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Nonprofitxpress roundup – Ads grow on PBS

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Compiled by Donnie Stanley

Here are the latest nonprofit headlines:

*Critics are concerned about the increase of advertising by corporate underwriters in shows broadcast by PBS, The Wall Street Journal reported July 11. 

*The Robertson family is suing Princeton University for control of an endowment fund it created for the Woodrow Wilson School of Public and International Affairs in 1961 that now is worth $550 million, The New York Times reported July 18. The family claims the school is trying to combine the fund with general university endowment money. *The Internal Revenue Service released Publication 1828 to help religious groups and donors understand complicated tax issues related to faith-based organizations and politics, The Wall Street Journal reported July 11.

*Because of recent financial scandals, more stockholders and investors are asking companies and directors to disclose company information and management decisions, The Boston Globe reported July 11.

*Two British charities are suing a U.S. Web-site hacker, Harold Meyer, who is re-routing their Web sites to pornographic sites, the BBC News reported July 17. 

*A federal grand jury is investigating financial documents for the United Way of the National Capital Area, after an audit four months ago found no significant errors with its practices, The New York Times reported July 17.

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