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    Harvard University Audited as Part of IRS Probe of Nonprofits

    Harvard University Audited as Part of IRS Probe of Nonprofits
    Harvard University is one of 40 colleges that will be audited this year as part of the Internal Revenue Service’s review of the tax-exempt status of some nonprofit organizations, the school said in bond offering documents. The audit “is just now beginning,” the Cambridge, Massachusetts-based university said in documents detailing plans to sell $400 million of tax-exempt securities this week. The ...
    Published almost 8 years ago | Rate This
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    Bill Gates Launches Blog and Twitter Account

    Bill Gates Launches Blog and Twitter Account
    A day after he entered the world of Twitter, Bill Gates is weighing in with his first personal blog. The Gates Notes, which just launched, is an online forum where several times a week the Microsoft co-founder plans to shares his thoughts on the Gates Foundation and his personal interests in energy and the environment. A good chunk of the blog ...
    Published almost 8 years ago | Rated: +1
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    White House Announces Open Submissions for Presidential Medal

    White House Announces Open Submissions for Presidential Medal
    The White House announced today that the 2010 Presidential Citizens Medal will be open for public nominations. The 40 year old award recognizes Americans who have "performed exemplary deeds of service for their country or their fellow citizens." Past winners include Colin Powell, Bob Dole and Rosa Parks, as well as everyday heroes like Oseola McCarty, a washerwoman who left her ...
    Published almost 8 years ago | Rated: +2
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    Wired to Give: Web Tools, Social Media Broaden Philanthropic Reach

    Wired to Give: Web Tools, Social Media Broaden Philanthropic Reach
    TORONTO — Faisal Sethi had long been attuned to social issues, causes and environmental initiatives, but lamented not being more actively involved. Now he is spearheading a web-based effort to support noteworthy organizations and causes, and inviting others sharing the sentiment to do the same. But those looking to jump on board might be surprised that giving back won't require them ...
    Published almost 8 years ago | Rated: +1
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    U.S. Arts Industry Faces Big Slump, More Competition for Money

    U.S. Arts Industry Faces Big Slump, More Competition for Money
    WASHINGTON — The number of U.S. arts organizations grew by thousands over the last decade, but many are now struggling with greater competition for audiences and charity dollars, according to a national study of the industry's health. The first National Arts Index released Wednesday by the group Americans for the Arts shows the nation's arts businesses fell into their biggest slump ...
    Published almost 8 years ago | Rate This
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    U.S. Charity for Haiti Outpaces Giving after Tsunami

    U.S. Charity for Haiti Outpaces Giving after Tsunami
    WASHINGTON -- Donations to U.S. charities for Haiti earthquake relief are outpacing donations from the days after the Asian tsunami in 2004 but haven't kept up with the outpouring of gifts following Hurricane Katrina. A tally by the Chronicle of Philanthropy shows $305 million was donated to 32 U.S. charities by Thursday. In the eight days after Katrina flooded New Orleans, ...
    Published almost 8 years ago | Rated: +4
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    IRS Reminds Nonprofits to File Form 990 On Time

    IRS Reminds Nonprofits to File Form 990 On Time
    WASHINGTON-The Internal Revenue Service today reminded tax-exempt organizations to make sure they file their annual information form on time. In 2010 the tax-exempt status of any non-profit that has not filed the required form in the last three years will be revoked. The Pension Protection Act of 2006 requires that non-profit organizations that do not file a required information form for ...
    Published almost 8 years ago | Rated: +3
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    NonProfit Rating Systems Give Donors the Scoop

    NonProfit Rating Systems Give Donors the Scoop
    When disaster strikes, as it has in Haiti, Americans dig into their pockets and give. While such generosity is unquestionably a good thing in a terrible time, few individuals do much research on the groups they've chosen to receive their money. The uncomfortable truth in philanthropy is that it's not easy to know whether the group you're giving to is particularly ...
    Published almost 8 years ago | Rated: +2
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    Magic of Disney Inspires 1 Million to Volunteer

    Magic of Disney Inspires 1 Million to Volunteer
    Volunteerism is catching on like wild fire these days. Indeed, what Patrick Corvington, CEO of the Corporation for National and Community Service, calls a "compassion boom," folks of all ages are giving back in large numbers across the U.S. The most recent example of this commitment to doing good? Disney's "Give a Day, Get a Disney Day" reached its goal ...
    Published over 7 years ago | Rated: +2
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    Amid Flood of Donor-Fund Assets for Haiti, a Plea to Stay the Course

    Amid Flood of Donor-Fund Assets for Haiti, a Plea to Stay the Course
    Wealthy individuals have been directing their donor-advised funds to contribute to Haiti relief efforts, and advisers are meeting with clients to help them set up long-term plans to aid the stricken nation. Through Friday, the Fidelity Charitable Gift Fund, which runs the largest donor-advised fund, had received orders to disburse $8.8 million from donor-advised funds to organizations providing relief for Haiti. ...
    Published almost 8 years ago | Rated: +4
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    Survey: Majority of Americans say that U.S. 'obliged' to help world's poor children

    Survey: Majority of Americans say that U.S. 'obliged' to help world's poor children
    When it comes to giving back, Americans have a special place in their hearts for children. A new survey out from ChildFund International (formerly known as Christian Children's Fund) and Ipsos Public Affairs has now put some numbers to how great this generosity could be. Indeed, the telephone survey, whose results were released yesterday, found that one-third (31%) of respondents think ...
    Published over 7 years ago | Rated: +2
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    The President Donates Noble Peace Prize Money to Charity

    The President Donates Noble Peace Prize Money to Charity
    WASHINGTON – President Obama today announced the charities that will receive a portion of the $1.4 million award that comes with the Nobel peace prize. “These organizations do extraordinary work in the United States and abroad helping students, veterans and countless others in need,” said President Obama. “I’m proud to support their work.” List of Charities: $250,000 to Fisher House Fisher ...
    Published over 7 years ago | Rate This
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    Charity CEO Pay Questioned: Senators Want Answers Over Nonprofit Leader's $1M Compensation

    Charity CEO Pay Questioned: Senators Want Answers Over Nonprofit Leader's $1M Compensation
    WASHINGTON — A group of Republican senators is questioning high salaries and expensive travel bills for executives at the Boys & Girls Clubs of America, raising issues that could jeopardize millions in federal funding for the national charity. The four senators said they were concerned that the chief executive of a charity that has been closing local clubs for lack of ...
    Published over 7 years ago | Rate This
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    Vibrant Haitian Art Vanishes in the Dust

    Men walk past a mural of voodoo representations of death in Port-au-Prince, Haiti, on Wednesday, January 20, 2010. CAROLYN COLE / MCT Port-au-Prince, Haiti - The vibrant murals that once adorned the walls of the Cathedrale of Sainte Trinite - created in the 1950s by some of the giants of Haitian art - are now largely dust, part of the gray ...
    Published almost 8 years ago | Rated: -1
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    List of 2009 MacArthur Foundation Grant Recipients

    The following 24 fellows each will receive $500,000 over the next five years from the John D. and Catherine T. MacArthur Foundation: Lynsey Addario, 35, photojournalist, Istanbul, Turkey. Creating a visual record of major conflicts and humanitarian crisis of the 21st century. Maneesh Agrawala, 37, computer vision technologist, Berkeley, Calif. Designing visual interfaces that enhance ability to synthesize and comprehend complex, ...
    Published almost 8 years ago | Rate This
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    New Yorkers Rackstraw Downes, Deborah Eisenberg, Theodore Zoli Get MacArthur 'Genius Grants'

    New Yorkers Rackstraw Downes, Deborah Eisenberg, Theodore Zoli Get MacArthur 'Genius Grants'
    A painter, a bridge builder and a short-story writer are three New Yorkers with a new title - "genius." Artist Rackstraw Downes, author Deborah Eisenberg and structural engineer Theodore Zoli are among 24 people tapped to receive $500,000 MacArthur Fellow grants. "I still can't quite believe it," said Eisenberg. "It didn't sound like a prank, but it's so impossible that you ...
    Published almost 8 years ago | Rated: +1
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    Former Maine Artist Wins MacArthur Genius Grant

    Former Maine Artist Wins MacArthur Genius Grant
    Portland, ME - Rackstraw Downes, a New York painter with deep Maine roots, is among the recipients of this year's prestigious MacArthur Fellowships. The awards, announced Monday, come with $500,000 prizes over the next five years and carry no obligations, said the John D. and Catherine T.MacArthur Foundation, which administers the fellowships. They are designed to give recipients freedom to reflect, ...
    Published almost 8 years ago | Rated: +1
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    Three Artists Win 500k "Genius" Awards

    Three Artists Win 500k "Genius" Awards
    Chicago, IL - The MacArthur Foundation bestowed its fellowship — popularly dubbed the "Genius Award" — to 24 lucky winners yesterday, and three visual artists were among the honorees: Mark Bradford, Camille Utterback, and Rackstraw Downes. The winners will receive $500,000 over five years in acknowledgment of the "exceptional merit and promise for continued and enhanced creative work" that they have ...
    Published almost 8 years ago | Rated: +1
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    Best Cities for Young Adults

    Are you a relatively educated, culturally with-it young person looking to live in a city with same? Well, here is your list of places to live. Above, from left to right and top to bottom, are America's best metropolitan areas for young adults, as calculated by Portfolio. They picked cities with "strong growth rates, moderate cost of living, and lots ...
    Published over 7 years ago | Rated: +1
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    Young Entrepreneur, 11, Recycles Sweaters to Make Scarves

    Young Entrepreneur, 11, Recycles Sweaters to Make Scarves
    Winston-Salem, NC - Every Wednesday night after she and her parents have supper at her grandparents' house, Logan Prysiaszniuk heads downstairs to her workshop. Logan, 11, works alongside her mother, Kristina Prysiaszniuk, and her grandmother, Faye Kapp, to make colorful scarves from recycled sweaters. The basement workshop is the manufacturing center for Logi B. Designs, the company that Logan started last ...
    Published almost 8 years ago | Rated: +3