March Madness Means Fundraising in Indianapolis and Louisville
The annual Brackets for Good tournament uses competition to inspire charitable donations.
Nonprofit Tax Changes Are Possible This Year, Says House Aide
While a broad overhaul is unlikely, tighter limits on payout requirements for donor-advised funds and other provisions could advance.
Helene Gayle to Lead Nonprofit Started by McKinsey
The chief executive of CARE USA has been named the first leader of a nonprofit that has received $70-million from the consultancy.
Postal Panel Wants Review of Rate Hike Blasted by Nonprofits
For the second time in less than two weeks, the Postal Regulatory Commission has ordered the U.S. Postal Service to review a planned rate increase on periodical mailings that could significantly raise costs for nonprofit magazine publishers, reports Postalnews.com, an industry news site.
Management Questioned at U.S.-Backed Mortgage-Aid Nonprofit
Bloomberg reports on allegations of questionable management and procurement practices at NeighborWorks America, a nonprofit that has received some $2 billion in federal money since 2007 to help homeowners battered by the mortgage crisis.
Floundering N.Y. Human-Service Charity Files for Bankruptcy
New York’s Federation and Employment Guidance Services, which announced plans in late January to shut down in the face of a $19 million budget shortfall, filed for Chapter 11 protection Wednesday, the Jewish Telegraphic Agency and Capital New York report.
Tenn. Charity Heads Charged After Audit Flags Big Bonuses
The chief executive of the ABC Nutrition Program in Camden, Tenn., and her two daughters were charged with theft for allegedly steering hundreds of thousands of dollars from the federally funded nonprofit to themselves and other employees, according to the Associated Press.
Bloomberg and Gates Team on Fund to Defend Smoking Laws
Bloomberg Philanthropies and the Bill & Melinda Gates Foundation announced the formation Wednesday of a joint $4 million fund to help poorer countries fight tobacco-industry challenges to their smoking laws, reports The New York Times.
Urban Institute Gets $8.4 Million to Help Measure Pay-for-Success Programs
The grant by the Laura and John Arnold Foundation will provide web tools and research to aid charities, government officials, and donors.
Red Cross Case Raises Questions About How Nonprofits Handle Complaints
A growing number of nonprofits have hired ombudsmen to settle disputes fairly and confidentially, but critics say these officials often lack teeth and even help suppress dissent.