Fannie, Freddie Scale Back Gifts to Charity (WaPo, 5/18) – “reduced charitable giving by more than 40 percent from 2006 to 2008″ … “projected to drop slightly again this year”… longer-term future still unclear… Tamara Lucas Copeland: Fannie and Freddie are “significant supporters and investors in our region…What we see is a number of nonprofits that are struggling and trying to determine how they’re going to support the important work they’re doing.”
SPENDING OUT | “Giving While Living: The Beldon Fund Spend Out Story” – $100M in 10 years – “We had to learn quickly from our mistakes and make appropriate revisions” … “made us a little bolder in our policy-oriented grant making.”
COMPENSATION | MontCo withholds money to charity because of high executive pay (Examiner, 5/12) - Does Food & Friends raise substantially more money because of Mr. Shniderman? I don’t know. But, if so, maybe his salary is justified. Just throwing it out there.
GIVING | Foundations to give less in 2009 (PhilanthropyJournal, 5/15) – per COF survey
AWARDS | Washington Business Journal honors business philanthropy (WBJ, 5/14) – Winner in the community impact category was Capital One Financial Corp., a WG member.
PEOPLE | Neil Albert replaces Dan Tangherlini as D.C.’s city administrator (WBJ, 5/15)
DC SCHOOLS | Rhee wants DC Council to restore $27M in education funding (WAMU, 5/18)
