Nonprofit Financial Leaders Express Concern About Economy
Nonprofit leaders express concern about the economy
By Debra E. Blum
Contributor
Fund-Raising Angst Backed Up by 2008 Declines in Gifts, Survey Finds
Fund-raising angst backed up by 2008 declines
By Debra E. Blum
Contributor
Va. Charity Ordered to Pay $6.5-Million in Damages
A Texas court has ordered the National Heritage Foundation, a Virginia charity, to pay millions of dollars in damages to two donors who claimed to have been misled by the organization. The National Heritage Foundation, which was one of the leading promoters of a controversial giving technique that…
By Debra E. Blum
Contributor
Passion for Causes Fuels Volunteer’s Third Career
It’s not unusual for lunch with John C. Whitehead to cost upwards of $100,000. That’s because the retired investment banker is likely to ask his dining companions to make a generous contribution to one of the many nonprofit organizations that are close to his heart. During his nearly 40-year tenure…
By Debra E. Blum
Contributor
Donors Wrestle With Uncertainty Over Tax Proposals and Troubled Economy
A California donor might speed up his real-estate gift to a hospital, worried that if capital-gains taxes are raised under a new presidential administration, he would be less well off at the end of the transaction. In Texas, a donor is slowing his plans to create a multimillion-dollar trust to…
By Debra E. Blum
Contributor
Texas Court Orders $6.5-Million Payment in Planned-Gift Lawsuit
Texas court orders $6.5-million payment in planned-gift lawsuit
By Debra E. Blum
Contributor
Judge Expected to Rule in Case Against Va. Charity
A Texas court is poised to rule on a lawsuit against the National Heritage Foundation, a Virginia charity that was one of the leading promoters of a controversial giving technique that was effectively abolished by a 1999 law. The lawsuit charges that the National Heritage Foundation misled a Texas…
By Debra E. Blum
Contributor
Hospital Endowments Grew by 8% Last Year, New Study Finds
Even before the stock-market gyrations of recent weeks, nonprofit health-care institutions were seeing the signs of a weaker economy, according to a report released last month. Nonprofit health-care organizations generated 8 percent on their investment assets last year, down from an average return…
By Debra E. Blum
Contributor
Nonprofit Hospitals See Drop in Investment Returns
Nonprofit hospitals see drop in investment returns
By Debra E. Blum
Contributor
To Recruit Younger Workers, Charities Must Call Attention to Values, Report Says
Charities should call more attention to their missions and their values to attract and retain the next generation of employees, according to a new report. Nonprofit groups should sell not just the job to potential employees but also the “context of the job,” says the report from the Johns Hopkins…
By Debra E. Blum
Contributor