News

Economic Downturn May Boost Donor Involvement at Nonprofits

Economic Downturn May Boost Donor Involvement at Nonprofits

Posted December 20, 2001

The slowing economy is hurting the nonprofit sector's fundraising efforts far more than the diversion of donations to September 11 efforts, but the downturn may ultimately have a positive effect on nonprofits by increasing donor involvement....

Group Completes Preparatory Work for UN Global AIDS Fund

Group Completes Preparatory Work for UN Global AIDS Fund

Posted December 19, 2001

The group laying the groundwork for the United Nations' Global Fund to Fight AIDS, Tuberculosis and Malaria has completed its work, paving the way for the Fund's board to create a framework document and begin operations....

Home Depot Founders Transform Atlanta's Philanthropy

Posted December 18, 2001

Bernard Marcus and Arthur M. Blank, the founders of Home Depot, Inc., are changing the philanthropic landscape in the city of Atlanta, which has mostly benefited from the wealth of Coca-Cola Co. in the last century....

Urban Institute Examines Compensation of Nonprofit Executives

Posted December 16, 2001

According to the Urban Institute, compensation of nonprofit executives varies significantly among different types of organizations, making new IRS regulations that tax nonprofits providing excessive executive compensation difficult to implement....

New Survey Finds Nonprofits Are Capitalizing on Technology

Posted December 15, 2001

A survey sponsored by Independent Sector and networking giant Cisco Systems Inc. finds that information technology is helping nonprofit organizations save time and increase productivity so they can devote more resources to pursuing their missions....

Mitte Foundation Gives $26.4 Million for Business School Scholars

Mitte Foundation Gives $26.4 Million for Business School Scholars

Posted December 14, 2001

The Roy F. and Joann Cole Mitte Foundation has announced gifts totaling $26.4 million to establish scholarships for students at the business schools of the University of Texas at Austin, the University of Arizona, and Indiana University....

Commonwealth Fund Survey Reveals Gaps in U.S. Health Coverage

Posted December 14, 2001

According to a new report from the Commonwealth Fund, one in four adults in the United States was without health insurance for all or part of 2000, revealing significant gaps in the U.S. health-care system even before the economic downturn....

Charities Form Group to Coordinate September 11 Relief Efforts

Charities Form Group to Coordinate September 11 Relief Efforts

Posted December 14, 2001

A coalition of about a dozen charities have formed the 9/11 United Services Group to help coordinate September 11 relief efforts and oversee a database with the records of about 30,000 individuals affected by the terrorist attacks....

September 11th Fund to Disburse Another $75 Million to Victims

Posted December 13, 2001

The September 11th Fund, which has raised $347 million for the relief and recovery efforts related to the terrorist attacks, plans to disburse $75 million to victims, their families, and those who lost homes or jobs in Lower Manhattan....

Moore Foundation Awards $261 Million to Conservation International

Moore Foundation Awards $261 Million to Conservation International

Posted December 11, 2001

The Gordon and Betty Moore Foundation has announced a series of grants totaling $261 million to Conservation International to launch a global initiative designed to prevent species extinction and protect the world's biodiversity hotspots....

White House Presses Senate to Pass Faith-Based Bill

White House Presses Senate to Pass Faith-Based Bill

Posted December 10, 2001

The Bush administration is stepping up its efforts to push a scaled-back version of its faith-based initiative through Congress, the Associated Press reports. The legislation has been on the back burner since September 11....

Gates Foundation Gives $1 Million for African Scholars Program

Posted December 10, 2001

The Seattle-based Bill & Melinda Gates Foundation has announced a five-year, $1 million grant to Smith College to support a Five College residency program for African scholars in the early stages of their academic careers....

Holy Cross Receives $2 Million to Expand Religious Programming

Posted December 9, 2001

The College of the Holy Cross has announced a $2 million grant from the Lilly Endowment to create or enhance programs enabling young people to draw upon the resources of religious wisdom as they consider their vocational choices....