Nonprofits Report Faster and Bigger Response to Nepal Than to Other Recent Disasters
A donate button added to Facebook news feeds has raised $10 million for International Medical Corps. CEO Mark Zuckerberg said Monday he would match gifts dollar-for-dollar up to $2 million to various nonprofits.
By Megan O’Neil
Contributor
Grant Makers and Charities Intensify Efforts in Riot-Torn Baltimore
Foundations are exploring better ways to aid affected communities, and Amnesty International sent a team to monitor the unrest.
By Michael Anft
Contributor
Clinton Foundation Donors Buttress Hillary’s Campaign
Tuesday’s launch of fundraising for Hillary Clinton’s presidential bid shows the overlap between her political effort and her family’s charitable work, with numerous events hosted by or featuring big Clinton Foundation donors, according to the Associated Press.
St. Louis Cardinals Sue Charity for Sale of Discount Tickets
The baseball team contends a youth sports organization breached a contract by scalping thousands of game tickets the group received from the Cardinals at discounted prices, the St. Louis Post-Dispatch reports.
Building Sale to Shutter Biblical-Art Museum in N.Y.
The Museum of Biblical Art is closing its doors due to what officials characterized as insurmountable financial difficulties arising from the sale of its Manhattan home, reports The New York Times.
Boobies Rock! Founder Faces New Charity-Fraud Charges
A Colorado man who has served prison time and been ordered to pay millions of dollars for charity-related scams is facing new allegations of nonprofit fraud, reports The Denver Post.
Grants Roundup: $6.5 Million to Columbia University School of Nursing
Other new awards include $8.7 million from the Helmsley Charitable Trust for type 1 diabetes research.
By Eden Stiffman
Senior Editor
Bill to Promote Social-Impact Bonds Has Support in High Places
The legislation would appropriate $300 million for state and local pay-for-success contracts.
By NICOLE WALLACE
Features Editor
NFL Will Give Up Nonprofit Status
The National Football League, which generates billions of dollars in revenue annually, will give up the tax-exempt status it has held since 1942, the Associated Press reports.
Climate Nonprofits Push Funds to Drop Fossil-Fuel Holdings
Two nonprofits with wealthy and prominent supporters are teaming up on a legal strategy to prod big investment funds to pull their assets from companies that depend on fossil fuels, The Wall Street Journal writes.