Nonprofitxpress roundup – 9/11 charity worked, study says

Here are the week’s headlines:

* Charities were nimble and effective in responding to the unprecedented needs of the Sept. 11 attacks, but need to be more flexible and streamlined in handling emergencies, says a report prepared for the Ford Foundation.

* The philanthropic response to the terrorist attacks may have changed forever the nature and expectations for charity, speeding existing trends and setting the stage for discord, The New York Times reported Sept. 11.

* A series of questionable dealings has eroded public confidence in charities, The Washington Post reported Sept. 9.

* Residents of the Washington, D.C., area are less likely to give to charities through workplace drives because of negative reports about the United Way of the National Capital Area, a survey commissioned by America’s Charities says.

* While some foundations are paring spending to preserve assets in the face of the slumping stock market, others are speeding up their spending, The Wall Street Journal reported Sept. 10. The Atlantic Philanthropies, for example, has adopted a plan to spend its $4 billion endowment over roughly 15 years, meaning it will give away about $400 million a year.

* Efforts are underway to work out a deal allowing Senate action on a bill to boost the tax benefits of contribution to religious or community charities, part of President Bush’s faith-based initiative, The Washington Times reported Sept. 11.

* The Minnesota Supreme Court ruled that charitable donations no longer will be deductible on state returns for taxpayers who pay the alternative minimum tax, a move experts says will cost charities in the state millions of dollars, the Star Tribune reported Sept. 5.

* UCLA raised more than $509.4 million in private gifts and grants in its fiscal year ended June 30, the best fundraising performance ever for a campus of the University of California system.

* Growth of the Hispanic population in the U.S. is prompting nonprofits that deliver human services to Hispanics to grow in size and to focus on one or two issues, reported in its September edition.

 * The Bill and Melinda Gates Foundation bought 2.6 million shares of Eli Lilly & Co. in June, making it the firm’s 38th-largest shareholder, The Indianapolis Star reported Sept. 11. The foundation also recently invested in drugmakers Merck & Co. and Pfizer Inc., the Star said.

* The newly formed Greene County Community Foundation in Xenia, Ind., has launched Greene Giving Realty, a limited liability corporation designed to make it easier for people to donate real estate instead of money, the Dayton Business Journal reported in its Sept. 13 edition.

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