Nonprofits look at texting as fundraising tool
Nonprofit groups hungry for donations during the recession are looking at text-to-donate campaigns like the one the American Red Cross used to raised $32 million in a month in $10 donations for Haiti relief, Computerworld reported Feb. 22 (see text-message charity story).
Buffett says need for charity endless
Billionaire Warren Buffett, who has pledged most of his fortune to philanthropy, says the need for charitable giving is unending, Bloomberg reported Feb. 22 (see Warren Buffett charity story).
Moody’s downgrades Brandeis’ credit rating
Moody’s Investors Service, citing a history of operating deficits and bigger draws from its endowment, reduced to A1 from Aa3 the credit rating for Brandeis University, which plans to sell $180 million in revenue bonds this week,The Boston Business Journal reported Feb. 22 (see Brandeis credit rating story).
Charity single still at top of British pop charts
Everybody Hurts, the charity pop single produced by media mogul Simon Cowell, stayed at the top of the British charts for the second straight week, Charities Aid Foundation reported Feb. 22 (see Haiti relief story).