Group Moves Toward Metrics to Ensure Impact Investments Really Have Impact
The U.S. Impact Investing Alliance, which is still in its formative stage, wants to make sure investors seeking social as well as financial returns for their money are really doing as much good as they claim.
By Alex Daniels
Senior Editor, Foundations
Daily News Roundup: Groups Fighting Teen Pregnancy Set to Lose Millions
President Trump’s budget plan would eliminate an Obama-era program that grants $89 million to dozens of organizations for efforts to influence teenage sexual behavior. Also, a San Francisco disability charity forces out its socialite director, and strange bedfellows fight the D.C. Metro’s restrictions on advocacy ads.
Daily News Roundup: Death of Volunteers Prompts Suit Against Nonprofit
The parents of two British women who drowned while volunteering in South Africa say the charity that organized the trip bears responsibility. Also, cities are repealing restrictions on panhandling in the face of court defeats, and the ACLU jumps into a coal company’s lawsuit against John Oliver.
Grants Roundup: Target Commits $14 Million to Boost Youth Soccer
In other grant-making news, the Clooney Foundation teams with two tech giants to help schools in Lebanon serve an influx of refugee kids.
By Rebecca Koenig
Contributor
Nonprofit Leaders Making Their Voices Heard on Tax Issues
It’s unclear whether Congress will actually take up tax legislation soon, but charity leaders want lawmakers to know where they stand on the charitable deduction, and two scholars are pushing for changes to make more money from individuals available to nonprofits.
By Alex Daniels
Contributor
Daily News Roundup: How Cash Aid Is Working in a Kenyan Village
Also, a Southern California orchestra courts controversy by inviting a prominent conservative talk-show host to be guest conductor at a benefit concert.
Help Us Find the Nonprofit Stars Flying Under the Radar
The Chronicle of Philanthropy is looking for movers and shakers who are quietly making a big impact – and we need your help to find them!
Foundation Takes Radical Approach to Transparency in Grant Making
The GHR Foundation is testing a system that involves posting grant applications for public comment and allowing applicants to use the feedback to fine-tune their proposals before decisions are made.
By Alex Daniels
Contributor
Daily News Roundup: Charities Mount Capitol Case for Universal Deduction
The push to open the write-off for donating to all taxpayers aims to counter a proposal to double the standard deduction, which nonprofit leaders say would cut into giving. Also, New York’s booming real-estate market has financially struggling congregations looking to sell historic houses of worship.
Gifts Roundup: Zuckerberg and Chan Give $10 Million for Data-Driven Health Research
Other contributions include $10 million from brothers Steve and Jonathan Tisch to support a range of programs at the Connecticut prep school both attended.
By Maria Di Mento
Senior Editor