News/Stats/Studies
January 25, 2012
Fidelity Charitable, which operates the nation's largest donor-advised fund program, announced that its donors' generosity reached an all-time high in 2011, setting records both for incoming contributions to Fidelity Charitable and for the dollar amount of grants made to charitable organizations. Fidelity Charitable donors made more than 380,000 grants, totaling more than $1.3 billion, to nonprofits nationwide during 2011, both up 8 percent compared with 2010.
January 24, 2012
Veteran fundraisers Tim Oleary and Carol Leister have purchased McPherson Associates from company founder Dick McPherson.
January 24, 2012
Newport Creative Communications announced that it has welcomed its first full-service client from Canada — Show Kids You Care — a significant first step of its expansion into this nation of generous givers.
January 23, 2012
Atlas of Giving announced results from its 2011 report on charitable giving. The report outlines charitable giving in the U.S. from 2011 and details how giving expanded at a faster rate than overall economic growth for the year. According to the report released by Atlas of Giving, total giving to U.S. nonprofits rose 7.5 percent in 2011, an increase of $24.2 billion over the 2010 total of $322.69 billion and its forecast shows that overall giving is expected to grow 3.9 percent in 2012 to $360 billion.
January 23, 2012
Boston nonprofits have boosted their voluntary contributions to city government over the past six months by 24 percent, advancing a longstanding goal of Mayor Thomas M. Menino, despite the misgivings of some institutions.
Since July, the city has received $9.4 million from tax-exempt institutions such as colleges, hospitals, and museums, a substantial increase over last year’s pace, according to the mayor’s office.
January 23, 2012
Country music star Garth Brooks testified Friday in his lawsuit against Integris Canadian Valley Regional Hospital in Yukon, Okla. He says the hospital went back on its word to name a new women's center after his late mother, Colleen Brooks.
Now he's asking the jury to order the hospital to return his donation. The hospital's president and CEO, James Moore, testified that the hospital and Brooks never reached a formal agreement or understanding about how his donation would be used, or what part of the hospital, if any, Brook's mother's name would be attached.
January 20, 2012
Nonprofits added jobs at an average annual rate of more than 2 percent from 2000 to 2010, while for-profit jobs were cut by 0.6 percent each year on average, according to a new study by the Center for Civil Society Studies at Johns Hopkins University.
Even during the recession years of 2008 and 2009, charities increased their employment by nearly 2 percent, while for-profit jobs declined by nearly 4 percent, according to the report, which was based on Bureau of Labor Statistics data.
January 20, 2012
The Rollins family’s ongoing generosity to Emory University continued with a recent $15 million gift from the O. Wayne Rollins Foundation of Atlanta.
The money will be used to build the second phase of the school’s new building program, Emory said.
“This gift allows Candler to provide state-of-the-art library and teaching facilities that are critical to fulfilling our mission of preparing faithful and creative leaders for the church’s ministries in the world,” said Jan Love, dean of Candler School of Theology, in a statement.
January 19, 2012
Advocacy by 110 nonprofit organizations over a five-year period has brought more than $26.6 billion in benefits to low-wage workers, communities of color, rural residents and other marginalized groups, according to a new study from the National Committee for Responsive Philanthropy.
The report, titled "Leveraging Limited Dollars: How Grantmakers Achieve Tangible Benefits by Funding Policy and Community Engagement," found that every dollar grantmakers and other donors invested in policy and civic engagement provided a return of $115 in benefit.
January 19, 2012
Blackbaud announced that fundraising has returned to pre-recession levels. Through the first 11 months of 2011, overall giving is up 3.4 percent over 2010, and is now officially above the level of giving last seen in 2007.
Chuck Longfield, Blackbaud's chief scientist and creator of The Blackbaud Index, noted that while giving is up, the increase is not uniform across all sub-sectors. However, most nonprofits saw greater stability and predictability in their 2011 fundraising than in the past few years.
