Executive Issues

Recession Prompts Many Americans to Reduce Time Spent Volunteering, Study Finds
August 27, 2009

August 26, 2009, The Chronicle of Philanthropy — Seventy-two percent of Americans say they have cut back the time they spend volunteering and performing other civic activities in the past year — largely as the result of the recession, according to the study by the National Conference on Citizenship.

Endowment Losses Threaten No-Loan Policies as Guarantees Vanish
August 26, 2009

August 25, 2009, Bloomberg — Swarthmore College, perennially ranked among the top liberal arts colleges, was among a select few to replace loans with grants to 50 percent of its 1,500 students as the endowment peaked at $1.4 billion two years ago.

Americans Report Making $47-Billion in Noncash Gifts
August 26, 2009

Washington, August 26, 2009, The Chronicle of Philanthropy — Americans reported making donations of $46.8-billion in noncash gifts in 2006, counting only the taxpayers who took total deductions of more than $500 for such gifts during the year, according to a new report from the Internal Revenue Service.

Jeff Raikes Talks About First Year as Gates Foundation CEO
August 21, 2009

August 20, 2009, The Seattle Times — Jeff Raikes has kept a pretty low profile in his first year as chief executive of the Bill & Melinda Gates Foundation. The man who built Microsoft Office now runs the largest private foundation in the world, which gives out more than $3 billion a year from an endowment of $30 billion.

Operation HOPE Founder John Hope Bryant Shares Best Practices for Success in New Book
August 19, 2009

LOS ANGELES, August 19, 2009 — Financial literacy nonprofit Operation HOPE today announced the release of HOPE Founder John Hope Bryant’s latest book, “Love Leadership: The New Way to Lead in a Fear-Based World,” out this month by Jossey-Bass, which outlines his key to success and offers solutions to empowering communities by “leading with love.” Designated proceeds from book sales will go towards the organization’s “silver rights” mission to empower the underserved.

"Clunkers" Program Slows Car Gifts to U.S. Charities
August 17, 2009

WASHINGTON, August 16, 2009, Reuters — The popular "cash-for-clunkers" program is boosting U.S. auto sales and manufacturing but is also slashing donations to charities that rely on gifts of cars to fund social programs, charity officials say.

Deutsche Bank Throws Lifeline to the Arts
August 11, 2009

August 6, 2009, Crain's New York Business — Deutsche Bank is doling out $1.4 million worth of emergency grants to 14 arts organizations in New York City to help them continue their programming during the recession.