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Nonprofit news roundup for June 23, 2008

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Journalism schools get $8 million for new media

Leonard Tow is betting $8 million that universities can figure out the future of newspapers, The New York Times reported June 23 (see media story). The Tow Foundation has pledged the money to journalism schools at Columbia University and City University of New York to fund research examining how the troubled newspaper industry can succeed online.

Planned Parenthood ‘rebrands’ for suburbia

Planned Parenthood affiliates nationwide are working hard to expand their reach with a growing network of suburban clinics and huge new health centers that project a “decidedly upscale” image, The Wall Street Journal reported June 23 (see Planned Parenthood story). The nonprofit has long focused on services to teen and low-income women, but executives say this “rebranding” will open new revenue streams and, they hope, boost political clout.

Catholic charity in Virginia investigated over underage abortion

A Catholic charity in Virginia is under investigation for helping a 16-year-old immigrant in its care get an abortion, The Associated Press reported June 21 (see Commonwealth Catholic story). Commonwealth Catholic Charities employees signed a consent form for the abortion, an act that could violate state and federal law, in addition to going against Catholic doctrine.

Assets rise at Children’s Investment Fund

The Children’s Investment Fund Foundation has become one of the fastest growing charities in history, with assets that doubled to $1.6 billion during 2007, The New York Times reported June 21 (see Children’s Investment Fund story). CIFF is the charitable arm of The Children’s Investment Fund and is run by Jamie Cooper-Hohn, the wife of the fund’s founder Christopher Hohn.

In Brief:

* Minnesota nonprofits have gotten a one-year reprieve through new legislation on the question of whether they will have to pay property taxes, Minnesota Public Radio reported June 23.

* Atlanta leaders have made attracting major nonprofits to the city a top priority for the past 20 years, landing the headquarters of the American Cancer Society, CARE, the Boys & Girls Clubs of America, Habitat for Humanity International, the Points of Light Institute and Hands On Network, Maria Saporta said in a column in the Atlanta Journal-Constitution June 23.

* Anheuser-Busch, facing an impending sale to a Belgian brewer, would be missed in St. Louis, Missouri, not only for its beer, but also as one of the region’s most generous philanthropists, The St. Louis Post-Dispatch reported June 23.

* Texas oil tycoon T. Boone Pickens gave $27 million to the University of Calgary, the largest gift ever to the school, The Canadian Press reported June 20.

* The Colburn School in Los Angeles has received $9 million from an anonymous donor for its Dance Institute, The Los Angeles Times reported June 21.

* Britain’s Wealth Bulletin has compiled a list of Europe’s top forty individuals providing financial and thought leadership to environmental and social sustainability movements, released June 23.

* Television is the best way to prompt givers to donate to disaster appeals, ThirdSector reported June 20.

* Donor-advised funds remain the fastest-growing form of charitable giving, thanks to their “maximum of flexibility and minimum of fuss,” Helen Huntley said in a column in The St. Petersburg Times June 22.

* Three neglected San Francisco parks will be rebuilt through a partnership between four city companies and its largest nonprofit, The Trust for Public Land, The San Francisco Sentinel reported June 20.

* Bolstering southern Dallas, the long “forsaken” half of a prosperous city, is not a matter of philanthropy but of economic necessity, said Colleen McCain Nelson in a column in the Dallas Morning Times June 23.

* Critics say Lance Armstrong’s “serial dating” is detracting significantly from his public philanthropy for cancer causes, The New York Times reported June 22.

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