Turning Slumdogs Into Millionaires: One Hedge Fund Manager's Quest - Forbes

Turning Slumdogs Into Millionaires: One Hedge Fund Manager's Quest - Forbes: Unable to find an organization that met his value-investor’s need for efficiency and ROI, he decided to simply start his own. His Dakshana Foundation (dakshana means “to give or receive a gift” in Sanskrit) would initially be funded in 2006 with $577,000 of his own money (to date he has contributed $5.5 million).

The idea behind Dakshana was to find some of India’s most brilliant and poorest kids and prepare them for the rigorous entrance examination for the Indian Institutes of Technology. The IITs are a group of the nation’s most prestigious engineering and technology universities. Its graduates are virtually guaranteed employment and success.

D.C.'s Corcoran Gallery Eyes Sale of Century-Old Home - Philanthropy Today - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas

D.C.'s Corcoran Gallery Eyes Sale of Century-Old Home - Philanthropy Today - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas: .C.’s Corcoran Gallery Eyes Sale of Century-Old Home

June 5, 2012, 10:51 am

The financially strapped Corcoran Gallery of Art, Washington, D.C.’s oldest private art museum, is mulling the sale of its landmark building across the street from the White House, says The Washington Post.

Next Charity Commission chair to work only two days a week - Civil Society - Governance - News - providing news and in-depth coverage of charities, voluntary organisations and not-for-profits

Next Charity Commission chair to work only two days a week - Civil Society - Governance - News - providing news and in-depth coverage of charities, voluntary organisations and not-for-profits: The next chair of the Charity Commission will have to do the job in a day less a week, and for less money, than the outgoing chair Dame Suzi Leather.

Several State Fairs Going Private - NPQ – Nonprofit Quarterly - Promoting an active an engaged democracy.

Several State Fairs Going Private - NPQ – Nonprofit Quarterly - Promoting an active an engaged democracy.: Until recently, governmental agencies and nonprofits ran state fairs, but they’ve had a difficult time making a go of it. In Virginia, recently, the nonprofit State Fair of Virginia, Inc. defaulted on more than $70 million in loans, leading to the auction sale of the nonprofit and the park grounds where it operated outside of Fredericksburg to a for-profit, Universal Fairs, LLC.

Including Virginia’s, Universal runs five state fairs—Georgia’s, Tennessee’s, Mississippi’s, and Washington’s. The company’s owner, Mark Lovell, saw a bargain in being able to pick up the Virginia asset for less than $6 million and jumped at the opportunity.

Increase Unrestricted Giving |

Increase Unrestricted Giving |: It’s June and 2012 is nearly half over. How would your Fund Raising Team answer these questions on how to attract unrestricted giving to make up for any loss in funding due to the recession?

Grateful Deadhead Philanthropist Gives $500,000 to Grateful Dead Archives - NPQ – Nonprofit Quarterly - Promoting an active an engaged democracy.

Grateful Deadhead Philanthropist Gives $500,000 to Grateful Dead Archives - NPQ – Nonprofit Quarterly - Promoting an active an engaged democracy.: Now Brittingham is donating $500,000 to Dead Central, which officially opens on Friday, June 29th as a 1,500-square-foot memorial exhibition space located in the University of California-Santa Cruz’s McHenry Library. Archivist Nick Meriwether will curate rotating exhibitions of memorabilia donated by the Dead and their fans. In a statement that illustrates the reciprocal relationships he referred to above, Brittingham says his donation is “a gift to the fans from a fan” and he hopes his donation will spur others.

Fighting Fundraiser Turnover: What Charities Can Do - Prospecting - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas

Someadditional related stories we've seen on Turnover

Fighting Fundraiser Turnover: What Charities Can Do - Prospecting - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas: Fighting Fundraiser Turnover: What Charities Can Do

May 31, 2012, 9:17 am

By Holly Hall

As turnover among fundraisers becomes a bigger and bigger cost for charities, two nonprofits are joining forces to figure out what they can do to about it.

Blog | An Environment of Knowledge Sharing Begins with Trust | Association Headquarters

Blog | An Environment of Knowledge Sharing Begins with Trust | Association Headquarters: This exchange led me to think about the significance of cross-team collaboration and individual contribution beyond what we often consider to be a byproduct of knowledge sharing -- a term that is used frequently to describe a core ingredient to our business model. In my opinion it has to do with a key component of our company's culture: an environment of trust and our ability to hire the right people through a tiered hiring process.

Philanthropy in 3D | The Fly-By | Memphis Flyer

Philanthropy in 3D | The Fly-By | Memphis Flyer: But what if saving that amount and pooling it with hundreds of other Memphians meant that you could change lives?

That's the idea behind Give 365, a program of the Community Foundation of Greater Memphis. Program members pool their annual $365 donations and distribute the money in the form of grants worth around $5,000 each to worthy nonprofits in the Mid-South.

India-born professor donates sustainability award money - CanIndia NEWS | CanIndia NEWS

India-born professor donates sustainability award money - CanIndia NEWS | CanIndia NEWS: Bawa, distinguished professor of biology at the University of Massachusetts, Boston, is the 2012 winner of the Gunnerus Sustainability Award from the Royal Norwegian Society of Sciences and letters (DKNVS).
He gifted the prize money to the Bangalore-based Ashoka Trust for Research in Ecology and the Environment (ATREE), a research institution in the areas of biodiversity conservation and sustainable development. Bawa is its founder and president.

Turning philanthropy into a spectator sport | Voluntary Sector Network | Guardian Professional

Turning philanthropy into a spectator sport | Voluntary Sector Network | Guardian Professional: Ten years of giving for social change is something worth celebrating. In that spirit The Funding Network (TFN) marked a decade of bringing together modest philanthropists who value charities as agents of social change by doing what it does best: raising over �40,000 for five good causes in one session.

How to Get the Leadership Skills While Doing Good - Forbes

How to Get the Leadership Skills While Doing Good - Forbes: Many big companies recognize that being on nonprofit boards builds “soft” leadership skills. They pay for rising stars in their companies to go through nonprofit board training and encourage nonprofit board service, according to Nicole T. Sebastian, deputy executive director of VCG Governance Matters, which places people on nonprofit boards.

Virginia Business - News: The next wave of givers

Virginia Business - News: The next wave of givers: Will the next generation of Virginians be as generous as their elders?

That’s a question the leaders of many nonprofit organizations must ponder as they scan their lists of reliable but aging contributors.

Nonprofit education employment and wages grow in Indiana, IU report finds: IU News Room: Indiana University

Nonprofit education employment and wages grow in Indiana, IU report finds: IU News Room: Indiana University: As the school year winds down, a new report from Indiana University makes clear that employment in Indiana education is growing, but not where one might expect. Jobs and pay scales are increasing quickly in nonprofit schools and colleges while employment and average salaries in government-run schools and colleges are inching up or even decreasing.

Restaurant fundraisers promote pet causes - wistv.com - Columbia, South Carolina |

Restaurant fundraisers promote pet causes - wistv.com - Columbia, South Carolina |: So, when Kitchen on George opened late last year, it decided to throw a "Pooches on the Patio" event to benefit the Mobile SPCA. The event - which indeed featured pooches quite literary on the restaurant's patio - was such a success, the restaurant repeated it this spring, drawing 80 to 100 people and about 15 dogs.

Restaurant fundraisers promote pet causes - wistv.com - Columbia, South Carolina |

Restaurant fundraisers promote pet causes - wistv.com - Columbia, South Carolina |: So, when Kitchen on George opened late last year, it decided to throw a "Pooches on the Patio" event to benefit the Mobile SPCA. The event - which indeed featured pooches quite literary on the restaurant's patio - was such a success, the restaurant repeated it this spring, drawing 80 to 100 people and about 15 dogs.

How to build grantees’ network effectiveness: six lessons and deeper reflections from the Packard Foundation | Working Wikily

How to build grantees’ network effectiveness: six lessons and deeper reflections from the Packard Foundation | Working Wikily: The leading edge of social change is increasingly network-centric. Collaboration, coordination, and working in networks are becoming the new normal, as leaders across sectors work to move the needle on today’s most pressing problems. It is fast becoming a new kind of capacity for nonprofits to build, but what does it mean in practical terms for a foundation to build its grantees

Sandusky Charity Seeks OK to Shut Down - TIME

Sandusky Charity Seeks OK to Shut Down - TIME: MATT ROURKE / AP



(PHILADELPHIA) — The charity for troubled youths started by Jerry Sandusky more than three decades ago — and through which the retired Penn State assistant football coach met the boys he is charged with sexually abusing — said Friday it is seeking court approval to shut down and transfer its programs to a Texas-based youth ministry that serves abused and neglected children.

7 effective tactics for engaging faith groups - TheNonProfitTimes

7 effective tactics for engaging faith groups - TheNonProfitTimes: When it comes to reaching out to different types of donors, one marketing strategy doesn’t fit all. This is especially true with religious groups.

NEFA Receives $3.3M Grant to Support National Dance Project

massnonprofit.org ::: May 24, 2012 — The New England Foundation for the Arts, a Boston-based nonprofit that provides leadership and resources to benefit artists, the public, arts funders, and policymakers, recently announced that it received a $3.3 million grant from the Doris Duke Charitable Foundation to support its National Dance Project.

Home for Little Wanderers Gala Raises $961K from 1,100 Guests

massnonprofit.org ::: May 28, 2012 — The Home for Little Wanderers, a private, nonprofit child and family service agency based in Boston, recently announced that it raised $961,000 through its annual gala, which drew more than 1,100 guests, the greatest number of attendees ever, beating its goal by a substantial margin.

3 Ways to Become a Better Nonprofit Pro This Summer

3 Ways to Become a Better Nonprofit Pro This Summer: Here are my suggestions for nonprofit folks during the summer months...in between catching up on your fiction list and movies:

Read a book that will teach you something new to bring to your job in the fall. It could be a book specifically about nonprofit work or something a little more general. Here are three that I already have stockpiled for myself plus resources for more:

Zimbabwe's Richest Man Honored By Morehouse College - Forbes

Zimbabwe's Richest Man Honored By Morehouse College - Forbes: Morehouse College, an all-male institution and one of America’s oldest historically black colleges, awarded Zimbabwean telecom tycoon Strive Masiyiwa an honorary doctorate in recognition for his philanthropic and humanitarian work across the African continent.

Our Accomplishments Together | The Agitator - Fundraising, Direct Marketing and Advocacy Strategies for Nonprofits

Our Accomplishments Together | The Agitator - Fundraising, Direct Marketing and Advocacy Strategies for Nonprofits: Debra Richmond commends this email Annual Report from Be The Match, a bone marrow registry helping patients get transplants from non-related donors.

SOI Tax Stats - SOI Bulletin: Spring 2012

SOI Tax Stats - SOI Bulletin: Spring 2012: SOI Tax Stats - SOI Bulletin: Spring 2012

Laura Arrillaga-Andreessen on 21st Century Philanthropy and Smarter Giving - Forbes

Laura Arrillaga-Andreessen on 21st Century Philanthropy and Smarter Giving - Forbes: Rahim Kanani: As you survey the landscape of philanthropy today, what excites you the most about where we’re headed as a sector?

Laura Arrillaga-Andreessen: If you think about philanthropy today compared to even a decade ago, the changes are dramatic. This evolution includes a striking rise in social consciousness, particularly among the young generation of givers—philanthropists who participate in social change in completely different ways from their predecessors, with more active and intellectual engagement in the causes they care about.

Jeff Skoll named Independent Sector's 2012 John W. Gardner Leadership Award Winner - TheNonProfitTimes

Jeff Skoll named Independent Sector's 2012 John W. Gardner Leadership Award Winner - TheNonProfitTimes: Independent Sector has named Jeff Skoll the 2012 recipient of the John W. Gardner Leadership Award. The Washington, D.C.-based organization will present the award at the John W. Gardner Leadership Dinner during its annual conference in November in San Francisco.

One Nonprofit Lawyer’s Tips on Use of Advisory Boards - NPQ – Nonprofit Quarterly - Promoting an active an engaged democracy.

One Nonprofit Lawyer’s Tips on Use of Advisory Boards - NPQ – Nonprofit Quarterly - Promoting an active an engaged democracy.: Carter warns, however, that, “From time to time, nonprofits fail to clearly delineate an advisory board’s role. In such cases, the advisory board members may misunderstand their authority and hard feelings can develop. We have even seen organizations that purport to have two boards without making clear which board is actually responsible for governing the organization.” She suggests the following steps for a useful and productive advisory board dynamic:

The Daily Bruin :: New UCLA course offers third- and fourth-years chance to donate $100,000 to local nonprofits

The Daily Bruin :: New UCLA course offers third- and fourth-years chance to donate $100,000 to local nonprofits: A new course, called Philanthropy as Civic Engagement, will offer 24 students the opportunity to donate a total of $100,000 to nonprofits in the Los Angeles area. It will be taught by Judi Smith, dean and vice provost for undergraduate education, and offered through the Center for Community Learning.

United Way donations are highest in 9 years - Pittsburgh Post-Gazette

United Way donations are highest in 9 years - Pittsburgh Post-Gazette: Despite a down economy, the United Way of Allegheny County raised $32.3 million last year -- its highest total in nine years.

That figure was bolstered by significant increases in large donations, including a 20 percent increase last year in women giving more than $1,000.