Nonprofit News From Elsewhere
Two sisters’ well-kept financial records helped launch a grant program that could become a model for reparations. After news reports in the 1990s made them suspicious, Black sisters Merle and Pearl Norflet dug out some old life-insurance policies written by the John Hancock company to see if they were inferior to policies sold to white people. A class-action lawsuit followed, and in 2009 Hancock settled for $24.4 million. More than $15 million of that money has been handed out to organizations serving African Americans. It has paid for health and education research, cancer screenings, a summer camp, and environmental education for city-bound youngsters, among other things. (Washington Post)
The Center for American Progress has tapped former Open Society Foundations leader Patrick Gaspard to become its CEO. In addition to leading George Soros’s global philanthropy and civil-society organization, Gaspard has been an ambassador and a high-ranking Democratic operative, among other roles. For its part, the think tank is enjoying a moment of particular influence with the Biden administration, which has hired more than 60 of its executives. Gaspard’s Soros connection will be a red flag for conservatives, but the center’s founder, John Podesta, said it will help the think tank address global problems facing the United States, including the rise of authoritarianism. (Politico)
More News
- 40 Nonprofit Health Systems Would Qualify for Fortune 500 Status (Becker’s Hospital Review)
- Rocket Companies Shareholder Lawsuit Cites Gilbert’s $500 Million Detroit Gift (Detroit Free Press)
- An NFT of Web Inventor Tim Berners-Lee’s Code Fetches $5.4 million for Charity (Boston Globe)
- Sexual Assault Allegations at Rhode Island Theater Company Spark Internal Investigation, Staff Resignations (Boston Globe)
- ‘No Jew Left Behind’: Rabbi Sholom Lipskar of Surfside, Fla., on His Synagogue’s Response (Religion News Service)
The Arts
- The Oldest Museum in New York Is Expanding: The New-York Historical Society Is Making Way for the First LGBTQ History and Culture Museum in the City (New York Times)
- Considering a Career in Museums? Here’s How Much Money You Can Expect to Make in Dozens of Different Roles (Artnet)