10/27/2011 Daily Update From the Chronicle of Philanthropy

Some Companies Increase Giving as Downturn Recedes

Half of big companies gave more to charity in cash and products last year than they did in 2007, just before the recession took hold, according to a report released today by the Committee Encouraging Corporate Philanthropy.

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From: philanthropy-today@chronicle.com
Date: Thu, 27 Oct 2011 11:04:00 -0400 (EDT)
To: <philanthropy-today@chronicle.com>
Subject: 10/27/2011 Daily Update From the Chronicle of Philanthropy

The Chronicle of Philanthropy

Philanthropy Today

Thursday October 27, 2011

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Top News From The Chronicle

Some Companies Increase Giving as Downturn Recedes
Half of big companies gave more to charity in cash and products last year than they did in 2007, just before the recession took hold, according to a report released today by the Committee Encouraging Corporate Philanthropy.

Roughly 1 in 7 Foundations Holds Mission Investments
Larger foundations are more likely to seek both social and financial returns, according to a new report by the Foundation Center.

Playing Devil's Advocate for the Greater Good
The U.S. Army has assigned teams to challenge assumptions by commanders and staffs, to question decisions, and to present alternatives—a practice that has been copied in the fight against polio.

New Grants From The Chronicle

The Chronicle has posted 55 new grants in the past week. See the full list, which is available exclusively to subscribers.

Among the highlights:

• The Target Corporation has awarded $3-million to America’s Promise Alliance for its efforts to reduce the number of students dropping out of school and to prepare them for college and the work force.

• The McKnight Foundation has awarded $1-million to the Nonprofit Finance Fund for ArtPlace, which aims to integrate artists and arts groups into local efforts in transportation, housing, community development, and job creation as a tool for economic recovery.  

Send news about grants to grants.editor@philanthropy.com.

Nonprofit News From Elsewhere Online

Boston Nonprofit Leader Khazei Drops U.S. Senate Bid
City Year co-founder Alan Khazei said Harvard professor and consumer advocate Elizabeth Warren's entry into the Democratic primary field "definitely affected my position" in the race to challenge Massachusetts Sen. Scott Brown, writes The Boston Globe.

U.K. Charity Regulator Floats Tapping Nonprofits for Revenue
The head of Britain's Charity Commission told Parliament a levy on the organizations its regulates would be "the most attractive" option to raise new revenue for its operations, which have been hit by budget cuts, Third Sector Online reports.

In Education: Private Donors Support Mich. District for Low-Performing Schools
Michigan is launching the country's first public-school district funded primarily by private contributions in a bid to improve performance at the state's lowest-rated schools, according to the Detroit Free Press, and Hewlett-Packard CEO is donating $10-million to Teach for America, the San Jose Mercury News reports.

Lacking Promised Gift, Calif. University Takes on Debt for Sports Project
Sacramento State University could end up with significant loan costs due to a billionaire donor's slow fulfillment of a $10-million pledge, according to Capitol Weekly.

$20-Million Gift to Support N.Y.'s High Line Park
The donation came from media mogul Barry Diller and his wife, fashion designer Diane von Furstenberg, The New York Times says.

In the Arts: $10-Million Pledge for Education Wing at New Whitney
New York arts philanthropist Laurie Tisch's gift will allow the Whitney Museum of American Art to offer in-house classes for the first time, writes Crain's New York Business.

Obituary: Ronya Kozmetsky, 90, Texas Philanthropist and Educator
The head of the Austin, Texas-based RGK Foundation and a leading donor to health, education, and women's causes died Tuesday, says the Austin American-Statesman.

Advice From the Experts

Sharpen Your Writing Skills
Join us on Tuesday, November 1, at noon U.S. Eastern time for a live online discussion with practical tips on how to improve your writing.

Raising Money Through 'Deal of the Day' Sites
Join us on Tuesday, November 8, at noon U.S. Eastern time for a live online discussion about the best ways charities can use popular discount sites like Groupon to raise money.

Unleash Your Board's Fund-Raising Power

Nonprofits that are thriving in this bad economy often have one powerful resource: a board that does a great job of raising money.

Join us for a special Chronicle of Philanthropy Webinar to learn how to help your board members attract generous and loyal donors and fund-raising partners. You’ll hear directly from a board chair and chief executive, plus a veteran fund-raising consultant.

Sign up now so you can join us on Thursday, November 17, at 2 p.m. U.S. Eastern time

Job Alerts

Find new listings of jobs every day and get career advice.

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