Daily News Roundup: Ford Elaborates on $1 Billion Impact-Investing Pledge
Darren Walker, the foundation’s president, explains how he expects the move to pay off in the long run. Also, a new Philadelphia museum exceeds its $150 million fundraising goal.
Controversial Nonprofit Removes Board Names From Website. Find Them Here.
See the full membership of the Board of Governors of the National Association of Nonprofit Organizations & Executives, which took the list out of public view amid criticism of its marketing practices.
By Timothy Sandoval
Contributor
United Way Worldwide Gets New U.S. President; Steve Fund Hires First Leader
Also, the head of the Walter & Elise Haas Fund is stepping down, and Chronicle contributor Paul Connolly dies at 54.
By anais.strickland
Contributor
Leader Shakes Up a Small Nonprofit to Expand Impact
Maya Winkelstein of the Open Road Alliance is on a mission to get foundations to talk with grantees about project pitfalls and how to avoid them.
By NICOLE WALLACE
Features Editor
Daily News Roundup: Trump Plans Could Mean ‘Life and Death’ for Charities
Nonprofit leaders and lobbyists say the administration’s budget plans pose an existential threat to many organizations. Also, European lawmakers call for action against Hungary’s targeting of nonprofits and institutions funded by George Soros, and Britain fines major charities for “wealth screening” of donors.
Independent Sector Calls for Universal Charitable Deduction
The nonprofit membership association launched a campaign called Giving100 to press Congress to make all taxpayers eligible for the break on giving as part of any tax-code overhaul.
By Rebecca Koenig
Contributor
Grants Roundup: Omidyar Group Pledges $100 Million to Address ‘Trust Deficit’
The funds will support investigative journalism and efforts to counter misinformation and hate speech. Other notable awards include $21 million from the Jerold B. Katz Foundation to turn medical research into practical care and $10.1 million from Taube Philanthropies to bolster a California collection of Jewish art.
By Rebecca Koenig
Contributor
Daily News Roundup: Hungary Passes Bill Targeting Soros-Backed College
Also, Pierre Omidyar’s philanthropic network commits $100 million to buttress investigative journalism and battle hate speech, and allies of Hillary Clinton say she will not be returning to her family’s foundation.
Ford Foundation to Put $1 Billion From Endowment Into Social Investments
By promising a big chunk of its $12 billion endowment to businesses that reduce inequality, the nation’s second-wealthiest grant maker could spur peers to increase their impact investing.
By Alex Daniels
Contributor
From the Editor: What’s New at The Chronicle
Helping you navigate the tax debate. Planning webinars on smart fundraising and a live event on emerging donors. Covering big meetings of nonprofits and foundations. Our reporters and editors are working on many fronts to help you get the information and advice you need to carry out your mission.