Advocacy nonprofits let political donors remain anonymous
While over half the activities of a 501(c)4 nonprofit cannot be political, a host of nonprofit advocacy groups, mainly Republican-leaning, have emerged as some of the biggest players in this year’s midterm elections, partly because of the anonymity they afford donors, triggering complains from campaign finance watchdogs, The New York Times reported Sept. 20 (see anonymous nonprofit donors story).
Virgin Group founder launching philanthropy for Zimbabwe
Richard Branson, billionaire founder of the Virgin Group, is launching a philanthropic venture to revive Zimbabwe, considered one of the toughest nations in Africa to assist, The New York Times reported Sept. 20 (see Branson charity story).
Melinda Gates says tough economy hurting global progress
Melinda Gates, co-chair of the Bill and Melinda Gates Foundation, says the troubled world economy of recent years has strained efforts to reach global goals such as reducing poverty, improving health, and addressing environmental concerns, CNET News reported Sept. 20 (see Melinda Gates story).