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News Briefing: Benefit Honorees are in Short Supply

By Kate Golden on May 4, 2009No Comment
  • With banks, real estate firms, hedge funds, and law firms struggling for economic survival, black-tie charity events also struggle.  [New York Times]
  • The Ford Foundation plans to pump $50 million into a new nonprofit venture that will help cities buy foreclosed homes from financial institutions.  [Wall Street Journal]
  • Battles between dead donors and nonprofits are increasing as the economy worsens.  [New York Times]
  • Seventeen states, including Nevada, Texas, and Washington, have allowed community colleges to award associate's and bachelor's degrees.  [New York Times]
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