Field Museum Worker Allegedly Stole $900,000 in Member Fees
Federal authorities are investigating the alleged theft by a former employee of the Chicago natural-history museum who collected money for memberships at the door, according to the Chicago Tribune.
Amnesty USA Leader Departs Abruptly Following Controversial Moves
Steven Hawkins’s tenure was marked by both an intensified focus on domestic rights and disagreements with the group’s board and some of its longtime members.
By Michael Anft
Contributor
Hedge Fund Closes Deal to Run Calif. Catholic Hospital Group
Daughters of Charity Health System announced Monday that it has finalized a $260 million investment agreement that will see a New York hedge fund take over management of its six nonprofit hospitals in the San Francisco Bay and Los Angeles areas, reports the San Jose Mercury News.
For-Profit Fundraisers Keep 46% of Calif. Donations, Says Report
New figures from the California attorney general’s office show that solicitation firms pocketed nearly half of the money they raised on behalf of nonprofits last year, the Orange County Register reports.
Report Blasts British Charities on Mission Spending
Nearly one in five major British nonprofits spends less than half of its annual fundraising take on direct charitable activities, according to new research cited by The Telegraph.
Year-End at Direct-Mail Companies Show Paper Isn’t Passé Yet
For many of the companies’ clients, mail solicitations drive the bulk of their annual revenue.
By Megan O’Neil
Contributor
Red Cross Cost-Cutting Backfired, Says Report
By closing local chapters and alienating longtime volunteers, executives at the American Red Cross have hampered the nonprofit’s ability to deliver emergency services, according to ProPublica.
By Rebecca Koenig
Contributor
Tech Moguls Team Up to Build $1 Billion Artificial-Intelligence Nonprofit
Elon Musk, Peter Thiel, and other prominent Silicon Valley figures announced a joint project Friday to establish a research center to develop “digital intelligence” that benefits humankind, reports The New York Times.
Gender Gap Unchanged in Jewish Charity Leadership, Survey Finds
Male leaders at Jewish nonprofits continued to far outnumber and out-earn their female counterparts in 2014, the Forward found in its annual review of executive pay at Jewish organizations.
Tax Rules’ Impact on Giving Goes Beyond Deduction, Studies Say
Studies on wealth and altruism suggest that the relationship between taxation and philanthropy is more complex than the simple equation of getting a deduction for a donation, reports The Wall Street Journal as part of a package of giving-focused articles and advice columns.