Ford Foundation’s 2-Year, $205 Million Headquarters Makeover Is Complete: Daily News Roundup
The building has a soaring atrium and a saw-tooth skylight but also a smaller footprint with room for other foundations, plus a public art gallery and a touch-and-feel garden for the blind. Plus, the Trump administration’s Opportunity Zones could be a boon to distressed areas; Michael Bloomberg’s $1.8 billion gift to Johns Hopkins has prompted a variety of responses; Rhode Island prisons are working to get opioid treatment for inmates; and more about innovation and cultural groups.
AbbVie Gives $55 Million Boost to Students in Poor Communities: Grants Roundup
Also, the American Heart Association’s Allen Initiative in Brain Health and Cognitive Impairment grants $19.2 million to the Salk Institute, and the Coastal Maine Botanical Gardens will use $7.5 million to attract new visitors.
By M.J. Prest
Senior Editor, Solutions
Foundation Leaders Call for Protecting the Special-Counsel Investigation
An unusual letter, backed by the heads of more than 40 foundations and charities, expressed concerns about the appointment of the Acting Attorney General Matthew Whitaker, saying President Trump is not above the law.
By Julian Wyllie
Contributor
Trump Administration Urged 4H Youth Group to Drop LGBT Policy: Daily News Roundup
The move helped lead to the CEO’s firing. Plus, housing units for homeless people provided by a New York City nonprofit are unsafe for children, according to a city review, and the group fails to see that residents get social services; a foundation CEO gets about $40,000 a year for working there two hours a week, according to a foundation report; giving circles account for a small fraction of charitable giving, but they’ve been on the rise; and much more.
Mayo Clinic Gets $200 Million for Medical School: Gifts Roundup
Also, a charter-school group and five additional universities got big gifts.
By Maria Di Mento
Senior Editor
Share of Americans Volunteering Hits 15-Year Low
However, the total time volunteered is on the rise.
By Ariella Phillips
Contributor
Nonprofits Are at Risk as the Wealthy Gain More Philanthropic Clout, Report Argues
A new analysis from the Institute for Policy Studies contends that tax-law changes are needed to rein in power of big philanthropy.
By Drew Lindsay
Senior Editor, Special Projects
Michael Bloomberg Promises $1.8 Billion to Johns Hopkins U.
His goal is to provide free tuition for all qualified low- and middle-income students who are accepted but otherwise couldn’t afford to attend.
By Maria Di Mento
Senior Editor
Facebook’s Sheryl Sandberg Gives $50 Million and Commits $50 Million More for New Foundation
The embattled chief operating officer of the social media giant came under fire this week for her role in hiring a political opposition research firm to discredit her company’s critics.
By Maria Di Mento
Senior Editor
Michael Bloomberg Commits $1.8 Billion to Johns Hopkins: Updated News Roundup
Updated: The record-breaking gift will go to the Johns Hopkins University for financial aid so any student, regardless of family income, can attend the institution. Plus: AbbVie will give $55 million to groups that help low-income students succeed in school. Plus, the IRS says gift and estate tax limits will be higher in 2019; three people are under arrest for a GoFundMe campaign based on a fabricated story, which raised $400,000; a company launched by Bono’s daughter has created a tool to make donating and social activism simpler; Tennessee’s education commissioner will become head of a national education charity; and more news and articles.