Here are the latest nonprofit headlines:
* The United Way of New York City will create its own social welfare programs, abandoning its role of providing donor dollars to agencies, The New York Times reported June 27.
* Pipevine employees purposely siphoned at least $2 million in donations to pay company costs, the San Francisco Chronicle reported June 26.
* Corporate leaders asked President Bush and Congress for $200 million for AmeriCorps to curb severe cutbacks in programs and volunteers, the Washington Post reported June 26.
* President Bush wants federally funded religious groups to be able to more easily use religion and sexual orientation in hiring decisions, the Washington Post reported on June 25.
* The 400 wealthiest taxpayers earned 1.1 percent of all income earned in 2000, up from 0.5 percent in 1992, but their tax burden fell, The New York Times reported June 26.
* The nation’s third largest Boy Scout chapter, the Cradle of Liberty Council in Philadelphia, lost a $100,000 pledge from the Pew Charitable Trusts and may lose about $400,000 from the United Way of Southeastern Pennsylvania for reversing its new policy to admit openly gay members or leaders, the Associated Press reported June 25.
* MBA graduates are getting involved in programs to assist nonprofits with management, financial planning and market analysis, the Boston Globe reported June 22.
* Some nonprofits are looking past traditional investments, challenging the “prudent investor rule” with great success and some failure, the Chicago Tribune reported June 22.
* Many corporations continue strong charitable giving despite the tough economic climate, the Star Tribune reported June 22.
* British charities are getting more money from government grants and contracts than from fundraising, the Guardian reported June 24.
* Despite legislation requiring disclosure, 57 percent of charities from the Australian state of Victoria did not disclose costs of fundraising, administration, and marketing, The Age reported June 22.
— Compiled by Jennifer Whytock