Nonprofit Groups Ask IRS to Increase Enforcement
A leading coalition of nonprofit organizations says the Internal Revenue Service isn’t paying enough attention to charities. Independent Sector, a Washington coalition of major charities and foundations, has written letters to the Congressional subcommittees that oversee IRS spending to say that…
By Elizabeth Schwinn
Contributor
Social Entrepreneurs Seek New Investments to Reach a ‘Tipping Point’
On Oxford University’s 900-year-old campus, nonprofit leaders and others interested in the relatively new field of social entrepreneurship grappled with the need for more money to finance growth, the field’s relationship with business, and the very definition of what it means to be a social…
By NICOLE WALLACE
Features Editor
Financing Technology Projects Is a Struggle, Charities Say
A year and a half after Katrina showed how vital technology is to nonprofit organizations’ survival, money to pay for those much-needed systems is still hard to come by, Melissa S. Flournoy, president of the Louisiana Association of Nonprofit Organizations, in Baton Rouge, told participants at the…
By NICOLE WALLACE
Features Editor
A Bay Area social-service group retools — and grooms leadersFor months after Clemence Casperian arrived here from the Philippines in 1989, she and her husband, a taxi driver, scraped to get by. They lived in a tiny apartment in the middle of the hardscrabble Tenderloin district, and Ms. Casperian…
By Michael Anft
Contributor
How Charities Can Get What They Want When They Hire Fund-Raising Consultants
Finding the right consultant can be difficult, but experienced fund raisers say ALSO SEE:ARTICLE: Bad Consultant Confidential the following steps can help charities hire the best expert for their money: Ask around. In addition to checking references provided by a consulting firm, and its…
By PETER PANEPENTO
Contributor
How charities cope when outside help isn’t helpfulWhen Kristy Gibbs accepted a fund-raising job last year at a social-services charity in Washington, she was pleased ALSO SEE:ARTICLE: How Charities Can Get What They Want When They Hire Fund-Raising Consultants to learn that the organization had…
By PETER PANEPENTO
Contributor
High Point U. Receives $15-Million Donation From Furniture Executive; Other New Gifts
Four institutions have received big gifts: High Point University, in North Carolina, has received an unrestricted gift of $15-million from David R. Hayworth, former chief executive officer of Alma Desk Company, an office-furniture manufacturer in High Point. The gift will help build new facilities,…
$400-Million Pledge to Aid Students at Columbia U.
The media magnate John W. Kluge has promised to provide $400-million to Columbia University when he dies, the largest gift a living donor has pledged to an American college or university, according to The Chronicle of Higher Education. Mr. Kluge, a 92-year-old self-made billionaire who attended the…
By Anne W. Howard
Contributor
Big Grants from Foundations: a Snapshot From History
While the Robert Wood Johnson Foundation’s $500-million commitment to combat childhood obesity ALSO SEE:ARTICLE: Grant Maker Pledges $500-Million to Help America’s Kids Slim Down is one of the largest made for a single cause, it is not the biggest in history. The Bill & Melinda Gates Foundation, in…
By MARTY MICHAELS
Contributor
Foundations Seek to Tie Investments to Their Charitable Missions
A growing number of foundations are making loans or investments to achieve their charitable goals, says a new report. The report, which examined 92 philanthropies, says the number of funds involved in so-called mission-related investing doubled in the last 10 years, with 42 active in such…
By Ian Wilhelm
Contributor