Category: News & Notes

Duo embezzled $100K

Way to punch Detroit in the face: High school principal conspired with nonprofit head to siphon education funds meant for at-risk kids. “The principal of Western International High School and the head of a nonprofit agency have been charged with stealing money that was supposed to be used to serve at-risk students.” — Ann Zaniewski, the Detroit Free PressMORE >>

$1 billion to fight cancer

Inside Philanthropy called it the “mother of all matching grants”: In just two years, OR Science & Health University raised $500m to match Phil Knight’s pledge.… MORE >>

Lawsuit filed against NM AG staffer

Lawsuit alleges NM’s assistant AG, Kenneth Casares Owens, got way too involved with day-to-day operations of a foreclosure-prevention nonprofit. “An inexperienced New Mexico attorney general staffer bullied nonprofit employees and harassed a female worker on social media while using the name ‘Mr.… MORE >>

A robust beginning to 2015

We’re not even halfway through 2015, and already charitable giving by wealthy donors is up 21% over last year, tallying up to $4 billion. “Wealthy donors gave over $700 million more to nonprofits in the first five months of 2015 than they did in the same period last year, according to a Chronicle tally.… MORE >>

Vet sues housing nonprofit

Disabled vet is suing OR Veterans Resource Center over living conditions and state of repair, but nonprofit claims rent and subsidies barely cover the mortgage. “A lawsuit claiming fraud, abuse of a vulnerable person and negligence was filed against Oregon Veterans Resource Center in Hillsboro on Wednesday.” — Katherine Cook, KGW.com  … MORE >>

A tour and a reunion

Returning to their roots? This week, the Ford Foundation is holding its first board meeting in Detroit since 1948. “Trustees for The Ford Foundation will be hitting the streets of Detroit this week, holding their first board meeting in the Motor City in 67 years as well as greeting local grantees carrying out the foundation’s mission….… MORE >>

K of C raised $173.5 million in 2014

Congratulations to the Knights of Columbus: They’re celebrating 15th straight year of increased charitable giving (and the setting of a new record). “The Knights of Columbus have been preparing to welcome Pope Francis to the U.S.… MORE >>

Maine nonprofit helping inmates

ME nonprofit will receive $500,000 government grant to support jobs program for inmates transitioning after release from prison. “The Federal Department of Labor is giving a Maine nonprofit group $500,000 to create a job center at Cumberland County Jail.… MORE >>

Mark Cuban’s IU boost

Billionaire Mark Cuban gave alma mater Indiana University $5 million to establish new state-of-the-art center that will explore emerging technology. “As Mark Cuban looked for ways to help the Dallas Mavericks gain a competitive advantage in the NBA, the Indiana University graduate thought his alma mater should get in on the ground floor.… MORE >>

Top this!

Harvard’s latest alumni gift — $400m from billionaire hedge-funder John Paulson — tops the $350m they received just last year from Gerald Chan. “John Paulson, the billionaire hedge-fund manager who made money hand-over-fist by betting against the subprime mortgage market before the housing bust, has decided to donate $400 million to Harvard University, where he attended business school.… MORE >>

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