Kaiser Permanente Puts $200 Million Into Low-Cost Housing
The health-care giant says it has created a $200 million impact-investing fund to address the issue.
Mesch to Step Down From Women’s Philanthropy Institute; Other People News
Also, Holly Humphrey of the University of Chicago was named president of the Josiah Macy Jr. Foundation, and the Virginia G. Piper Charitable Trust installs a new president.
Wedding of Prince Harry and Meghan Markle Creates Charity Power Couple
In lieu of gifts, the couple asked for donations to seven small organizations focused on women’s health, the environment, children of veterans, and more. One charity expert applauded their focus and efforts.
Behind the Scenes of Sloan’s $180 Million Effort to Connect Science and the Humanities
The documentary Bombshell: The Hedy Lamarr Story, one of the foundation’s latest projects, tells the little-known story of how a famous actress invented technologies that helped change the world — and led to the technology behind Wi-Fi and Bluetooth.
Need for Social Services Surpasses Rates Before Recession
Only 13 states have a lower level of need today than in 2007, largely because of a lack of low-cost housing.
Daily News Update: Oxfam Chief Announces Departure
Mark Goldring mentioned the nonprofit’s ‘past failings’ after the group’s sex-abuse scandal. In other articles, leaked documents show that the American Museum of Natural History and the World Wildlife Fund have fossil-fuel holdings despite their public positions on climate change, and the University of Virginia gets $20 million for graduate-student fellowships. Also see opinion pieces about helping Jeff Bezos donate his billions; advice to Bill Gates and Mark Zuckerberg on Education; and more.
Award-Winning Fundraiser’s Departure Was Long Planned, Board President Says
The international charity SOS Children’s Villages-USA announced last week that it had hired a new leader. The failure to mention the departure of its former CEO, Lynn Croneberger, was an oversight, the board chairman said.
Online Fundraising Tactics Show Mix of Big Gains and Failures, Survey Says
The “mobile-first” movement among web developers has helped, but charities are missing opportunities to introduce new donors to their cause, according to an update of Dunham and Company’s digital engagement scorecard.
Overhead Consumes Increasing Share of CFC Dollars
Donations to the campaign have plunged in recent years, but the cost of running it has held steady — and even ticked up a bit last year.
Daily News Roundup: A New Way to Fund Nonprofits
The approach is backed by the likes of Richard Branson, Pierre Omidyar, and other big names. In other articles, Bill Gates has given $44 million to influence education policy; donor-advised funds, which allow for big tax breaks but have little oversight, have become popular with Silicon Valley philanthropists; and San Francisco nurses want “Zuckerberg” removed from their hospital’s name. Plus, other articles about wealthy heirs, the biggest ACLU donor, and more.