Minn. Sues Epilepsy Charity Over Ties to Thrift-Store Chain
Two and a half weeks after suing thrift-store operator Savers over its charity fundraising practices, Minnesota Attorney General Lori Swanson took legal action Monday against one of the firm’s nonprofit partners, the Epilepsy Foundation of Minnesota, the Star Tribune reports.
Arts Leader Tapped to Head Lincoln Center Fund Drive
Lincoln Center has hired Vin Cipolla, president of the Municipal Art Society of New York, to oversee the capital campaign to fund a $500 million renovation of its concert venue, soon to be renamed for David Geffen, The New York Times reports.
Restricted Gifts Can Help Ward Off Charity Fraud, Study Finds
Keeping accounting in-house and doing regular audits also help keep nonprofits clean, according to a new report.
By Alex Daniels
Contributor
Opinion: The Problem With a $400 Million Harvard Gift
Hedge-fund mogul John Paulson’s $400 million donation to Harvard University showcases what’s wrong with big higher-education endowments and the megaphilanthropy that swells them, according to Quartz.
Clinton Foundation Raised $26 Million Through Swedish Arm
The Stockholm-based affiliate raised millions of dollars for the foundation from donors in Sweden while that country’s government was urging the Hillary Clinton-led State Department to ease economic sanctions on Iran, according to The Washington Times.
Creating a Budget That Helps Increase Contributions
Donations to one health center soared after an experienced fundraiser created budgets for fundraising revenue and expenses.
By Holly Hall
Contributor
Moody’s Sees Brighter Fiscal Outlook for Nonprofit Hospitals
Nonprofit health systems saw median revenue rise by 4.7 percent in fiscal year 2014 and costs cut by a similar rate, according to a new report by the credit-rating agency, Healthcare Finance News writes.
Sports Firm Buys Va. Site of Dormant Slavery Museum
A New Jersey company has purchased the 38-acre Fredericksburg, Va., property formerly intended as the site of the long-delayed United States National Slavery Museum, writes The Free-Lance Star of Fredericksburg.
Mich. Court Upholds State Limits on Charity Poker Games
The Michigan Court of Appeals ruled Friday in favor of state regulators seeking to impose new restrictions on charity gambling fundraising events known as “millionaires parties,” reports the Detroit Free Press.
Lacking Donor Support, Jewish Group Cuts Back on Advocacy
Two years after launching an effort to beef up its political advocacy and grass-roots work, aid charity the American Jewish World Service is scaling back such work, laying off 10 staff members dedicated to community organizing, The Forward writes.
Supermodel Charity’s Award for Clinton Came With $500,000 Gift
Bill Clinton agreed to accept an award at from celebrity model Petra Nemcova’s school-building charity, the Happy Hearts Fund, last year after the organization agreed to make the contribution to the Clinton Foundation, according to The New York Times.
Forecast for Major Funds: Increased Giving in 2015
Assets at the nation’s largest 31 foundations topped $148.7 billion last year as grant makers steered more than $7.8 billion toward nonprofits, according to a new Chronicle survey.
By Alex Daniels and Lance Lambert
Feeling Flush, Hewlett Boosts Giving 80%
The foundation is channeling more money to nonprofits whose grants it had to trim during the financial crisis.
By Alex Daniels
Contributor
‘Investment Club’ of Foundations Pays Off for Nonprofits
Per Scholas, a work-force training organization in the South Bronx, is among the beneficiaries of a unique arrangement in which participating grant makers play a more active role in program-related investment decisions.
By Alex Daniels
Contributor
FIFA and Qatar World Cup Group Gave to Clinton Foundation
The foundation has received at least $300,000 in donations from FIFA, the world-soccer governing body now in the cross hairs of a U.S. corruption investigation, and the Qatari organization that led the Middle Eastern country’s controversial World Cup bid, The Daily Beast reports.
Budgeting For Fundraising Growth: Where to Start
Before coming up with a viable budget to increase fundraising returns, organizations must first assess the strengths and weaknesses of its current development operation.
By Holly Hall
Contributor