In case you missed it, here are some of the charity headlines making news this week:
- Bill Gates continues to attract media attention with his philanthropic efforts. The Microsoft founder has joined forces with New York Mayor Michael Bloomberg, jointly giving $375 million to cut smoking in developing countries. And in
Seattle, the Gates Foundation is creating a permanent home, recently breaking ground on a $500 million, 900,000 square foot campus.
- More and more individuals are finding ways to give back to society without making financial donations. In a growing trend, retiring baby boomers are turning to second careers with nonprofits, while some individuals are making a difference by volunteering in Africa. Still others are looking for creative ways to give that also encourage others to do something for the cause.
- The economy continues to take its toll on charities, resulting in more modest special events than previous years. Nonprofits are also less optimistic about fundraising than they have been in the past.
- Financial dealings of the Shriners of North America and the
for Children are under question as a result of an investigative committee’s findings. Shriners Hospital
- And finally, nonprofits are developing new ways to support the people and economies in their regions. A new partnership between Habitat for Humanity International and the Calvert Foundation will allow individuals to invest their money into a fund that benefits Habitat, while earning a small return on the investment. And several charities are working to stimulate their local economies by helping entrepreneurs establish their businesses in the area.