M&A Firm Looks to Bake Charity Into Corporate Mergers
A service developed by merger-management company SRS Acquiom and giving network Pledge 1% draws donations from interest on escrow accounts associated with major acquisition deals.
Purpose Prize, Now Run by AARP, Drops Eligibility Age to 50
The decade-old awards program, which honors older social innovators, is seeking nominations for five winners who will each receive $50,000.
Daily News Roundup: Universities Pushing Back on Endowment Scrutiny
As Congress weighs restrictions on tax exemptions for endowments, well-heeled colleges are adding the issue to their lobbying agenda. Also, how technology unduly dominates a surge in education aid for displaced Syrian children.
Trump Budget Proposal Raises Worries: Could AmeriCorps Disappear?
Charities that rely heavily on manpower from the Clinton-era federal program say proposed White House cuts would drastically reduce their ability to provide services and recruit the next generation of leaders.
Daily News Roundup: How a Boston Bombing Survivor Pays It Forward
Far-flung donor support that helped her recover from injuries suffered in the 2013 attack inspired Brittany Loring to help victims of traumas that receve far less public attention. Also, the Pittsburgh Foundation reaps a Trump bump in giving, and Egypt frees a long-detained American charity worker.
Gifts Roundup: U. of San Francisco Gets $10 Million to Advance Catholic Education
Other notable donations include an $8 million matching gift to Children’s Hospital of Wisconsin for cardiac care and $6 million for environmental studies at the University of Vermont.
Tax Day Is Nigh. Here’s How Personal Taxes Affect Nonprofits.
A collection of Chronicle articles, opinion columns, and data projects about income tax, the charitable deduction, and the nonprofit world.
Daily News Roundup: GOP Eyes Tax Bill for Johnson Amendment Repeal
House Republicans are reportedly folding language to end the ban on politicking by charities into larger tax legislation. Also, a Wall Street traditionalist on the Ford Foundation’s board embraces impact investing, and opposition recedes to charities holding big galas at President Trump’s Florida estate.
New Top Fundraiser at National Trust for Historic Preservation; Meyer Trust CEO to Step Down
America the Beautiful and Credential Engine also announce new leaders.
NoVo’s $90 Million Will Support Efforts Led by Young Women of Color
The NoVo Foundation named building solidarity and combating racism and sexual violence as priorities for $90 million in grant funding it pledged a year ago.