Legal Services said to spend lavishly, turn away poor clients

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

* Legal Services Corp., which is funded by the government and provides legal help to poor Americans, turns away half its applicants for lack of resources, but its executives spend lavishly on meals, chauffer-driven rides and foreign trips, the Associated Press reported Aug. 17.

* The Bill & Melinda Gates Foundation joined a few dozen banks, insurance companies, mutual funds and other groups that loaned $350 million to MediaNews Group Inc. to buy four newspapers from publisher McClatchy Co., the Associated Press reported Aug. 21.

* Texas’ State Auditor’s Office says Texas University, which recently fired its president for misspending school funds, has mismanaged its endowments, the Dallas News reported Aug. 16.

* A $165 million gift by investor T. Boone Pickens to Oklahoma State University, all for athletics facilities, has raised hopes at the school and stirred questions about the influence it will give him, USA Today reported Aug. 16.

* As newspapers and magazines compete more fiercely for ad revenue and readers that are shifting to the internet, two nonprofits’ publications – AARP The Magazine and Consumer Reports – are thriving, The New York Times reported Aug. 20.

* A growing number of older Americans who retire are becoming “social entrepreneurs,” identifying a need for services, forming organizations to address those services and seeking financing to create and sustain their ventures, The Wall Street Journal reported Aug. 21.

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