The good: Corporate foundation giving was up more than 6.5 percent in 2007, to approximately $4.4 billion, according to a new summary report from the Foundation Center. The report also notes that:
Adjusted for inflation, such giving has nearly doubled since 1990.
Education was the top priority of corporate foundations across regions, comprising about a quarter of […]
Well-heeled colleges and universities are being scrutinized for their impressive endowments and facing questions about why those funds aren’t used to lower tuition or in the service of underresourced groups. But as Sunday’s New York Times showed, for many schools, gifts come with so many odd qualifications that it can be difficult to them to […]
My brother, a D.C.-area resident and Washington Nationals season-ticket holder, has given new Nationals Park the thumbs-up, and as a lover of baseball and cool stadiums, I’m eagerly anticipating my first game there. In the meantime, I have to offer a hearty virtual chest-bump to the Nationals for following through on their commitment to give […]
Talk about ambitious. Greg McHale thinks he’s found a win-win-win-win way for:
Nonprofits to reach greater numbers of donors, volunteers, and event participants
People to discover new ways to contribute to the causes they believe in
Media companies to earn more advertising revenue
Corporations to increase the visibility of their giving programs
McHale is the founder and CEO of good2gether, […]
Interesting and, I think, wise choice by the American Red Cross for its new CEO: A former for-profit marketing professional turned Harvard marketing professor who has a ton of experience raising money. Even better, it took the organization just five months to land Gail J. McGovern. Given the Red Cross’s financial troubles and leadership tumult, […]
Nonprofit hospitals are enjoying very healthy bottom lines, and lawmakers are taking note.
Riding gains from investment portfolios and enjoying the pricing power that came from a decade of mergers, many nonprofit hospitals have seen earnings soar in recent years. The combined net income of the 50 largest nonprofit hospitals jumped nearly eight-fold to $4.27 billion […]
Nonprofits can’t afford to throw money at their problems. Creative thinking is an extraordinarily vital item for them to have in their toolkit in order to further their missions. One way to actualize such thinking is for them to be on the lookout for socioeconomic changes and to leverage those changes in support of their […]
The global economic slump that followed the September 11 attacks caused 40 percent of the 6,500 nonprofits surveyed by the Nonprofit Finance Fund to run operating deficits for three straight years. With many observers believing the United States is on the verge of a recession, the Nonprofit Finance Fund held a conference call with reporters […]
Like the New York Giants, their opponent in Sunday’s Super Bowl, the New England Patriots have developed relationships with numerous nonprofits working in the community. The team, in fact, started its own nonprofit, the New England Patriots Charitable Foundation, “to assist a variety of charitable organizations and programs by supporting their educational, family and health […]
The annual display of orgiastic excess and self-promotion that is the Super Bowl takes place next weekend. The New York Giants and New England Patriots will conclude two weeks of mindless hype, absurd media coverage, and countless beer commercials with an actual football game that will, unfortunately, be so immersed in consumption that the National […]
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