February 15, 2012

February 15: Philanthropy News


College fundraising climbs to $30.3 billion
Philanthropy Journal

Colleges and universities in the U.S. raised $30.3 billion in the fiscal year ended June 30, 2011, up 8.2 percent over 2010, but still $1.3 billion shy of the historical high posted in 2008 . . .

Money Raised by Colleges, 2010-11
Chronicle of Higher Education

Ray Charles Foundation wants Albany State to return $3M gift
Atlanta Journal Constitution 

The Ray Charles Foundation is demanding the return of a $3 million gift given to Albany State University a decade ago because the organization says the college has yet to use the money to build a performing arts center in the late artist's name.

Hopkins plan fits with spirit of agreement

... discounted price of $5 million — a deal that constituted a large gift to Hopkins. ... the delivery of health care services “or related purposes only, ...

Nonprofits Oppose Obama Plan on Limiting Charity Write-Offs
Chronicle of Philanthropy

President Obama renewed his call to limit charitable deductions for the fifth time in his presidency Monday, seeking again to limit the ...

Canada Revokes Nonprofit's Status, Saying It Was a Tax Shelter
Chronicle of Philanthropy

A Canadian nonprofit accused by the country's government of facilitating a tax shelter that allowed donors to receive inflated tax ...

Tags: Philanthropy, Philanthropy

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