9/29/2010 Daily Update From the Chronicle of Philanthropy

Philanthropy Today
Wednesday September 29, 2010

Top News From The Chronicle

Affluent Blacks Differ in Giving Patterns From Whites, Study Finds
A new survey shows differences between the causes supported by wealthy whites and blacks.
Blacks make their biggest gifts to education and religion.

Why Smart Giving Is Good for Business: Citigroup's CEO Offers His Philanthropy PhilosophyVikram S. Pandit, chief executive of Citigroup, explains his views on corporate philanthropy and how his company plans to give.Nonprofit News From Elsewhere Online

Democrats Seek IRS Scrutiny of Nonprofits' Political SpendingDemocratic members of the Senate Finance Committee want the Internal Revenue Service to investigate whether nonprofit advocacy groups are violating rules limiting their political spending, The New York Times and The Wall Street Journal write.Carlos Slim Derides Billionaire Giveaways as Gates and Buffett Prepare China PitchThe Mexican telecommunications magnate Carlos Slim, the world's richest man, said Wednesday that his money would be better spent on projects that create jobs than on charity, according to Bloomberg.
Gates Foundation and Nation's Cities Team to Raise College-Graduation RatesThe Bill & Melinda Gates Foundation and the National League of Cities announced Monday a $12-million effort to raise college-graduation rates among low-income and minority students in four communities, reports the Associated Press.


Bush Institute to Start Program for School Principals

Improving the performance of school principals will be the focus of the first project undertaken by the George W. Bush Institute, writes the Associated Press.Internet and New Rules Raise Charity-Gambling Revenue in Britain
Proceeds from British charities' gaming events have jumped by nearly 40 percent over five years thanks to looser regulation and new media, Third Sector Online reports.Television Producer Mulls Giving Away MacArthur PrizeThe writer and producer David Simon, the main creative force behind the acclaimed television series The Wire and Treme, told The Baltimore Sun he might give his $500,000 MacArthur Foundation fellowship to charity.Advice From the Experts

Bolder Giving Series: Deciding How to Give Away MoneyRead a transcript from today's live online discussion with Farhad A. Ebrahimi, a philanthropist, who talked about how he developed his philanthropy and established an environmental foundation.


How Arts Groups Are Faring in the Troubled Economy

Read a transcript from yesterday's live online discussion about the state of arts groups and how some are reclaiming their stability and others are still struggling.
The Future of Nonprofit Financing: Live From the 2010 Social Capital Markets ConferenceJoin us on Tuesday October 5, at noon U.S. Eastern time for a live online discussion about the future of nonprofit financing.  

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From: philanthropy-today@chronicle.com
Date: Wed, 29 Sep 2010 14:40:01 -0400 (EDT)
To: <philanthropy-today@chronicle.com>
Subject: 9/29/2010 Daily Update From the Chronicle of Philanthropy

The Chronicle of Philanthropy
Philanthropy Today

Wednesday September 29, 2010

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Top News From The Chronicle

Affluent Blacks Differ in Giving Patterns From Whites, Study Finds
A new survey shows differences between the causes supported by wealthy whites and blacks. Blacks make their biggest gifts to education and religion.

Why Smart Giving Is Good for Business: Citigroup's CEO Offers His Philanthropy Philosophy
Vikram S. Pandit, chief executive of Citigroup, explains his views on corporate philanthropy and how his company plans to give.

Nonprofit News From Elsewhere Online

Democrats Seek IRS Scrutiny of Nonprofits' Political Spending
Democratic members of the Senate Finance Committee want the Internal Revenue Service to investigate whether nonprofit advocacy groups are violating rules limiting their political spending, The New York Times and The Wall Street Journal write.

Carlos Slim Derides Billionaire Giveaways as Gates and Buffett Prepare China Pitch
The Mexican telecommunications magnate Carlos Slim, the world’s richest man, said Wednesday that his money would be better spent on projects that create jobs than on charity, according to Bloomberg.

Gates Foundation and Nation's Cities Team to Raise College-Graduation Rates
The Bill & Melinda Gates Foundation and the National League of Cities announced Monday a $12-million effort to raise college-graduation rates among low-income and minority students in four communities, reports the Associated Press.

Bush Institute to Start Program for School Principals
Improving the performance of school principals will be the focus of the first project undertaken by the George W. Bush Institute, writes the Associated Press.

Internet and New Rules Raise Charity-Gambling Revenue in Britain
Proceeds from British charities’ gaming events have jumped by nearly 40 percent over five years thanks to looser regulation and new media, Third Sector Online reports.

Television Producer Mulls Giving Away MacArthur Prize
The writer and producer David Simon, the main creative force behind the acclaimed television series The Wire and Treme, told The Baltimore Sun he might give his $500,000 MacArthur Foundation fellowship to charity.

Advice From the Experts

Bolder Giving Series: Deciding How to Give Away Money
Read a transcript from today's live online discussion with Farhad A. Ebrahimi, a philanthropist, who talked about how he developed his philanthropy and established an environmental foundation.

How Arts Groups Are Faring in the Troubled Economy
Read a transcript from yesterday's live online discussion about the state of arts groups and how some are reclaiming their stability and others are still struggling.

The Future of Nonprofit Financing: Live From the 2010 Social Capital Markets Conference
Join us on Tuesday October 5, at noon U.S. Eastern time for a live online discussion about the future of nonprofit financing.  

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