Metropolitan Opera Forecasts Big Jump in Budget Deficit
Amid contentious labor talks between the Met and its workers’ unions, a newly released financial disclosure predicts the opera’s deficit for the fiscal year that ended July 31 will be “significantly larger” than the previous year’s shortfall of $2.8-million, The Wall Street Journal reports.
Tex. Faith Charity Takes Lead Role in Housing Migrant Kids
BCFS, a San Antonio-based Baptist nonprofit started 70 years ago to run a home for orphans, has emerged as a key player in the government’s response to the surge of unaccompanied migrant children coming into the country, receiving more than $280-million in contracts to house the minors, writes Time magazine.
Wave of N.Y.-Area Hospital Mergers Brings Fear of Cost Spike
A surge of consolidation among primarily nonprofit hospitals in New York and New Jersey is raising concerns that the shifts will increase health-care costs and affect care, writes The Wall Street Journal.
L.A. Lobbyist Charged in Alleged Nonprofit Embezzlement
A former lobbyist and adviser to a Los Angeles City Council member was charged Tuesday with taking part in a scheme to funnel public monies to another city official via a nonprofit organization, the Los Angeles Times reports.
New Zealand Court Says Greenpeace Can Seek Charity Status
The country’s Supreme Court ruled Wednesday that engaging in political advocacy should not bar Greenpeace from registering as a charity, ending a lengthy regulatory and judicial battle over the environmental activist group’s status, The New Zealand Herald reports.
GE Foundation Commits $20-Million to Maternal and Child Health in Africa
The five-year commitment was announced at the start of the U.S.-Africa Leaders Summit.
By Megan O’Neil
Contributor
Audit Slams Spending by Calif. Arm of Federal Charity Drive
About half of $4-million in expenses claimed over seven years by the organization that ran the U.S. government’s workplace charity campaign in California was misspent or unaccounted for, The Washington Examiner writes, citing a federal inspector general’s report.
Calif. Hospital to Add Research Hub with $120-Million Gift
Rady Children’s Hospital in San Diego will receive $120-million from its chief benefactor, California businessman Ernest Rady, to launch a center for research and innovation in genetics-based pediatric medicine, U-T San Diego and KPBS report.
Court Backs Rauschenberg Trustees in Fight With Foundation
A Florida judge has awarded $24.6-million to the three trustees Robert Rauschenberg appointed to administer his estate, rejecting claims by the late artist’s charitable foundation that they were seeking wildly inflated remuneration for their work, reports The New York Times.
Lawsuit: N.Y. Charity Threw Parties While Missing Paychecks
A suit filed Monday by five ex-employees of a politically connected Queens nonprofit charges that the organization hosted lavish parties for its leaders’ friends while failing to pay more than $250,000 in wages, writes the New York Daily News.