Feed the Children Leader to Take Top Job at Diabetes Charity
Kevin Hagan, who as president of Feed the Children has helped restore the anti-hunger charity’s credibility after a series of scandals involving its founding family, will leave the organization in May to join the American Diabetes Association as its chief executive, reports The Oklahoman.
Carnegie Hall Taps Ronald Perelman to Head Board
The billionaire investor Ronald Perelman was named Thursday as the chairman of Carnegie Hall, succeeding Sanford I. Weill, a banker and longtime board leader, The New York Times writes.
Green Group Helps Citibank on $100-Billion Climate Effort
Citibank pledged Wednesday to pump $100-billion in loans and investment over the next decade into projects that reduce the impact of climate change under a plan co-developed by the Boston environmental nonprofit Ceres, The Boston Globe reports.
$40-Million Lilly Grant Boosts Tech Projects at Purdue U.
The grant from the Lilly Endowment will support new technology, engineering, library projects, and facilities at Purdue University in Indiana, the Lafayette Journal & Courier writes.
Koch-Backed Nonprofit Wins Stay on Revealing Contributors
A federal judge on Tuesday temporarily blocked California from compelling donor disclosure by the Americans for Prosperity Foundation, a conservative advocacy group with close ties to billionaire industrialists Charles and David Koch, Blooomberg writes.
Pa. Senate Backs Measure to Let Legislators Define Charities
The Republican-controlled Senate in Pennsylvania voted along party lines Tuesday to advance a proposed state constitutional amendment that would give lawmakers the authority to determine which organizations qualify for charitable tax breaks, reports The Associated Press.
Gates Foundation Divests From McDonald’s, Coca-Cola, Exxon
A Bill & Melinda Gates Foundation spokesman would not comment on why the world’s largest philanthropy sold its stake in three companies in the last quarter of 2014, Bloomberg reports.
Tenn. Man Accused of Defrauding Donors to Sandy Hook Charity
A Nashville man who established a runners’ group to aid those affected by the December 2012 school shooting in Newtown, Conn., has been indicted on charges that he kept most of the more than $100,000 the charity raised, the Associated Press reports.
Points of Light’s New CEO Plans to Expand Reach Through Technology
Tracy Hoover, formerly president of the nation’s largest volunteerism charity, moves up to the top spot.
By Eden Stiffman
Senior Editor
Commissioner of Nonprofit NFL Earned $35-Million in 2013
Roger Goodell’s compensation was 20 percent lower than in 2012, when he received a one-time deferred payment of $9.1-million, The New York Times reports, citing the league’s Internal Revenue Service filings.
Pa. County’s Review Puts Scores of Charities on Tax Rolls
Early results of an Allegheny County, Pa., review of nonprofit-owned property show nearly 200 organizations placed on the tax rolls, adding some $200,000 to county coffers and prompting other Pennsylvania jurisdictions to consider similar procedures, reports the Pittsburgh Post-Gazette.
Tax Judge Says Suit on Princeton Exemption Can Go Forward
The university said it would appeal a New Jersey Tax Court judge’s denial of its motion to dismiss a lawsuit brought by four Princeton, N.J., residents challenging the school’s property-tax exemption, Bloomberg writes.
Surfeit of Customers Helped Doom Nonprofit Health Co-Op
Nonprofit health insurer CoOportunity Health, formed in 2013 under the Affordable Care Act and now in liquidation after running out of cash, may have been financially undone by its success in drawing far more clients than anticipated, engendering much higher treatment costs, according to The New York Times.
Nonprofit to Pay $184,000 in World Trade Center Naming Inquiry
An association that earned millions of dollars from the “World Trade Center” name agreed to the payment to settle an investigation by New York State’s attorney general of the 1986 deal that granted the trademark to the group for $10, reports NJ Advance Media.
Coldplay Star Makes 15-Year Pledge to Curate Benefit Shows
Chris Martin committed to using his considerable connections in rock and pop music to curate festivals put on by the activist group Global Citizen to spur anti-poverty work, writes the Associated Press.
In Storytelling, Focusing on Solutions, Not Problems
Some groups are adopting a storytelling genre that focuses on how communities rebuild and recover after natural disasters and other difficult times.
By PAUL VANDECARR
Contributor