Obituary: Henry Rowan, Who Gave $100 Million to Remake a College
A 1992 donation from Mr. Rowan, an engineer and industrialist who died Wednesday at age 92, enabled Glassboro State College in New Jersey to grow its programs and facilities and become Rowan University, The Philadelphia Inquirer reports.
Donor-Advised Funds Navigate a Deluge of Year-End Gifts and Grants
As money pours into accounts and out to charities, Fidelity Charitable handles the rush by enlisting the full staff and hiring extra hands.
By Alex Daniels
Contributor
New Orleans Community Fund Chief to Step Down
Albert Ruesga, outspoken critic of philanthropy, will leave in June to pursue consulting work.
By Alex Daniels
Contributor
Amnesty International and United Way Diverge on Prostitution Stance
One group calls for decriminalization, and the other opens a center dedicated to fighting human slavery. Guess which one provoked howls of protest?
By Michael Anft
Contributor
New Online Site to Function as a ‘Yelp’ for Grant Makers
GrantAdvisors will provide a forum for those in the grant community to share their experiences working with various foundations.
By SUZANNE PERRY
Contributor
Kirk Douglas Donates $15 Million for L.A. Alzheimer’s Center
The legendary Hollywood actor and his wife, Anne, made the gift to the Motion Picture & Television Fund to support construction of a care center for Alzheimer’s patients at the charity’s assisted-care campus in Los Angeles, Variety reports.
Mich. Senate Backs Bill to Shift Charity Gaming Oversight
State senators approved legislation Wednesday that would create statutory regulations for charity poker fundraisers, transferring oversight for the so-called “millionaire’s parties” from a state agency that has drawn controversy for cracking down on the events, MLive reports.
Failure of Health-Care Co-ops Traced to Rubio-Backed Measure
Language inserted by Sen. Marco Rubio into a major spending bill last year has significantly undermined a key aspect of the Affordable Care Act, setting the stage for this year’s collapse of more than half of the nonprofit insurance providers established under the health law, writes The New York Times.
Hospital Giant Ordered to Pay Health Foundation $434 Million
A Missouri judge has awarded the Health Care Foundation of Greater Kansas City nearly $434 million in its long-running legal battle with the for-profit hospital network HCA over the firm’s 2003 purchase of several medical centers in the region, the public radio station KCUR reports.
N.J. Lawmakers Mull ‘Community’ Levy on Nonprofit Hospitals
A bipartisan bill before New Jersey legislators would require the state’s 63 nonprofit hospitals to make millions of dollars in “Community Service Contributions” to local governments to offset the cost of police, fire, and other services, Healthcare Finance News reports.