Nonprofit hiring remains slow
Only about one in 10 U.S. nonprofits plan to increase their hiring over the next six months, and more than half say they will cut bonuses, says a new survey by Grant Thornton International, The Baltimore Business Journal reported Nov. 2 (see nonprofit hiring story). While more than half the nonprofit executives surveyed expect the nation’s economy to improve over the next six months, fewer than three in 10 expect their organization’s financial footing to improve.
Wal-Mart to give more to charity this year
With the economic downturn forcing more Americans to turn to food banks, Wal-Mart Stores Inc. has increased its holiday giving this year by 28 percent, a portion of which will provide food for hungry Americans, Reuters reported Nov. 3 (see Wal-Mart giving story). Last year, Wal-Mart donated a total of more than $378 million in cash and product to charity.
Knight Foundation to award $5 million for Detroit
The John S. and James L. Knight Foundation will award $5 million in grants in the Detroit area to jump-start the city’s “creative sector,” boost job training and broaden free Internet access, The Associated Press reported Nov. 11 (see Knight Foundation story).
More nonprofits see real estate as income source
Almost four in 10 nonprofits view their real-estate holdings as an alternate form of income, up slightly from last year, says a national survey by CB Richard Ellis, The Washington Business Journal reported Nov. 2 (see nonprofit real estate story). The survey also says almost half of nonprofits expect to increase their staff next year.
Ten western N.Y. nonprofit leaders earn a quarter million or more
Nonprofits in western New York State employ more than 170 leaders who are paid more than $100,000 a year, and 10 earn more than $250,000, says the 2009 Million Dollar Nonprofits report, Business First of Buffalo reported Nov. 3 (see New York nonprofits story). Topping the list is David Dunkelman, president of Weinberg Campus, who earned $951,776 in salary and deferred compensation.
PGA Tour aims to increase fundraising
Coming off a year when its donations fell 10 percent to 15 percent, the PGA Tour aims to boost fundraising by developing a new website and launching an advertising campaign called “Together, anything is possible,” USA Today reported Nov. 2 (see PGA commissioner story). PGA Tour Commissioner Tim Finchem says the campaign will commit resources to promote PGA players’ charitable efforts.