25% of Charities Have Changed Investing Policies
More than one out of four nonprofit groups have revised their investment policies within the last year, according to a new survey. That trend is certain to pick up in the coming months, say the researchers who oversaw the report. “We’re starting to capture the reaction of not-for-profits to what is…
Fund-Raising Companies Keep the Majority of Donations, Say Three New Studies
Professional solicitors hired to raise money on behalf of charities keep a hefty portion of the donations for themselves, according to three new reports from officials in California, Massachusetts, and New York. In two of the states, the average share kept by the fund-raising companies to cover…
A group that serves adults with mental disabilities in California is rushing to find a new lender after a financial-services company abruptly pulled a line of credit that the charity taps monthly to pay salaries until state grant money arrives. An arts organization in the Northeast has been forced…
Charities Revamped Investment Policies in 2008, Survey Finds
Charities revamped investment policies in 2008, survey finds
Economy Has Harmed Finances of Many Charities
More than half of the charities in a new national survey say the country’s economic woes have led to cuts in the money they receive from private and government sources, and a quarter of those surveyed report that they have already obtained a line of credit to keep up with expenses. The survey…
‘Angelic’ View Clouds Approach to Nonprofit Research, Speakers Say
Too many nonprofit scholars are boosters, ignoring the serious problems that mar the nonprofit world, and the organizations that are involved in activities that harm society, says a prominent philanthropy researcher. David Horton Smith, founder of the Association for Research on Nonprofit…
Grant Makers Still Lag In Providing Essential Support, New Reports Find
Foundation leaders say they want the organizations they support to be as strong and effective as possible, yet few grant makers engage in the practices they identify as being essential to helping the charities succeed, according to two new reports. One of the reports, from the Washington group…
Companies Increased Giving Last Year, SurveyFinds
Companies increased giving last year, survey finds
Bequests, celebrities, foundations, and the economy examined by nonprofit scholars
More Charities Report a Drop in Gifts This Year, Report Says
More than one-third of American charities say they have collected fewer dollars so far this year than in 2007, nearly double the share that saw such declines last year, according to a new survey. What’s more, almost half of the charities that say they rely heavily on end-of-year gifts expect…