Three Families Unite to Raise $30-Million for Aid to Veterans
The donors seek to pay a “moral obligation” to people who serve in the military and will urge other wealthy people to do the same.
Casey Fund to End Foster-Case Unit and Direct $20-Million a Year to Nonprofits
The Baltimore foundation wants to expand its support to a range of social-service groups as it ends direct services to more than 400 youngsters annually.
A Literary Museum Finds Rumors of Its Death Greatly Exaggerated
The Mark Twain House and Museum slashed its staff and then put new money into programs and marketing that have helped steady its finances.
A Health Clinic Opens Its Doors to All and Sheds Unneeded Programs
Whitman-Walker Health was able to bolster its finances by opening its doors to more people and getting rid of programs that other groups already offered.
Ex-Bank Executive Will Lead Woodruff Arts Center
Virginia Hepner, a business consultant who worked 25 years in the banking industry, has previous experience in arts administration.
Million-Dollar Donations Are on the Decline in 2012
Gifts from January 1 to June 15 this year totaled $2.5-billion, down from $2.7-billion in the same period last year.
Most Rich Americans Believe in Teaching Children About Giving
Affluent women are far more likely than men to believe that people of wealth have a duty to push social change, a new study finds.
Foundation Giving Did Not Keep Pace With Inflation in 2011
The Foundation Center survey shows grant makers gave $46.9-billion last year, 2 percent more than in 2010. But when inflation is taken into account, their giving dropped.
Big Companies Slowly Increase Their Charitable Giving
Companies still have a lot more to do to make up for deep cuts they made in philanthropy during the recession, new study finds.
X Prize Will Seek Solutions to Poverty
The Robin Hood Foundation has raised $19-million to get a competition off the ground for the best ideas.