A Heritage of Generosity at Risk in the Twin Cities
Minneapolis and St. Paul were once in the top ranks for fundraising, but a sluggish economy and sense of complacency among donors caused the region to drop to No. 30 among big urban areas.
Rich Enclaves Are Not as Generous as the Wealthy Living Elsewhere
A Chronicle study finds that the nation’s most-generous neighborhoods aren’t the richest and that when at least 40 percent of an area is rich, the share of income residents give declines.
Wealthiest Don’t Rate High on Giving Measure
Regional differences in giving are stark, a Chronicle study finds, and that leaves some places unprepared for the deep government cuts expected in coming years.
N.Y. Will Soon Require Many Charities to Justify High CEO Pay
The state’s effort to rein in salaries of $199,000 or more is considered among the toughest actions taken by government officials.
IRS Urged to Reduce Paperwork Burden on Charities
At a hearing in the House of Representatives called by Rep. Charles W. Boustany Jr., nonprofit experts also suggested tougher standards for granting tax exemptions.
In Boston, a Fund Seeks Promising Nonprofits to Tackle Social Ills
The GreenLight Fund, founded by a Boston venture capitalist, seeks out one innovative group a year. The effort is now expanding to other cities.
Searching for Solutions: One Fund’s Approach to Finding Top Charities
In importing new charity programs to Boston, GreenLight vets candidate organizations thoroughly to make sure their services are a good fit in the community.
$1-Million Settlement in ‘Three Cups’ Scandal Offers Warning to Boards
A state regulator’s investigation of Greg Mortenson, founder of the Central Asia Institute, drives home the importance of appointing trustees who can stand up to charismatic leaders, experts say.
Economy’s Strain Puts New Demands on Leaders
A new study of 4,600 charities shows a continued grim picture of rising demand for aid and a shortage of cash. But it also points to what matters most in tough times: a strong board and chief executive.
Foundations Face Growing Turnover, Causing Instability for Many Charities
The weak economy is one reason the median tenure in the job is now just three years. But it’s also because of term limits imposed by grant makers like the Hewlett Foundation, where Jacob Harold’s term expires in 2014.