Thompson Child & Family Focus merging with York Place
Thompson Child & Family Focus in Charlotte is set to merge with York Place in York, S.C., with the CEO of York Place tapped to succeed the retiring president of the merged agency.
The boards of trustees of the two agencies have signed a memorandum of understanding that calls for the merger to be completed in 60 days. Informal merger talks began last summer.
Marco Tomat, CEO of York Place, will succeed Ginny Amendum, who is retiring as president of Thompson.
The combined agency will operate as Thompson Child & Family Focus, with York Place serving as the agency’s South Carolina regional office for programming and operating as York Place, a division of Thompson.
York Place was established in 1850 as an orphanage of the Episcopal Diocese of South Carolina, while Thompson was established in 1886 as an orphanage of the Episcopal Diocese of North Carolina.
Thompson, which has over 300 employees and operates with an annual budget of $17.7 million, served over 12,000 children and families across North Carolina last year from its three campuses specializing in clinical and behavioral treatment, developmental education, and proactive care.
York Place, which has 70 employees, operates with an annual budget of $5.2 million and is located on a 120-acre campus, served 300 children and families last year, focusing on healing young people with emotional and behavioral barriers, improving outcomes in residential care, and helping families succeed.
The agencies say they have complementary services in different markets, anticipate no layoffs and expect the number of children and families they serve to grow.
Blackbaud earnings fall in fourth quarter, year
Blackbaud, the Charleston, S.C., provider of software and services for nonprofits, reported declines in net income for the fourth quarter and year ended Dec. 31, 2012.
Net income in the fourth quarter fell to $3.3 million, or 7 cents a share, on total revenue of $120.1 million, down from $6.4 million, or 14 cents a share, on total revenue of $95 million in the same period a year earlier.
Net income for the year fell to $6.6 million, or 15 cents a share, on total revenue of $447.4 million, down from $33.2 million, or 75 cents a share, on total revenue of $370.9 million a year earlier.
Blackbaud’s board approved a first-quarter 2013 dividend of 12 cents a share payable on March 15, 2013, to stockholders of record on Feb. 28, 2013.
In January, Blackbaud announced Marc Chardon, after a seven-year tenure, will step down as president and CEO at the end of 2013, or earlier if a successor is named.
Fidelity Charitable posts record-high grants, contributions
Fidelity Charitable says outgoing grants grew for the third straight year in 2012, while incoming contributions grew for the fourth straight year, marking a record-high year for both measures.
Boston-based Fidelity Charitable, a public charity with a donor advised fund program, says donors in 2012 recommended over 428,000 grants totaling $1.6 billion and contributed $3.6 billion to Fidelity Charitable for their charitable accounts, with both dollar figures representing a 24 percent increase compared to 2011.
The number of new charitable accounts opened grew 32 percent.
In the fourth quarter, donors recommended over 172,000 grants totaling $657 million, or 66 percent of the annual total, compared to 60 percent that the fourth quarter typically attracts.
Schwab Charitable reports record-high new accounts, contributions
Schwab Charitable, a national donor advised fund organization, says charitable contributions and new accounts reached record-high levels during the 2012 giving season.
In the first half of the fiscal year that began July 1, 2012, contributions totaled $1.57 billion, up from $502 million in the same period a year earlier, while the number of new accounts totaled 2,315, up from 1,080 in the same period a year earlier.
Gift creates endowed chair in women’s philanthropy
The Indiana University School of Philanthropy will establish the Eileen Lamb O’Gara Chair in Women’s Philanthropy with an endowment gift from Maureen Hackett, chair of the School’s board of visitors, and her husband, Jim Hackett. The chair, the first endowed chair in the U.S. in women’s philanthropy, will focus on the role of women in giving, volunteering and leadership of philanthropic organizations.
Website focuses on nonprofit finance
The Wallace Foundation, a national philanthropy that supports education and enrichment for disadvantaged children, and Fiscal Management Associates, a national consulting firm building nonprofit fiscal strength, have launched strongnonprofits.org, a website featuring over 64 resources for people involved in nonprofit financial planning, monitoring, operations and oversight, particularly nonprofit after-school program providers.
Methodist University wins Ethics Bowl
Students from Methodist University in Fayetteville won 1st place at the 2nd Annual Ethics Bowl presented by North Carolina Independent Colleges and Universities and hosted by the Campbell University School of Law in Raleigh. Students from Wake Forest University in Winston-Salem won 2nd place at the competition, which was held February 8-9, focused on the theme of ethics in communications, and featured students from 18 of the state’s 36 nonprofit, private liberal arts, research and comprehensive colleges and universities. The winning team included Rica McDonald, Brian Weir, Jasmina Gobeljic, Kevin Zhang, David Meigs, and Derek Smith.
Forsyth United Way meets campaign goal
United Way of Forsyth County met the goal for its 2012 annual fund campaign, raising $17,325,000. Chairing the campaign was Leslie Hayes, vice president and regional president for Wells Fargo.
Eleven organizations received “Spirit of North Carolina” awards from United Way of North Carolina for campaign excellence, including Adele Knits/Twin City Warehouses/COR 365; B/E Aerospace; BB&T; First Tennessee Bank; Hanesbrands; Inmar; Pepsico; Reynolds American; RockTenn Merchandising Displays; US Airways; and Wake Forest University.
United Way honors Triangle companies
Seven Triangle companies received “Spirit of North Carolina” awards from United Way of North Carolina, recognizing companies and their employees that show United Way campaign excellence and community commitment, including Syngenta; The Redwoods Group; Durham Convention and Visitors Bureau; Rex Healthcare; Weatherby Healthcare; RTI International; and Nordstrom Rack Renaissance Center
John Avery Boys and Girls Club
Solomon Aronson, professor of anesthesiology and executive vice chairman of the department of anesthesiology at Duke University Medical Center, has joined the board of the John Avery Boys and Girls Club in Durham.
Alamance Regional Medical Center
Alamance Regional Medical Center in Burlington donated heart rate monitors and pedometers to the seven middle schools in the Alamance-Burlington School System to help educate students about the importance of physical activity and cardiovascular exercise. The hospital also recently provided 22 automated external defibrillators to help meet safety requirements at the schools.
RunRaleigh Relay to Wilmington
To help promote the Inaugural Wilmington Race for the Cure on March 2 to benefit the North Carolina Triangle to the Coast affiliate of Susan G. Komen for the Cure, four teams of runners will participate in the RunRaleigh Relay to Wilmington on February 28, running 132 miles from Raleigh to Wilmington.
Relay for Life
The American Cancer Society will present its Greensboro Relay For Life event at Page High School from 7 p.m. on May 17 through 7 a.m. on May 18.
Polar Plunge for Special Olympics North Carolina
Davenport, Marvin, Joyce & Co. plans for the 13th straight year to participate on February 23 in the Polar Plunge for Special Olympics North Carolina, organized by the Guilford County Sheriff’s Department. In 2012, Guilford County’s Polar Plunge raised over $40,000.
Duke getting $5 million
Former Duke University trustee Roy Bostock and his wife, Merilee, both Duke graduates, will give $5 million to the school’s athletics department.