General Cable paying $82.3 million to settle accounting and bribery violations

Michael Cohn | December 29, 2016

General Cable paying $82.3 million to settle accounting and bribery violations
General Cable’s overseas subsidiaries made improper payments to officials from foreign governments for 12 years to get business in Angola, Bangladesh, China, Egypt, Indonesia and Thailand, according to the SEC. The Highland Heights, Ky.-based company’s weak internal controls also failed to detect improper inventory accounting at its Brazilian subsidiary, leading GCC to materially misstate its financial statements from 2008 until the second quarter of 2012.

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Women make up the majority of all Nonprofits staff positions. How would large Nonprofits succeed with more
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YCF donates more than $40,000 to 19 non-profits that are facing greater demands during COVID-19 outbreak

The Your Community Foundation of North Central West Virginia | April 20, 2020

The Your Community Foundation of North Central West Virginia (YCF) has awarded more than $40,000 in grant money to 19 non-profits that are having greater demands during the COVID-19 outbreak. Patty Showers Ryan, YCF’s president, said the money was donated by community members, businesses and corporations alike who see the demand in the community and wanted to do their part to help. Ryan explained that all of the donations go to the agencies and that the awarding of grants will not be a one time deal. “We have a cycle set up that we’re going to make grant awards every other week for as long as this emergency continues and I suspect — we’re seeing a lot of need fo...

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Kroger donates over $40,000 to W.Va. food banks

Kroger | April 19, 2020

Last week, Kroger Mid-Atlantic donated $41,000 in product and cash donations to two prominent West Virginia food banks — Mountaineer Food Bank in Gassaway and Facing Hunger Foodbank in Huntington. Mountaineer Food Bank received a $10,000 cash donation and nine pallets of peanut butter, consisting of 10,300 individual jars and valued at nearly $11,000. Facing Hunger Foodbank received a $20,000 donation, which will be used to aid its senior feeding program. The donations come during a time of extraordinary demand across the state as a result of situations arising from the COVID-19 pandemic. “We’re inspired by the work of Mountaineer Food Bank and Facing Hunger Foodbank, and w...

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Shiner Brewer Donates $500,000 to Nonprofit Texas Restaurant Relief Fund

Spoetzl Brewery | April 16, 2020

Spoetzl Brewery, the brewer of Texas' own Shiner Bock, is donating $500,000 to a relief fund aimed at helping the state's restaurants and their employees. According to the brewery, the donation to the Texas Restaurant Association is meant to provide financial relief to Texas' independent restaurateurs with funds designed to safeguard employee jobs. The Texas Restaurant Relief Fund initiative was established by the Texas Restaurant Association Education Foundation, the nonprofit workforce development arm of the Texas Restaurant Association....

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First Internet Bank Commits $250,000 for COVID-19 Relief

First Internet Bank | April 15, 2020

First Internet Bank announced today a commitment of $250,000 to help address the immediate economic challenges of COVID-19. Through a dollar-for-dollar match with IMPACT Central Indiana (IMPACT), funds will be rapidly deployed through the Indy Chamber's Business Ownership Initiative (BOI) to help small businesses, funds and nonprofits in Marion and Hamilton Counties weather the short-term health crisis and promote continued long-term economic growth....

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Women make up the majority of all Nonprofits staff positions. How would large Nonprofits succeed with more
women on the board of directors?

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