Is Your Nonprofit Ready to Expand? 6 Questions to Ask Before Deciding
Key issues for a governing board to consider before approving a nonprofit’s expansion—from revenue and expenses to internal processes to external factors.
By Wendy Woods and Bruce Holley
Aussie Finance Mogul Donates $75 Million to Alma Mater
The gift from commodities billionaire Graham Tuckwell and his wife, Louise, to Australian National University is the largest donation for higher education in the country’s history, The Canberra Times writes.
World Monuments Fund Cuts Back as Big Donation Runs Out
The international preservation charity is reducing its staff by a quarter as a major source of its funding — a large matching gift from the late hedge-fund mogul Robert Wilson — expires after a decade, The New York Times writes.
Israeli Lawmakers Tighten Rules on Foreign-Funded Nonprofits
The country’s parliament approved a fiercely debated measure Monday that requires groups that get more than half of their financing from governments or political organizations abroad to publicize that fact, the Associated Press reports.
Obituary: Abdul Sattar Edhi, Revered Pakistani Philanthropist
Mr. Edhi’s sprawling charity network, launched six decades ago and built through private donations, served the poor, injured, and infirm, writes The New York Times. He died Friday at age 88.
Two Foundations, Two Approaches to Consultants
Leaders at the Barr and Hewlett funds talk about how they have opted to use, or not use, outside strategic help.
By Alex Daniels
Contributor
With Millions at Stake, Some Foundations Slash Consulting Budgets
Looking to steer more money into grants and build up in-house expertise, some major donors are hiring less outside help for strategic planning and program development.
By Alex Daniels
Senior Editor, Foundations
Trump Bid $120,000 for Paris Trip With Foundation Money
Presumptive Republican presidential nominee Donald Trump won a luxurious vacation to Paris at a 2008 charity auction with a $120,000 bid using money from the foundation bearing his name — but the funds likely included little of his own money, according to BuzzFeed News.
Opinion: It’s Time to Debate Colleges’ Endowment Tax Exemption
Recent congressional inquiries into 56 large universities’ endowments call attention to the fact that many colleges own billions of dollars in real estate but make only small payments to their communities in lieu of paying taxes, according to an opinion piece in The Washington Post.
Critics Question Whether AG Office Demands Will Reform Hershey Trust
Critics are wondering whether voluntary demands made by Pennsylvania’s Attorney General’s office will rein in questionable spending at the embattled Hershey Trust, or if they will be as ineffective as previous attempts, according to the Philadelphia Inquirer.
General Electric Executive to Take Over as Foundation Head
General Electric executive Ann Klee will take over as president of the company’s charitable foundation, replacing Deborah Elam, GE’s chief diversity officer, according to the Boston Globe.
Alison Bernstein, Longtime Ford Foundation Official, Dies at 69
Alison Bernstein, a longtime official at the Ford Foundation who was credited for expanding education programs and tackling social issues, died late last month of endometrial cancer at her home in East Hampton, N.Y., writes The New York Times.
Overtime Rule Divides Nonprofit Leaders
Some charity leaders say changes will make it more difficult to fulfill their missions. But others welcome the new rule, saying it will protect nonprofit workers from exploitation.
By Rebecca Koenig
Contributor
Black Nonprofit Leaders Share Grief in Wake of Police Shootings
Just hours before five police officers were gunned down in the streets of Dallas, black foundation and charity leaders across the country picked up their phones to share their grief following the second killing of a black man by police this week.
By Alex Daniels
Contributor
Embezzlement Cases Accompany Boom in Youth-Sports Groups
As nonprofit youth sports has grown into a multibillion-dollar national enterprise, cases are increasingly cropping up of six-figure thefts by volunteer leaders of local leagues, highlighting a lack of oversight and regulation of organizations built on community trust, The New York Times writes.
Fla. Congresswoman Faces Charity-Linked Corruption Charges
Rep. Corrine Brown has been indicted in connection with her alleged ties to an unregistered charity that raised $800,000 but spent almost nothing on its stated educational mission, the Orlando Sentinel reports, citing unnamed federal law-enforcement officials.