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Pepsi makes social investment in Mexico…

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Nonprofit news roundup

Pepsi makes social investment in Mexico

A deal by PepsiCo to buy crops from farmers in Mexico reflects a relatively new strategy by corporations trying to keep a business edge while assisting small communities and farmers, The New York Times reported Feb. 21 (see Pepsi social investment story).

Feeney makes ‘giving pledge’

Chuck Feeney, founder of Atlantic Philanthropies and a co-founder of Duty Free Shoppers, will become the 59th billionaire to sign the Giving Pledge, the effort by Bill Gates and Warren Buffett to enlist billionaires to pledge to give over half their wealth to charity, the San Francisco Business Times reported Feb. 21 (see giving pledge story).

Virginians gave at least $2 million to fake charity

A state consumer agency has found a fraudulent charity that is under investigation in multiple states collected at least $2 million from Virginia residents who believed they were donating money to help military veterans, the Roanoke Times reported Feb. 22 (see fake charity story).

Top Catholic charity says Vatican blocks top exec’s second term

The top international charity of the Catholic Church says the Vatican is keeping the group’s general secretary from seeking a second term in office, the Catholic News Agency reported Feb. 21 (see Catholic charity story).

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