Giving Is Expected to Rise Nearly 5% This Year and Next, Study Predicts
Grant making, fueled by foundations’ market gains, likely to see the biggest growth, say researchers.
By Alex Daniels
Contributor
N.J. Charity’s Sandy Grant Fuels Probe of Lawmaker’s Spouse
The New Jersey Attorney General’s office is investigating a dispute between a housing nonprofit and a state legislator’s husband, whom the charity claims sought Hurricane Sandy relief funds to turn a shore bungalow into a luxury home, according to NJ Advance Media.
St. Louis Homeless Shelter Fights Order to Limit Intake
A long-serving shelter in St. Louis is resisting efforts by local officials and nearby property owners to sharply restrict the number of people it can take in, writes The New York Times.
Conn. Eyes Greater Financial Disclosure in Hospital Sales
Gov. Dannel Malloy proposed legislation that would require top officials at nonprofit hospitals being bought by for-profit entities to disclose financial benefits they would receive from the deals, the Associated Press writes.
Maine May Ask Politically Active Nonprofits to Disclose Donors
A Maine lawmaker has introduced a bill to require nonprofit groups that spend money on state political campaigns to disclose their own donors, the Sun Journal of Lewiston reports.
Nonprofit Calif. College Adopts ‘Benefit Corporation’ Model
Heralding a potential new third way between nonprofit and for-profit education, Alliant International University in California has become a public benefit corporation, embracing the emerging model of businesses beholden to social aims as well as the bottom line, Inside Higher Ed reports.
Amfar Makes $100-Million Push for an End to AIDS by 2020
Money from the pledge will go toward a new research institute and for grants to study the disease and to attract scientists from other fields to work with AIDS researchers.
By Alex Daniels
Contributor
Hungary Hits Critical Advocacy Groups with Tax Probes
At least seven Hungarian nonprofits that have taken foreign funds or criticized Prime Minister Viktor Orban’s government have been targeted by authorities for special tax investigations, and dozens more groups are facing audits, according to The Washington Post.
Obituary: Henry Segerstrom, Who Put Orange County on Arts Map
The real-estate mogul, whose property deals and cultural philanthropy remade Orange County from a Los Angeles bedroom community into a business and arts hub in its own right, died Friday at age 91 after a brief illness, the Los Angeles Times and the Orange County Register report.
Major N.Y. Charity’s Collapse Leaves Employees in Limbo
Hundreds of workers at Federation Employment and Guidance Services face uncertain futures as one of the New York City’s biggest social-service nonprofits closes up shop in the coming months, The New York Times writes.