Foundation Spending: Where the Money Goes
Foundations are required under law to spend at least 5 percent of their assets each year on charitable purposes. Grant makers can include a portion of the amount they spend on operating costs to meet that standard. A new study shows how the spending on administrative costs compares with the…
New Study on Foundation Expenses Hopes to Inform Congressional Debate
Community foundations spend a larger percentage of their total program budgets on overhead than private and ALSO SEE:Foundation Spending: Where the Money Goes corporate funds do, says a new report that provides an in-depth look at foundation spending. The report says community foundations spend 8…
By Ian Wilhelm
Contributor
Foundation Salaries Rose 4%; CEO Median Pay Hits $115,000
Foundation employees received a median pay raise of 4 percent last year, the same percentage gain as in 2004, ALSO SEE: Salaries and Benefits at Foundations according to a new report by the Council on Foundations, in Washington. While the increase barely outpaced the 2005 annual inflation rate of…
By BRENNEN JENSEN
Contributor
Clark Fund’s Overhaul Is Met With Mixed Response From Former Employees
When Michael Bailin took over as president of the Edna McConnell Clark Foundation in 1996, he found an organization that had ALSO SEE:A Singular Focus on KidsRigorous Evaluation Highlights Hits and Misses for Clark Grant RecipientYouth Charity Proves Itself a Promising Prospect for Clark Foundation…
By Ben Gose
Senior Editor
Youth Charity Proves Itself a Promising Prospect for Clark Foundation
Perhaps the greatest challenge for the Edna McConnell Clark Foundation has been finding youth organizations that meet ALSO SEE:A Singular Focus on KidsRigorous Evaluation Highlights Hits and Misses for Clark Grant RecipientClark Fund’s Overhaul Is Met With Mixed Response From Former Employees its…
By Ben Gose
Senior Editor
Rigorous Evaluation Highlights Hits and Misses for Clark Grant Recipient
Boston Citizen Schools started here in 1995, the brainchild of two idealists who wanted to improve the lives of middle-school ALSO SEE:A Singular Focus on KidsYouth Charity Proves Itself a Promising Prospect for Clark FoundationClark Fund’s Overhaul Is Met With Mixed Response From Former Employees…
By Ben Gose
Senior Editor
Clark Foundation sees success in its controversial youth programOver the past decade, the Edna McConnell Clark Foundation has undergone a radical makeover. The New York ALSO SEE:Rigorous Evaluation Highlights Hits and Misses for Clark Grant RecipientYouth Charity Proves Itself a Promising Prospect…
By Ben Gose
Senior Editor
America’s Second Harvest (Chicago): Appointed Vicki B. Escarra, executive vice president and chief customer-service officer at Delta Air Lines (Atlanta), to be president and chief executive officer. She succeeds Bob Forney, who is retiring. American Diabetes Association (New York): Appointed Toni…
Accelerate Brain Cancer Cure (Washington): Appointed Kate Carr, president and chief executive officer of the Elizabeth Glaser Pediatric AIDS Foundation (Washington), to be president and chief executive officer. She succeeds John Reher, who is resigning. Albertson College (Caldwell, Idaho):…
IRS Releases Data on Foundations, Charities
Charitable spending by foundations fell in 2002 for the second year in a row, according to a new IRS report. In 2002, 73,255 private foundations distributed $26.3-billion for grants and other charitable purposes, a decline of 4 percent from the amount awarded in 2001. Foundations spent…
By Elizabeth Schwinn
Contributor
Charitable Deductions Rise, Says IRS Report
New statistics released by the Internal Revenue Service show that deductions claimed for charitable contributions rose from $140.6-billion in 2002 to an estimated $145.7-billion in 2003, an increase of 3.6 percent. The increase marks the second straight year that charitable deductions rose, after…
By Elizabeth Schwinn
Contributor
A small but growing number of charities and advocacy groups are using podcasts, or Internet radio programs, ALSO SEE:Casting Call to discuss issues of interest to nonprofit groups and to get the public interested in their causes. Podcasts are audio files that people can download automatically to…
By PETER PANEPENTO
Contributor
Unicef turns to Internet-based podcasting to communicate with millions of tech-savvy supportersWhen Unicef dispatched relief workers to Congo in December to help those who were uprooted during fighting in the ALSO SEE:Charity Podcasts: a Sampler African country, Unicef’s supporters didn’t have to…
By PETER PANEPENTO
Contributor
Bits: Reuters Digital Vision Program Accepting Applications
The Reuters Digital Vision Program is accepting applications for the 2006-7 academic year. The program at Stanford University supports social entrepreneurs from around the world who seek to use information technology to advance humanitarian, educational, or development goals in the developing…
By NICOLE WALLACE
Features Editor
Searching for Information Produces Benefits for Charity
A new search engine, GoodSearch.com, allows its users to select their favorite charity or school to receive a portion of the advertising revenue the company earns for their searches. The site uses Yahoo search technology. GoodSearch estimates that each search will produce a penny for the user’s…
By NICOLE WALLACE
Features Editor
Major Technology Meeting Scheduled for March
The Nonprofit Technology Conference, which drew nearly 800 charity technology officials, consultants, and companies last year, will take place March 22-24 in Seattle. The meeting is organized by the Nonprofit Technology Enterprise Network, in San Francisco, with financial help from Network for Good…
By NICOLE WALLACE
Features Editor