Nonprofit Radio Network Pacifica Fires Executive Director
In the latest sign of turmoil at Pacifica, the donor-supported, politically progressive radio network has fired the executive director formally installed in the post four months ago, reports The New York Times.
College Museum Sanctioned for Selling Art to Boost Endowment
The Association of Art Museum Directors asked member institutions to suspend collaboration with the Maier Museum of Art at Virginia’s Randolph College over the $25.5-million sale of a painting to London’s National Gallery of Art, The Art Newspaper and The News & Advance of Lynchburg, Va. report.
Twombly Foundation Directors to Leave Board in Settlement
Two members of the Cy Twombly Foundation board will give up their seats as part of a settlement of a bitter internal feud that spilled into court and divided the late artist’s charity, reports The New York Times.
Azrieli Donates $230-Million Company Stake to Foundation
Canadian-Israeli property tycoon David Azrieli, whose family announced plans earlier this month to dramatically ramp up giving, donated a 5.7 percent stake in his real estate and industrial holding firm to the family philanthropy, Reuters reports.
Conn. Legislative Leader Calls for Taxing Big Nonprofits
Connecticut’s House speaker has submitted legislation that would make the state’s nonprofit hospitals and colleges fully liable for property taxes on their holdings, writes the New Haven Register.
St. Louis Eyes Nonprofit Takeover of Troubled Schools
Superintendent Kelvin Adams unveiled a proposal Thursday that could see the city turning over control of chronically low-performing public schools to nonprofit entities, following a growing trend in large urban districts, the St. Louis Post-Dispatch reports.
Carlyle Group Leaders Set Giving Pace for D.C. Billionaires
The Washington Post tracks the philanthropic habits of the 16 D.C.-area residents among the 1,645 billionaires on the latest Forbes list of the world’s richest people.
Fiesta Bowl Scandal Sends Nonprofit Game’s Ex-Boss to Jail
Former Fiesta Bowl chief executive John Junker was sentenced Thursday to eight months in prison for conspiring to solicit political contributions from employees of the nonprofit college football contest, The Arizona Republic and Reuters report.
Wendy’s Raises Profile of Late Founder’s Adoption Campaign
After decades of campaigning in relatively low-key fashion on adoption, the fast-food chain is launching a major online and advertising effort to promote its founder Dave Thomas’s chief philanthropic cause, according to The New York Times.
Art Sales Boost Transformation of Paul Taylor Dance Group
The Paul Taylor Dance Company, one of the premier names in modern dance, will remake itself next year with the help of millions of dollars from the sale of modern-art masterworks from its namesake’s collection, writes The New York Times.