Word: nonprofits
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...number of uninsured Americans rapidly grows, this so-called hidden tax could be much higher than the findings suggest. In December and January alone, as many as 14,000 people per day lost their insurance coverage, the CAP study shows. A second report, released earlier this month by the nonprofit Families USA, found that about 87 million people - roughly 1 in 3 Americans - went without health insurance for some period between 2007 and 2008. "The huge number of people without health coverage is worse than an epidemic," says Ron Pollack, executive director of Families USA. "Almost everyone in the country...
...Good. Get a Reward. Kimpton Hotels' new Lorien Hotel & Spa in Alexandria, Va., is celebrating its opening partnering with Dress for Success, a nonprofit dedicated to helping women transition from welfare to work by providing interview suits and office attire. Guests who donate gently used accessories will receive a 10% discount off their stay, and 10% off massages and facials at the spa. Special opening rates start at $139; after April 30, rates start at $269. The Dress for Success discount is given at check-in. 1600 King Street, Alexandria...
...Programs like Shakti, which successfully mix philanthropy with the bottom line, may show the way forward for companies trying to preserve their CSR programs in the rocky economic climate. Although companies are loath to admit that they are cutting their spending on social programs, nonprofit organizations tell TIME that since the recession hit, several have canceled commitments to help fund projects. "We have had three or four partners pull out since October or November, after we had every expectation of the money," says the head of a small organization in London that runs youth programs in eight countries, mostly...
...valuable as handing over cash. Indeed, the charity world puts a cash value on volunteers' time--$19.51 an hour, estimates Independent Sector, a think tank for charities. But food banks still need supplies to distribute, and volunteers' shift toward time, not money, is only part of what threatens nonprofit budgets for years to come. Traditional bastions of financial support have plenty of their own problems. Corporations and foundation endowments have been crushed by the stock market. State governments, a key source of fee-based support, are seeing slumping tax revenues. On top of all that, Obama has proposed to reduce...
...wife, Seattle-based freelance journalist Sally Deneen, has been working with several P-I reporters to develop the Seattle Post Globe, a site, she says, that will be devoted to keeping alive what she calls the scrappy, underdog spirit of the paper, either as a cooperative or a nonprofit. Says Deneen: "It just seems, to some of us, at least, that ad-based journalism is sending journalism down the wrong road." Also trying to move into the space created by the demise of the P-I is SeattleCourant.com, launched by University of Washington journalism student Keith Vance. "My guiding principle...