A friend of mine, Jim, recently passed away after an unexpected illness.  His friends and family decided to celebrate his life and legacy by creating a scholarship fund.  It turned out to be a bigger project than we thought. Jim believed in providing opportunities for those most...

The IRS recently took away the tax exempt status of several hundred thousand charities. If you are on the board of a non profit organization, it is critical to make sure that you protect yourself by checking up on the tax status.  As a director, you have personal liability for the oversight...

The Ford Foundation will spend $200-million over the next five years to help the country’s metropolitan areas take a more coordinated, effective approach to promoting economic opportunity. Press release: The new effort seeks to ensure that cities and suburbs work together in responding...

On Thursday, First Lady Michelle Obama will announce the 7-10 winners of grants under the Social Innovation Fund.  The grants will range from $1-10Million dollars each for a total disbursement of $50 Million dollars.   The grants will also be matched 1:1 in cash from other...

The Blackstone Charitable Foundation announced today that $50 Million will be committed over five years to promote entrepreneurship and economic recovery in communities hardest hit by the global economic crisis. The Blackstone Entrepreneurship Initiative will look for innovative programs and...