Harper Lee Forms Nonprofit to Keep ‘Mockingbird’ Play Going
The author of To Kill a Mockingbird has started a nonprofit to keep a long-running theatrical version of the beloved novel alive in her hometown of Monroeville, Ala., the Associated Press and The New York Times report.
Auburn U. and Fla. International U. Announce Major Gifts
Auburn University announced a $57-million donation to support construction of two new campus buildings, Al.com reports, and Florida International University received $20 million to expand and improve its School of International and Public Affairs, the Miami Herald writes.
Wash. Financier Gives $20 Million to Scholarship Program
The donation by tech angel investor Gary Rubens will provide financial aid to 6,800 low-income freshman and sophomores through the Washington State Opportunity Scholarship program, reports The Seattle Times.
Nonprofit System Is “Chronically Brittle,” Survey Results Suggest
An annual survey conducted by the Nonprofit Finance Fund found that more than half of organizations reported that they couldn’t adequately meet the needs of those seeking their services — the third straight year that the number has topped 50 percent in the survey.
By Drew Lindsay
Senior Editor, Special Projects
HBO’s ‘Vice’ Report Slams Aid Efforts in Haiti
Less than one penny per aid dollar goes to Haitian organizations and businesses, according to an investigation by the cable channel’s Vice program.
Trillions of Dollars on the Line as U.N. Weighs New Goals
Nonprofits shift into high gear with efforts to elevate public attention and seal major commitments to address global poverty, hunger, and other issues.
By Megan O’Neil
Contributor
Etsy IPO Demonstrates Growing Strength of B-Corps Movement
With its public offering last week, online arts and crafts marketplace Etsy became the best known B Corporation to trade shares, signaling the momentum of the business classification that allows firms to pursue social as well as financial goals, writes The New York Times.
Accounting Board Eyes Major Changes in Nonprofit Bookkeeping
The Financial Accounting Standards Board, the federally designated private body that sets out practices for financial reporting, is proposing new principles for nonprofits that could significantly affect how they present their fiscal health, reports Accounting Today.
India Sets Hurdles for Ford Foundation to Spend in Country
India’s government ordered one of the largest U.S. philanthropies to get official clearance before dispensing grants in the country, the latest in a series of steps by New Delhi to crack down on foreign funding of Indian activist and aid groups, the Associated Press reports.
Ill. Lawmakers Fast-Track Bill Backing Obama Library and Lucas Museum
The state’s House and Senate swiftly approved legislation Thursday aimed at providing legal protection for Chicago officials’ efforts to ensure President Barack Obama’s library and movie mogul George Lucas’s planned museum are built in the city, the Chicago Tribune reports.