MAJOR NEWS STORIES (May 11-17, 2009)

GENERAL

“Nonprofits need more support now.” By William W. Ginsburg. Op-ed. New Haven Register. May 13, 2009. Head of New Haven’s community foundation urges greater public support for nonprofits.

ARTS & CULTURE

“Fine Art Fund’s Hoffman Seeks to Raise $100 Million to Buy Art.” By Claudia Carpenter. Bloomberg.com. May 16, 2009. As recession forces wealthy and corporations to sell art, new philanthropy stands ready to buy.

“What fate for the carriage house that Mrs. Jack built? Dispute erupts over Gardner Museum plan.” By Sebastian Smee. Boston Globe. May 17, 2009. Battle over future of historic structure raises questions about the quality of a museum’s leadership and fidelity to mission.

EDUCATION

“They Had It Made.” Op-ed. By David Brooks. New York Times. May 12, 2009. Opinion piece on Harvard’s Class of 1942 and Grant Study, which followed them and other Harvard graduates of the era through their entire lives.

“The Harvard disadvantage; Despite outreach, the needy face socioeconomic gulf.” By Tracy Jan. Boston Globe. May 12, 2009. Persistence class distinctions cast their shadows over student life at the nation’s oldest and wealthiest university.

“First Round of Cuts Sweeps Harvard’s Largest School.” By Esther I. Yi & Bonnie J. Kavoussi. Harvard Crimson. Insightful reportage on the the recession’s impact on Harvard’s Faculty of Arts & Sciences. May 13, 2009.

“25 Percent Budget Cuts May Affect House Administrators.” By Bita M. Assad & Ahmed N. Mabruk. Harvard Crimson. May, 15, 2009.” Life in Harvard dorms affected by budget cuts.

“University To Freeze Property Purchases.” By Peter F. Zhu. Harvard Crimson. May 15, 2009. University’s ambitious expansion curtailed by shortage of funds.

“FAS to Increase Section Size In Order To Accommodate Budget Saving Measures.” By Noah S. Rayman & Elyssa A.L. Spitzer. Harvard Crimson. May 15, 2009. The impact of the recession of Harvard’s academic offerings.

“What makes us happy.” By Joshua Wolf Shenk. Atlantic. June 2009. Article on the Grant Study, which has followed the lives of a selected group of Harvard graduates from their college days into their nineties. A remarkable account of the impact of imaginative grant making.

GIVING

“Recession Fails to Halt Spring Charity Benefits.” By Stephanie Strom. New York Times. May 9, 2009.

“Donors Find Gift Annuities Can Stop Giving; Market Turmoil Saps Ability Of Some Charities to Continue Paying Out Promised Yields.”
By Mike Spector & Shelly Banjo. Wall Street Journal. May 12, 2009.

“Robin Hood Event Adjusts to Tough Times.” By Stephanie Strom & Graham Bowley. New York Times. May 13, 2009. New York charity galas ain’t what they used to be.

HEALTH CARE

“Hospitals Begin to Move Into Supermarkets.” By Milt Freudenheim. New York Times. May 12, 2009. Nonprofit outreach: Hospitals form joint ventures with Wal-Mart and other retailers.

HOUSING

“Ex-developer gives $100m to Habitat.”
Boston Globe/Associated Press. May 15, 2009. Habitat’s willingness to receive this gift represents a shift of direction for the for the organization, which in the past has refused large donations, preferring to depend on the volunteer energies and small contributions of supporters.

MEDIA

“Would Geffen See a Times Co. Investment as Charity?” By Andrew Ross Sorkin. DealBook Blog. NYTimes.com. May 14, 2009. Entertainment mogul David Geffen reportedly seeks a major stake in the New York Times with a view to turning it into a nonprofit.

“The Public Editor: The Tip That Didn’t Pan Out.” By Clark Hoyt. Editorial. New York Times. May 17, 2009. The Times denies right wing accusations that it withheld news about the ACORN scandal to influence the outcome of the presidential election.

MISCELLANEOUS

“Principled Investing Gains More Fans.” By Jilian Mincer. Wall Street Journal. May 13, 2009. Ethical investing in the spotlight.

MUTUAL BENEFIT/TRADE ASSOCIATIONS

“Giving businesses a voice.” By Robert Gavin. Boston Globe. May 17, 2009. Boston’s Chamber of Commerce celebrates a century of service to the business community.

PHILANTHROPY

“A Dog’s Inheritance; Donor intent gets mauled again.” Editorial. Wall Street Journal. May 12, 2009. Editorial on the disposition of Leona Helmsley’s estate.

“The Fight for Little Sweetie’s Billions Is Getting More Than a Little Weird Feng Shui Master: I Was Her Secret Lover; Puppet Show: Don’t Believe It.” By Jonathan Cheng. Wall Street Journal. May 13, 2009. Foundation and paramour battle for control of the estate of Asia’s wealthiest women.

“Brandeis Plan to Raze Building Sparks Donor Suit.” By John Hechinger. Wall Street Journal. May 13, 2009. The Journal continues to rock its donor intent hobby horse.

“Philanthropy faces Madoff suit; Trustee says Picower should have seen fraud.”
By Tom Hays. Boston Globe/Associated Press. May 13, 2009. Family foundation, supporter of MIT, the New York Public Library, and medical research, destroyed by Madoff peculations.

“Charities Rethink Glitz Quotient for Their Galas.” By Mike Spector. Wall Street Journal. May 14, 2009.

“A Long Road Back, but Not a Lonely One.” By Vincent M. Mallozzi. New York Times. May 17, 2009. The Jazz Foundation of America continues its work of aiding aged and disabled musicians.

“Let them eat cash: Can Bill Gates turn hunger into profit?” By Frederick Kaufman. Harper’s, June 2009. Examination of mixed motives behind Bill Gates’s global initiatives.

RELIGION

“An Upstart Church Movement Wrestles With Growing Older.” By Amy Docker Marcus. Wall Street Journal. May 13, 2009. Effort to integrate mainline religion with contemporary culture suffers growing pains.

“North Lawndale churches: Are they causing more harm than good? Some pastors say there’s a huge need; critics say they’re stifling economic growth.” By Ofelia Casillas and Margaret Ramirez. Chicago Tribune. May 17, 2009. Chicago neighborhood which boasts the city’s highest concentration of churches is also its poorest and most troubled by crime and the drug trade.

“Hopes and Habits Persevere at Churches Gone, but Not Destroyed.” By Paul Vitello & Christine Haughney. May 17, 2009. New York Times. Impact of continuing parish closings on New York’s Catholic communities.

VOLUNTEERING

“Mom connects families to feed the hungry.” CNN.com. May 15, 2009.

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