Category Archives: News-updates

Teach for America Veterans Find a Welcome at Google

Education nonprofit Teach for America has become something of a pipeline to work at Google, Business Insider writes. The tech giant employs more than 100 veterans of the teacher-training program, which sends recent college graduates into low-income urban and rural school districts to teach for two years.

Google has a partnership with Teach for America that allows prospective hires to defer joining the firm to complete their teaching stint. “TFA graduates have to coach their students in an enviro…

Anti-Doping Body: Charity Ride Might Violate Armstrong Ban

The U.S. Anti-Doping Agency is investigating whether Lance Armstrong’s planned participation in a charity bike ride in South Carolina this weekend would violate the disgraced cyclist’s lifetime ban, Bloomberg writes. Mr. Armstrong is scheduled to take part in the Gran Fondo Hincapie in Greenville, S.C., at the invitation of George Hincapie, his former teammate on the U.S. Postal Service cycling squad.

The anti-doping body’s October 2012 report on Mr. Armstrong’s use of performance-enhancing subs…

Opinion: Boston Globe Blew It on Attorney General’s Suit Aiding Charity

A Boston magazine editor takes The Boston Globe to task for an article the daily published last week that he says misleadingly linked a lawsuit filed by Massachusetts Attorney General and gubernatorial candidate Martha Coakley and a housing nonprofit headed by one of her financial backers.

The June suit challenges federal mortgage agencies’ refusal to sell foreclosed homes to nonprofits that want to return them to the original owners. One such group, Boston Community Capital, is led by Elyse Che…

Heads of Drug-Rehab Nonprofit Charged With Stealing Millions

The father-and-son operators of a New York City drug-treatment charity were indicted Wednesday on charges of using the largely government-funded organization to steal millions of dollars, the New York Daily News and Long Island Press report.

Alan Brand, 64, served as executive director of Narco Freedom, which runs rehab facilities across the city. Jason Brand, 35, worked as a manager for the Bronx-based nonprofit. Prosecutors said they defrauded an insurance company out of $3.5-million by filing…

S.C. Fines Fundraising Firm $1-Million for Charity Pitches

South Carolina’s secretary of state has levied a $1.054-million fine on a commercial fundraiser for “numerous violations” of the state’s law on charity solicitations, WIS television of Columbia, S.C., reports. Authorities said callers for Minnesota-based Strategic Fundraising did not disclose to prospective donors in South Carolina that they were paid solicitors, did not give the locations of client charities, and misrepresented the share of donations going to mission programs.

The citations inv…

Berkshire Billionaire Munger Gives $20.7-Million to UC-Santa Barbara

Berkshire Hathaway vice chairman Charles Munger has donated $20.7-million worth of stock in the Warren Buffett-led investment company to the University of California, Santa Barbara, reports Bloomberg.

The 90-year-old investor’s gift of 100 Class A shares in the Omaha, Neb., firm was disclosed in a regulatory filing Tuesday. Mr. Munger has become a major benefactor of educational institutions and donated $110-million last year to the University of Michigan, where he studied mathematics in the 194…

Wealthy Districts Drive Spike in Giving for Public Schools

Fundraising by nonprofits supporting specific public schools and school districts more than quadrupled from 1995 to 2010, The New York Times reports, citing new research. The boom is driven by parents in high-income communities, fueling a debate about educational inequality, the Times says.

Private groups associated with schools and districts raised about $880-million in 2010, compared to $197-million 15 years earlier, according to a study by two Indiana University researchers published in the j…

Finances Better and Care Same When Hospitals Go For-Profit, Study Finds

New Harvard University research found that nonprofit hospitals substantially improve their bottom lines by converting into for-profit institutions, while the level of patient care remains about the same, writes U.S. News & World Report. The study reviewed Medicare and Medicaid records to assess fiscal and treatment outcomes at 237 struggling nonprofit medical centers that went commercial.

Researchers said earnings increased substantially at hospitals that went commercial, while patient volumes a…

Union Hits Calif. Catholic Hospitals With Pension Suit

A California health workers’ union seeking to derail the sale of Daughters of Charity Health System to a for-profit network has sued the Catholic chain, claiming it has drastically underfunded employee pensions, San Francisco Business Times reports. The Service Employees International Union says it is acting to protect retirement benefits for current and former Daughters of Charity employees, but the nonprofit dismissed the suit as “an unfortunate scare tactic” in the labor group’s campaign agai…

Britain Aims New Rules at Militants Using Charities as Fronts

Britain’s Charity Commission will get new powers and additional funds to combat the use of nonprofits as a front to raise money for terrorist organizations, Reuters reports. The stricter regulations announced Wednesday by Prime Minister David Cameron follow the terrorism-related convictions of several individuals who had posed as charity fundraisers to finance planned attacks.

The regulatory agency will gain authority to shut down charities for mismanagement and disqualify trustees it considers …