Checks Still Dominate Donation Transactions, Despite High Cost for Small Gifts
The smaller the gift, the less cost-effective it is for recipients to process by check, but paper remains the giving method of choice for nearly half of donors, a PayPal/GuideStar study finds.
Wounded Warrior Announces Layoffs and Program Cuts
The group will cut about 15 percent of its 600-employee work force and will consolidate some operations to reduce administrative costs.
Charity Navigator Gives Top Marks to Clinton Foundation
The nonprofit watchdog issued a four-star ranking for the embattled charity Thursday, eight months after removing the foundation from its “watch list,” writes the Associated Press. Also, Politico reports on Bill Clinton’s staff’s use of federal funds allocated to ex-presidents to subsidize some operations at his foundation.
Zero-Rated Veterans Charity With VA Tie Shutting Down
The National Vietnam Veterans Foundation is closing several months after drawing media scrutiny for collecting tens of millions of dollars on behalf of former service members but spending almost all of it on fundraising, CNN reports.
Fla. State Charity Drive Looks to Rebound From Giving Plunge
The Florida State Employees’ Charitable Campaign begins Thursday with officials looking to bounce back from a dismal 2015 that saw donations plummet and controversy over a for-profit management company’s take from the campaign, the Tallahassee Democrat reports.
Pro-Charters Group Offers $100,000 for John Oliver Takedown
The nonprofit Center for Education Reform is soliciting video rebuttals to a critical segment about charter schools on the comedian’s satiric TV show Last Week Tonight, The Washington Post’s Answer Sheet education blog writes.
For the ‘Big Ask,’ Some Presidents Look Within
College chiefs are used to asking potential donors to contribute major gifts. But not all are up to posing the question to themselves.
John List, a behavioral economist, has produced groundbreaking studies in why people give to charities.
Ilitches’ $40 Million Wayne State Gift Has Academic Strings
The donation last fall from Detroit food and sports moguls Mike and Marian Ilitch to construct a new Wayne State University business school contains stipulations related to curriculum and the school dean’s pay, the Detroit Free Press reports.
College Chain Files Suit Over Nixed Bid for Nonprofit Status
The Center for Excellence in Higher Education’s legal challenge asserts that a political bias against commercial colleges drove the U.S. Education Department’s rejection of its request that its institutions be considered nonprofit for financial-aid purposes, reports The New York Times.
Democrats Join Call for Clintons to Separate From Foundation
Some prominent members of Hillary Clinton’s party are calling on her family to fully cut ties with its namesake charity should she be elected president, The Wall Street Journal writes. Plus, more of the latest news and views on the Clinton Foundation imbroglio.
1 in 3 Rich Donors Held Their Philanthropy Back
Affluent supporters are seeking more information on results and want to see less spending on overhead, a study of thousands of wealthy donors finds.
What You Should Do Before Building a Fundraising Team
Know how much you want to raise, get trustees and staff members ready to help, and have a clear idea of how much your organization can invest.
Parkinson’s Researcher Says Feud With Fox Fund Delays Drug Trial
A clinical trial for a promising new treatment for Parkinson’s disease is in limbo amid a dispute between Georgetown University scientists and the Michael J. Fox Foundation, the most prominent Parkinson’s charity, health-news site Stat reports.
Missing $500,000 Gift Prompts Inquiry at N.Y.’s City College
The City University of New York is conducting an internal investigation into what happened to the donation to its flagship campus, the City College of New York, after senior faculty learned the account that was supposed to hold the contributed funds was nearly empty, reports The New York Times.
Hershey Takeover Bid Dead; Uncertainty at Trust a Factor
A rival corporation’s monthslong attempt to acquire Hershey Co. is over following a rebuff of the latest takeover offer by the troubled charitable trust that controls the giant chocolatier, reports The Wall Street Journal.