“Nonprofits uneasy about turmoil’s effect on endowments” [News, 10/2]


ECONOMY & SOCIAL PROFIT SECTOR
Nonprofits Uneasy About Turmoil’s Effect on Endowments (WaPo, 10/2) – Community Foundation endowment “lost about $40 million during the three-month period that ended Tuesday.” Kenny Emson: It’s been a pretty shocking quarter.”
Collapse of Freddie, Fannie hits home (Fairfax Times, 10/1) – Reston Interfaith’s Kerri Wilson: “I just hope Congress considers [nonprofits] when the the ultimate model for Fannie and Freddie is designed… [W]e shouldn’t eliminate critical safety nets when people need them most.”

PHILANTHROPY
– I did not know that Paul Newman founded the Committee Encouraging Corporate Philanthropy. (WSJ, 10/2)
An update on the House and Senate Philanthropy Caucuses (NonProfitTimes, 10/1)

EDUCATION
Low-earning dropouts hurt economy (Examiner, 10/1) – “annual lost wages in D.C., Maryland and Virginia could amount to nearly $14 billion.” Report: “Dropouts, Diplomas, and Dollars” (pdf.  – Alliance for Excellent Education)
Absences in Early Grades Tied to Learning Lags (EdWeek, 10/1) – Report: “Present, Engaged, and Accounted For” (National Center for Children in Poverty)

DC SCHOOLS
Teachers Institute Contract Work Might Be Illegal, Audit Finds (WaPo, 10/2)

ENVIROMENT
N.Va. to receive more than $100 million in funds to improve Chesapeake Bay (Examiner, 10/2)