New Donor-Advised Fund Pushes to Keep the Cash Moving
A new charitable account provider affiliated with Amalgamated Bank asks donors to distribute at least 10 percent of their accounts annually to charity, a move that others have resisted.
Daily News Roundup: Mueller Investigating Ukrainian Payment to Trump Foundation
The special counsel is investigating a payment a steel magnate made in 2015 for a video appearance by Mr. Trump for a conference in Kiev. In other news, the Walton Family Foundation is leading an effort to add $300 million to loan funds to buy or build charter schools; Vanderbilt gets a $20 million gift; Stetson University gets $18 million; the NRA may have accepted more gifts from Russian donors than it first said; and more, including measuring the impact of ideas and articles on the arts.
‘Modern Donors’ Are Changing How Charities Should Raise Money
Donors under the age of 72 are less responsive to written appeals and more likely to conduct research than their older counterparts, according to a new study.
Facebook Gives Scholars Access to Data to Study Its Role in Elections
The Hewlett, Arnold, Koch, and Sloan foundations and the Omidyar Network are among grant makers who brokered the deal to advance independent research on the social network, which faces a grilling in Congress this week over its sharing of user data with political groups.
Daily News Roundup: U. of Chicago Countersues Donor Seeking to Spike $100-Million Gift
In other news, Lincoln Center’s president ends her brief tenure, a new database tracks drug companies’ giving to patient-advocacy groups, and Yale casts a wide net for investment advisers. Plus, stories on how conservative nonprofits are roiling college campuses, shaping federal veterans policy, and micro-targeting swing voters.
Texas Tech Chancellor Robert Duncan On Courting Different Kinds of Donations
More and more donors to the Texas Tech System are from the energy sector, says the chancellor, but it’s important not to forget smaller supporters.
Gifts Roundup: 6 Universities Get a Total of $90 Million
The raft of big higher-education donations includes $30 million for scholarships at Miami University in Ohio and $20 million for the New York University School of Law’s international programs.
Daily News Roundup: $42 Million Grant Aims to Protect River
In other articles, some colleges are dropping TIAA because of fee hikes; the leader of the Anti-Defamation League is using business, marketing, and tech acumen to reshape the century-old nonprofit; a startup aims to match nonprofits with freelancers. Plus, other articles about must-read books and museum news and a young trailblazer and more.
Podcast: How One Woman Helped Create Entrepreneurs Around the Globe
Twenty years ago, Linda Rottenberg was in Argentina and realized there was no Spanish word for “entrepreneur.” So she started Endeavor Global, which now works in 30 countries, and those enterprises generate about $15 billion annually.
Smithsonian’s Air & Space Museum Chooses First Woman Director
Also, a Kellogg Foundation alumnus will lead a national network of churches and faith-based groups, and the Pittsburgh philanthropist Drue Heinz has died at age 103.