Mass. Explores ‘Social-Impact Bonds’ to Finance Projects
Massachusetts is considering a financing approach for social-service projects that would require charities and philanthropists to obtain private financing and show results before getting state money, Reuters writes.
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Money Questions Raised About Asia Charity Formed by ‘Three Cups’ Author
Charity watchdogs and others are raising questions about spending by the author and philanthropist Greg Mortenson’s charity, the Central Asia Institute, according to a “60 Minutes” report aired Sunday.
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S. Dakota Establishes Fund for Donors to Back State Projects
A new South Dakota law sets up an endowment to collect donations to support state government programs, the Associated Press writes.
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The Nation’s 10 Wealthiest Foundations
A look at the nation’s 10 wealthiest foundations in 2010.
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Video: Building an International Organization
Adam Braun, founder of the charity Pencils of Promise, discusses how he and others approached the task of building an international organization quickly.
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Watchdogs Question Bloomberg Beneficiary’s Spot on N.Y. Schools Panel
A leader of nonprofit groups that have received hundreds of thousands of dollars in private donations from New York Mayor Michael R. Bloomberg has been named to the commission vetting his choice for schools chancellor, The New York Times reports.
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A Denver Post article cited in Wednesday’s Philanthropy Today incorrectly characterized plans by the Clyfford Still Museum.
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Mass. Attorney General Backs Sale of Catholic Hospital Chain
Massachusetts Attorney General Martha Coakley has recommended approval of a deal to turn the nonprofit Caritas Christi Health Care system into a chain of for-profit hospitals, says The Boston Globe.
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More Start-Up Companies Seek Consumer Loyalty by Aiding Charities
Following the example of for-profit social ventures like Toms Shoes, which gives a pair of shoes to the needy for each one sold, more start-up companies are incorporating charity into their business model, The Wall Street Journal says.
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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.
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