Friday September 17, 2010
Top News From The Chronicle
Mothers and Young People Are Most Likely to Buy Products Tied to a Cause
A new study shows consumers want companies to do more to help social causes.
Nonprofit News From Elsewhere Online
Penn State Receives $88-Million Gift for Athletics
Officials at Penn State have announced an $88-million gift from an oilman to build a sports arena and develop men's and women's hockey teams that can compete with other large universities.
In the Arts:
Embattled N.Y. Opera Chair Steps Down; Columbus Symphony's Finances Improve
After seven years that saw the New York City Opera struggle with deficits and gamble on a high-profile European general director who quit before actually taking the job, Susan Baker has resigned as the organization's chairwoman, writes Bloomberg.
With Gates and Buffett Coming, China Remains Wary About Philanthropy
Warren Buffett and Bill Gates's forthcoming visit to China has sparked soul-searching and debate among the country's new "titans of industry" over what social responsibilities come with their burgeoning wealth, The Washington Post writes.
Entrepreneurs Get Creative to Maintain Giving in Down Economy
Small businesses, still struggling to recover from the economic slowdown, are adopting new strategies to pursue charitable goals as donating cash becomes less viable, according to The New York Times.
Directors of N.Y. Nonprofit Accused of Improper Oversight
A New York City investigation found that most of the directors at a social-services nonprofit that received $75-million in government funds—and that has ties to Vito Lopez, a state assemblyman—had no idea what the organization was doing or how it spent its money, the New York Post writes.
Buffett Associate Says Companies Do More Good Than Charity
Charles Munger, a director of the discount chain Costco and the longtime vice chairman of billionaire philanthropist Warren Buffett's investment firm, suggested in a talk with college students this week that investment in companies benefits society more than philanthropy, Bloomberg reports.Company Offers $1-Million to Charity for Penalty-Free Football GameThe Liberty Mutual Insurance company has pledged $1-million to charity if a regular-season college football game is completed this season without penalties, The Boston Globe reports.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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