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News Briefing: Gala Auction Feels a Chill From Wall Street’s Slump

By Kate Golden on May 30, 2008One Comment
  • Bill Cosby will be auctioning off some of his legendary patterned sweaters to benefit a charity established in memory of his late son.  [Reuters]
  • The tax-exempt status of nonprofit institutions is increasingly being challenged.  [New York Times]
  • The World Bank announces $1.2 billion in loans and financing to expand its assistance to poor countries struggling with the soaring price of food and fuel.  [Reuters]
  • The Robin Hood Foundation raises $56.6 million in one night; 21 percent less than last year.  [New York Times]
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