Andy Markowitz

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Posts by Andy Markowitz

Mayo Clinic Beats Time and Money Targets in First Major Campaign

Minnesota’s Mayo Clinic on Tuesday reported collecting $1.35-billion in its first sustained philanthropy campaign for operating costs, the Star Tribune reports.

The famed medical center started the campaign in 2005 with a goal of raising $1.25-billion in seven years. While Mayo had previously sought donations from benefactors and former patients for new buildings, the current campaign was its first aimed at raising money for care, research, and education programs.

McDonald’s Files Claim Over ‘McFest’ Charity Event

McDonald’s has filed a trademark-infringement claim against a Chicago-area teenager who coordinates a Special Olympics fund-raiser called “McFest,” reports the Chicago Sun-Times.

Lauren McCluskey, 19, said she named the annual charity concert by high-school and college bands as a play on her own surname. The fast-food chain, which holds trademarks on a variety of “Mc”-related terms, challenged Ms. McCluskey’s attempt to register “McFest” with the U.S. Patent and Trademark Office.

Ms. McCluskey, who said she has paid $5,000 in legal costs so far, has until February 5 to file a response to the McDonald’s challenge, with a trial set for December. A company spokeswoman said McDonald’s does not want to shut down the event and has offered to pay costs associated with renaming it.

Clinton Philanthropy Summit Emerges as Top Stop for CEO’s

The Clinton Global Initiative has become the most popular gathering for top corporate leaders, Reuters reports.

According to a study by the public-relations firm Weber Shandwick, the former President Bill Clinton’s September gathering in New York has displaced the World Economic Forum, the latest edition of which opens Wednesday, in Davos, Switzerland, as the main event on CEO calendars.

Mr. Clinton’s celebrity status, his ties to the current U.S. administration, and the summit’s focus on philanthropy are in part responsible for its popularity, said Barbara Kellerman, a professor at Harvard’s Kennedy School.

Software Provider for Charities Renews Bid to Go Public

A company that provides fund-raising software and services to some of the country’s biggest charities is trying for the second time to fill its own coffers with an initial public offering, reports the Associated Press.

Convio, in Austin, Tex., expects to raise about $57.5-million in the share sale, according to its filing Monday with the Securities and Exchange Commission. The firm attempted to go public in 2007, filing for an initial public offering worth up to $86.3-million, but it withdrew the registration the following year.

The company’s client list includes the American Cancer Society, the American Red Cross, Planned Parenthood, and the World Wildlife Fund. Convio lost $2.1-million last year, down from $3.7-million in 2008.

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Budget-Strapped Muscular Dystrophy Association Cuts Wheelchair Aid

Buffeted by shrinking donations and investment losses, the Muscular Dystrophy Association has eliminated its program to help people with the disease buy wheelchairs, according to The Atlanta Journal-Constitution.

The $6-million-a-year program provided grants of up to $2,000 for wheelchairs. The charity, best known for its annual Labor Day telethon hosted by the entertainer Jerry Lewis, said the sour economy forced it to make the cuts. It has also laid off staff members and trimmed research grants and aid to its 200 U.S. clinics.

An association spokesperson blamed the cuts on the weak economy, which has driven down contributions and hit the charity’s investments. The organization, which maintains headquarters in Tucson, Ariz., ran a $42-million deficit in 2008, according to tax records.

Lean Times Change Grant Focus for Many Foundations

With less money to spend amid the economic downturn, many philanthropic foundations are shifting to a more strategic giving strategy, focusing on fewer goals with larger grants, Crain’s Chicago Business reports.

More than three-quarters of respondents to a Foundation Center survey said they expect philanthropy to become more strategic as overall giving declines, with grant makers outlining a set of clear goals and supporting mainly larger organizations with administrations capable of tracking and reporting results.

In the Arts: Downtown Los Angeles Enters Running for Broad Museum

Los Angeles city and county officials have authorized negotiations aimed at incorporating the billionaire philanthropist Eli Broad’s planned art museum into a downtown revitalization effort, reports the Los Angeles Times.

In other arts news, Laughlin (Loc) Phillips, the former Central Intelligence Agency official who took the lead role in reviving his family’s Washington art museum, died January 24 at age 85, The Washington Post reports. The cause was complications from prostate cancer.

Mr. Phillips served 35 years as board chairman and 12 years as executive director of the Phillips Collection, founded by his father in 1921 and widely considered the first U.S. museum devoted to modern art. His administrative acumen is widely credited for transforming the Phillips from what he called “an idiosyncratic, underfunded family-run museum” into a respected and financially stable professional institution.

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Nonprofit Texas Tribune Exceeds Fund-Raising Target

The Texas Tribune, a nonprofit news organization, raised nearly $4-million last year, exceeding its goal by almost a half-million dollars, Editor & Publisher reports.

In a note to readers Monday, John Thornton, the venture capitalist who founded the Tribune last year, said the online news service started with 68 corporate sponsors, most of whom committed $2,500 each, and 1,500 individual donors. It is also earning income from selling content to other publications and has “ambitious goals” to expand paid subscriptions, he wrote.

Also on Monday, a nonprofit journalism site in Connecticut debuted with $1.8-million in foundation money, according to Poynter Online. Jim Cutie, the former New York Times executive who serves as the Connecticut Mirror’s chief operating officer, said the news and politics site has sufficient start-up money to operate for three years while seeking a sustainable business model.

Haiti Roundup: Donation Downpour Slowing

Two weeks after the Haiti earthquake, the outpouring of disaster-relief donations is slowing down, a trend that could have a major impact on long-term prospects for reconstruction on the devastated island, CNN Money reports.

A Canadian charity that has served disabled Haitian children since 1987 was wiped out in the earthquake, reports The Globe and Mail.

The two buildings in which Pazapa operated in the town of Jacmel, about 50 miles from Port-au-Prince, crumbled in the magnitude 7.0 tremor. Staff members and clients escaped unharmed. Marika MacRae, executive director of Pazapa, said the organization has no place in Haiti to try to rebuild its programs but that she is returning to Canada to begin fund raising for new facilities.

Haiti Roundup: Celebrity’s Charity Revamps Financial Oversight, and Aid Groups Complain About Delivery Routes

Wyclef Jean’s Yele Haiti Foundation announced Friday that it has hired new accountants and will revamp its spending practices, reports The Washington Post. The group, among the biggest fund-raisers in the immediate aftermath of the quake, has come under fire over its administrative spending and payments to businesses controlled by Mr. Jean.

Humanitarian organizations are getting more vocal in their complaints about landing priorities at Port-au-Prince’s damaged airport, which is under U.S. Air Force control, reports The New York Times. The global medical charity Doctors Without Borders said last week that eight of its planes were diverted.

Playing a central role in the Haiti Relief Effort is Partners in Health, a 25-year-old group, says The Boston Globe. The charity raised $25-million in the first week after the earthquake and has seen its e-mail list grow more than five times, to 160,000.

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