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Nonprofit Really Cleaning Up
March 15, 2010; Orlando Sentinel | An Orlando, Fla., based charity, in business for less than a year, is cleaning up—on both donations and good works.—Bruce Trachtenberg
Citigroup to Help Finance 20,000 NYC Housing Units
March 15; BusinessWeek | Citigroup is committing $576 million in loans and guarantees to help the New York City Housing Authority (NYCHA) construct or rehabilitate 20,000 units of public housing.—Rick Cohen
Supreme Court Ruling Dangerous for Nonprofits
March 15, 2010; National Journal Online | After the recent Supreme Court ruling removing limits on corporate spending on political campaigns, a lot of questions remain about what will be considered permissible—by and for whom—as well as publicly palatable.—Bruce Trachtenberg
Legal Services Funding Switch Out Sought
March 15; Washington Post | The Maryland Legal Services Corporation, which passes along payments from Lawyers’ trust fund accounts to 35 local legal services offices, find their income from this source has plummeted 70 percent.—Ruth McCambridge
Survey: The Ultra-Wealthy Are Giving Less
March 2010; PNC Wealth Management | This study from PNC reveals that for the very wealthy, the recession is compelling them to cut back on their giving in order to protect their seven-figure or higher assets.—Rick Cohen
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Sick Tax Proposed in Georgia
March 15, 2010; Florida Times-Union | The blame-game is becoming increasingly evident as state legislatures and governors try to figure out how to put together their FY2011 budgets.—Rick Cohen
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