Altruism Today

New York Hospitals Ignoring Indigent Care Law

February 18th, 2012  |  Source: NPQ/NYT

Source: New York Times | According to a new study by the Community Service Society, New York hospitals divvy up an annual $1 billion-plus pot from New York’s Indigent Care Pool, but they largely ignore legal mandates to provide relief to patients who cannot afford their oversized hospital bills. Incredibly, some hospitals receive millions from the charity care pool without disbursing a dollar of aid.

The law in place demands that hospitals provide aid for patients with income up to 300 percent of the poverty level. Hospitals may pursue judgments and liens, but must first offer aid applications with assistance for completing them, and not seek payment while the application is pending.

Greater New York Hospital Association trade group executive David Rich acknowledges “there’s a law in place,” but defends the nobility of his group’s members, saying that “hospitals are providing a lot of charity care at a loss.”

New York Department of Health spokesman Michael Moran announced that a panel of patient advocates and hospital administrators is convening to improve application of the law. He stated that the department is in the middle of “a comprehensive data integrity project that will include the retention of an outside auditor.”


Stanford Shatters Higher Ed Fundraising Campaign Record

February 10th, 2012  |  Source: NPQ

 

Source: Chronicle of Higher Education | The Chronicle of Higher Education reports that Stanford University’s five-year fundraising campaign, which ended in December of 2011, brought in $6.2 billion.

According to the Council for Advancement and Support of Education, that is a record for higher education fundraising campaigns—breaking the previous record by $2.3 billion. Stanford’s original goal of $4.3 billion was left in the dust long ago.


Wikimedia’s Study Reveals Big Tip About Online Donors

February 8th, 2012  |  Source: NPQ

Source: Wikimedia Foundation Global Blog | We think you should each take a look at Wikimedia’s blog post about what it found out through its survey of why readers donate to the Wikimedia Foundation, the nonprofit that operates Wikipedia, and who they tend to be. If you will remember, Wikimedia’s most recent fundraising campaign raised $20 million from readers. 

Editing at Wikipedia is, of course, dependent on you and me, and our favorite takeaway is the fact that editors are much more likely to donate (26 percent did) than are regular readers (only 3 percent did). Additionally, while non-editors have donated three or fewer times, “as many as 21 percent of the editors have donated more than five times.”


Washington Post Chairman to Donate $45 Million in Facebook Windfall to Education

February 3rd, 2012  |  Source: NPQ

 

Source: The Atlantic Wire | With an estimated net worth of $500 million, Donald Graham, the chairman of the Washington Post Company, probably does not really need the $46 million windfall he got from the Facebook IPO filing yesterday.

So, Graham plans to keep his shares for now but says he will donate them to three education-related charities in the D.C. area when he leaves the Facebook board, which he has been on since 2008. He and Facebook founder Mark Zuckerberg are longtime friends. The 66-year-old Graham, by the way, has 4,888 friends on Facebook. 


The Nonprofit Sector’s “One Percent?” Large University Endowments

February 2nd, 2012  |  Source: NPQ

Source: Pensions and Investments | Big college endowments did quite well in fiscal year 2011, thank you very much. According to a new study of private and public university endowments (including those of university-related foundations) from the National Association of College and University Business Officers (NACUBO) and institutional investment firm Commonfund, the average endowment had a return on investment of 19.2 percent—compared to the previous year’s average of 11.9 percent.  Because only 823 universities participated in the FY2011 survey compared to around 850 in 2011, a matched analysis of the 799 that participated in both surveys showed an aggregate growth of assets of 18.1 percent.

Readers might recognize the names of the largest private nonprofit universities with hefty endowments that have grown substantially over the past year:

1

Harvard University

$31.7 billion (+15.1%)

2

Yale University

$19.4 billion (+16.3%)

3

Princeton University

$17.1 billion (+18.9%)

4

Stanford University

$16.5 billion (+19.1%)

5

Massachusetts Institute of Technology

$9.7 billion

(+16.8%)

6

Columbia University

$7.8 billion

(+19.5%)

7

Northwestern University

$7.2 billion

(+20.8%)

8

University of Pennsylvania

$6.6 billion

(+16.1%)

9

University of Chicago

$6.6 billion

(+18.6%)

10

University of Notre Dame

$6.3 billion

(+19.6%)


Customer Analytics: A New Lifeline for the Red Cross and Other Nonprofits?

February 1st, 2012  |  Source: K@W

 

When an epic disaster occurs somewhere in the world, images of devastation are conveyed instantly around the world through newspapers, television and the Internet. The result is an outpouring of aid, often in the form of donations to nonprofits like the American Red Cross. But once the dramatic images and headlines begin to fade, donors often disappear as well.

"The single biggest channel through which we can acquire new donors is in response to a disaster," says Tony DiPasquale, senior director of market intelligence for the Red Cross. "What we have long had difficulty doing is moving these donors from being disaster-response donors to ones who support [our organization's] core mission."

Solving that puzzle could be a boon for the Red Cross and nonprofits like it that need to find cost efficient ways to improve their fundraising. The answer may lie in the world of customer analytics, the collection and mining of data on individual consumer behavior that is already revolutionizing how for-profit businesses operate. Through a partnership with the Wharton Customer Analytics Initiative (WCAI), the Red Cross has linked up with six teams of researchers from around the country, including analytics experts from Baylor University, the University of Pittsburgh and the IBM Watson Research Center who will analyze data from the Red Cross database to develop tools for improving the organization's outreach efforts.

Read the full story here: http://knowledge.wharton.upenn.edu/article.cfm?articleid=2937


Etihad Airways and the NGO WAHA International, have teamed-up to transport disaster relief kits to Somalia.

January 30th, 2012  |  Source: Arabian Aerospace.

The relief kits, destined for two refugee camps and two hospitals in the Somali capital Mogadishu, contained 474 tents, 50 education boxes, and three tons of electrical material.

Currently, 3.7 million Somalis, or 50% of the population are facing acute food shortages and a lack of proper shelter and livelihoods.  Some 1.5 million people are classed as internally displaced persons (IDPs), with more than 400,000 living in Mogadishu and its environs.

Working closely with WAHA International, UAE Red Crescent and the Shelterbox France charity, Etihad Airways coordinated the consignments from various points in Europe through the airline’s Abu Dhabi hub.

David Kerr, Etihad Airways Vice President for Cargo said:  “Acting as a bridge between Europe and Africa, our team at Etihad Airways, both on the passenger and freighter side of operations, worked closely with WAHA International, UAE Red Crescent and Shelterbox France to ensure the safe arrival of these relief kits in the UAE, before their eventual shipment by WAHA International to Somalia.


Bill Moyers on How to Fight Citizens United

January 27th, 2012  |  Source: NPQ

 

Source: Truthout | In a video posted on Truthout, an independent nonprofit news site, Bill Moyers does a nice job of talking about how ordinary individuals can get involved in overturning the Supreme Court’s controversial Citizens Uniteddecision, which paved the way for unlimited campaign spending by corporations, unions and qualified nonprofit corporations. 

Moyers clearly explains the process for getting involved. “So look around for organizations you can join or contact for information,” he says. “There’s a national coalition already at work named Move to Amend…and a group leading the fight calledFreeSpeechforPeople.org. And see you here next time.”

Moyers’ calm presentation of people’s potential to make change is bolstered by his credibility as a thoughtful journalist and documentarian of our times. It is one of many videos you can access at BillMoyers.com.


Innovation: Nonprofit Launches an Alternative “Payday Loan” Shop

January 25th, 2012  |  Source: NPQ

Source: Kansas City Star | The Missouri Division of Finance estimates that 2.4 million “payday loans” with interest rates in the triple digits were issued in Missouri in 2010. But now there may be an alternative, at least for a tiny proportion of those seeking such loans.

In partnership with Central Bank of Kansas City, a nonprofit group calling itself Fair Community Credit has just made its first “payday loan” of an expected 500.

Fair Community Credit has been in development for three years. It will make loans of $300 to $2,500 on signature alone. The loans are not collateralized by the borrower; Fair Community Credit has a $200,000-plus loan guarantee pool donated by foundations and individual donors that it will be using over its first year of lending. Fair Community Credit’s interest rates will be in the mere double digits, whereas payday loans charge a heartrending 390 percent. There oughta be a law!

To be eligible for one of the Fair Community Credit loans, applicants must earn a minimum of $9,600 a year and be free of outstanding liens or judgments.


Two Degrees 2011 DOES GOOD Report

January 19th, 2012  |  Source: Two Degrees Food

It's been a remarkable year, from the sale of our first bar in January to the donation of our 250,000th meal to a hungry child in December.  Thank you for sharing our story, supporting our efforts, providing feedback along the way, and making this remarkable year possible! 

We hope our DOES GOOD Report gives you some information on why we give, what we give, how we give and where. 

As always, your feedback helps us learn and grow - and we welcome it.  Let us know what you think! 




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