Bankrupt N.Y. Charity’s Ex-CEO Seeking $1.2 Million Payout
Gail Magaliff, the former chief executive of FEGS Health and Human Services, is seeking deferred compensation as part of the bankruptcy proceeding the shuttering New York City nonprofit launched a few months after her departure, The New York Times writes.
Muscular Dystrophy Association Drops Storied Telethon
Citing "the new realities of television viewing and philanthropic giving,” the charity announced Friday that it is ending its tradition of televised fundraising epitomized by the iconic annual Labor Day telethon long hosted by Jerry Lewis, USA Today and the Associated Press report.
David Rubenstein Adds $10 Million to Monticello Donation
The billionaire financier and history buff has now given $20 million for reconstruction work at Thomas Jefferson’s Virginia home, adding to Mr. Rubinstein’s legacy of philanthropic support for national historic landmarks, The Washington Post writes.
Met Gala Becomes Top Social Event Under Vogue Editor’s Eye
The New York Times writes about the evolution of the Metropolitan Museum of Art’s Costume Institute benefit, which takes place Monday night and has become both a fundraising powerhouse and a centerpiece of New York social life under the leadership of Vogue magazine editor Anna Wintour.
Charity Navigator Confronts Its Critics as It Seeks to Expand
Nonprofit leaders say the watchdog puts too much emphasis on financials, penalizes charities that aren’t growing, and doesn’t count work done by volunteers.
By Suzanne Perry
Contributor
How Nonprofit Leaders Would Fix Charity Navigator
The watchdog group responds to six wide-ranging suggestions for improvement.
Veterans Group Fights Back at Watchdog Ratings
Steven Nardizzi, co-founder of the Wounded Warrior Project, says charity evaluators’ systems are flawed and ineffective.
By Suzanne Perry
Contributor
You Need Money for Overhead? ‘Oh, Boohoohoo!’
Nancy Lawton, a retired federal government auditor, steers her gifts to groups that get top ratings from Charity Navigator.
By SUZANNE PERRY
Contributor
Online Fundraising Trends to Watch
Improvements in mobile payment system plus the rise of crowdfunding are among key changes that could spur online fundraising.
Work Weekends? This Committed Donor Wants to Know
Carrie Morgridge, whose fortune comes from Cisco wealth, steers her money to groups led by people who are so committed they respond to her questions in an hour, even on Saturdays and Sundays.
By Maria Di Mento
Senior Editor