Jan. 25, 2009, Forbes — When the Chronicle of Philanthropy released its annual report on nonprofit salaries in October 2009, several journalists responded critically by accusing well-compensated nonprofit chief executive officers of being driven by financial gain rather than belief in the cause and by suggesting that these "bloated salaries" represent irresponsible spending by the entire nonprofit sector. (See "Nonprofit Millionaires.") While this is certainly not the first time a public debate has been waged over nonprofit salaries, this time around the especially harsh allegations of bloated CEO salaries in the nonprofit world seem fueled, in part, by public outrage over of the pay packages earned by corporate executives. This misplaced anger amounts to kicking nonprofits while they're down.
October 7, 2009, Forbes - In an age of packed schedules and dwindling funds, we may not feel we have the time or money to devote to charitable giving. Fortunately for the thousands of nonprofit organizations struggling to provide critical services to our communities in this challenging economy a new wave of young and innovative social entrepreneurs has created inventive Web applications to accomplish the seemingly impossible: to spur charitable giving during a recession and to allow us to give without even opening our wallets.
September 29, 2009, Forbes — Dozens of charities, including some with brand names, have been soliciting gift annuities over the Web citing unlikely high yields and an endorsement from a fake person who is quoted as saying she is "delighted" with her investment.
September 9, 2009, Forbes — Despite managing through the worst economic conditions the U.S. has seen since the Great Depression, high-net-worth individuals are still committed to charitable giving. In fact, in many cases, they are now more generous than in years past, according to results of a survey of 500 high-net-worth and ultra-high -net-worth individuals in the U.S. and U.K. conducted by Barclays Wealth and Ledbury Research.
August 24, 2009, Forbes.com — The most exclusive subset of the world's wealthy may be this one: those living philanthropists who have already given away $1 billion or more. For the first time ever, Forbes has put together a list of the world's billion-dollar donors. Of the 793 billionaires in the world, only 11 made it into this group.
August 24, 2009, Forbes — The most exclusive subset of the world's wealthy may be this one: those living philanthropists who have already given away $1 billion or more. For the first time ever, Forbes has put together a list of the world's billion-dollar donors. Of the 793 billionaires in the world, only 11 made it into this group.