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MONDAY, NOVEMBER 23, 2009
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NEWS ABOUT: charitable giving

charitable giving stories: 7 news summaries

(Newser) - At least one person looks to have benefited more from Bernie Madoff’s Ponzi scheme than Bernie Madoff, ProPublica reports. Jeffry Picower, a secretive philanthropist and investor in medical technologies, is on the books as having withdrawn some $5.1 billion in returns from 1995 to 2008, well beyond his... More »

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philanthropy • Ponzi scheme • defrauding investors • Bernard Madoff • charitable giving • return on investment • Jeffry Picower • Picower Foundation • medical technology

(Newser) - Twitter has unveiled an online currency of sorts, the “twollar,” aimed at boosting charitable giving, the Guardian reports. Twitter users start out with 50 twollars (the equivalent of $5), which they can award to other users for astute posts and the like. Twollars are currency, but only... More »

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social networking • Internet • charity • Twitter • charitable giving • twollar



 In Hard Times, 
 Big Donors 
 Don't Flaunt It

Some seek subtlety as neighbors struggle

May 4, 09 11:29 AM CDT
(Newser) - In hard times, big givers are staying out of the spotlight, the Chronicle of Philanthropy reports. Some 19% of donations of $1 million or more in the past 10 months have been anonymous, compared with 3%-5% over the past 10 years. Donors often stay nameless to keep other charities from... More »

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philanthropy • recession • donation • anonymous • economy • charitable giving

(Newser) - E! donated $250,000 to the Jolie-Pitt Foundation last year, but you wouldn’t know it from the cable channel's coverage of Brangelina, Fox News reports. Not only has E! not had the sort of scoops one might expect if it were really paying for access, but the celebrity news... More »

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Angelina Jolie • Brad Pitt • charity • donation • E! Entertainment Network • Jolie-Pitt Foundation • charitable giving

OPINION

Philanthropists Cry Foul Over Obama Budget

Higher taxes, cap on deductions may lead to $4B less in charity

Mar 10, 09 9:19 AM CDT
(Newser) - Charity may be a virtue, but in America there's another motivation for philanthropy: generous tax deductions of as much as 35%. Barack Obama's proposed 2010 budget may change all that; not only will it raise taxes on the most wealthy to almost 40%, it will cap charitable deductions at a... More »

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philanthropy • Barack Obama • budget • charity • nonprofit • tax code • charitable giving

(Newser) - Bernard Madoff’s alleged mega-fraud and the large number of Jewish investors he apparently snookered is stoking anti-Semitic feeling in tony Palm Beach, ABC News reports. “It is a terrible thing to say, but some of the WASPs are delighted, they take great pleasure in this,” said an... More »

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philanthropy • fraud • Judaism • investment • Ponzi scheme • Palm Beach • anti-Semitism • scandal • Bernard Madoff • charitable giving

(Newser) - The economic crisis isn’t just hurting Wall Street executives—it also spells dark times for the charities they once supported, the Wall Street Journal reports. The number of US nonprofits climbed from about 750,000 a decade ago to more than a million today, but watchers say 100,... More »

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philanthropy • Wall Street • New York City • charity • nonprofit • Ponzi scheme • community organizers • Bernard Madoff • charitable giving • recession depression

7 Stories


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