If you have a federally issued student loan, you probably deal with Sallie Mae (or a Sallie Mae spinoff called Navient) for your payments and servicing. Young professionals in the nonprofit field probably know Sallie for a number of dubious practices, and the Justice Department knows it for its recent violations of the Servicemembers Civil Relief Act, but that isn’t stopping Arne Duncan’s Education Department from placing Navient on a shortlist for a new potentially massive loan-servicing contract.
Keep a Wary Eye on Sallie Mae
The 25-year old program has saved charities millions, but that did not convince the governor to continue the public-private partnership.
With increasing poverty in the suburbs and the cost of housing on the increase, transportation justice issues will be on the plates of many over the next decade.
Henderson, Nevada is cutting back on funding for senior programs—and the pressure is on philanthropy to make up the difference.
Anyone who deals with philanthropy understands that part of the price of admission to the coffers of some foundations is a willingness to deal with philanthropic fads that are absolute one day and obsolete the next. Sometimes the constructs change with top leadership and sometimes they just wear themselves and us out, and wither away. Here Bill Schambra takes on the recent article, “Strategic Philanthropy for a Complex World” as one example of this syndrome.
While the $26 million contributed to Detroit’s “grand bargain” by Chrysler, Ford, and GM is not insignificant, they were asked for far more. Perhaps they could pay forward on their own bailouts a bit more generously in this situation.
Rick Cohen is liveblogging his experiences at this year’s annual meeting of the Council on Foundations. Here, he gives his impressions on presentations by Chuck Fluharty of the Rural Policy Research Institute and USDA Deputy Undersecretary for Rural Development, Doug O’Brien regarding the state of rural America.
Want money? The strategy might be to leave people alone.
The federal government wants POGO, a nonprofit devoted to government accountability, to turn over the records of anonymous tips they received about the Veterans Administration’s mismanagement of health services. POGO says absolutely not!
What can be learned from a string of thefts from nonprofits in Texas? A lot.
Arlington, Virginia tells the Boy Scouts that fundraising carwashes violate local storm water regulations.