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Senators question big spending at Boys & Girls Clubs…

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Nonprofit news roundup

Senators question big spending at Boys & Girls Clubs

Four U.S. senators are questioning big salaries and travel expenses for executives at Boys & Girls Clubs of America, questions that could put at risk millions of dollars in federal funds for the charity, the Associated Press reported March 12 (see Boys & Girls Clubs story).

Growth in household wealth slows

Growth in household wealth in the U.S. slowed in the fourth quarter of 2009, held back by a drop in home values that suggests the recovery in consumer spending could take some time to pick up, Bloomberg reported March 11 (see household wealth story).

Obama picks charities to get his Nobel Peace Prize money

President Barack Obama has identified charities that will receive funds from the $1.4 million he received for his Nobel Peace Prize, The New York Times reported March 11 (see Obama charity story).

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