Newsbits – Court says donor is entitled to return of restricted gift

Description

Abstract: In this issue, “Newsbits” discusses a court case that resulted in a nonprofit being forced to return a restricted gift that it had used for another purpose. We look at how the concept of kaizen, or continuous improvement, has been applied to the operations of a food bank. And we note a study showing that asset, gift and grant amounts for community foundations have reached new heights.