A bill in the legislature would model the marijuana co-ops after nonprofit credit unions, but the plan depends on the unlikely approval of the U.S. Federal Reserve Bank.
Colorado Bill Proposes Cannabis Credit Unions
Yet Another Symphony (Green Bay) Declares Intent to Close
The latest classical music organization to throw in the towel is the Green Bay Symphony, but will this towel stay thrown?
Will the L.A. Clippers End Up in Shelly Sterling’s Hands?
The Los Angeles Clippers potboiler continues with wife Shelly Sterling asserting that the team is basically hers—and she’s not a racist like her husband of 57 years, Donald.
6th Day of Giving Excites and Unnerves Pittsburgh Nonprofits
The Pittsburgh Foundation is holding its annual Day of Giving for nonprofits in Pennsylvania’s Allegheny, Westmoreland, and Butler Counties. It’s the most lucrative fundraising day of their year—but the hint of changes in the wind make the event’s future uncertain.
Mayor de Blasio Commits to Improve NYC Agencies in the Wake of Child Deaths
The New York Times profiles issues with homeless services and child welfare agencies that led to the death of a four-year old boy.
#BringBackOurGirls: For All Who Care about the Fate of Women in the World
Three weeks late, but the U.S. press has discovered the tragedy of the kidnapping of some 300 high school girls by Islamic terror group Boko Haram in Nigeria. As Americans ponder the search for the missing Malaysian Airlines flight and other news stories, one wonders why they have minimized the worldwide significance of an Islamic extremist attack on 300 young African girls.
NCRP Launches Unusual and Intriguing Foundation Assessment Website
Today, the National Committee for Responsive Philanthropy announced the launch of an interesting and perhaps groundbreaking new product called Philamplify. It’s a modern response to the age-old problem of there being no natural accountability market for philanthropic institutions.
Youth Campaign Sues Federal and State Governments on Climate Change Inaction
Young people are suing the federal and all 50 state governments for violations of their constitutional rights resultant from inaction on environmental issues.
Kansas Rejects Tax-Exempt Status for For-Profit Fitness Clubs
The Kansas state legislature suffered recently from an onslaught of logic and insight and turned down a proposal to give for-profit fitness clubs a tax exemption due to their competition with nonprofit YMCAs. But the bigger implications are the challenge to nonprofits that there’s nothing particularly special about nonprofits delivering services and programs that might also be delivered by for-profits.
Does Waltons’ Philanthropy Inoculate Them against Criticism of Walmart?
Today’s question is a corollary of a question asked last week: Should charities take donations from individuals perceived as unsavory, or money earned less than honorably?
Sudden Death of Australia’s 9th-richest Leads to a Surprising Legacy
Healthcare operator Paul Ramsay’s posthumous donation to an eponymous foundation is the largest philanthropic gift in Australian history.
Athletes’ Charities Pay Off for Prolanthropy
The Chicago Tribune has a fabulous article about some borderline management and fundraising practices of a firm called Prolanthropy in its dealings with the charities of a couple of dozen pro athletes. Although the article would make most people suspicious about the bona fides of some athletes’ charities, to us, it raises questions about for-profit firms increasingly drawn to charities as a reliable and lucrative profit center.