Nonprofit news roundup for June 24, 2008
Gates leaving Microsoft for foundation
As Bill Gates prepares leave Microsoft June 27 in order to devote more time to his philanthropy, he faces the challenge of reining in the "startup-style" tumult at his foundation caused by the sudden influx of Warren Buffett’s money and a ballooning staff struggling to keep pace, MSNBC reported June 23 (see Gates Foundation story). Yet critics say the Bill and Melinda Gates Foundation, currently overseen by three trustees, must decentralize in order to "earn the mantle of global leadership" for a foundation whose combined assets one day will exceed the budgets of 70 percent of all countries.
Survey suggests religious tolerance in U.S.Though most Americans say religion is important to them, nearly three-quarters say they believe many faiths besides their own can lead to salvation, according to the Pew Forum on Religion and Public life (see Pew religious tolerance story). The findings appear to undercut conventional wisdom that people who are more committed to religion are less tolerant of other faiths.
Nursing-home system challenged The Robert Wood Johnson Foundation is considering throwing its considerable weight behind a 48 year-old physician’s vision of smaller, homelike care facilities for the elderly, The Wall Street Journal reported June 24 (see nursing home story). The eight-year-old "Green Houses" movement aims to replace large nursing homes and currently has 41 facilities in 10 states, but with additional foundation support, founder Bill Thomas hopes to open Green House locations in all 50 states.
Resources for
Startup Business Loans
