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Tag Archives: fundraising
September 26, 2012, 10:23 am
Senators Quiz Fundraising Firm About Work for Veterans Group
The Senate Finance Committee has asked Quadriga Art, a direct-marketing firm, to provide financial records about its ties to the Disabled Veterans National Foundation, a charity the committee is investigating because it has spent little money on services that directly help veterans.
Most of the money the veterans’ group has raised from an extensive direct-mail operation has gone to pay bills at Quadriga and its subsidiary Brickmill Marketing Services. It owes about $17-million to the two companies, a Quadriga spokeswoman said last month.
The finance committee’s letter asks Mark Schulhof, Quadriga Art’s chief executive, to provide details about business dealings among Quadriga, its related entities, and the veterans’ charity from 2008 to 2011. It requests information about the goods and services the companies have offered, their cost, the revenue they have earned, and the money…
January 19, 2012, 8:38 am
Does Charity Advocacy Pay Off?
A study released today from a foundation watchdog group says that advocacy efforts by charities can pay off, to the tune of billions of dollars to communities.
The National Committee for Responsive Philanthropy study examined 110 charities in 13 states and found that work such as pushing for more aid to schools and housing for the poor resulted in $26.6-billion in benefits to communities over five years. Money for the campaigns came from foundations and other donors.
The study comes as the watchdog group is urging foundations to step up their spending on efforts to influence public policy and running a campaign called Philanthropy’s Promise, which asks grant makers to commit to devoting at least 25 percent of their grants each year to advocacy.
Altogether, the report said, the charities spent $231-million on efforts to influence policy makers and the public, meaning every $1…
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