Miami Charities Face Increased Competition
Miami-Dade County has added nearly 1,700 nonprofit groups since 1999, a 30 percent jump, causing intense competition for private funds, which have not kept pace, reports The Miami Herald. Hospitals, healthcare providers, and other human-service organizations account for over 1,000 of the new…
Charitable Tax Break Spreads Confusion
A new tax break that allows people 70 1/2 years and older to donate up to $100,000 tax-free from their individual retirement accounts has generated as much confusion as philanthropy, reports The New York Times. Many financial firms, which manage the accounts, have resisted transferring funds to…
Drunken Bet Leads to Big Donation
An accountant in Sheffield, England, has fulfilled a promise he made—at a pub after having enjoyed a few pints—to climb Mount Kilimanjaro as a way to raise money for a local greyhound charity, reports the Yorkshire Post. Nigel Troth, 45, slept through sub-zero nights and fought off freezing rain…
Clinton Foundation Announces Deal on AIDS Drugs
Clinton Foundation deal will cut price of AIDS drugs
San Francisco Residents Given a Say in Allocation of Preservation Grants
Nearly 200,000 people took part in a recent experiment by preservation charities that divvied up $1-million by letting random citizens at kiosks vote on how they thought the money would be best spent, reports The Wall Street Journal. The kiosks were set up in coffee shops, and anyone who happened…
British Charity Takes New Approach to Stemming Pollution
A British charity trust has announced plans to buy carbon-emission credits and sit on them, hoping that the law of supply and demand will make it prohibitively expensive for companies to pollute, reports Edie News. Pure, the trust, will purchase credits in the “carbon market,” where companies trade…
Charity Low-Cost Laptop Project Questioned
Charity builds low-cost laptops, but questions remain