Iowa casinos contribute to multi-million dollar county endowment funds created to help small town residents reinvest in their communities
As the worst recession since World War II drags on, officials across the country are considering just about anything in hopes of shoring up sagging budgets. Nowhere is the problem more acute than in California where state coffers are $26.3 billion in the red. But the Golden State isnt alone. In Iowa, the states Racing and Gaming Commission considered proposals this week from five largely rural counties that say casinos could give their struggling economies a much needed boost. Whether rural casinos will work may depend on several factors, and could influence whether the commission approves licenses for five more casinos in a state that already is home to 17. Officials withheld comment on the latest proposals, but did cite 1.4 billion in annual revenue from the states currently licensed operations as proof of their success.
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What can LMU students do to help the homeless? Do the ends justify the means? And get ready to learn the shocking truth as John Thomas Landen goes undercover to find out what it’s like to be homeless.
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A groundbreaking new study released this by the Greenlining Institute points to a troubling trend in foundation grantmaking: only 3.6% of grant dollars from the nation’s top 24 private foundations went to minority-led organizations. The study, titled Investing in a Diverse Democracy: Foundation Giving to Minority-Led Nonprofits, analyzes grantmaking of the nation’s largest private foundations and California’s largest private and community foundations. It finds a tremendous disparity in …
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