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Finance and Revenue

(page 70 of 100)

Tips and Tools for Better Annual Reports

A collection of advice and ideas for effectively showcasing the work your organization has accomplished in a given year.

New York Times Investigation Adds to New Criticism of Wounded Warriors Charity

Just hours after CBS broadcast a report on the Wounded Warrior Project raising questions about excessive spending on conferences for staff members and other purposes, The New York Times released an extensive investigation that highlighted additional concerns.

Survey Finds Big Slowdown in College Endowment Growth

After two years of double-digit gains, college and university investment funds grew a relatively meager 2.4 percent in the last school year, the Associated Press writes, citing the latest annual report by the Commonfund Institute and the National Association of College and University Business Officers.

Fla. Might Scrap State Charity Drive Amid Management Flap

Efforts by Florida lawmakers to reform the state government’s troubled workplace fundraising campaign have stalled as the governor’s office raises the prospect of eliminating the drive, the Tallahassee Democrat reports.

TV Report Hits Wounded Warrior Project on Event Spending

A CBS News investigation raises questions about spending by the Wounded Warrior Project, a prominent national veterans charity that has vastly increased expenditures on meetings and conferences in recent years.

Naming Rights a Growing Topic of Talk at Harvard Medical School

The possibility that Harvard University could rename its prestigious medical school for a sufficiently large gift — up to $1 billion, by some estimates — is the subject of widespread discussion among faculty and officials, according to Stat, a news website covering the health industry.

N.Y. Woman Gets 1 to 3 Years for $300,000 Charity Swindle

The former head of a nonprofit Queens clinic was sentenced Friday for defrauding the organization of government grant money, reports the New York Daily News.

With Donor’s Pledge Done, College Drops Scholarship Program

The New York Times examines what happened to a donor-funded program aimed at helping first-generation college students when the recipient universities stopped getting the contributor’s checks.

Health Charity to Pay $47 Million to Settle Medicaid Case

CenterLight Healthcare admitted enrolling more than 1,200 ineligible seniors in a Medicaid-sponsored long-term care program, for which the New York City nonprofit improperly collected millions of dollars in monthly fees, The Forward reports.

Union of Atheist Nonprofits Forms Biggest U.S. Secular Group

The U.S. branch of British scientist and author Richard Dawkins’s atheism foundation has merged with the like-minded Center for Inquiry, creating the largest secularist organization in America, reports the Religion News Service.

Vibrant Boston Arts Scene Lags in Public Funding, Study Says

Boston has one of the most active cultural sectors among major U.S. cities but lags behind other urban areas in institutional and government support, The Boston Globe writes, citing a new report by the Boston Foundation.

Turbulence on Wall Street Doesn’t Yet Spell Fundraising Panic, Experts Say

Turbulence on Wall Street Doesn’t Yet Spell Fundraising Panic, Experts Say

Foundations and individuals aren’t likely to reduce their giving if the market recovers from the past three weeks of sharp losses.

Christie Vetoes Bill to Levy Fees on Nonprofit Hospitals

Exercising a “pocket veto,” New Jersey Gov. Chris Christie rejected legislation Tuesday to require the state’s nonprofit medical centers to pay fees to local governments for police, fire, and other services, The Record and NJ Advance Media write.

Livestrong Leader Steps Down Less Than a Year After Hiring

Chandini Portteus cited family reasons in announcing her resignation as president and chief executive of the high-profile cancer charity she was appointed to lead 10 months ago, the Dallas Morning News and the Austin American-Statesman report.

DiCaprio Announces New $15 Million Round of Green Grants

Actor Leonardo DiCaprio announced $15 million in new foundation funding for environmental and conservation efforts and ripped “corporate greed” in the energy industry in a speech Tuesday at the World Economic Forum in Davos, the Associated Press and Variety report.

7 Tips for Enlivening Your Nonprofit’s Annual Report

Avoid data overload; share accomplishments, not activities; and other ways to keep readers’ attention.