Austin, Tex., Arts Groups Explore Possible Merger
The Austin Museum of Art and Arthouse, both in Austin, Tex., took the first steps last month toward discussing a possible merger, reports the Austin-American Statesman.
By Maria Di Mento
Senior Editor
Should Foundations Do More to Strengthen Boards?
Foundations have a powerful voice in the nonprofit world. But it is unclear whether they have enough clout to improve nonprofit governance.
By RICK MOYERS
Contributor
Advice for Young Executive Directors
A charity leader shares her experience learning to communicate with a wide variety of people as head of an organization.
By CODY SWITZER
Contributor
Bankruptcy Isn’t a Solution to Nonprofit World’s Woes
It’s time to get creative in helping nonprofits deal with their debt burdens, and it’s time to push foundations, banks, and others to jump in to help.
By DAVID GRECO
Contributor
Aid to Artisans: Alfredo Espinosa, former senior director for global business development at the American Museum of Natural History AT&T Performing Arts Center: Mark J. Weinstein, former executive director of the Washington National Opera Be the Change: Kevin Jennings, former assistant deputy…
Nonprofits Weigh the Costs of Paying Debts With Endowment Assets
Board members are typically divided on the wisdom of the move, largely depending on their appetite for risk.
By Ben Gose
Senior Editor
Founder of Watchdog Group Leaves to Head Washington Foundation
Gary D. Bass is leaving OMB Watch, a government accountability group he founded, to become president of a Washington grant maker.
By Debra E. Blum
Contributor
CEO Seeks to Expand Education Charity
Gene Koo, an expert in online fund raising and social networks, is the new leader of iCivics, a charity founded by former Supreme Court Justice Sandra Day O’Connor.
By nicole lewis
Contributor
How the Survey of Endowments Was Compiled
The Chronicle of Philanthropy’s eighth annual special report on nonprofit endowments includes data from 213 large nonprofits and foundations. The total value of the endowments for the group was $340.2-billion in 2010. For organizations that provided data for both 2009 and 2010, the median increase…
By Marisa López-rivera
Contributor
Endowments Poised to Build on Recovery, Chronicle Study Finds
Nonprofits are on track to earn at least 8 percent on their endowment investments, following a year in which they earned 12 to 13 percent, a Chronicle study finds. Subscribers have access to all the data in the study.
By Ben Gose and Marisa López-rivera
Institution Return on investment Date of estimate Fiscal year ending March 31 United Negro College Fund (Fairfax, Va.) 19.0% 04/08/2011 Rochester Area Community Foundation (N.Y.) 18.5 02/28/2011 United Way of Greater Rochester (N.Y.) 15.6 03/31/2011 Minneapolis Foundation 8.0 12/31/2010 American…
Endowment Returns in 2010 Less Than in 2009, Say Two New Surveys
Endowments at nonprofits and foundations achieved a 12-percent return on investment, but that is a smaller gain than in the previous fiscal year.
By Lisa Chiu
Contributor
Two Groups Serving Homeless People Merge
New Life Community and Interfaith Hospitality Network of Greater Cleveland—two Cleveland charities that help homeless families—have merged, reports the Cleveland Plain Dealer.
By Maria Di Mento
Senior Editor
Two Ohio AIDS organizations, the Columbus AIDS Task Force and AIDS Resource Center Ohio, plan to merge in July, according to Columbus Business First.
By Maria Di Mento
Senior Editor
Understanding How Money Works in Different Cultures
Many of the inequities that philanthropy seeks to eliminate are rooted in cultural bias—and many of the opportunities for change are rooted in cultural awareness.
By Dione Alexander
Contributor
Smart Selection of Webinars Can Save Nonprofit Workers Time and Money
Conducting careful research on program agendas and presenters can help viewers get the most value from online seminars.
By MAUREEN WEST
Contributor