Financial Advisers Are Betting Tax Break on IRA Gifts to Return
The tax break on charitable donations from individual retirement accountants expired at the end of 2013, but some financial advisers are factoring it into 2014 fiscal planning in anticipation of Congress re-authorizing the deduction, as it has in years past, The Wall Street Journal writes.
Ohio Comm. College Gets $67-Million Siemens Software Gift
The electronics giant is donating $66.8-million worth of engineering software to Cincinnati State Technical and Community College to help steer students into manufacturing careers, Cincinnati Business Courier reports.
National Gallery and George Washington U. in Deal to Take Over Corcoran
After years of financial struggle, the Corcoran Gallery of Art announced a far-reaching agreement Wednesday that would see its collection, landmark building, and art college divided between the National Gallery of Art and George Washington University, writes The Washington Post.
‘To Kill a Mockingbird’ Author Settles Suit With Ala. Museum
Harper Lee had taken a history museum in her hometown of Monroeville, Ala., to court over its sale of merchandise associated with her and the classic novel, reports the Associated Press.
MacArthur Prize Winners Use Data, Communications, and Technology Creatively
The foundation is honoring seven organizations today with $1-million grants for their “outsized impact in bringing about social change.”
By M.J. Prest
Senior Editor, Solutions
Discussing ‘The Idealist: Jeffrey Sachs and the Quest to End Poverty’
View a video discussion with Chronicle columnists at the Hudson Institute focused on Nina Munk’s new book about the economist Jeffrey Sachs and his work in Africa.
CEO of Moore Foundation Resigns Abruptly
Steven McCormick, who has headed the fund started by the co-founder of Intel, had been on the job since 2008 and said he was stepping aside today.
By Doug Donovan
Contributor
Boy Scouts Membership Declines After Tumultuous Year
The national youth nonprofit’s ranks shrank by 6 percent in 2013, a year that saw the Scouts open its doors to openly gay youth over the objections of some chapters, the Associated Press reports.
Public Radio’s KCRW Buys So. Calif. Classical Outlet
The Santa Monica, Calif., public broadcaster’s $1-million acquisition of Santa Barbara-based classical music station KDB from the Santa Barbara Foundation expands its reach in communities north of Los Angeles, writes the Los Angeles Times.
Ex-Philadelphia Sportscaster Arrested in Charity Theft Probe
Veteran television personality Don Tollefson was jailed Tuesday on charges that he duped at least 100 people who bought sports-related travel packages from him, ostensibly to aid local charities, The Philadelphia Inquirer reports.