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Executive-on-loan programs grow

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Here are the week’s top nonprofit news stories reported elsewhere:

* In an effort to be socially responsible, more large corporations are engaging in executive-on-loan programs in which employees paid by corporations are loaned to charities for a few months to a few years at a time at no charge, Forbes.com reported April 31.

* One Economy, a nonprofit with the mission of bringing broadband internet access to the poor, announced plans to create the Public Internet Channel, with original content in English and Spanish at a fifth-grade literacy level, and access to information about public safety, emergency services, education, health and economic opportunities, the Washington Post reported June 8.

* Some engaged couples are choosing to create gift registries that allow friends and family to donate to a favorite charity rather than buy a traditional wedding gift, while others donate to nonprofits instead of buying guests party favors, the Associated Press reported June 13.

* More nonprofits are now merging with like organizations to reduce competition in fundraising and make the most of shrinking federal funds, The Christian Science Monitor reported June 5. Britain’s charity commission is encouraging such mergers as a way of increasing efficiency and effectiveness, UK Fundraising reported June 4.

* United States oil magnate T. Boone Pickens made a $2 million donation to the University of Calgary in Canada for brain research. It is his largest contribution to a Canadian cause, Canada.com reported June 10.

* Charitable agencies are struggling with high gas prices in the form of increased delivery costs and decreased volunteer support, Catholic News Service reported June 13. Nonprofit directors are also concerned that the prices are crippling low-income families, who are “forced to decide between putting gas in the tank or food on their family’s table.”

* Vancouver General Hospital received an $18 million donation from Gordon and Leslie Diamond for a new building, state-of-the-art equipment, a fund for women’s health and an expanded urological health program, the Globe and Mail in Toronto reported Jun 9.

* In unprecedented capital campaigns, a handful of Minneapolis cultural institutions have raised hundreds of million of dollars for the revitalization of their arts programs, with three of every four dollars coming from individuals and families, the Star Tribune in Minneapolis reported June 10.

Many cities are tightly regulating walk- and run-a-thons, which raised $656 million last year, and nonprofits are looking for alternative ways to garner support, as the number of outdoor charitable events has doubled in the last 10 years, leading to traffic snarls and other frustrations for local families and businesses, the Wall Street Journal reported June 9.

— Compiled by Leslie Williams

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