Silicon Valley Community Foundation Raised $985 Million in 2012
Total contributions to the foundation — the largest single funder of nonprofits in the Bay Area — more than doubled the nearly $470 million it received in 2011, while assets under management grew to $2.9 billion....
Sandy Donations May Not All Go to Storm Victims, Watchdog Group Warns
The Disaster Accountability Project told the New York Daily News that many nonprofits were misleading donors about how the funds will be used by featuring Sandy-related photographs without specifying that donations will go to storm victims....
Pennsylvania State Senator Proposes Payroll Prep Tax for Large Nonprofits
Pennsylvania state senator Jim Ferlo (D-Highland Park) has proposed legislation that would require large nonprofits such as universities and medical centers to pay a 0.4 percent payroll preparation tax....
Brooklyn Museum Faces Conundrum Over Gift of Problematic Artwork
The museum has been prevented from deaccessioning more than two hundred works of art deemed to be fakes, replicas, misattributed, or in too poor a condition to exhibit....