Rural giving tied to economic growth
A partnership of the North Carolina Community Foundation and the North Carolina Rural Center aims to reverse the flow of wealth and residents from rural counties by inspiring donors to invest in endowment funds to boost the local economy.
Tobacco firm supporting schools, downtowns
Total charitable giving by Reynolds American, its affiliated companies and its foundation totaled $10.2 million in 2010, including cash and in-kind donations.
Golden LEAF’s allocation cut
North Carolina lawmakers this summer voted to siphon $17.5 million a year, for two years, from the amount due the foundation as part of a court settlement with tobacco companies.
Durham-based FHI acquiring AED
FHI, a Durham-based nonprofit that focuses on global health and development, and AED, a nonprofit based in Washington, D.C., that focuses on global health, education, social and economic development, have signed an agreement for FHI to acquire the programs, expertise and other assets of AED.
Economic-development funding up in Ohio
Over the past four years, grant dollars earmarked for economic development in Ohio have jumped 152 percent, says a new report from the Foundation Center.
Effort aims to spur business, jobs
To boost job creation in North Carolina, the Blackstone Charitable Foundation is investing $3.63 million to create a ‘network of entrepreneurial support’ in and around Research Triangle Park.
Babcock assesses direction, strategy
After an extensive evaluation, the Winston-Salem-based funder will continue its efforts to help poor people and poor place climb out of poverty.
Nonprofit a farmers-market bidder
The four bids submitted to the city in response for its request for proposals to operate the Greensboro Farmers Curb Market include one from a group that would form a nonprofit to run the market.
Kate B. Reynolds aims for deep impact
The Winston-Salem-based Kate B. Reynolds Charitable Trust, one of the largest charitable foundations in North Carolina, is making a dramatic change in the way it makes grants.
Southern states urged to focus long-term
With states across the South facing gaping budget chasms, policymakers should forego short-term fixes in favor of long-term policies that create broader economic opportunity for all residents, a new report says.