Charles Bronfman and the head of his Andrea and Charles Bronfman Philanthropies, Jeff Solomon, wrote a joint piece for the Financial Times a few days ago, in which they chastised foundations and individual donors for not doing enough to leverage their money: “We find it very disheartening to see individual and institutional donors giving money… More ▸
According to the Jerusalem Post story, a new report says that the falling dollar has cost religious institutions in Israel some 350 million shekels. (Or what used to be $90 million but is now more than $100 million.) From the story: The survey is based on data from more than 80 haredi charity organizations such… More ▸
The New York Jewish Week reports this week that New York synagogues are considering charging congregants a fuel tax to help offset the rising cost of energy. (Yes, yes, I mentioned this in the roundup, but I felt like this deserved its own entry as well.) Reports Stewart Ain: “With heating oil and natural gas… More ▸
The Los Angeles Times took a look at how much non-profits pay for-profit outside fund-raisers – and found that the non-profits take home on average less than half of what the fund-raisers collect. The investigation looked only at non-profits in California that had hired outside firms and non-profits with national campaigns that raised money in… More ▸
The American Friends of Hebrew University will give Bill Gates its first ever Einstein Award. Gates, the Microsoft founder who recently left his job to work full time at his Bill and Melinda Gates Foundation, will receive the award at a gala dinner in New York in December. Proceeds from the dinner will help to… More ▸
The New York Jewish Week reports this week that the editor in chief of the Chronicle of Philanthropy thinks Jewish nonprofits might have a tougher time than others as the economy weakens, primarily because they are smaller than others. The Jewish Week asks: Is what’s happening among Jewish nonprofits mirroring the situation in the philanthropy… More ▸
While Americans gave more than $9 billion more in charity in 2007 than they did in 2006, according to the annual GivingUSA report, published Monday, the news is not rosy. Americans gave some $306.4 billion in charity in 2007, according to the report, which is prepared annually by the Indiana University Center on Philanthropy. That… More ▸
The head of the Jewish Funders Network, Mark Charendoff, thinks that it might be. Charendoff recently told the Fundermentalist that he has seen a slew of mailings from organizations, especially Israeli not-for-profits, claiming financial hardships now, given the failing dollar and the tanking U.S. economy. “We are definitely seeing it, and the question is whether… More ▸
Wednesday night, the guests at the annual banquet of the UJA-Federation of New York’s Wall Street and Financial Services Division got a message that they may not have liked: The economy and the country are screwed, and you all are complicit. David M. Walker, the president and CEO of the newly formed billion dollar Peter… More ▸
A December court decision in Minnesota could cost some Jewish non-profits their tax-exempt status, according to philanthropy experts. The Minnesota Supreme Court ruled this winter that the Rainbow Child Care Center in Red Wing was no longer exempt from paying property taxes as a 501c3 because it did not provide discounts on tuition to anyone… More ▸
