Nonprofit Hospital Faces Tax-Exemption Limbo
Provena Covenant Medical Center, in Urbana, Ill., is facing a financial crisis after being required to pay $6-million in property-tax bills that date back to 2003, when the organization’s tax-exempt status was questioned, reports the Chicago Tribune. Three years ago the Champaign County Board of…
Nation of Eritrea Expels Three Charities
The African country of Eritrea has ordered three international charities—Mercy Corps, Concern, and Accord—to leave its borders, saying the organizations were not properly registered with the Ministry of Labor and Human Welfare, reports Reuters. The three groups are the latest in a long list of…
Hip-hop musician Wyclef Jean has earned praise from the Haitian people and the World Bank for his charitable efforts in the impoverished island nation, reports The Christian Science Monitor. Last year, Mr. Jean, who is one of the founding members of the Fugees, formed the Yéle Haiti organization to…
Size Of Median Grants at 111 Big Foundations
SIZE OF MEDIAN GRANTS AT 111 BIG FOUNDATIONS 2005 2004 Marguerite Casey Foundation (Seattle) $1,500,000 $100,000 Edna McConnell Clark Foundation (New York) $1,000,000 $750,000 Goizueta Foundation (Atlanta) $800,000 $1,000,000 Lemelson Foundation (Incline Village, Nev.) $640,000 n/a W.M. Keck…
How Much Foundations Plan to Give in 2006
HOW MUCH FOUNDATIONS PLAN TO GIVE IN 2006 2006 budget Percentage change from 2005 J.A. and Kathryn Albertson Foundation (Boise, Idaho) $23,425,000 (P) -2.1% Altman Foundation (New York) 11,500,000 (P) +3.2 Annenberg Foundation (Radnor, Pa.) 275,000,000 (P) +9.3 Barr Foundation (Boston) 40,000,000…
How Much Foundations Spent on Administration and Compensation
HOW MUCH FOUNDATIONS SPENT ON ADMINISTRATION AND COMPENSATION Administrative costs Compensation costs Grants paid Percentage of a grant dollar spent on administrative costs Percentage of a grant dollar spent on compensation J.A. and Kathryn Albertson Foundation (Boise, Idaho) $1,500,000 $85,000…
A Resource for Charities Seeking Partnerships With Businesses
Part of the Solution: Leveraging Business and Markets for Low-Income People, by John Weiser, reports on an eight-year project of the Ford Foundation to study how corporations and charities work together. The foundation surveyed 52 of its grantees and their collaborative work with businesses,…
By M.J. Prest
Senior Editor, Solutions
Grant Making to Gay and Lesbian Causes Down in 2003
Lesbian, Gay, Bisexual and Transgender Grantmaking by U.S. Foundations examines giving to gay and lesbian causes in 2003. According to the report, 154 grant makers made 1,657 grants totaling nearly $28.7-million that year, a 4-percent decline from 2002. Organizations that focus on civil rights…
By M.J. Prest
Senior Editor, Solutions