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News Briefing: Short on Fund-Raising, Red Cross Will Cut Jobs

By Kate Golden on January 16, 2008No Comment
  • The American Red Cross is preparing to cut as much as one-third of its headquarters staff.  [New York Times]
  • Tighter record-keeping requirements for small cash contributions make tax deductions more complicated in 2007.  [Associated Press]
  • Leaders of Oral Roberts University vote to accept a $62 million donation that will help alleviate debt at the scandal-plagued Tulsa school.  [Associated Press]
  • Jane and Marc Nathanson give $10 million to the Broad Contemporary Art Museum.  [Los Angeles Times]
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