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Nonprofit news roundup for Aug. 11, 2009

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Eunice Kennedy Shriver, Special Olympics founder, dies

Eunice Kennedy Shriver, sister of President John F. Kennedy, founder of the Special Olympics and an advocate for people with intellectual disabilities, died early Tuesday at age 88, The New York Times reported Aug. 11 (see Eunice Kennedy Shriver story).

Soros gift matches federal funds to boost New York children

Reflecting a trend among private givers and foundations who are teaming u; with government to have greater impact, global financier and philanthropist George Soros is giving $35 million to needy schoolchildren in New York so the state can get $140 million in federal matching funds, Dow Jones reported Aug. 10 (see Soros matching gift story).

Gates Foundation aims to give world’s poor access to cash deposits

The Bill & Melinda Gates Foundation has committed $350 million for projects that let poor people throughout the world with no access to banking keep cash deposits through their local post office, lottery outlet or cell-phone account. Bloomberg reported Aug. 11 (see Gates Foundation story).

Kauffman Foundation investing in Detroit economy

In an effort to help Detroit develop a new economic base as its auto industry struggles, the Ewing Marion Kauffman Foundation has launched a $9.25 million efforts to find 800 people in the area with the ideas, talent and drive to start businesses, the Kansas City Star reported Aug. 10 (see Kauffman Foundation story).

Charity chief, husband, found dead in Chechnya after kidnapping

The head of the Save the Generations charity and her husband, both kidnapped by armed men in Russia’s Chechnya region, reportedly have been found dead, Reuters reported Aug. 11 (see Chechnya charity story).

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