How to Use Data to Advance Fundraising
With smart analysis, nonprofits can use the information in their donor databases to boost the amount of money they raise.
Sale of $500-Million Taubman Art Trove to Boost Foundation
The A. Alfred Taubman Foundation will reap some of the proceeds from a Sotheby’s sale of the collection owned by the late shopping-mall magnate and philanthropist. The art collection could be among the most valuable ever brought to private auction, The New York Times and the Detroit Free Press report.
Land-Mine Charity Whose Board Angelina Jolie Resigned From Faces British Inquiry
Britain’s charity regulator is evaluating a complaint about land-mine-clearance group the Halo Trust paying more than $180,000 to two board members for leading an internal review of its governance, The Guardian reports. The actress left the board last year, reportedly because she felt “uncomfortable” that the trustees were essentially paying themselves.
Sweet Briar Fundraisers Hit $12-Million Goal to Save College
The nonprofit charged with raising $12 million to keep Virginia’s embattled Sweet Briar College open has hit its target and made the final installment payment due to the college under a state-mediated agreement, reports the Associated Press.
Big Global Charities Hiring Their Own Fraud Investigators
Dogged by growing public mistrust and calls for greater transparency, nonprofits active in corruption-prone crisis zones are retaining their own criminal investigators to ferret out fraud, according to Reuters.
N.J. Church’s Former Accountant Admits to $4-Million Scam
A California certified public accountant faces more than 20 years in prison after pleading guilty Tuesday to defrauding Agape Family Worship Center while managing the Rahway, N.J., megachurch’s books for nearly seven years, NJ Advance Media reports.
La. Delays Bid to End Planned Parenthood Funding
The state put off implementation of Gov. Bobby Jindal’s order to revoke Medicaid contracts for the women’s health group until September 15 during a hearing Wednesday in which a federal judge raised questions about the reasoning for the move, Bloomberg News writes.
Justice Dept. Backs Planned Parenthood in La. Funding Case
Stepping into a suit brought by Planned Parenthood, the agency told a federal judge that Louisiana Gov. Bobby Jindal’s bid to cut off Medicaid funding to the women’s health nonprofit appears to violate federal law, the Associated Press reports.
Proposed Cooper Union Settlement Could Restore Free Tuition
An agreement crafted by New York State’s attorney general’s office would end litigation that has roiled New York City private college Cooper Union and could put the venerable institution on a path back to offering free tuition, writes The New York Times.
Calif. Audit Finds $24-Million Jump in Blue Shield Exec Pay
Blue Shield of California raised executive compensation by 64 percent in 2012, the Los Angeles Times writes, citing a confidential audit by the state board that last year revoked the nonprofit health insurer’s tax exemption.
Settlement to Return $4.3 Million to New York Foundation
New York State officials have reached a settlement with former trustees of the Homeland Foundation that will return to the charity more than $4.3 million authorities say was improperly used, the Poughkeepsie Journal reports.
Receiver Says Troubled N.D. College Foundation Should Fold
The court-appointed receiver for the nonprofit fundraising arm of Dickinson State University is calling for the financially troubled organization to be dissolved and replaced with a new foundation, reports the Dickinson Press.
How Nonprofits Can Avoid Internal Fraud
A single case of employee theft can severely damage your organization’s reputation. Here are steps you can take to detect and deter fraud.
By Maria Di Mento
Senior Editor
Moody’s: Nonprofit Hospitals Returning to Fiscal Health
After several years of forecasting fiscal pain for nonprofit hospitals, the credit-rating agency is seeing improvement in the sector’s condition as patient numbers pick up and bad debt declines, Modern Healthcare writes.
Report Delves Into Ill. Charity’s Ties to Telemarketers
In the second part of an investigative report on charity telemarketing, the Chicago Tribune details the ties between VietNow National Headquarters, a veterans nonprofit, and commercial call centers that keep the lion’s share of revenue from appeals.
Survey Error Brings Hundreds of Charity Calls to Elderly Man
Amid a growing outcry in Britain over serial charity solicitations of the elderly, the Daily Mail traces how an 87-year-old dementia sufferer received more than 700 cold calls from nonprofit groups, some of which sold his personal details to questionable companies.