“Helping Themselves: With fewer donations and declining investments, nonprofits are thinking creatively about cutting costs and raising revenue.” By Shelly Banjo. Wall Street Journal. April 22, 2009. See complete Wall Street Journal Report on corporate survival strategies in this recession, “Weathering the Storm.”
“Eating From the Hand That Bites You.” By Howard Husock. Wall Street Journal. April 24, 2009. Conservative scholar opines on the perils of government support for nonprofits.
ARTS & CULTURE
“My Sports Bra Is Where, Exactly? As Sports Museum Goes Bankrupt, Feds Seize Hundreds of Items; Richard Petty’s Sunglasses.” By Reed Albergotti. Wall Street Journal. April 23, 2009.
“Who Should Own the World’s Antiquities?” By Hugh Eakin. New York Review of Books. May 14, 2009. This review-essay of James Cuno’s Who Owns Antiquity? Museums and the Battle Over Our Ancient Heritage (Princeton) explores the struggle between “encyclopedic” museums and nations seeking to repatriate their cultural treasures.
CORPORATE SOCIAL RESPONSIBILITY
“Mass. CEOs pledge to help create ‘sustainable economy’.” By Jillian Jorgensen. Boston Globe. April 24, 2009. Reacting to public anger over corporate abuses, CEOs of Massachusetts firms pledge to focus on business practices that consider not just profits, but people, and the environment.
“Charter Schools Weigh Freedom Against the Protection of a Union.” By Jennifer Medina. The New York Times. April 21, 2009. Some former charter school boosters are reconsidering the role of unions in securing voice for teachers in education reform.
“City Tries New Tactic to Convert Catholic Schools to Charter Schools.” By Javier C. Hernandez. The New York Times. April 22, 2009. Report on the city’s efforts to circumvent New York State’s ban on the conversation of private schools to charter schools.
“Ivy League Lessons: Can college endowments—even now—teach the individual investor?” By Dave Kansas. Wall Street Journal. April 22, 2009. Matthew Tuttle’s How Harvard and Yale Beat the Market (Wiley) is a celebration of the spectacularly profitable risk-taking investment strategies of Ivy League endowment managers. This review examines Tuttle’s conclusions in the light of the current economic crisis.
“Universities Increase Financial Aid Levels; Despite shrinking endowments, schools to meet student need.” By Athena Y Jiang and June Q. Wu. Harvard Crimson. April 23, 2009. Despite endowment losses of 30% or more, the elite private universities plan to keep their promises to increase scholarship aid.
“So You Want to Be a Professor.” By Naomi Schaefer Riley. Wall Street Journal. April 23, 2009. This opinion piece critiques current employment practices in higher education, particularly the use (and abuse) of adjuncts and other part-timers.
“Brandeis to give Rose Art Museum reprieve until fall; Backers question committee’s work.” By Tracy Jan. Boston Globe. April 24, 2009. Continuing debate on Brandeis University’s efforts to close its art museum and sell its collection — a move that has outraged donors and the museum community.
“A Limited Love of Liberty; A former ACLU board member says that the organization has lost its way.” By John Leo. Wall Street Journal. April 24, 2009. Review of Wendy Kaminer’s Worst Instincts: Cowardice, Conformity, and the ACLU (Beacon), a study of mission drift and board conflict.
“How Business Schools Have Failed Business; Why not more education on the responsibility of boards?” By Michael Jacobs. Wall Street Journal. April 24, 2009.
“Wellness Community gone, but questions persist: Internal strife, unpaid bills spelled the end for treasured Newton facility. By Patricia Wen. Boston Globe. April 25, 2009.
LAW & PUBLIC POLICY
“Amendment Gives Religious Organizations Exemption To Same-Sex Ruling.” By Diana Altimari. Hartford Courant. April 23, 2009. As usual, religious bodies get a free pass when it comes to discrimination.
“Dogs Get Small Bite of Helmsley Grants.” By Mike Spector. Wall Street Journal. April 22, 2009. Despite Leona Helmsley’s desire to devote her multi-billion dollar charity to dogs, her trustees, given discretion by the courts, make first grants to medical education and research, to homeless shelters, food banks and emergency-services programs in New York, and to causes promoting youth educational opportunities and environmental-conservation. Of $136 million distributed, only one million goes to the dogs (via the ASPCA).
“Family Charities Shift Assets to Donor Funds; Givers Gain Cost, Tax Benefits But Sacrifice Some Control; Leaving Paperwork to Others.” By Mike Spector. Wall Street Journal. April 22, 2009.
“New Group Is Formed to Sponsor Native Arts.” By Robin Pogrebin. New York Times. April 22, 2009. The Native Arts and Cultures Foundation, a new funder of work by American Indian, Native Hawaiian and Alaska Native artists is being established with an initial $10 million from the Ford Foundation.
“New Unrest on Campus as Donors Rebel.” By John Hechinger. Wall Street Journal. April 23, 2009. Donors and beneficiaries protest as financially strapped colleges and universities seek to divert restricted funds to meet pressing institutional needs.
“Annenberg’s New Gallery Space.” By Arnie Cooper. Wall Street Journal. April 23, 2009.
Review of the Annenberg Space for Photography gallery recently opened as part of its Los Angeles office complex.
“Foundation of The Times Suspends Gift Program.” By Stephanie Strom. The New York Times. April 24, 2009. Hard times force New York Times and Boston Globe Foundations to suspend grantmaking.
“Anonymous Donor Gives Millions to Colleges.” By Lisa W. Foderaro. The New York Times. April 25, 2009. See also “Colleges bewildered by anonymous major gifts; One caveat: Don’t try to identify donor.” By Justin Pope. Boston Globe/ Associated Press. April 24, 2009. Over the past two months, a dozen colleges and universities have received over $70 million in donations from a mysterious anonymous donor. Most of the money is earmarked for women and minority scholarship.
“Raising Bill Gates.” By Robert A. Guth. Wall Street Journal. April 25, 2009. Profile of Bill Gates based on unique interviews of family and friends.
“Probe of preachers’ finances is ongoing.” By Christopher Quinn. Atlanta Journal-Constitution. April 23, 2009. Report on progress of Senate Finance Committee’s investigation of the lavish lifestyles of some evangelical preachers.
“New Riverside Pastor’s Compensation Splits Congregation.” By Paul Vitello. The New York Times. April 23, 2009. $600K salary outrages parishioners of New York’s liberal Riverside Church.
“No Word From I.R.S. on Protest by Pastors.” The New York Times/Associated Press. April 26, 2009. Hoping to initiate a test case, on the eve of the presidential election, conservative pastors in 22 states defied the IRS by making endorsements from their pulpits. To-date, the agency seems to be avoiding a costly and embarrassing court battle.
“More older Americans signing on to volunteer abroad.” By Stephanie Chen. CNN. April 23, 2009