A vice president who oversees the hospital’s ventures with for-profit companies received stock options in a start-up, whose value has skyrocketed. In other articles, Mark Zuckerberg and Priscilla Chan say their LLC invests in what is needed, not necessarily what is popular; a Chicago Tribune investigation into a housing nonprofit found deteriorating buildings and a lack of promised social programs. Plus, see articles on the nonprofit work force, big gifts and grants, and ideas and opinion.
Gifts Roundup: U. of Texas at Austin and UVA Land Big Gifts
The University of Virginia received $25 million for a bioscience business program, and the University of Texas at Austin’s mechanical-engineering department got $20 million.
By Maria Di Mento
Senior Editor
With Kavanaugh Hearings as Backdrop, Nonprofit Leaders Call for More Grants to Curb Sexual Assault
At a meeting of foundations, donors, and charities, advocates said every grant maker has a reason to pour more money into protecting women and girls.
By Timothy Sandoval
Contributor
Soros Heir Is Offering Nonprofits Free Online-Giving Tools. Really.
Jonathan Soros and his wife, Jennifer, want to save nonprofits money on a key fundraising expense. If their effort gains traction, it could force other software providers to lower their prices.
By Timothy Sandoval
Contributor
Blockchain Company Announces $100 Million Charitable Fund: Daily News Roundup
“Ripple for Good” will support education and financial-inclusion efforts. In other articles, the Securities and Exchange Commission has fined a Tennessee nonprofit $1.5 million for fraud; an opinion writer shares lessons learned from a petition by the New York Attorney General’s Office against the Trump Foundation, its directors, and officers; plus more about big gifts and grants, the arts, and people news.
Feeding America Chooses Corporate Executive as CEO
Also, Julia Stasch will step down as CEO of the MacArthur Foundation, and Deborah Marrow, the longtime director of the Getty Foundation, is retiring.
By M.J. Prest
Senior Editor, Solutions
Podcast: Google’s Foundation Hopes to Be an Example of Giving for Other Companies
The tech giant has pledged 1 percent of the company’s net profits to philanthropy. Jacquelline Fuller, president of Google.org, says other companies should do the same.
Threats and Hate Mail Flood Nonprofit Associated With Kavanaugh Accuser: Daily News Roundup
People have used phone calls, emails, Facebook, and other communication tools to threaten the staff and board. In other articles, Feeding America has named Claire Babineaux-Fontenot, who has held for-profit executive jobs, to be the new CEO; Melinda Gates talks about philanthropy; the Gates Foundation undergoing an internal reorganization; the University of Calgary has received a $44 million ranch for its veterinary school. Plus, other articles about gifts and grants, ides and opinion. and more.
Gates-Led Energy Fund Adding Start-Ups Fighting Climate Change: Daily News Roundup
Breakthrough Energy Ventures plans to invest $1 billion in companies capable making a big impact on global emissions. Plus, the Memorial Sloan Cancer Center is postponing its annual fundraising campaign in light of a scandal over a deal with a for-profit company; the Obama Foundation spent $12 million on an international summit and $5 million on architects; and San Francisco proposes a $17 minimum wage for nonprofit elderly care workers. Plus, other articles on gifts and grants and more.
Grants Roundup: Starr Foundation Gives $15 Million to St. John’s University
Also, the Moore Foundation pledges $95 million to research quantum materials, UPS makes a relief grant for flood recovery, and Levi Strauss & Co. gives $1 million to youth activists working to stop gun violence.
By M.J. Prest
Senior Editor, Solutions