Museum selling art to raise money for renovation
The Philadelphia History Museum has been selling art in recent years to raise money for a $5.8 million renovation of its 1826 building, part of a controversial trend among museums that raises questions about rules, guidelines and ethics that aim to discourage museums from selling collections to pay bills, The New York Times reported Dec. 5 (see museum sales story).
Firms pocketing big share of funds they raise for charities
A report by state regulators says one in four companies paid to raise money for charities in Washington State returned less than 20 percent to their nonprofit clients, with some charities actually losing money after paying fees and a cut of donations to fundraisers, The Seattle Times reported Dec. 3 (see charity solicitors story).
Bill and Melinda Gates ranked as world’s best philanthropists
Microsoft Corp. founder Bill Gates and his wife Melinda topped a Barron’s list of the world’s 25 best philanthropists, eclipsing last year’s picks Pam and Pierre Omidyar, Bloomberg reported Dec. 4 (see philanthropy ranking story).
Former staffer for Clinton, Gates a top philanthropic adviser
Trevor Neilson, a former staff of the Clinton White House and the Bill & Melinda Gates Foundation who runs the Global Philanthropy Group, has emerged as a leading philanthropic adviser to celebrities, The New York Times reported Dec. 3 (see Hollywood charity adviser story).