Affluent Younger Investors Are Gravitating to Impact Investments, Study Says
A Fidelity Charitable survey found that some 70 percent of millennial and Gen X investors are seeking social and environmental as well as financial returns, more than double the rate for older generations.
By Megan O’Neil
Contributor
Daily News Roundup: How George Soros and the ACLU Are Taking on Trumpism
The billionaire donor says being targeting by the global right won’t change his giving, while the venerable civil-rights group gets more active in elections. Plus, smaller public broadcasters face revenue struggles, the Milwaukee Symphony Orchestra sets an ambitious fundraising goal, and a look at Anthony Bourdain’s charity work.
Gifts Roundup: Cincinnati Zoo Secures $50 Million for Elephant Habitat
Also, Denny Sanford donates $100 million to help kids form strong social bonds, and a retired high-school teacher left $7.4 million to the University of Kansas.
By M.J. Prest
Senior Editor, Solutions
Craigslist Founder’s $20 Million Gift Signals Ongoing Commitment to Journalism
Billionaire Craig Newmark says his donation to the City University of New York’s graduate journalism program is part of a campaign to counter fake news and “bad actors” who are undermining democracy.
By Alex Daniels
Contributor
Daily News Roundup: $50 Million Gift to Cincinnati Zoo
In other articles, the former chairman of Wells Fargo is giving $20 million to DePauw University; the Gates Foundation is starting a nonprofit biotech in Boston; a little-known conservative Midwestern couple is wielding big influence in philanthropy; “design thinking” can help nonprofits with fundraising; how to get narcissists to give to charity; and other articles about legal news and investing and opinion and much more.
Podcast: How the Irvine Foundation Takes On the Deep Economic Divide in Calif.
The grant maker’s president, Don Howard, talks about the challenges of working in a state where 40 percent of its 40 million people cycle in and out of poverty.
New CEOs Named at Taproot and de Beaumont Foundations
Also, the Asian & Pacific Islander American Scholarship Fund names a new president, and the Kinder Foundation reshuffles its parks-program leadership.
By M.J. Prest
Senior Editor, Solutions
Daily News Roundup: Mo. House Drops Attempt to Get Records From Greitens Nonprofit
In other articles, the Danish drugmaker Lundbeck has agreed to pay $52.6 million to resolve a U.S. inquiry into its financial support of patient-assistance charitable foundations; the Shubert Foundation is giving $30 million to more than 500 performing-arts groups; families on the Gaza Strip are increasingly needy due in part to the freezing of U.S. aid; and more news and features.
New Fund to Support #MeToo Efforts
The New York Women’s Foundation will soon start making five- and six-figure grants via a new fund aimed at supporting overlooked nonprofits. Activists like Tarana Burke will steer the grant-making decisions.
By Megan O’Neil
Contributor
Daily News Roundup: David Koch Leaves Conservative Nonprofit
The billionaire industrialist and philanthropist is in declining health. In other articles, money for the universal basic income experiment in California is coming from the Economic Security Project, co-chaired by one of Facebook’s founders, Chris Hughes; the Lichtenstein Foundation is giving big while winding down; the Kellogg Foundation is starting a $10 million small-business loan fund for Battle Creek, Mich.; and more news and opinion.