Minn. charities look to benefits of solar to help veterans | Minn. charities look to benefits of solar to help veterans | Philanthropist says he'll pay Morehouse College 2019 grads' loan debts
May 20, 2019
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Minn. charities look to benefits of solar to help veterans
Minn. charities look to benefits of solar to help veterans
Minnesota-based nonprofit Ecolibrium3 is experimenting with a new community solar project by establishing the Lincoln Park Solar Garden and will sell the power to help a veterans housing project and establish a fund for individuals facing power disconnections. Other nonprofits in the area are also looking at ways to use solar power to help communities, including the Rural Renewable Energy Alliance and Cooperative Energy Futures.
Energy News Network (5/14) 
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Philanthropist says he'll pay Morehouse College 2019 grads' loan debts
Philanthropist and investor Robert Smith surprised Morehouse College graduates during his commencement speech on Sunday by announcing he will pay off all the student loans for the class of 2019. The gift is worth an estimated $40 million, and Smith urged the graduates to "pay it forward" and possibly reciprocate for future graduates.
CBS News (5/20) 
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Wellcome Trust starts $101.9M funding program for snakebite research
UK research charity the Wellcome Trust has created a $101.9 million program to support research into the development of anti-venoms for snakebites as well as improvements to current therapies. The fund was created to address a crisis in poor countries, where the World Health Organization estimates snakebites kill up to 138,000 people per year.
Nature (free content) (5/16) 
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Boards in Action
Va. tolling agency donates tolls from one day's earnings
Virginia's Dulles Greenway donated all of the tolls collected on May 16 to local charities and scholarships for 16 high school students. The organization raised $326,000 from tolls on roughly 64,000 vehicles.
WDVM-TV (Hagerstown, Md.) (5/17) 
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Strategic Leadership
Student involvement among departing board chair's priorities
George Carbonell had several priorities throughout six years as chair of the George Washington University Board of Trustees, including increasing the involvement of students on the board and a collaborative form of governance. Carbonell emphasized a trustee recruitment process that balanced candidates' philanthropic potential with their ability to contribute to strategic planning.
The GW Hatchet (George Washington University) (5/20) 
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Sector Analysis and Impact
New Century Trust's first full-time executive director looks ahead
Farrah Parkes, who will begin serving the New Century Trust as its first full-time executive director next month, says she is excited to see her commitment to gender justice and her nonprofit skills converge. "[F]orming collaborations and finding new ways to partner with and support the people and organizations working on gender equity issues -- particularly at this time in our nation's history -- is something I'm really excited about," says Parkes.
Generocity (5/20) 
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Nonprofit Leaders in the News
Mo. entrepreneur seeks funding to expand nonprofit
Cory Crosby, founder of the nonprofit Innovated Dreamz, is seeking an additional $100,000 to open an incubator and provide more opportunities for minority entrepreneurs. Crosby hopes to open the incubator as early as October so he can provide much-needed capital and loans to underserved individuals.
The Associated Press (5/19) 
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BoardSource News and Notes
It's not too late to complete the Leading with Intent survey
It's not too late to complete the Leading with Intent survey
"Leading with Intent" is the preeminent study on nonprofit board practices. We want to hear from all nonprofit chief executives and board chairs. All participants will receive a free BoardSource publication as a thank you, but be sure to take the survey before the June 7 deadline! Take it now.
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Executive sessions: Why, who, what and how
BoardSource recommends that every board have regularly scheduled executive sessions. Download this resource to learn why they are important, who should attend, what might be discussed and how to keep them effective.
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