Alabama has decided to put $19.3 million of its share of the national settlement with mortgage companies toward the state budget rather than directing it to homeowners facing foreclosure.
Ala. Redirects Some Mortgage Settlement Funds to State Budget
Jobs Climate Encouraging Social Entrepreneurship
Are social enterprises profitable enough to attract venture capital and pay financial dividends or should they be viewed as low ROI shops for sustainable social practices?
Why Is Silicon Valley’s Philanthropy Sluggish?
If eight of America’s 20 wealthiest people in 2011 came from the tech sector, why are so few of America’s most generous philanthropists from that field?
One Bad Bookkeeper Impacts Many Charities
In Winter Garden, Fla., Jo Ann Lacy Anderson, a bookkeeper for more than 10 Central Florida charities in, has taken a plea after defrauding her nonprofit clients out of $1.5 million.
USAID’s Rajiv Shah Touts Public-Private Partnerships
In an interview with Forbes, Rajiv Shah, the head of the U.S. Agency for International Development, views increased foreign aid via private sources as a beneficial partnership.
In N.J., Christie Calls for Halfway House Reform
A New York Times report on a New Jersey halfway house includes allegations of staff raping female inmates, rampant drug use, roving gangs and staff not providing job training.
NFL Lawsuit Called Largest in History of Pro Sports
The tax-exempt National Football League (with $9 billion in revenue in 2010) is facing a complaint from upwards of 2,000 retired players that it didn’t do enough to prevent head trauma.
Batwoman vs. the Nonprofit Intern
In the legal battle between the founder of Bat World Sanctuary and a former intern at the nonprofit, allegations and counter-allegations are flying around like a bat out of hell.
Another Northern Kentucky Facility in Hot Water
An investigation by the Office of Inspector General of the Kentucky Cabinet for Health and Family Services found numerous violations at the Campbell Lodge Boys’ Home.
Shakespeare Theatre Sues over Steep Rent Hike from Its Supporting Organization
The Type III supporting organization behind the Shakespeare Theatre Company of Washington, D.C. seeks to raise the nonprofit’s rent by about 700 percent in hot D.C. real estate market.
With Nonprofit Status Denied, Museum of Sex Goes For-Profit
Manhattan’s Museum of Sex, now known as MoSex, lost its bid for nonprofit status but founder Daniel Gluck seems just as happy to be running a for-profit institution.
Devastating Poverty: The Game
The nonprofit group 58: has created a video game that challenges users to survive on $1.25 per day, an income rate that, the game tells users, is known to 26 percent of the world’s people.