Giving to Church-Led Charities Declines
Protestant churches continue to face trouble persuading members to increase the share of their incomes they donate to churches and their charitable activities. An analysis of more than 100,000 Protestant congregations shows that church members gave an average of 0.38 percent of their income in 2004…
By Harvy Lipman
Contributor
Illinois Strips Hospital of Property-Tax Exemption
The State of Illinois last week upheld a 2003 decision stripping the Provena Covenant Medical Center, in Urbana, of its exemption from property taxes, a ruling that comes as Congress is examining whether to redefine how hospitals must behave to avoid paying taxes. Brian Hamer, the state’s director…
By Harvy Lipman
Contributor
Pay Gap Narrows for Male and Female Nonprofit Executives, Study Finds
Female executives of nonprofit organizations earned less than their male counterparts last year, ALSO SEE:Article: Differences in Pay for Men and Women in Top Charity Jobs a new study has found, but the gap in pay has closed significantly in the past five years. The median compensation of male…
By Harvy Lipman
Contributor
California Reprimands J. Paul Getty Trust and Appoints an Independent Monitor
After spending more than a year investigating the J. Paul Getty Trust, California’s attorney general, Bill Lockyer, issued a report concluding that the organization’s trustees wrongly allowed the institution’s president to spend money on travel and other expenses. In addition, he chided the trust…
By Harvy Lipman
Contributor
Utah’s Wealthy Give More Than Rich People Elsewhere
Charitable giving would jump by $27.5-billion a year if every wealthy American donated at the same ALSO SEE:Chart: State-by-State Rankings of Generosity Among the Wealthy rate as the most-affluent people in the nation’s five most-generous states, according to a new study by a San Francisco charity.…
By Harvy Lipman
Contributor
Health-Care Endowments See Earnings Grow by 6.3%
Endowment investments at nonprofit health-care organizations grew by 6.3 percent in 2005 — slower growth than in past years and a mirror of how the stock market has been faring, according to a new study by the Commonfund Institute. Last year’s returns were down from an average of 8.2 percent in…
By Harvy Lipman
Contributor
Charities have distributed almost all of the $2.2-billion donated to help people who suffered after the terrorist attacks Almost all of the $2.2-billion that American charities raised to help victims of the September 11, ALSO SEE:List: Charities and the Terrorist Attacks: Where the Money…
By Harvy Lipman
Contributor
$37-Billion in Noncash Gifts Donated by Americans
By Harvy LipmanAmericans reported giving $36.9-billion in noncash donations to charity on their federal tax ALSO SEE:Statistical Data: Charitable Giving at Major CorporationsArticle: A Surge in Corporate GivingArticle: Company Gives Money to Charities Where Employees VolunteerArticle: Wal-Mart…
By Harvy Lipman
Contributor
The $3.3-billion collected for Katrina victims will not be enough to meet all their needs, charities sayIn the year since Hurricane Katrina devastated New Orleans and surrounding areas of the Gulf Coast, ALSO SEE:List: Fund Raising for Hurricane Katrina: a Sampling of Charity EffortsSpecial Report:…
By Harvy Lipman
Contributor
Bush-Clinton Katrina Fund Roiled by Disputes Over Aid to Religious Groups
The head of the Bush-Clinton Katrina Fund resigned under pressure last month, shortly after seven prominent religious leaders stepped down from one of the charity’s advisory committees in anger over the nonprofit group’s activities. The religious leaders said that the fund’s staff had ignored their…
By Harvy Lipman
Contributor