Giving to colleges and universities up slightly
A new survey says U.S. colleges and universities received $28 million in charitable contributions in 2010, up 0.5 percent from the previous year, and has reached the same level as in 2006, although adjusted for inflation it was 8 percent lower last year than in 2006, The New York Times reported Feb. 2 (see college donations story).
Gates says helping poor right thing to do and good investment
Bill Gates, co-founder and chairman of Microsoft and co-chairman of the world’s biggest philanthropy, says in his third annual letter that helping the poor with their medical needs and giving them tools to be self-sufficient is both the right thing to do and a good investment the Associated Press reported Jan. 31 (see Gates philanthropy story).
Blackbaud buys database-management firm
Nonprofit technology company Blackbaud in Charleston, S.C., has paid $17.5 million to buy Public Interest Data, an Alexandria, Va.-based company that provides nonprofits with database management and other technical services, The Post and Courier in Charleston, S.C., reported Feb. 1 (see Blackbaud story).