Goldman Sachs considers charity policy...

January 11, 2010

Goldman Sachs considers charity policy

As it prepares to pay big bonuses to its employees, Goldman Sachs is mulling whether to expand a program that would require executives and top managers to give a specific share of their earnings to charity, The New York Times reported Jan. 10 (see Goldman Sachs story).

Nonprofit jobs grow in Maryland

A new report from the Johns Hopkins Center for Civil Society Studies says that, despite the recession, nonprofit employment in Maryland grew 2.7 percent in 2008, compared to a 3.3 percent drop in for-profit employment in during this same period, the JHU Gazette reported Jan. 11 (see Maryland nonprofits story).

Dartmouth closes record campaign

Dartmouth College completed its largest fundraising effort ever, with over 65,000 organizations, alumni and other individuals donating $1.3 billion over the last seven years, the Associated Press reported Jan. 9 (see Dartmouth fundraising story).

N.J. charitable fund wants money FBI seized

A charitable fund that surfaced in a federal money laundering and corruption sting that led to the arrests of dozens of elected and religious officials and others last summer, is trying to recover over half a million dollars seized by the FBI, The Star-Ledger reported Jan. 10 (see New Jersey charity battle story).

Gates Foundation names agricultural-development director

Sam Dryden, a managing director of New York-based investment firm Wolfensohn & Company, has been named director of agricultural development at the Bill & Melinda Gates Foundation, succeeding Dr. Rajiv Shah, who was sworn in Thursday as administrator of the U.S. Agency for International Development, The Seattle Times reported Jan. 8 (see Gates Foundation story).

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