Report: Nonprofits need overhead money (Examiner, 3/12)
“Some foundations have taken steps to correct the problem. The Washington-based Bank of America Foundation [WG member] devotes $20 million annually to its neighborhood excellence initiative, which allots unrestricted funding to nonprofits.”
“Foundation trend: Less is more” (Examiner, 3/12)
Article on small foundations features the Community Foundation for the National Capital Region [WG member].
Trend: A broader focus on reducing poverty (Chronicle on Philanthropy, 3/8)
[VA] Grads helping kids apply to college (C’ville Weekly, 3/13)
Virginia’s College Guides program places recent UVa grads at high-schools in the state with low college attendance rates. The Jack Kent Cooke Foundation [WG member] is now expanding the program.
[DC] “School Repairs Caught Up in Contracts Dispute” (WaPo, 3/13)
The council and school board square off over $1 billion in contracts.
[DC] Charter school may join school system (WaPo, 3/13)
This would be a first for D.C. “Hospitality High” provides training for hotel and restaurant careers. It has a 100 percent graduation rate and 80 percent of seniors go to college.