Blue Shield of California Loses State Tax-Exempt Status
The California Franchise Tax Board quietly stripped the state’s third-largest health insurer of its tax-exempt status in August without citing reasons for the unusual move, the Los Angeles Times reports.
Largest Presbyterian Denomination Approves Same-Sex Marriage
On Tuesday, members of the Presbyterian Church (U.S.A.) approved a change to the church’s constitution to broaden its definition of marriage to include same-sex couples, The New York Times reports.
Studies Suggest Microloans May Not Live Up to Expectations
A collection of six independent studies published in The American Economic Journal suggest that microlending may not be providing the income boost once expected, The Wall Street Journal reports.
New Contest Lets Start-Up Nonprofits Pitch Plans to Investors
The brainchild of a Boston venture capitalist gives nonprofits a chance to explain their missions to people who will invest in the most promising plans, The Boston Globe reports.
A YMCA and a Hospital Receive $40 Million Each From Oil Heiress
Ruth Bedford left the money to two Connecticut nonprofits her family long supported.
By Maria Di Mento
Senior Editor
3 Major Boston Museums Looking for New Leaders
The upcoming changes raise questions about the shifting role of museum directors and the future of the city’s cultural landscape, WBUR reports.
Calif. Ban on Judges’ Boy Scouts Membership Raises Questions
California judges who are members of the Boy Scouts of America have until January 2016 to cut ties, but some say that ruling interferes too much in their private lives, according to NPR.
Dot-Org No Longer Sole Charity Identifier: Dot-NGO Arrives Today
The new system is designed to vet charities around the world and help donors find legitimate groups to support.
By Rebecca Koenig
Contributor
Despite Ebola Scare, Partners in Health Will Stay in West Africa
The Boston charity will continue its efforts to fight the virus in Sierra Leone and elsewhere, even as one of its workers is ill with the disease and others are being monitored after potential exposure, The Boston Globe reports.
Author Says Feasibility Studies for Capital Campaigns Are a Waste
A nonprofit official calls them the “crack cocaine of nonprofit consulting” in a book that is sure to draw controversy.
By Holly Hall
Contributor