Podcast: How Salesforce.com Spreads the Gospel of Corporate Giving
In this edition of the Business of Giving, Suzanne DiBianca, chief philanthropy officer at the software company, discusses the concept of giving 1 percent each of time, equity, and products back to the community.
Foundations Fan Out on Capitol Hill to Press Their Case on Taxes and Other Worries
Grant makers are hoping Congress will consider ways to offset provisions of the new tax law that might curb giving, but experts say the chances for near-term relief are slim.
By Alex Daniels
Contributor
Daily News Roundup: Donor Chops $75 Million From Big Calif. Medical Gift
Plus: Big names in tech are boosting Goldman Sachs’s fast-growing donor-advised fund, the maker of OxyContin wades controversially into anti-addiction giving; a Democratic House leader looks into the Trump Organization’s donation of profits to the Treasury; and news and views on Latino philanthropy, a growing advice club for the very rich, and the latest XPrize Foundation contest. (Hint: humanoids!)
Grants Roundup: Home Depot Pledges $50 Million for Skilled-Labor Training
Also, the Lilly Endowment gives $10 million for a new center on community development in rural Indiana, and the Moody Foundation helps the YMCA of Austin open a summer camp.
By M.J. Prest
Senior Editor, Solutions
Nonprofits Work to Maintain Fundraising as Facebook Changes Algorithm
Larger charities say they have figured out how to adapt as the social-media giant de-emphasizes their content, but smaller shops may have a harder time adjusting.
By Ariella Phillips
Contributor
Parents’ Giving Has Stronger Influence on Daughters Than on Sons, Study Finds
Daughters’ likelihood of giving is 11.5 percentage points higher if their parents give frequently than if they give infrequently, according to researchers at the Women’s Philanthropy Institute.
Daily News Roundup: Metropolitan Opera Fires James Levine
An investigation found evidence of sexual abuse and harassment by the music director emeritus. In other articles, the vast majority of managers of foundations and endowments say they have no plans to invest in cryptocurrencies, but many are intrigued; Brown University has decided not to display a house linked to Rosa Parks after a dispute about whether she lived there; an African nonprofit has made strides in reducing childhood deaths; and much more about the new tax law and the arts and giving.
Cummings Fund Puts All of Its Assets Into Mission Investing, Making It Largest to Do So
The half-billion-dollar endowment seeks to reduce social inequality and mitigate climate change — two areas the foundation says require business solutions as well as philanthropy.
By Alex Daniels
Contributor
Harvard-MIT Project to Help Kids Read Gets $30 Million From Zuckerberg Chan; Other Big Gifts
Warren Buffett’s longtime deputy Charles Munger gives $21 million to a hospital whose board he has chaired for 31 years, and Oprah Winfrey gives $22.5 million to her foundation.
By Maria Di Mento
Senior Editor
Daily News Roundup: Bono Says Charity He Co-Founded Failed to Protect Workers From Abuse
He says he is “furious” after accusations resurfaced about an atmosphere of bullying and abuse at the Johannesburg operation of ONE. In other news, a protest at the Metropolitan Museum of Art takes aim at donors connected to OxyContin; a California veterans program was struck by violence; nonprofit officials are accused of harassing union organizers; David Rockefeller’s estate sale may hit $1 billion; and other articles about the arts and Trump-inspired “rage philanthropy” and more.