Associated Press/Photo by John Bazemore

Food for thought

Charity | Angel Food Ministries finds itself at the center of lawsuits
by Rusty Leonard
Posted 4/11/09, 12:00 am

It has all the elements 
of a Shakespearean drama: power, money, religion, and sex. But is it The Tempest, or Much Ado About Nothing?

The answer to that question depends upon whom you ask.

At the center of the controversy is Angel Food Ministries. Founded in 1994, the Monroe, Ga., organization feeds poor families. But even though it calls itself a ministry, part of the controversy is whether it is really a very profitable business.

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Lending a hand

Charity | Can microfinancing move beyond the charitable world?
by Rusty Leonard
Posted 3/28/09, 12:00 am

Microcredit is not a new idea. The practice of making small loans for entrepreneurial activities has been around at least since the 19th century. But the idea has taken off in recent years. In 1983, Bangladesh's Grameen Bank was founded explicitly to make microloans. The success of the bank spawned literally thousands of imitators and earned Grameen and its founder, Vanderbilt-educated Muhammad Yunus, the 2006 Nobel Peace Prize.

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Scott Strazzante/Genesis Photos

Fearing not

Charity | Giving away your money is key to true financial freedom
by Warren Cole Smith
Posted 3/14/09, 12:00 am

Financial advisors are in the business of helping their clients make money. When they are successful, they stand to make a lot of money themselves.

And by almost any measure financial advisor Tim Mohns was successful. His practice was growing rapidly, his clients were making money, and two years ago the then 39-year-old was making more than a quarter of a million dollars a year.

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