Nonprofitxpress roundup – 9/11 victims need $768M, study says

Compiled by Donnie Stanley

Here are the latest nonprofit headlines:

*Sept. 11 victims will need $768 million in aid over the next year, says a study prepared by McKinsey & Company for the 9/11 United Services Group, Inc., The New York Times reported July 8.

*The U.S. Department of Labor has awarded grants totaling $17.5 million to 29 faith-based groups in 12 states.

*Big donations from the foundations of Microsoft chief Bill Gates and Oracle CEO Larry Ellison are prompting the government and drug firms to increase the funds they spend fighting Third World diseases, reported July 6.

*In the wake of the stock market downturn and Sept. 11 attacks, the Make-A-Wish Foundation and smaller groups have intensified their competition to fulfill wishes for children, The Wall Street Journal reported July 8. By fulfilling more wishes, the newspaper says, a group can raise more money and donations.

*Dr. Richard Feachem, the new executive director for The Global Fund to Fight AIDS, Tuberculosis, and Malaria, promises to make donations more available to public and non-governmental health services and to increase drug treatments to Africa in the next five years, The Wall Street Journal reported July 9.

*Three foundations in the Pittsburgh area — The Grable Foundation, The Heinz Endowments and The Pittsburgh Foundation — have stopped all funding to the Pittsburgh Public Schools because of conflicts between school board leaders.

*The Howard Hughes Medical Institute awarded $80 million in four-year grants to 44 research universities in 28 states that will help graduate and post-doctorial students improve their teaching skills, increase the number of courses available to undergraduates and help minorities pursue careers in science.

*Overall giving to art, education and social service agencies from charitable foundations in Central Florida may be lower if the stock market continues to fall, the Orlando Sentinel reported July 8.

*The House Appropriations Committee has asked the Smithsonian Institution to remove Samuel P. Langley’s name from the movie theater at the National Air and Space Museum and replace it with Lockheed Martin Corp., The Washington Post reported July 10. Lockheed donated $10 million in January for the museum’s new annex at Dulles Airport, in return for having the theater named in its honor.

*The Giving Back Fund, a Boston-based charity, is suing the former lawyer for Britney Spears, saying he advised the singer to cut ties with the fund, causing it to lose millions in donations, The New York Times reported July 10.

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