New Credit Card Directs Cash-Back Rewards to Causes
Looking to generate social benefit out of credit-card rewards many consumers leave on the table, public-benefit corporation Charity Charge is producing a card that steers 1 percent of all purchases to nonprofits of the customer’s choice and levies no donation-processing fees, writes Fast Company.
National Center for Learning Disabilities and VillageReach Get New Leaders
Also, Charity Navigator’s founder retires from the watchdog’s board and three leaders leave the Metropolitan Museum of Art.
By ANAIS STRICKLAND
Contributor
Couple Who Escaped Nazis Leave $400 Million to Israeli University
The late Howard and Lottie Marcus, who met and married in the United States after fleeing Hitler’s Germany, were longtime benefactors of Ben-Gurion University of the Negev.
By Maria Di Mento
Senior Editor
Foundation Plans Surge of Grants for Social Entrepreneurs
Draper Richards Kaplan, which provides unrestricted grants of $300,000 and other support, plans to back 100 new ventures in the next five years.
By NICOLE WALLACE
Features Editor
Amid Capitol Hill Criticism, Red Cross Board ‘100 Percent’ Confident in CEO
The charity’s governors issued a strong statement of support for Gail McGovern in the face of Sen. Charles Grassley’s scathing verdict on its disaster response.
By Rebecca Koenig
Contributor
Charity Navigator Founder Hands Control to Tech-Savvy Successor
John (Pat) Dugan believes nonprofits are a safer bet for donors than when he started the watchdog group in 2001.
By Eden Stiffman
Senior Editor
Incentive Pay Helps Retain College Fundraisers, Survey Says
Higher-education institutions report that incentive compensation is more likely to help keep talent than expectations alone.
By Eden Stiffman
Senior Editor
Studies Show Americans More Likely to Give Than to Vote
Nearly 60 percent of Americans donated to a cause in 2012, compared to 53.6 percent who cast their ballots in that year’s presidential election, The Huffington Post writes, citing research on both modes of civic participation.
Smithsonian Needs $1 Billion for Air and Space Museum Work
The head of the Smithsonian told Congress he will seek to raise $250 million in private funding to cover a chunk of renovation costs for the 40-year-old museum, writes The Washington Post.
$25 Million Gift Puts Business Mogul’s Name on Carnegie Hall Boxes
The donation from Len Blavatnik and his family foundation nearly doubles the take to date in the venue’s $125 million capital campaign, according to The New York Times.