Local philanthropy stories from the past week:
- Rural Nonprofits Struggle with Sagging Economy
Minnesota Public Radio: High demand for services and shrinking budgets are putting some nonprofit organizations in crisis. - Initiative Addresses the Aging Population
Brainerd Dispatch: An initiative called Brainerd for a Lifetime is part of a pilot project with the Central Minnesota Council on Aging. A grant was provided to the aging council from the Otto Bremer Foundation. - Three Banks Join Foundation’s Business Loan Program
Hutchinson Leader: The Southwest Initiative Foundation program helps small business owners and entrepreneurs access expansion or start-up financing. - Riverland Generations Project Receives Grant
Rochester Post-Bulletin: The Southern Minnesota Initiative Foundation incentive grant will help bridge work force needs and the growing “boomer” population. - Personal and Cultural Narratives Drive McKnight Fellows
MinnPost: Each of the artists in the MCAD/McKnight Fellowships for Visual Artists exhibit shows us something new about narrative, portraits, landscapes, or the interplay and exchange of cultural objects and traditions.
National philanthropy stories from the past week:
- Economy Slows, Wealthy Giving Grows
Forbes: America’s wealthiest are upping their contributions to charity, even with the country on the brink of recession. - Invest in the Best to Make an Impact
Financial Times: In reframing our understanding of the non-profit sector, we must recognise that we cannot afford not to hire the best people. We need to expect non-profits to hire the best people, and support our donations being spent on competitive salaries. Imagine what could be achieved if we transformed our dysfunctional understanding of charity. - Buffett Is Amazed His Lunch Drew A $2.1 Million Bid
Associated Press: A Chinese investment fund manager’s bid for the chance to have lunch with billionaire Warren Buffett was the largest ever in a charity auction on eBay and surprised even Buffett.
