Here’s are the week’s top nonprofit stories reported elsewhere:
* Target Analysis Group found fundraising at 40 national charities totaled $1.2 billion in 2004 in the wake of the Asian Tsunami, with median revenue per donor growing 4.1 percent, growth driven by higher average gifts across all donor segments, not higher gift frequency, The NonProfit Times reported in its June edition.
* The Senate Finance Committee issued a report questioning financial practices at the Nature Conservancy and calling for the creation of accreditation for conservation groups, limits on tax deductions associated with conservation easements, and greater public disclosure for charities, the Washington Post reported June 8.
* Nearing his 90th birthday, philanthropist David Rockefeller pledged a $100 million bequest to Rockefeller University plus $5 million a year while he is alive, mirroring a pledge he made in April to the Museum of Modern Art, The New York Times reported June 9.
* Alberto Vilar, the philanthropist and indicted money manager whose firm once managed more than $7 billion and who now has no money, tended to stretch the truth about his upbringing and business, associates and investors say, and kept touting his wealth and charity even as his fortunes were declining, The Wall Street Journal reported June 10.
* In an era when fortunes are made faster than ever, fundraising experts said in the wake of the indictment of money manager Alberto Vilar on fraud charges that they have grown more cautious about naming board members and ensuring pledges are in hand before money is spent, The New York Times reported June 6.
* Charity events are one place where old and new money mix, The New York Times reported June 5.
* A survey by Hays Accountancy and Finance found only 5 percent of finance professionals in the commercial sector in Britain would like to work for a charity, Third Sector reported June 1.
* Charitable donations by individuals and corporations in Japan totaled 723.1 billion yen, or $6.77 billion, in 2002, compared with the equivalent in the U.S. the same year of 24.51 trillion yen, or $227.96 billion, Daily Yomiuri Online said in an editorial June 8.