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Considering Charity Ratings Services

Writes Ken Berger, former president of Charity Navigator: A while ago, a researcher on the nonprofit landscape created a list of every “information intermediary” (including Charity Navigator, GuideStar, BBB, etc.) and calculated there were over 100 of us. . . . Whatever barriers to entry there were in starting such groups have largely dissolved, given... Read More

Changing Young Lives Through Scholarships

“We’ve always been interested in young people and their college education,” said Mr. Smyth. While working in Wilmington, DE, he worked with inner-city kids. “That was the real impetus to set up the foundation. When we left Wilmington and retired in Virginia, we decided to create a local scholarship program.” Nelson County, a rural area... Read More

Changing Lives Through Microfinance

People say that one can be overtaken by vast waves of love and despair in Africa. “This is poverty,” warns Unitus Vice President Kate Cochran. “More palpable, deeper, and somehow more stark than anyplace else on the planet.” It took me decades to get to Africa. My early years were preoccupied with the privileges that... Read More

Expenditure Responsibility

Expenditure responsibility requires private foundations to: Take steps to ensure that grants to certain organizations are spent only for the charitable purposes for which they were made. Obtain full and complete reports from the grantee on how the funds were spent. Make full and detailed reports on the expenditures to the Internal Revenue Service (IRS).... Read More