Monthly Archives: December 2012

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Corporate Donors Favor ‘Elite’ Nonprofits, Study Finds

“Elite” nonprofits like arts institutions and colleges tend to benefit more from corporate giving than do social-welfare charities, according to a study published in the journal Organization Science.

The higher the concentration of corporate headquarters in a city, the faster the growth of local nonprofits, the study found. But the impact was greater on nonprofits that enrich the culture or higher learning of a community than on groups that aim to alleviate social problems.

The study examined th…

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Council on Foundations ‘Redesigns’ Organization and Sheds 19 Jobs

The Council on Foundations, an organization that represents many of the nation’s biggest grant makers, has eliminated 19 positions in the last two months, part of a “redesign” its president says will enable the organization to better serve its members.

In an interview, Vikki Spruill, who has led the association since July, said the change was driven by a need to work differently, not a decision to cut certain services or programs. The council, she said, would focus on better anticipating the nee…

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Progressive Grant-Making Collaborative Ceases Operations

The Funding Exchange, a 33-year-old organization that helped to pioneer social-justice giving, announced this week that it is ceasing operations.

Financial woes stemming from declining investment earnings from the group’s donor-advised funds led to the decision, said Casey Cook, executive director of the Bread and Roses Community Fund and chairman of the Funding Exchange’s board.

“Ultimately the board had to make the very difficult decision to cease operations at this time in order to be able to…

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Foundation Employees Want to Feel Their Work Matters, Survey Finds

Foundation jobs are often viewed as the most-desirable positions in the nonprofit world, but a new study finds they do not guarantee happiness.

Employees at the nation’s grant makers rated their job satisfaction an average of 5.3 out of 7, according to a study based on a survey of more than 1,000 people conducted by the Center for Effective Philanthropy.

Employees are far more likely to express satisfaction with their jobs if they feel they are respected, their ideas are valued, and they can use…

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Kauffman Foundation Names New CEO

The Ewing Marion Kauffman Foundation has selected a longtime board member, Tom McDonnell, to serve as its new chief executive, the grant maker said today.

Mr. McDonnell is a business leader who is retiring this year after nearly 40 years as chief executive of DST Systems, a technology company in Kansas City. He has served on the Kauffman foundation board since 2003 and as its chairman since 2006.

Tom McDonnell, courtesy of the Kauffman foundation

Mr. McDonnell succeeds Carl Schramm, who led Kauffman from 2002 until last year.

Mr. McDonnell said…