Fraud Case Prompts Series of Seminars to Train Board Members in West Virginia
The State of West Virginia is teaming up with a nonprofit leadership-training group to offer a series of free, one-day seminars covering the financial, legal, and ethical responsibilities of charity board members. The move comes just weeks after the high-profile trial in federal district court of…
By BRENNEN JENSEN
Contributor
A New Report Sheds Light on Nonprofit-Accountability Practices
Making some of the provisions of the federal Sarbanes-Oxley Act mandatory for nonprofit organizations would ALSO SEE: Chart: Nonprofit Groups and Accountability Practices require substantial numbers of groups to alter their practices, says a new report. But imposing some other provisions on…
By GRANT WILLIAMS
Contributor
How The Chronicle’s Survey of Pay at Big Nonprofit Groups Was Conducted
The Chronicle’s 14th annual salary survey presents compensation information for top officials at 332 charities and foundations in the United States. Most of the organizations included on the list appeared last year on the Philanthropy 400, The Chronicle’s ALSO SEE:DATABASE: Executive Compensation…
By Noelle Barton
Contributor
Top Nonprofit Executives See Healthy Pay Raises
Salaries increased by 4.8% in 2005, Chronicle survey finds; officers at hospital and arts groups topped the list of highest earnersThe median pay of leaders of the nation’s largest nonprofit organizations rose faster than inflation last year, according to The Chronicle’s 14th annual survey of…
By Maria Di Mento and Alvin P. Sanoff
Nonprofit Seattle radio station offers monthlong publicity campaigns to local organizations Ann Muno, a charity leader in Seattle, has learned the hard way that free publicity isn’t always as good a deal as it seems. A few years ago, producers of a local television show invited representatives from…
By EMAN QUOTAH
Contributor
Grants to Help Charities Improve Operations Are on the Decline
Foundation grants to help charities improve the way they operate rose sharply from 1998 to 2002 and are now on the decline, according to a new report from the Human Interaction Research Institute, in Encino, Calif. In 2004, more than $5.9-billion in such grants were awarded, down from $6.5-billion…
By BRENNEN JENSEN
Contributor
$100-Million Pledged to Yeshiva University by Businessman on Its Board for 30 Years
Ronald P. Stanton, a New York businessman, has pledged $100-million to Yeshiva University, in New York. The money establishes the Ronald P. Stanton Legacy, a fund that the president of the university can tap into to start new projects. Mr. Stanton told the university he didn’t want to earmark the…
By Anne W. Howard
Contributor
Africa Project to Receive $50-Million; Other Big Gifts
Nine institutions have received big gifts: The financier George Soros pledged $50-million over five years to Millennium Promise Alliance, in New York, to support the Millennium Villages Project, an effort to fight poverty in sub-Saharan Africa. This project works in 79 villages in 10 countries to…
Foundations Give $150-Million for African Agriculture
The Bill & Melinda Gates Foundation and the Rockefeller Foundation have started a $150-million effort to help African countries grow more food by developing new crop varieties and improving farming techniques. The grant program, called the Alliance for a Green Revolution in Africa, updates and…
By BRENNEN JENSEN
Contributor
25 MacArthur ‘Genius Prizes’ Recognize Exceptionally Creative Americans
The John D. and Catherine T. MacArthur Foundation, in Chicago, has announced the 25 recipients of its 2006 MacArthur Fellowships. The fellowships, often referred to as “the genius awards,” recognize people in a broad range of disciplines who show exceptional creativity and the potential for…
By MARTY MICHAELS
Contributor