Compiled by Donnie Stanley
Here are the latest nonprofit headlines:
Politics drives domestic policy in the Bush administration, which lacks policy experts and a plan to support a “compassionate conservative” agenda, says John J. DiIulio Jr., former director for Bush’s Office of Faith-Based and Community Initiatives, The New York Times reported Dec. 1.
To stem costs, the Archdiocese of Boston may file for bankruptcy rather than battle lawsuits filed against its priests for alleged sexual abuse, according to a senior financial advisor, The New York Times reported Dec. 1.
After falling 2.3 percent in 2001, charitable giving could plunge even more steeply this year because of the sputtering stock market and economy, Newsweek reported in its Dec. 2 edition.
A handful of large foundations, including the William and Flora Hewlett Foundation, Pew Charitable Trusts, John D. and Catherine T. MacArthur Foundation, and David and Lucile Packard Foundation, have created a $10 million commission of former energy-policy planners from the Bush and Clinton administrations to help map long-range energy policy for the U.S., The Wall Street Journal reported Nov. 26. The report, from the National Commission on Energy Policy, expected in two years, could help the federal government examine its energy policy and determine how to balance energy use and environmental protection, the Journal said.
A new generation of philanthropists, including Microsoft chief Bill Gates and Open Society Institute founder George Soros, are tackling more social problems and giving more to large, international causes, Business Week reported Dec. 2. Charitable donations have increased by half from $110 million in 1990 to $164 million in 2001, the magazine said.
Target, Aetna and J.C. Penney Co. top the list of America’s most philanthropic corporations, based on total cash giving in 2001 divided by company operating incomes in 2000, Forbes magazine reported Nov. 25. Ford Motor Co., Philip Morris Co. and ExxonMobil gave the largest corporate cash donations in 2001.
Lutheran Services in America, The National Council of YMCAs and the American Red Cross rank among the 50 largest U.S. charities, based on total income from June 2000 to July 2001, The Christian Science Monitor reported Nov. 25, citing The NonProfit Times and The Chronicle of Philanthropy.
The Peter F. Drucker Foundation for Nonprofit Management will change its name to Leader to Leader Institute, effective Jan. 1. The New York-based nonprofit will build on the foundation’s mission, pursuing leaders in different areas of the social sector, creating partnerships to help foster social awareness, and providing leadership resources for social leaders.