IRS Reverses Course on Controversial Donor-Data Proposal
After hearing a barrage of complaints about privacy concerns, the agency withdrew a plan that would have given nonprofits the option to report donors’ personal information to the agency.
By Alex Daniels
Senior Editor, Foundations
Jewish Federation Assets Return to Pre-Crash Levels, Study Finds
Jewish nonprofits have seen significant revenue gains in recent years and, in the aggregate, have recovered from declines precipitated by the 2008 financial crisis and subsequent recession, according to The Jewish Week.
Advocacy Group Shows How Rebranding Can Rebuild Momentum
After success in antismoking battles, the Truth Initiative bets on a new messaging strategy and a media push to win the war.
By Alex Daniels
Senior Editor, Foundations
A Curated Guide to Budgeting Tools
Online guides, checklists, and interactive tools to help you create nonprofit budgets.
By Rebecca Koenig
Contributor
Opinion: How to Report on Giving by the Superrich
The New York Review of Books examines how the media covers large-scale philanthropy by billionaire financiers, tech titans, and major corporations in the second of two articles on coverage of the “1 percent.”
OECD Aid Hits New High, but Poor Countries Get Lesser Share
The Organization for Economic Co-operation and Development doled out a record $137.2 billion in 2014, but for the second straight year the proportion of aid going to poorer countries declined, the Thomson Reuters Foundation writes.
Ex-Official at Newark Water Nonprofit Admits Corruption
A former manager of the nonprofit agency that oversaw the New Jersey city’s water supply pleaded guilty Monday to federal charges involving nearly $1 million in kickbacks from contractors, Bloomberg reports.
Walmart Heirs Make $407 Million in Year-End Gifts to Trust
Siblings Alice, Rob, and Jim Walton collectively donated 6.7 million shares of Walmart stock to a trust formed earlier last year to fund the family’s philanthropy, Fortune writes.
N.J. Hospital Group Backs Plan for Fees in Lieu of Taxes
The New Jersey Hospital Association, which represents the state’s 62 nonprofit hospitals, endorsed legislation that would require the medical centers to make annual payments for local government services, reports the Press of Atlantic City.
Ex-Field Museum Employee Acknowledges $410,000 Theft
The 11-year staff member admitted in federal court Monday to stealing hundreds of thousands of dollars from the Chicago natural-history museum by pocketing cash payments by visitors, the Chicago Tribune reports.
Pay-for-Success Financing: What the Future Holds
Experts share what they’ve learned and offer advice in the last installment of this three-part video series.
By Alex Daniels
Contributor
Donnel Baird: Clean Energy in Old Buildings
Where banks look the other way, his BlocPower effort gets creative to attract environmentally minded investors to help nonprofits cut their energy budgets.
By NICOLE WALLACE
Features Editor
Ommeed Sathe: Facelift for a Midsize City
Prudential Financial is working revitalize Newark’s downtown, among other areas, and it has found someone committed to figuring out what works best for each community.
By NICOLE WALLACE
Features Editor
Caroline Whistler: Dividends for Doing Good
The social-impact-bond pioneer played a leading role in establishing two of the seven U.S. pay-for-success projects now in operation.
By NICOLE WALLACE
Features Editor
Dominik Mjartan, Money in the Bank for All
The leader of a community finance nonprofit serving one of the poorest regions in the nation takes extra steps to make sure the people most in need are getting help.
By NICOLE WALLACE
Features Editor
Liesel Pritzker Simmons: All In on Impacting Investing
Her Blue Haven Initiative is a laboratory to answer the question: What happens when a family uses its wealth prudently to optimize its social and environmental impact?