Gov. Christie Seeks to Suspend Taxes on Nonprofit Hospitals
New Jersey Gov. Chris Christie proposed a two-year freeze that would stop local governments from collecting property taxes from nonprofit hospitals, The Wall Street Journal reports.
Gifts Roundup: $10 Million From Ex-Kohl’s Chief to Gulfshore Playhouse
Other donations supported programs at universities in California and North Carolina.
By Maria Di Mento
Senior Editor
70% of Charities Predict Revenue Increases in 2016, Survey Finds
Organizations that focused on cultivating and retaining donors proved the most successful last year, says Nonprofit Research Collaborative’s latest report.
By Eden Stiffman
Senior Editor
Nonprofit Set Up by L.A. Mayor Raised Nearly $15 Million in 1st Year
The Mayor’s Fund for Los Angeles, started by Mayor Eric Garcetti to help fund civic projects, spent less than a third of the $14.6 million it took in from foundations, corporate charities, and other donors in fiscal 2015, reports the Los Angeles Times.
N.Y. Arts Group Could Reap $100 Million in Property Sale
Venerable arts nonprofit the National Academy has decided to sell its longtime home, a pair of Beaux Arts Manhattan buildings appraised at $107 million in 2012, deeming the landmark property too expensive for the group to maintain, writes The New York Times.
Ex-Education Secretary Takes Post With Jobs Philanthropy
Two months after leaving President Obama’s cabinet, Arne Duncan is joining Laurene Powell Jobs’s Emerson Collective to head up a program aimed at creating job opportunities for young black men in Chicago, the Chicago Tribune writes.
Biden Taps Ex-Nonprofit Head to Lead Federal Cancer Effort
The former leader of a charity that worked to speed the transition of basic research into lifesaving medical treatments has been appointed by the vice president to lead the administration’s “moonshot” effort to find a cure for cancer, The New York Times reports.
Wounded Warrior Founder Says Charity ‘Grew Too Fast’
John Melia, the founder and former head of the Wounded Warrior Project who is hoping to return to the scandal-plagued veterans charity, tells WJXT TV in Jacksonville that it “became exactly what we didn’t want it to be become” under his successors.
Mellon Grant Aims to Raise $75 Million for National Gallery
A $30 million challenge grant from the Andrew W. Mellon Foundation aims to bring two and a half times that amount to the Smithsonian’s National Gallery of Art over five years, reports The Washington Post.
Marcus Fund Gives Ga. Hospital $75 Million for Heart Care
The Marcus Foundation donation will establish a cardiac-care facility at Piedmont Healthcare’s Atlanta campus, writes Neighbor Newspapers.