Harvard Taps Oil-Industry Veteran for Top Finance Post
Thomas Hollister, who served for seven years as operations and finance head for oil distributor Global Partners, will become chief financial officer at Harvard University, a locus of climate activists’ efforts to promote institutional divestment from fossil-fuel industries, Bloomberg reports.
Hostages Killed in Drone Strike Were Devoted to Aid Work
The New York Times profiles humanitarian workers Warren Weinstein and Giovanni Lo Porto following President Barack Obama’s admission Thursday that they were killed in a January drone attack on an Al Qaeda compound in Pakistan.
In Higher Education: Big Gifts for Bryn Mawr and U. of Oklahoma
Bryn Mawr College announced a $15 million donation Thursday from the estate of a pioneering businesswoman who graduated from the institution in 1931, The Philadelphia Inquirer writes, and the University of Oklahoma has received gifts totaling more than $30 million to establish a new school of biomedical engineering, The Oklahoman reports.
People in Philanthropy: New CEO at Asian-American Grant-Makers Group
Other changes include new leadership at the American Jewish World Service and the Pulitzer Arts Foundation.
By Rebecca Koenig
Contributor
Online Revenue Surges 13% for Nonprofits, Study Says
Small groups raised an average of $124.12 for every 1,000 fundraising messages, compared with $25.40 for large groups.
By Rebecca Koenig
Contributor
Book Links Clinton Foundation Gifts to Russian Uranium Deal
The State Department under Hillary Clinton’s watch signed off on Russia’s acquisition of a major uranium producer whose leader donated more than $2 million to the Clinton Foundation, a tie disclosed in a new book on the Clinton family’s financial dealings, The New York Times and The Wall Street Journal report.
Clinton Groups to Refile Tax Returns to Fix Reporting Errors
The Clinton Foundation and a subsidiary charity will revise at least five recent tax returns to correct errors in the their reporting of contributions from governments, including under- or overreporting donations by millions of dollars, Reuters writes.
Calif. Hospital Chain Cuts 280 Jobs After Scotched Sale
Catholic health system Daughters of Charity is eliminating about 4 percent of its 7,000-strong work force following the collapse last month of its proposed acquisition by a for-profit hospital network, San Francisco Business Times writes.
Veterans’ Disaster-Relief Group Among Heinz Award Winners
Two ex-Marines who helped launch a charity that organizes military veterans for rapid response to humanitarian emergencies are among the 2015 recipients of the Heinz Awards, which honor innovation in addressing critical global problems, reports the Associated Press.
National Actors’ Union Sets Minimum Wage for Small L.A. Stages
Los Angeles theaters with fewer than 100 seats will have to begin paying at least $9 an hour to performers for any work they do on a production under a minimum-wage policy approved this week by the Actors’ Equity Association, the Los Angeles Times reports.