Compiled by Donnie Stanley
Here are the latest nonprofit headlines:
*Board members of the United Way of the National Capital Area voted to create an ethics committee — to include lawyers, accountants and leaders from nonprofits — to review the agency’s policies and procedures, The Washington Post reported June 25.
*Critics say that several United Way groups, including the United Way of the National Capital Area, are paying for overhead costs from charitable donations intended for other charities, The Washington Post reported June 23.
*Families of Sept. 11 victims are criticizing how charities are handling donations and worry about the lack of timely response for disbursing more than $1 billion in aid, The New York Times reported June 23.
*The American Red Cross announced it would give $200 million more from its Liberty Fund to families before first anniversary of the Sept. 11 attacks, The Wall Street Journal reported June 24.
*Exxon is suing Greenpeace for having misused the energy company’s Esso corporate logo, after the environmental group replaced the letter S as dollar signs in a recent campaign, The Guardian Unlimited reported June 25.
*Philanthropist George Soros announced the Open Society Network, founded in the 1990s to help Central and Eastern European countries, will no longer work as a group of nongovernmental agencies but as a “network of networks” focusing on globalization, The Foundation Center reported June 25.
*By diversifying their assets because of stock market changes, many U.S. private foundations have increased their charitable donations by 5.4 percent in 2001, the International Herald Tribune reported June 24.
*The San Francisco-based Women’s Foundation will partner with the Community Foundation Silicon Valley to help bring more opportunities and resources to women and girls interested in philanthropy, the Silicon Valley/San Jose Business Journal reported June 21.
*The June 30th U.S. postal rate hike will cost nonprofit groups $40 million over the next year, along with other direct mail expenses, according to a report by Kintera Inc.