Some Nonprofits Say Donor-Advised Funds Hurt Relationships With Supporters
A survey by the Center for Effective Philanthropy also found some praise for DAFs, with 22 percent citing lower administrative burdens.
By dan.parks
Contributor
Blue Cross Blue Shield Grants $55 Million to Lower Cost of Generic Drugs (Grants Roundup)
Also, the Kendeda Fund gives $10 million to raise awareness of the trauma experienced by native children adopted outside of their tribal communities, and the Nike Foundation donates $5 million to build an athletic facility at the Barack Obama Presidential Center.
By M.J. Prest
Senior Editor, Solutions
Unicef USA Picks Michael Nyenhuis as Its Next CEO (Transitions)
Also, Christine Squires has been promoted to succeed Nyenhuis at Americares, and the Open Society Foundations names its next leader of the Open Society Institute-Baltimore.
By M.J. Prest
Senior Editor, Solutions
How the Rockefeller Foundation Is Pivoting to Big Bets
President Rajiv Shah discusses how the foundation has reduced the number of program areas is focusing on fewer, more impactful “big bets.”
Soros Urges World Leaders to Back His $1 Billion Global Education Network
The philanthropist cited climate change, authoritarianism, and displaced people as among the growing problems the project aims to address.
By dan.parks
Contributor
Donor-Advised-Fund Bill Sparks Fierce Lobbying Clash in Calif.
A long list of heavyweight nonprofits and umbrella organizations have lined up on both sides of the debate over legislation that would require greater transparency.
By Alex Daniels
Contributor
The executive directors of 11 major nonprofits released a letter at the Davos World Economic Forum calling on Icann’s board to block the sale just as Democratic members of the House and Senate opposed the sale, along with a coalition of charity regulators.
By MICHAEL THEIS
Contributor
Schwab Charitable Donor-Advised Funds Distributed $2.7 Billion in 2019
The funds came in the form of more than 600,000 grants to 89,400 charities. Also, Schwab Charitable reported a 54 percent increase in the number of grants made from mobile devices.
By MICHAEL THEIS
Contributor
Microsoft Pledges Additional $250 Million to Address Seattle Homelessness (Grants Roundup)
Also, the Lilly Endowment has given $55 million to bolster the financial health of 13 youth charities in Indianapolis, and the LEGO Foundation committed $24 million to bring play-based learning to five countries.
By M.J. Prest
Senior Editor, Solutions
Grant Makers Push for More Trust in Relationships With Nonprofits
Less paperwork. Simplified ways of measuring impact. More general operating support. It’s all part of the Trust Based Philanthropy Project’s plan for changing the relationship between foundations and grantees.
By Alex Daniels
Senior Editor, Foundations