Giving by Small and Midsize Foundations Grew in 2016
The size of grants from foundations that hold less than $50 million in assets increased by 3 percent from 2015 to 2016, according to Foundation Source.
By Rebecca Koenig
Contributor
Daily News Roundup: Chinese Man Makes Mysterious $18 Billion Donation
A man contributed a large share of a giant Chinese company to a new foundation based in New York, prompting scrutiny. Also, Google committed $50 million to efforts to prepare workers for the new economy.
How the Chronicle Analyzed the Growth of Endowments
We examined more than 1,600 nonprofits with endowments of least $35 million.
By Megan O’Neil
Contributor
Many Big Nonprofits Rapidly Stockpiling Endowment Cash, Chronicle Data Shows
For 253 of the more than 1,600 nonprofits studied, the dollars flowing into their endowments over six years exceeded the dollars flowing out by more than four to one.
By Megan O’Neil
Contributor
Hundreds of nonprofits across the country are amassing huge amounts of money — many times more than they spend annually — and Congress is taking a closer look at these stockpiles of tax-exempt cash.
By Megan O’Neil and joshua.hatch
Grants Roundup: Ballmer Group Gives $15 Million to Support Low-Income Students
The unrestricted Ballmer Group funding supports education nonprofit Communities in Schools. Also, a trio of foundations awards $20 million to create an economics institute at the University of Utah.
By Rebecca Koenig
Contributor
Daily News Roundup: Trump Speech Angers Boy Scout Parents and Alumni
The president gave a partisan speech to a gathering of thousands of Boy Scouts. Also, new research suggests fundraising appeals should be tailored to reflect how donors view themselves.
Daily News Roundup: Judge Clears Legal-Aid Groups to Keep Helping Immigrants
The ruling blocks Justice Department efforts to restrict nonprofits from giving legal help to potential deportees unless they take them on as formal clients. Also, the NAACP names an interim chief executive, and Kalamazoo officials unveil details of a planned $500 million foundation to help the financially struggling city.
Nonprofit Coalition Takes a New Tack in the Trump Era
Dan Cardinali has spent his first year as head of Independent Sector finding ways to promote a populist tax idea and taking a more expansive approach to getting charities and foundations to work together.
By Rebecca Koenig
Contributor
Daily News Roundup: Controversy Over Coke Giving Follows Ga. Health Official to CDC
The soft-drink giant funded anti-obesity programs in Georgia when Brenda Fitzgerald, incoming head of the Centers for Disease Control and Prevention, was the state’s health commissioner. Also, volunteerism jumps in New York City, and a tale of two Utah nonprofits that barred LGBT groups from events.