Tuesday, October 25, 2011

What's new in Philanthropy

Articles of interest in philanthropy and nonprofits published in the last 10 days:

1. Facebook teams up with Department of Labor, nonprofit groups to launch social jobs partnership; Scribbal, October 20, 2011
Brief Introduction: Facebook has teamed up with the U.S. Department of Labor, the National Association of Colleges and Employers (NACE), DirectEmployers Association (DE) and the National Association of State Workforce Agencies (NASWA) to create the Social Jobs Partnership. The main aim of the initiative is to get unemployed Americans back to work by harnessing the power of social networks.

2. GlaxoSmithKline , Bill Gates -backed vaccine cuts Malaria infections by half; Forbes.com, October 18,2011
Brief Introduction: A vaccine invented at drug giant GlaxoSmithKline and funded in part by the Bill & Melinda Gates Foundation cut the rate of malaria infection in small children roughly in half, providing real hope of cutting the toll from a mosquito-borne disease that infects 250 million people a year and kills 800,000 children annually in sub-Saharan Africa.

3. Nonprofits bear burden of Illinois' unpaid bills; Bloomberg Businessweek, October 17, 2011
Brief Introduction: Illinois ranks first nationwide when it comes to nonprofit groups reporting late payments from the government, according to a survey last year by the nonpartisan Urban Institute. More than 80 percent of Illinois groups say their money doesn't come on time.

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