Subway Pitchman and Charity Head to Admit to Sex Charges
Jared Fogle, who appeared in hundreds of ads for the fast-food chain and led a nonprofit targeting childhood obesity, will serve at least five years in prison under a plea deal on charges of possessing child pornography and soliciting sex with minors, the Indianapolis Star and NBC News report.
Ousted Head of Fla. Nonprofit Fires Back Over Dismissal
The former CEO of a Florida cancer charity who was fired earlier this month amid allegations that he used a business arrangement to draw money from a subsidiary of the group has filed a lawsuit claiming his former employer owes him more than $300,000 in wages and benefits, the Sarasota Herald-Tribune writes.
Inside New York Humanitarian Group’s Nepal Mission
The New Yorker reports on the successes, frustrations, and calculations of providing emergency medical aid through the prism of a trip by emergency relief group NYC Medics to Nepal in April to treat earthquake victims.
A Decade Later, New Orleans Nonprofits Cite Gains, Yet Worry Over the Future
Bright spots since Hurricane Katrina include improved education and reduced incarceration, but leaders worry grant makers are losing focus with much work still to be done.
Memphis Symphony CEO Departing as Group Rights Fiscal Ship
Roland Valliere, who was hired last year to turn around the financially ailing Memphis Symphony Orchestra, will step down in November after slashing costs by reaching a deal with musicians to take steep pay cuts, reports The Commercial Appeal.
Charity’s Collapse Casts Shadow on Britain’s ‘Mother Teresa’
Bloomberg examines the unraveling of Kids Company, a British youth charity that was held up as a model of the government’s Big Society effort and received millions of dollars in taxpayer funds but shut down earlier his month after running out of cash.
Nonprofits in New Orleans: 10 Years After Katrina
Leaders say that in the decade since the hurricane, much has improved, like education and criminal justice, but many problems linger.
Ice-Bucket Money to Fund Gene-Mapping of ALS Patients
The ALS Association will invest $3.5 million of the $115 million it raised in last year’s ice-bucket challenge in a project to map the genes and clinical traits of 1,500 people with the degenerative nerve disorder, Bloomberg reports.
Opinion: Fund Managers Win Big in College Endowment Gains
Growing university endowments have benefited financial managers far more than students, paying out hundreds of millions of dollars a year in compensation and fees, a law professor writes in a New York Times column proposing minimum-spend requirements for colleges’ investment funds.
Graham’s $880,000 Pay Raises Eyebrows at Christian Groups
Religion News Service looks at the issue of pay for megachurch pastors and Christian nonprofit leaders in the wake of media reports that Samaritan’s Purse CEO Franklin Graham earns $880,000 a year from the Christian aid group and his separate ministry.
Finance Mogul Shapes Plans for New Art Museum in Florida
Tom James, chairman of financial-services firm Raymond James, has contracted to buy part of a St. Petersburg, Fla., office building as concrete step toward opening a long-planned, $75-million art museum, reports the Tampa Bay Times.
8 Steps for Stronger Nonprofit Video Production
A multimedia director who works with many nonprofit clients explains how to plan and carry out storytelling through video.
Head of Walton Family Foundation to Step Down
Buddy Philpot led the fund for 15 years, seeing its grant making grow ninefold.
Solar Company’s Charitable Work Offers a Popular Perk: Travel Abroad
SolarCity, whose chairman is Elon Musk, has created a foundation that aims to light up 1,000 schools worldwide this year, including in earthquake-ravaged Nepal.
Bronfman Sheds Light on What Happens When a Foundation Prepares to Close
A series of blog posts offers a rare glimpse at what happens to employees, grantees, and even the office art as a grant maker spends down its assets.
Planned Parenthood Pushes Back as States Target Funding
While several Republican-controlled states seek to cut off government funding for Planned Parenthood, the organization appears to be gaining legal and regulatory traction in the controversy over its provision of fetal tissue for medical research, according to reports in The Wall Street Journal and The New York Times.