Chobani Mogul Gives 2,000 Employees Stake in Yogurt Company
Philanthropist and Chobani founder Hamdi Ulukaya announced Tuesday that he is giving all of his full-time workers ownership stakes collectively worth 10 percent of the company, a move that could make some longtime employees millionaires, writes The New York Times.
China Set to Enact Law Restricting Foreign Nonprofits
Amid a campaign by Beijing against unwanted foreign influences, Chinese lawmakers could vote this week for legislation that would give police authority to put overseas nonprofits on a permanent blacklist, The Wall Street Journal writes.
Indianapolis Businessman Donates $25 Million to Butler U.
The university will rename its business school for Andre Lacy in honor of the gift from the local philanthropist and civic leader, reports the Indianapolis Star.
A New Website Serves Up 500 Years of Philanthropic History
The National Philanthropic Trust’s 20th-anniversary project is one of a spate of backward-looking enterprises by giving groups.
By Alex Daniels
Senior Editor, Foundations
Charity Galas Bloom in Ark. Due to Walmart’s Reach
Nonprofit groups and fundraising events have proliferated in northwest Arkansas with the influx of consumer-goods suppliers setting up shop close to Walmart’s Bentonville headquarters, The Wall Street Journal writes.
Doctors Without Borders Resumes Refugee Rescue Operation
The global aid group relaunched efforts to safeguard people making the dangerous Mediterranean Sea crossing to Europe three months after it suspended the operation and called on the European Union to do more for migrants, the Thomson Reuters Foundation reports.
Pittsburgh Foundation to Stop Matching Giving-Day Donations
The community foundation, which launched its hometown’s annual Day of Giving in 2009, said it could no longer sustain offering matching gifts for the online fundraising event “at a meaningful level,” reports the Pittsburgh Post-Gazette.
Prince Was Quiet but Effective Philanthropist, Activist Says
Environmental and human-rights activist Van Jones talks to Rolling Stone about his decade-long philanthropic relationship with the pop, funk, and rock superstar who died last week at age 57.
Obituary: Andrew Swinney, Long Led Philadelphia Foundation
Andrew Swinney, who oversaw major growth at the Philadelphia Foundation while serving for 16 years as its president, died Sunday at age 67, The Philadelphia Inquirer reports. He had been ill for a year with ALS.
$185 Million Gift Will Create Neuroscience Center at UCSF
Sanford and Joan Weill made the donation, the 11th multimillion-dollar gift for neuroscience research in the past seven years.
By Maria Di Mento
Senior Editor