Thursday September 16, 2010
Top News From The Chronicle
Volunteers Are More Likely to Get Involved in Civic Activities
A new report shows the connections between volunteering and other aspects of public life.
Nonprofit News From Elsewhere Online
Former College Dean Accused of Diverting Charitable Gift
A former top official at St. John's University in New York was arrested Wednesday and charged with embezzling a big charitable gift and other institution funds worth about $1-million, says The New York Times.
Fla. Sports Philanthropist Pleads Guilty to $880-Million Fraud Scheme
A Fla. businessman pleaded guilty Wednesday to running a multi-state Ponzi scheme, in part to finance the man's charitable giving, the Associated Press reports.
L.A. County Extends Lifeline to Prominent Anti-Gang Charity
The Los Angeles County Board of Supervisors voted Tuesday to award a $1.3-million contract to a nationally recognized but financially foundering charity that provides jobs to draw young people away from gang life, writes the Los Angeles Times.Columbia U. Endowment Beats Market With 17% ReturnColumbia University's endowment outperformed major stock-market indexes as well as some other elite institutions in the most recent fiscal year, posting a 17.3-percent return on investments, The New York Times says.
In the Arts: N.Y. Board Drops Rules on Museum Art Sales; Warner Bros. Supports Smithsonian CinemaThe New York State Board of Regents agreed Tuesday to abandon restrictions on museums selling art to cover their operating costs, according to The New York Times.
Nonprofit Mass. Hospitals Seek Rules on Sold Catholic Medical CentersA coalition of community hospitals in Massachusetts wants the state's attorney general to impose strict conditions on the planned sale of a Catholic hospital chain to a private-equity firm, The Boston Globe writes.Three Teams Share $10-Million X Prize for Building Fuel-Efficient CarThree groups with roots in auto racing have won the X Prize Foundation's $10-million contest to advance the technology for developing super-fuel-efficient vehicles, The New York Times writes.Other Features From The Chronicle
Most Foundation Leaders Aren't Regular Users of Social MediaSocial-media sites like Twitter and Facebook remain foreign tools to many foundation leaders, according to a new survey.Stand Up to Cancer's Fund-Raising Telethon Brings in $80-MillionMore viewers saw the hourlong, commercial-free telecast, but the event took in 20 percent less than it raised in 2008.In Their Own Words: Robert FriedmanRobert Friedman, chairman and founder of the Corporation for Enterprise Development, discusses how working with Jimmy Carter when he was governor of Georgia led him to a career in the nonprofit world.Advice From the Experts
Using Online Tools for Year-End Fund RaisingJoin us on Tuesday, September 21, at noon U.S. Eastern time for a live online discussion about the smartest ways to raise money online during the busy year-end giving season.How Arts Groups Are Faring in the Troubled EconomyJoin us on Tuesday, September 28, at noon U.S. Eastern time for a live online discussion about how arts groups are faring in the troubled economy and learn what they are doing to reclaim their stability as they look toward the future.
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