Podcast: Helping Impact Investing Live Up to Its Promise
In this week’s Business of Giving, Amit Bouri, co-founder of the Global Impact Investing Network, talks about his group’s efforts to invest in ways that achieve both social and financial returns.
Houston Symphony and Mormon Church Get New Leaders
In other news about people in philanthropy, the longtime CEO of the Hoblitzelle Foundation has retired and named his daughter as his successor.
By M.J. Prest
Senior Editor, Solutions
Daily News Roundup: Endowment Tax May Hit Small Colleges Harder
In other news, Oregon State gets a $50 million pledge for veterinary medicine; nonprofits anxiously await the new Facebook news feed, fearing it will decrease their reach; Stephen Curry and Kevin Durant have given to Colin Kaepernick’s effort to raise money to help troubled communities; Jeff Bezos’s $33 million gift set him apart from her peers; and more.
What Nonprofits Do — Good and Bad — When a Shutdown Looms
Some find emergency funding, figure out what programs will be affected, and keep the staff informed. Others wait and worry.
By Ariella Phillips
Contributor
Calif. Foundations Move $40 Million Fast to Counter Trump on Immigration
A group of grant makers is doing rapid assessments of nonprofits’ needs and pushing cash out the door fast, sometimes within days, and is asking others nationwide to get on board.
By Alex Daniels
Contributor
Grants Roundup: Boeing Gives $10 Million for Veterans; U. of Idaho Gets New Arena
Also, Children’s Mercy Kansas City gets $150 million for pediatric research, the Gates Foundation gives $4 million to address health problems in India, and other grant news.
By M.J. Prest
Senior Editor, Solutions
That $33 Million Bezos Gift for Dreamers? It Started With a Tweet.
A message from a business partner spoke to a personal story in the Amazon founder’s family history.
By Megan O’Neil
Contributor
Daily News Roundup: $75 Million Gift Will Double Philosophy Dept. at Johns Hopkins
The donation comes from alumnus Bill Miller, who beat the S&P 500 for 15 years in a row. In other articles, a top financial investor is telling companies they need to do good in society to get the support of BlackRock; actor Timothée Chalamet is donating his salary from a Woody Allen film to charity; a food-stamp program is making produce more affordable; and more.
Ultra-Rich Face Insecurities About Giving, Report Finds. Here’s How Charities Can Help.
Nonprofits can offer donor-education programs, develop tools for wealth managers, show some empathy, and start with small gift requests.
By Megan O’Neil
Contributor
Other notable contributions include $35 million to a Florida hospital from three donors, and a mansion on 100 acres, worth $30 million, which was given to create a museum dedicated to the music of Tin Pan Alley, Broadway, and Hollywood.
By Maria Di Mento
Senior Editor