Skip to main content
Philanthropy Journal Home

Philanthropy Journal News

Ex-foundation chief ordered to repay over $2 million…

 | 

Nonprofit news roundup 

Ex-foundation chief ordered to repay over $2 million

An Oregon judge ordered a foundation’s former executive director to repay it over $2 million and never again serve as head of a charity after the state’s attorney general said the foundation had suffered heavy losses and was virtually broke because the former executive had invested irresponsibly, the Associated Press reported March 24 (see charity repayment story).

Lilly Endowment assets plunge

The value of the assets of the Lilly Endowment fell 15 percent in 2009 to $4.8 million, the biggest drop among the 10 biggest U.S. foundations, the Indianapolis Business Journal reported March 24 (see Lilly Endowment story).

Fight over cellphone giving raises questions of control over texting

A dispute between a Catholic Relief Services and Sprint Nextel over cellphone giving in the wake of the Haiti earthquake underscores a growing issue over control of text messages, The New York Times reported March 24 (see charity texting story).

Children’s charity co-founder charged with child sex abuse, pornography

The co-founder of a children’s charity has been charged with multiple counts of child sex abuse and child pornography, The Salt Lake Tribune reported March 23 (see children’s charity story).

Leave a Response

Your email address will not be published. All fields are required.