit hospitals, the credit-rating agency is seeing improvement in the sector’s condition as patient numbers pick up and bad debt declines, Modern Healthcare writes.