Most CEOs Don’t Leave by Choice, Study Says
Only nine of 40 nonprofit leaders surveyed by a North Carolina State University researcher said they replaced a predecessor who retired voluntarily.
By HEATHER JOSLYN
Contributor
Regulators Say Limiting Donor ID Could Hit Anti-Fraud Work
State authorities charged with ferreting out nonprofit malfeasance are concerned their efforts could be hamstrung by legislation now before Congress that would lift the requirement that tax-exempt groups disclose major donors to the Internal Revenue Service, Reuters writes.
Aid Summit Produces ‘Grand Bargain’ to Cut Overhead Costs
Meeting in Turkey this week at the World Humanitarian Summit, governments and aid groups reached agreement on a plan to reduce relief groups’ administrative spending by about $1 billion a year and ensure more donor money reaches people in crisis, reports the Thomson Reuters Foundation.
Cash Giving to Poor Gains Ground but Fuels Backlash
New Republic magazine looks at the rising popularity of direct, unrestricted cash transfers to poor people and the pushback against the aid method among traditional relief agencies.
$34 Million, 3 Months, and a Chance for Change
In early 2015, an anonymous donor tapped the San Francisco Foundation to quickly find Oakland charities that could help shrink economic and health disparities in the city. Here’s how they did it.
By Rebecca Koenig
Contributor
Jeb Bush Returns to School-Reform Charity He Founded
The Foundation for Excellence in Education announced Tuesday that Mr. Bush, who left the group last year to run for president, has returned as its chairman and president, the Orlando Sentinel reports.
Grants Roundup: Taube Fund Gives $15 Million for Jerusalem Seminary
The grant will fund improvements at Hebrew Union College-Jewish Institute of Religion’s campus in Israel. Other notable awards include $35.5 million for Harvard research on preschool education.
By Rebecca Koenig
Contributor
Former Trustee Jailed in $52 Million Alaska Charity Fraud
Mark Avery was sentenced to 13-plus years after being convicted of using charitable funds for a spending spree on aircraft, boats, and personal expenses in the mid-2000s, The Boston Globe and Alaska Dispatch News write.
Trump Fulfills January Pledge of $1 Million for Veterans
Four months after telling a crowd about the donation at an Iowa rally, Donald Trump made good on the commitment Monday, according to The Washington Post, which has been closely following the Republican presidential candidate’s claims of giving to veterans groups.
Teresa Heinz to Turn Over Reins of $1.6 Billion Family Fund
Ms. Heinz’s three sons will take successive four-year terms leading the Heinz Endowments after she steps down in October after 25 years chairing the Pittsburgh-based foundation, reports the Pittsburgh Post-Gazette.