Nonprofitxpress roundup – Bush pushes faith plan

Compiled by Donnie Stanley

Here are the latest nonprofit headlines:

*The Bush Administration has proposed letting faith-based groups use federal housing money to build centers for worship services if part of the building is used for social services, The New York Times reported Jan. 22. 

*To help improve accounting practices among local and national United Ways, the United Way of America has adopted new financial standards to begin with all 2002 fundraising campaigns, The Associated Press reported Jan. 23.

*The Bill and Melinda Gates Foundation is donating $200 million to tackle the leading causes of death in developing nations and create an international competition among scientists to solve them, The New York Times reported Jan. 27.

*Three United Way of Chicago members who have requested a special meeting to discuss recent financial management decisions by the agency say differences with the United Way of Suburban Chicago are so great a merger would be impossible, The New York Times reported Jan. 24.

*Liesel Pritzker, an heir to the Hyatt hotel fortune, filed a lawsuit to freeze the assets of her family’s foundations until settlement of her legal claim that her father stole $1 billion from her trust fund and transferred it to the foundation, The New York Times reported Jan. 22.

*Citing budget restrictions, United Jewish Communities, a federation of Jewish philanthropies, has pulled funding for its latest venture project, The Trust for Jewish Philanthropy, The Forward reported Jan. 17. The federation, which paid for the trust’s operating budget, said the project was not generating enough donations.

*St. Lawrence University has raised more than $132 million in its fundraising campaign, exceeding its goal by $2 million. Launched in 1997, the campaign initially had a $75 million goal.

*The Human Services Executives of Snohomish County, a group of 40 nonprofit executive directors in the county, plans to create a $10 million endowment for local nonprofits to use as insurance if faced with future state budget cuts, The Seattle Times reported Jan. 22.

Leave a Response

Your email address will not be published. All fields are required.