Packard Foundation Boosts Grants to Offset Impact of Government Cuts
The California grant maker, which said it will increase its payout by up to $22 million this year, joins several large philanthropies that have responded with cash to President Trump’s victory in November.
By Alex Daniels
Contributor
Daily News Roundup: Billionaire LinkedIn Co-Founder Defends Modern Philanthropy
Reid Hoffman also explains his plans to use his fortune for doing good. Plus, impact investing grows in India, and a New York theater company files for bankruptcy.
New Leaders at Harry Frank Guggenheim Foundation and Orange County United Way
Also, the Meyer Foundation’s head of programs steps down and Miami New Drama names its first executive director.
By anais.strickland
Contributor
GuideStar Adds Hate-Group Warning Labels to 46 Nonprofit Profiles
The charity-information service is placing prominent warning banners at the top of the organizations’ profiles, based on the findings of the Southern Poverty Law Center.
By Eden Stiffman
Senior Editor
Employees Want More Chances to Volunteer at Work, Says Study
Only 38 percent of workers said their companies offered organized chances to help charities, according to a new survey by Deloitte.
By HEATHER JOSLYN
Contributor
Daily News Roundup: Controversial Congressman’s Naming Gift Draws Fire at N.J. University
Montana Rep. Greg Gianforte’s alleged assault of a reporter last month heightens ongoing protests over the Stevens Institute of Technology’s plan to name a building after him. Also, City University of New York looks to rein in nonprofit fundraising affiliates that have come under legal scrutiny.
Facebook Offers Charities Free Data to Help Them Better Respond to Disasters
The mapping feature will help nonprofits find concentrated areas where people feel unsafe.
By Megan O’Neil
Contributor
MIT Receives $140 Million From Anonymous Alumnus
The donor placed no restrictions on the use of the gift; the university said at least some of it would go toward supporting undergraduates who couldn’t otherwise afford to attend.
By Maria Di Mento
Senior Editor
Daily News Roundup: Trump Business Reaped Revenue From Eric Trump Charity Events
The president’s company reportedly billed his son’s foundation for hundreds of thousands of dollars for fundraising golf tournaments held at a Trump course. Also, charities could see as much as $700 million from a 2018 auction of David Rockefeller’s art collection.
Grants Roundup: Leavey Fund Gives $30 Million to Santa Clara U. STEM Campus
Other notable awards include $10 million from the Timken Foundation to expand eye care at the Cleveland Clinic and $5 million from Berges Family Foundation to boost a St. Louis arts center’s capital campaign.
By Rebecca Koenig
Contributor