More European Museums Turning to U.S.-Style Fundraising
With European governments’ austerity budgets cutting into cultural funding, major art museums abroad are increasingly seeking to tap private philanthropy along the American model, writes The New York Times as part of a package of articles on trends in the museum world.
Nonprofit Revenue Climbs but Slower Than Before the Recession
A study that looked at the informational tax forms for 80 percent of active nonprofits found that nonprofit revenue grew 2.7 percent in 2014.
By Alex Daniels
Contributor
Other awards include a $10.9-million grant from the Walmart Foundation to the Chicago Cook Workforce Partnership to provide education and employment services for retail workers.
By Eden Stiffman
Senior Editor
Hot Real-Estate Market Pounds Nonprofit Renters and Rewards Owners
Soaring property values are creating a “displacement crisis” for many nonprofits that use rented space. Others that own their own buildings are jumping on the chance to sell — and score a windfall.
By Rebecca Koenig
Contributor
Wounded Warrior Emails Pin Troubles on Media ‘Agenda’
In emails to staff following the firing of two top executives last week, leaders of the embattled veterans charity defended its work and expressed anger over media investigations that plunged the organization into controversy, according to Jacksonville, Fla., TV station WJXT.
Citigroup Offering Young Bankers Year Off for Service Work
The banking giant unveiled a program Wednesday designed to recruit and retain millennials that includes an option for junior employees to take 12 months off to work for a nonprofit, reports The Wall Street Journal.
Nonprofit Boards Missing Financial Red Flags, Report Says
A new assessment of New York charity operations warns that the collapse last year of one of the city’s biggest social-service providers could be a harbinger if boards do not improve their financial oversight and risk management, Politico New York writes.
Wallace Foundation Commits $47 Million for Principal Preparation
The five-year investment aims to improve university-level programs for training school principals, reports The Washington Post.
Many Nonprofits Lack Necessities of Sound Leadership, Report Says
A high percentage don’t have strategic goals for their organizations or succession plans for their top leaders, imperiling their long-term survival.
By Rebecca Koenig
Contributor
Wounded Warrior Chair Defends Spending but Says Change Needed
The head of the embattled veterans charity’s board of directors tells CBS News that Wounded Warrior is working to rebuild trust with donors and former service members after firing its two top executives amid allegations of lavish spending.