Relief Groups Expand Fundraising in Fight for Aid Dollars
The world’s 50 largest aid charities have more than tripled their spending on fundraising to $1.5 billion over the past decade amid a boom in international aid and fierce competition to draw donors, according to a survey by the Thomson Reuters Foundation.
Global Leaders Reach Deal on Funding U.N. Development Goals
Following three days of contentious talks, leaders from rich and poor countries struck a deal Thursday on a new framework to finance U.N. goals to end poverty and hunger and meet other ambitious development targets by 2030, reports the Thomson Reuters Foundation.
NASCAR Star’s Ex Quits Veterans Charity Amid Fiscal Scrutiny
Patricia Driscoll, the former girlfriend of NASCAR driver Kurt Busch, resigned Tuesday as executive director of the Armed Services Foundation amid investigations of alleged fiscal mismanagement, according to ESPN.
N.Y. City Opera Drops Plan to Sell Name and Assets
The New York City Opera abandoned the plan after months of legal squabbling between rival bidders seeking to revive the moribund company, writes The Wall Street Journal.
Ore. Alleges Misconduct by Defunct Veterans Group’s Lawyer
The attorney for a veterans charity that was shut down by the Oregon Department of Justice last year is now facing an ethics complaint for allegedly collecting hundreds of thousands of dollars from the group for his own political and business activities, The Oregonian reports.
Donors Collaborate to End Homelessness in Conn.
Clear mission and regional outlook brought together more than two dozen grant makers in the state.
By Alex Daniels
Senior Editor, Foundations
Fidelity and Schwab Report Surge in Grants From Donor-Advised Funds
Both organizations say that grants rose at least 30 percent annually.
By Alex Daniels
Contributor
Who Should Foot the Bill at a Nonprofit Retreat?
Not all board members or volunteers can afford to pay their way, but it’s a good idea to ask. Here’s why. And here’s how.
By CAROL WEISMAN
Contributor
White House Wins Another Round in Birth-Control Battle
A Denver-based U.S. appeals court found Tuesday that the Affordable Care Act’s mandate that employees’ health coverage include contraceptive care does not impinge on faith nonprofits’ religious freedom, giving the Obama administration another victory in the legal fight over the rule, The New York Times and The Wall Street Journal write.
Anti-Abortion Group Claims Planned Parenthood Selling Fetal Tissue
An undercover video released Tuesday by anti-abortion rights group the Center for Medical Progress shows a Planned Parenthood official graphically discussing how to preserve an aborted fetus’s organs for medical research and the costs associated with providing the tissue to scientists, The Washington Post reports.
Ohio U. Urged to Cut Ties With Donor Over Race-Tinged Email
Some student and faculty leaders are calling on Ohio University to remove from campus facilities the name of a multimillion-dollar donor who advised administrators to “play the race card” in a controversy involving the institution’s African-American president, The Columbus Dispatch writes.
Grant Maker Pushes to Make Donor-Advised Funds Pay Out Faster
The Jessie Smith Noyes Foundation has created a video encouraging donors to give to charities pursing its mission.
By Alex Daniels
Contributor
Boy Scouts Takes Step to Drop Ban on Gay Troop Leaders
The national youth group’s executive committee unanimously approved a resolution to eliminate a ban on openly gay adults serving in leadership positions, setting the stage for the Scouts to formally abandon the policy later this month, The Washington Post reports.
Goldman Sachs Buys Impact-Investing Firm Imprint Capital
The Wall Street giant announced Monday that it has purchased Imprint Capital, a San Francisco investment house specializing in crafting portfolios that reflect clients’ environmental, social, and corporate-governance goals, Bloomberg writes.
Biggest Jewish Charity Lifts Fundraising 10% to $207 Million
UJA-Federation of New York raised $207.8 million in the 12 months that ended June 30, up $21.8 million from the previous fiscal year, reports the Jewish Telegraphic Agency.
Opinion: Investment, Not Aid, Key to Ending Poverty
As government, corporate, and nonprofit leaders gather in Ethiopia at a major meeting on funding global development efforts, a top United Nations official writes in The Wall Street Journal that investment is supplanting direct aid as the driver in eradicating poverty and building equitable societies in developing countries.