Bad Currency Bet by Staff Member Costs Greenpeace $5-Million
The global environmental organization said it fired an employee in its finance office who exceeded his authority in making a large and ultimately mistaken wager that the euro would not gain ground against other currencies last year, reports the Associated Press.
Amid Labor Fight, Met Opera Reveals Manager Earned $1.8-Million
The Metropolitan Opera, which is seeking pay concessions from workers who have threatened to strike over the cuts, paid its general manager, Peter Gelb, $1.8-million in salary and benefits in 2012, The New York Times reports.
U. of Hawaii Gets $40-Million Donation for Marine Research
The five-year grant from the Simons Foundation will support studies of microscopic organisms in seawater and how they operate to sustain oceanic ecosystems, the Honolulu Star-Advertiser reports.
Boston Schools Seeking $25-Million from Private Donors
The three-year campaign is tapping philanthropists, nonprofits, and businesses for funds to improve recruitment, retention, and training of teachers and principals, writes The Boston Globe.
Golf Events Are in Greater Play for Charity Causes
Such tournaments are flowering as a way for nonprofits to attract new and often affluent supporters, fueling competition to draw golfers to the events, writes The New York Times.
Obituary: Jim Rogers, Advocate and Patron of Higher Education
Mr. Rogers, a media mogul who plowed much of his fortune into supporting higher education and served as chancellor of the University of Nevada system, died at his Las Vegas home after a bout with cancer, the Associated Press reports. He was 75.
Corporate Giving Declines 3.2%; Donor-Advised Funds Up Sharply
Individuals powered the 3 percent growth in giving last year, but foundations also contributed to the rise, according to “Giving USA.”
By Alex Daniels
Contributor
Charities Try New Strategies as Fundraising Rebounds
Contributions grew 3 percent last year, according to “Giving USA,” and giving could return to pre-recession levels soon.
By Alex Daniels
Contributor
Smile Train Collaborates With Major Sports Events to Power Up Donor Interest
The group works with high-profile events like Wimbledon as well as volunteers who offer a tennis lesson or other service in exchange for a donation.
By Alex Daniels
Contributor
Miami Group Hopes Steadfast Community Support Through Lean Times Motivates Jewish Donors
As the economy improves, the Greater Miami Jewish Federation hopes to persuade every local Jew to give.
By Alex Daniels
Contributor