Museums Court Aspiring Lawyers
Arts institutions in New York City are increasingly pairing with law firms in an effort to turn the firms’ summer associates into future donors, reports The New York Times. Nine cultural institutions, including the Metropolitan Museum of Art, the Museum of Modern Art, the Guggenheim Museum, and the…
Donors Use Charities as Garbage Dumps
Donors regularly give misfit items, stained clothes, or other useless items to charities that collect goods, forcing the organizations to spend thousands on trash removal, reports the Star Tribune, in Minneapolis. Goodwill/Easter Seals Minnesota, for example, spends about $600,000 a year to take…
Philanthropist Rejects L.A. in Favor of Denver
The Denver businessman Philip Anschutz has donated nearly $110-million from 1998 to 2004 through his foundation, with about 80 percent of the money going to charities in Colorado, reports the Los Angeles Times. He has spent about $23-million over the last decade on two charities designed to promote…
Famine in Africa Requires New Approach, Charity Says
Charity calls for overhaul in approach to fighting hunger in Africa
Lilly Endowment to Sell $2-Billion in Company Stock
Lilly Endowment to sell $2-billion in company stock
Nonprofit Hospitals Face Scrutiny
Nine of the 12 hospitals in South Florida that are faring the best financially are nonprofit hospitals, and they expect to face scrutiny as the Internal Revenue Service begins to ask just what such organizations do to receive tax-exempt status, reports The Miami Herald. Elsewhere in the country,…
Challenges for the Gates Foundation
The Bill & Melinda Gates Foundation, the world’s richest charity, sees a limit to what it can do, which is why it has set its sights on improving global public health but has steered away from more conventional methods of aid, reports The Washington Post. Instead of supplying Africa’s AIDS…
Federal Official’s Family Foundation Questioned
Federal official’s family foundation under scrutiny