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Hope for Haiti telethon raises $57 million…

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Nonprofit news roundup 

Hope for Haiti telethon raises $57 million

“Hope for Haiti Now,” the televised fundraiser featuring actor George Clooney and other stars, has raised more than $57 million for earthquake relief as of Jan. 24, and the associated album holds the record for one-day presales on iTunes, People reported Jan. 24 (see Hope for Haiti story).

JPMorgan Chase to donate $5 million via Facebook

JPMorgan Chase is sponsoring a contest in which 100 charities will work to get the most votes from Facebook users, with the winner taking home $1 million and another $4 million being distributed during the course of the event, CNN reported Jan. 22 (see Facebook contest story).

Gates Foundation headquarters to be completed in 2011

The new eight-acre headquarters campus for the Bill & Melinda Gates Foundation is more than halfway completed, and the funder estimates it will employ 1,000 people by the time the project is finished in April of next year, The Associated Press reported Jan. 23 (see Gates Foundation story).

Wyclef Jean charity to receive funds from MTV telethon

Although the charity has come under fire for “wasteful spending and accounting mishaps,” Wyclef Jean’s Yele Haiti nonprofit will receive a portion of the funds raised during the telethon held on MTV to raise money for earthquake victims, Shelly Banjo wrote in a blog in The Wall Street Journal Jan. 22 (see Wyclef Jean story).

Nonprofit salary complaints misplaced, columnist says

Based on a recent study by the Chronicle of Philanthropy of the 325 largest nonprofits in the U.S., some say nonprofit CEOs are paid too much, criticism that unfairly taints the smaller organizations with much lower salaries that already are struggling from rising demand and dwindling revenue, Betsy Brill wrote in a column in Forbes Jan. 22 (see nonprofit CEOs story).

Smart giving critical for Haiti

In order to ensure donations to recovery efforts in Haiti are maximized, donors should keep an eye out for scams, stick to established charities, give cash rather than food or clothing, and carefully evaluate charities’ plans for spending donations, CBS News reported Jan. 24 (see smart giving story).

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