National Arts Index shows lowest performance in 12 years
A new National Arts Index designed to measure the performance of the arts and entertainment sector registers 97.7 for 2009, the lowest in the 12 years of data on which the index is calculated, the Los Angeles Times reported Jan. 24 (see arts index story).
Gates Foundation partners on immunization
The Bill & Melinda Gates Foundation is teaming with Sheikh Mohammed bin Zayed Al Nahyan, the Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, to immunize children in Afghanistan and Pakistan, with foundation co-chair Bill Gates and Sheikh Mohammed each pledging $50 million, Forbes reported Jan. 26 (see Gates partnership story).
Feed the Children target of criminal probe
Feed the Children, which last November fired its president Larry Jones after an ugly power struggle with the board and then was sued twice by Jones, is the subject of a criminal investigation by the Oklahoma state attorney general’s office into possible violations of the law, The Oklahoman reported Jan. 26 (see Feed the Children story).
Endowment at University of Cincinnati recovers much of loss
The endowment at the University of Cincinnati totaled $937 million at the end of November, up from $886 million in mid-2010 but far less than its $1.2 billion peak in June 2007, The Cincinnati Enquirer reported Jan. 24 (see university endowment story).