August 11, 2015 |
What if a philanthropy were run like a venture capital-funded start-up? Welcome to the GreenLight Fund. With seed money of about $12 million, GreenLight gives money to local organizations here, in Boston, and the San Francisco Bay Area. Local grantees then raise additional rounds of money - $32 million for social-impact work so far. How does GreenLight Fund work here? Venture capitalist John Simon and Margaret Hall cofounded GreenLight as "a way to do philanthropy using the approach a VC firm would take," Philadelphia executive director Matthew Joyce said.
July 18, 2015 |
The city's fiscal overseer, the Pennsylvania Intergovernmental Cooperation Authority, approved Mayor Nutter's final five-year spending plan Thursday, despite concerns raised by the city controller that Philadelphia's government could be facing significant deficits by 2017. The five-member PICA board followed the guidance of the agency's executive staff, which issued a 110-page report explaining why the plan should be approved. Among its points: Previous budgets have shown that the city's revenue projections are "realistic," and tax collection rates have been higher than expected.
September 8, 2014 |
WASHINGTON - Domonic Brown rewarded Phillies manager Ryne Sandberg for giving him a green light on a 3-0 count. Brown drilled Tanner Roark's fastball for a solo home run to right field in the sixth inning of Saturday's 3-1 win over Washington at Nationals Park. "He is one of the better players [at 3-0 counts]," Sandberg said. ". . . He enjoys the green light, and it takes the thought process out of it, and he has had some success in that situation. " In his career, Brown has faced a 3-0 count 41 times.
June 7, 2014 |
ALLENTOWN - Walking to the plate in the top of the seventh inning, Lansdale Catholic's Ashley Seal wasn't sure what to do. Should she bunt to advance the runners, or swing away and hope to knock in one of her teammates? Crusaders coach Paul Suder knew what he wanted to do. With runners on first and second, none out, and his team down by a run in the PIAA Class AAA softball quarterfinals, he wasn't going to have his team go for the tie, he said. They were going to go for the win, and his sophomore pitcher, Seal, had the green light to swing.
January 30, 2014 |
SCORERS dream of basking in its glow. Its power is great but proves elusive for most because only the trustworthy are granted control. Abraham Lincoln senior guard Raymond Fred said he was deemed worthy yesterday and used it to score 30 points in the Railsplitters' 78-73 takedown of visiting Northeast High. "It was out of hand, to be honest," Fred said, laughing. "In the second half, coach just gave me the green light, so I tried to make things happen. " Fred finished 11-for-16 from the field with two assists and two steals.
January 17, 2014 |
The surgeon who operated on Nerlens Noel's left knee says the 76ers rookie should be ready to play in a game in four to six weeks. The Sixers say Noel's return isn't that simple, and it will be on their terms. Orthopedic surgeon James Andrews told ESPN.com on Wednesday that Noel was "doing excellent, and that team is taking good care of him. " A source close to the situation added that "his knee is fine. He just needs to get in basketball shape. " Noel had surgery after he tore the anterior cruciate ligament in his left knee in February during his lone season at Kentucky.
December 6, 2013
IS COUNCILMAN Bill Green a good candidate to run the School Reform Commission? Green appears to be on the short list for Gov. Corbett's pick to fill the vacancy left by the departure of Pedro Ramos. (Others include former Pennsylvania Convention Center chief Al Mezzaroba and Farah Jimenez, of the People's Emergency Center.) Green has many ideas about education, having issued two policy papers in the past few years on the subject, calling for, among other things, vouchers, more charters and a radical reorganization of the school system.
October 12, 2013 |
BALTIMORE - With one condition, the Maryland Lottery and Gaming Control Commission on Thursday gave the parent company of Parx Casino in Bensalem a green light to continue its bid to build an $800 million casino south of Washington. The condition is that Greenwood Racing's chairman, Robert W. Green, end his friendship with the penny-stock swindler Robert E. Brennan, who served more than nine years in federal prison for bankruptcy fraud and obstruction of justice. Green and Brennan got to know each other in the late 1980s when Green formed a company to buy PhiladelphiaPark racetrack - now home to Parx - from Brennan's International Thoroughbred Breeders Inc. for $67 million.
September 18, 2013 |
ABINGTON Those controversial red-light cameras, already in use in Philadelphia, New Jersey, and elsewhere in the country, could soon make their first appearance in the Pennsylvania suburbs. The Abington Township Board of Commissioners voted, 14-1, last week to approve the installation of the cameras, designed to catch drivers who run red lights. The township is waiting for the approval of the Pennsylvania Department of Transportation, which will review current traffic-control measures at three busy intersections this week.
March 15, 2013 |
IT'S THAT time of year again. Time for green-shirted, green-socked, green-capped, green-beaded, green-tatted, green-haired and even green-bearded gaggles to ride yellow school buses and drink yellow beer in celebration of an ancient Irish saint who, it's safe to say, never chugged a Miller Lite. This particular traveling troupe of Philadelphia-based St. Patrick's Day partyers, who favor getting smashed well before the actual holy day March 17, are participants in the city's biggest bar crawls.