Calif. Couple Convicted of Embezzling From Veterans Charity
A San Diego husband and wife who founded a nonprofit to train wounded veterans for careers in filmmaking were found guilty Friday of draining hundreds of thousands of dollars from the taxpayer-funded organization’s coffers, The San Diego Union-Tribune reports.
New Leaders at the Smithsonian, Woods Hole Oceanographic Institution, and More
Among other nonprofits with notable personnel changes: Livestrong Foundation, Community IT Innovators, Children’s Rights, and the Desmond Tutu Peace Foundation.
By anais.strickland
Contributor
Nonprofit Teaches People to Raise Money for Rare Diseases Through Crowdfunding
The Rare Genomics Institute encourages participants to seek money from friends and family instead of the public.
By Rebecca Koenig
Contributor
Sen. Grassley Seeks Details From Red Cross on Haiti Spending
In a letter this week to American Red Cross CEO Gail McGovern, Sen. Charles Grassley demanded greater disclosure of the charity’s spending in post-earthquake Haiti and set a two-week deadline for a response to his questions, ProPublica writes.
$65 Million Gift to Create Endowment for Park Avenue Armory
The donation from the foundation of a late armory patron, Airstream trailer mogul Wade Thompson, will establish an endowment for programming and educational efforts at the New York City arts center, reports The New York Times.
Ex-Colgate U. President to Take Reins at D.C.’s Newseum
Officials at the financially troubled Washington, D.C., museum of journalism said Jeffrey Herbst’s fundraising prowess at Colgate was a factor in his hiring as the Newseum’s president and CEO, The Washington Post and the Associated Press report.
Charter Schools on Borrowing Binge as Enrollment Grows
Bond sales by taxpayer-funded, frequently nonprofit-run charter schools are on pace to break last year’s record of $1.9 billion as swelling enrollment and low interest rates fuel a borrowing spree, writes Bloomberg.
Nonprofit Breast-Milk Banks Fight Emerging Commercial Market
Nonprofit and for-profit breast-milk banks are jostling for dominance of a market poised to grow to meet demand from hospitals and neonatal care facilities, the Associated Press writes.
Russian Science Foundation Closes Over ‘Foreign Agent’ Law
Russian mogul Dmitry Zimin has followed through on a threat to shutter his science charity, the Dynasty Foundation, rather than accede to a Kremlin demand that it register as a foreign agent, The Guardian and Nature write.
MacArthur, Mott, and Open Society Foundations Are Under Scrutiny in Russia
The three are on a list of a dozen organizations that Putin is sending to Russian officials to determine whether they pose a threat to the country.
By Alex Daniels
Contributor