VPP gives $5.5M for expansion of KIPP DC charter schools
EDUCATION | Venture Philanthropy Partners gives $5.5 million for expansion of KIPP DC charter schools (WaPo, 8/2) – “another sign of private money shaking up public education in the District”
PHILANTHROPY | New report: Foundation Giving Trends, 2010 (Foundation Center, 7/29) – “[F]unding for health captured the largest share of grant dollars” … “The median grant awarded by foundations for general operating support – $25,000 – was the lowest among all types of support awarded.”
AFFORDABLE HOUSING | In DC, activists want millions more to help tenants buy their buildings (WAMU, 8/2) – Housing Production Trust Fund. (Background)
LISTS! | The Nonprofit Times’ 2010 Power and Influence Top 50. Yes, top “X” lists sans objective criteria still bug me. Why am I such a nerd?
COMMUNITY DEVELOPMENT | “‘For a lot of [Community Development Financial Institutions], the ability to lend is dependent upon having that slice of grant support to fund the loan loss reserves,’ said Shari Berenbach, president and chief executive of Bethesda-based Calvert Foundation, a financial intermediary that funds such reserves.”
HEALTH | Big free clinic in DC this week (WaPo, 8/2)
TAXES | “[F]ederal taxes as a percentage of the economy are at their lowest level since the presidency of Harry Truman.” (Newsweek, 8/1) – Not news, but does bear repeating now and then.
GIVING | Charitable Giving in a Recession (Freakonomics, 7/30) – down 5% in 2009, per a new report.
NEWS NEWS | Breaking: Sidney Harman buys Newsweek (Politico, 8/2)
ROCK PAPER SCISSORS | Good to know!