Should the Next Independent Sector CEO Be a Superstar Lobbyist or a Tech Geek?
Some nonprofit leaders want an unconventional choice who can rally Silicon billionaires, financial companies, and more.
By Alex Daniels
Senior Editor, Foundations
Robin Hood Foundation to Train Donors for Nonprofit Posts
The foundation, which annually raises tens of millions of dollars from Wall Street for anti-poverty programs, is launching an effort to train experienced finance professionals for full-time work at charities it supports, Bloomberg writes.
L.A. Charity Heads Charged With $8.5-Million Fraud
Three leaders of a nonprofit serving Latino women have been accused of participating in a “billing scam” that diverted millions of dollars in taxpayer funds to personal use, the Los Angeles Times reports.
Former N.C. Legislator Gets 2 Years for Nonprofit Theft
Ex-state representative Stephen LaRoque was sentenced Wednesday to two years in prison for stealing $150,000 from a federally backed small-business nonprofit he founded and led, reports the Associated Press.
George W. Bush Charged $100,000 to Address Veterans Charity
The former president received a $100,000 fee and private-jet travel worth $20,000 to speak at a 2012 fundraiser for an organization serving U.S. veterans wounded in Iraq and Afghanistan, ABC News reports.
Montclair State U. Gets $20 Million Gift for Business School
The anonymous donation announced Wednesday will support expansion of the New Jersey institution’s School of Business, NJ Advance Media writes.
Emirati Mogul Launches Foundation With $1 Billion Pledge
Abdullah al-Ghurair, one of the most prominent businessmen in the United Arab Emirates, has committed $1.1 billion — a third of his family’s fortune — to a new education-focused charity, Emirates-based daily The National and the Associated Press write.
Kan. Order Shields Faith Groups Objecting to Gay Marriage
Governor Sam Brownback issued an executive order Tuesday barring Kansas from withdrawing tax exemptions or otherwise penalizing religious nonprofits that refuse to recognize same-sex marriages or provide services to gay couples, The Washington Post reports.
Tenn. Investigates Nonprofit Linked to ‘Sham’ Cancer Groups
The Tennessee secretary of state’s office is investigating a Knoxville cancer organization with family ties to four charities accused by regulators nationwide of bilking donors of $187 million, according to The Wall Street Journal.
Paul Allen Launches Project to Promote Sustainable Seafood
The philanthropist and Microsoft co-founder is funding a new program to certify seafood restaurants whose menus consist mostly of sustainably sourced items, reports The Seattle Times.