Photo by: splorpA Schenectady, New York nonprofit has been honored for helping experienced workers transition into new careers.  Umbrella of the Capital District won the Encore Opportunity Award and was awarded at a ceremony in Washington D.C.  They were just one of eight organizations nationwide to be awarded this award.  The awards were bestowed by Civic Ventures and the MetLife Foundation.To read the entire article, please follow the hyperlink to the Times Union web-page.

Photo by: Tony the MisfitSeven venerable non-profits have formed an unusual way of fundraising in response to last years loss of support of the United Way.  These non-profits have formed a joint marketing campaign looking to raise lost funds.  They are working under the name GivePhilly and have a website were donors are able to contribute.  Their website is http://givephilly.org/.  The organizations that make up GivePhilly are the Boys and Girls Club of Philadelphia, The Cradle of Liberty Council of the Boy Scouts of America, The Salvation Army of Greater Philadelphia, Settlement Music School, Travelers Aid of Philadelphia, United Cerebral Palsy of Philadelphia and Vicinity, and the YMCA of Philadelphia.To read the entire article, please follow the hyperlink to the philly.com web-page.

Photo by:  epicharmus

The nonprofit Woodmen of the World, a financial services group has filed a lawsuit against U.S. Bank National Association for $29.7 million in investments it claims U.S. Bank lost.  Woodmen has accused U.S. bank of breach of contract, gross negligence, breach of fiduciary duty, fraudulent misrepresentation and fraudulent concealment.  It is alleged that a portion of Woodmen’s money was invested in high risk securities, which were not doing as well as U.S. Bank led them to believe.  According to the Associated Press, these high risk securities were mortgage-backed securities which have been at the center of our countries financial troubles.To read the rest of this article, please follow the hyperlink to the Avvo web-page.