Relief Groups Expand Fundraising in Fight for Aid Dollars
The world’s 50 largest aid charities have more than tripled their spending on fundraising to $1.5 billion over the past decade amid a boom in international aid and fierce competition to draw donors, according to a survey by the Thomson Reuters Foundation.
Global Leaders Reach Deal on Funding U.N. Development Goals
Following three days of contentious talks, leaders from rich and poor countries struck a deal Thursday on a new framework to finance U.N. goals to end poverty and hunger and meet other ambitious development targets by 2030, reports the Thomson Reuters Foundation.
NASCAR Star’s Ex Quits Veterans Charity Amid Fiscal Scrutiny
Patricia Driscoll, the former girlfriend of NASCAR driver Kurt Busch, resigned Tuesday as executive director of the Armed Services Foundation amid investigations of alleged fiscal mismanagement, according to ESPN.
N.Y. City Opera Drops Plan to Sell Name and Assets
The New York City Opera abandoned the plan after months of legal squabbling between rival bidders seeking to revive the moribund company, writes The Wall Street Journal.
Ore. Alleges Misconduct by Defunct Veterans Group’s Lawyer
The attorney for a veterans charity that was shut down by the Oregon Department of Justice last year is now facing an ethics complaint for allegedly collecting hundreds of thousands of dollars from the group for his own political and business activities, The Oregonian reports.
Who Should Foot the Bill at a Nonprofit Retreat?
Not all board members or volunteers can afford to pay their way, but it’s a good idea to ask. Here’s why. And here’s how.
By CAROL WEISMAN
Contributor
Anti-Abortion Group Claims Planned Parenthood Selling Fetal Tissue
An undercover video released Tuesday by anti-abortion rights group the Center for Medical Progress shows a Planned Parenthood official graphically discussing how to preserve an aborted fetus’s organs for medical research and the costs associated with providing the tissue to scientists, The Washington Post reports.
Ohio U. Urged to Cut Ties With Donor Over Race-Tinged Email
Some student and faculty leaders are calling on Ohio University to remove from campus facilities the name of a multimillion-dollar donor who advised administrators to “play the race card” in a controversy involving the institution’s African-American president, The Columbus Dispatch writes.
Goldman Sachs Buys Impact-Investing Firm Imprint Capital
The Wall Street giant announced Monday that it has purchased Imprint Capital, a San Francisco investment house specializing in crafting portfolios that reflect clients’ environmental, social, and corporate-governance goals, Bloomberg writes.
Biggest Jewish Charity Lifts Fundraising 10% to $207 Million
UJA-Federation of New York raised $207.8 million in the 12 months that ended June 30, up $21.8 million from the previous fiscal year, reports the Jewish Telegraphic Agency.
Opinion: Investment, Not Aid, Key to Ending Poverty
As government, corporate, and nonprofit leaders gather in Ethiopia at a major meeting on funding global development efforts, a top United Nations official writes in The Wall Street Journal that investment is supplanting direct aid as the driver in eradicating poverty and building equitable societies in developing countries.
British Government Plans Curbs on Cold-Call Solicitations
Britain is set to enact new regulations by the end of the year to restrict high-pressure charity fundraising tactics that have drawn widespread condemnation in recent weeks, the Daily Mail writes.
New N.Y. Grant Criteria Imperil Funding for Youth Charities
Changes in a New York State agency’s process for awarding substance-abuse prevention contracts could mean hundreds of thousands of dollars in losses for youth organizations that have long received state support, writes The New York Times.
Calif. Couple Convicted of Embezzling From Veterans Charity
A San Diego husband and wife who founded a nonprofit to train wounded veterans for careers in filmmaking were found guilty Friday of draining hundreds of thousands of dollars from the taxpayer-funded organization’s coffers, The San Diego Union-Tribune reports.
Sen. Grassley Seeks Details From Red Cross on Haiti Spending
In a letter this week to American Red Cross CEO Gail McGovern, Sen. Charles Grassley demanded greater disclosure of the charity’s spending in post-earthquake Haiti and set a two-week deadline for a response to his questions, ProPublica writes.
$65 Million Gift to Create Endowment for Park Avenue Armory
The donation from the foundation of a late armory patron, Airstream trailer mogul Wade Thompson, will establish an endowment for programming and educational efforts at the New York City arts center, reports The New York Times.