Fort Worth Orchestra Faces More Pay Cuts in Contract Talks
Five years after Fort Worth Symphony Orchestra musicians agreed to a 13.5-percent pay cut to shore up the organization’s listing finances, management is seeking additional reductions in a new round of contract negotiations, Fort Worth Weekly writes.
Mich. Charity Gaming Take Plummets as Regulators Crack Down
Nonprofits in Michigan have lost millions of dollars in revenue in recent years as the state has tightened restrictions on “poker rooms” and other casino-style fundraising events authorities say had become rife with fraud, reports the Detroit Free Press.
Audit: U.K. Gave Now-Shuttered Youth Charity $70 Million
A British government audit found that Kids Company, a high-profile nonprofit that collapsed in August, continued to receive multimillion-dollar taxpayer-funded grants despite warning signs about its management and spending, BBC News reports.
Harvard Raises $1 Billion for 2nd Consecutive Year
The university’s fundraising has reached the 10-figure mark in each of the two fiscal years since the public launch of its $6.5-billion capital campaign, Bloomberg writes.
Judge Rejects Ala. Bid to Cut Off Planned Parenthood Funding
Following similar rulings in Louisiana and Utah, a U.S. District Court judge in Alabama ordered the state to restore Medicaid money for Planned Parenthood clinics, saying Gov. Robert Bentley’s attempt to do so would likely violate federal rules, reports the Los Angeles Times.
After Post-Sandy Surge, Giving to Red Cross Drops 32%
Donations to the American Red Cross fell from nearly $1.1 billion in 2013 to $734.6 million last year, the Associated Press reports, citing The Chronicle of Philanthropy’s latest Philanthropy 400 ranking of the biggest U.S. nonprofits.
Clinton Foundation Says Donations Are Up for 2015
Pushing back against suggestions that it has been hurt by scrutiny associated with Hillary Clinton’s run for the presidency, the foundation announced Thursday that it raised more money in the first nine months of this year than during the same period in 2014, writes The Washington Post.
Big Nonprofits Capture Increasing Share of Charitable Dollar
The Chronicle’s exclusive annual ranking of the organizations that raised the most private support, which turns 25 this year, shows that upstarts have a hard time breaking into the top tier.
By Drew Lindsay
Contributor
Report: U.S. Used Christian Aid Group for N. Korea Espionage
The Defense Department used Humanitarian International Services Group as a front to spy on North Korea for nearly a decade as part of a highly classified intelligence program, according to investigative news website The Intercept.
Pope’s U.S. Visit Was a ‘Shot in the Arm’ for Catholic Charities, Says Group’s Leader
Sister Donna Markham, the head of Catholic Charities USA, tells The Wall Street Journal she is hoping to build on the momentum created by Pope Francis’s recent visit to further serve the poor.
Carson’s Claim That 9 in 10 Nonprofits Fail Is Unfounded
The Washington Post and Factcheck.org are unable to find IRS data to support the statistic on nonprofit failures frequently cited by the Republican presidential contender.
Bias and Funding Struggles Stall Plan for Calif. Mental-Health Residence
A nonprofit raised $600,000 to build a residential treatment center in Contra Costa County, but neighbors worried that the patients would pose danger and that property values would decline, the Los Angeles Times reports.
Weills Pull $20-Million Gift After Court Denies College Renaming
Paul Smith’s College officials said billionaire philanthropists Joan and Sanford Weill withdrew their donation after a judge rejected their condition that Ms. Weill be added to the institution’s name, reports The New York Times.
Texas Investigators Demand Planned Parenthood Clinic Records
Three days after taking steps to cut off government funding for Texas Planned Parenthood affiliates, state health investigators served orders Thursday for years of patient records, staff addresses, and other documents from the women’s health organization, The Washington Post and the Austin American-Statesman report.
Appeals Court Says L.A. Can Audit Union-Linked Nonprofits
Los Angeles officials won long-sought legal authority Thursday to fully comb the books of controversial nonprofits co-run by the city’s Department of Water and Power and the union representing much of its workforce, reports the Los Angeles Times.
Foundations and Endowments Eye Private-Equity Co-Investments
Nonprofit institutional investors are increasingly weighing investment deals in which they put up money alongside a private equity firm rather than simply committing more money to that firm’s equity funds, The New York Times writes, citing a study by Boston investment consulting firm NEPC.