Contest Aims to Harness Digital Sensing to Aid Poor
Unicef and ARM, a British firm that makes widely used microprocessors for smartphones and tablets, are leading a new effort to develop high-tech personal devices that could improve health and education for poor people around the world, The New York Times writes.
GOP Lawmaker Questions Charity Donation in Mortgage Deal
Virginia Rep. Bob Goodlatte raised objections to a provision of a $50 million settlement for bankrupt homeowners that directs $7.5 million of the fund to a charity run by the American Bankruptcy Institute, reports The Wall Street Journal.
Study Summary: Giving Holds Up at Smaller Foundations Despite Slowed Asset Growth
Grant makers with less than $50 million in assets distributed an average of 7 percent in 2014 — significantly higher than the 5-percent minimum required by law.
By Eden Stiffman
Senior Editor
$21 Million Boosts International Program at Dartmouth
The donation by Silicon Valley investor and Dartmouth College alumnus Robert E. King and his wife, Dorothy J. King expands a scholarship program they previously endowed for students from developing countries, writes Valley News, a New Hampshire daily.
Peter Laugharn Named Chief Executive of Conrad N. Hilton Foundation
The grant maker’s new leader was previously head of the Firelight Foundation, a Hilton grantee that provides health, education, and resilience training to needy people in Africa.
By Maria Di Mento
Senior Editor
City Year CEO Michael Brown Wins Leadership Honor
Independent Sector gives one of its former board members the John W. Gardner Leadership Award for creating a program that provides tutors in low-income neighborhoods.
By Rebecca Koenig
Contributor
Big Gifts From Koch and Kravis Boost N.Y. Medical Projects
Billionaire philanthropists David H. Koch and Henry R. Kravis made separate donations totaling $250 million Wednesday to gird major new hubs for medical research and treatment on Manhattan’s Upper East Side, reports The Wall Street Journal.
Obituary: John Templeton Jr. Led $3 Billion Foundation
The physician and philanthropist, whose family foundation supports work that explores connections between science and religion and awards one of the world’s largest monetary prizes for individuals, died Saturday of cancer at his home in Bryn Mawr, Pa., The Philadelphia Inquirer and The Washington Post report.
L.A. Adopts $15 Minimum Wage but OKs Delay for Some Nonprofits
The City Council approved a plan Tuesday to raise Los Angeles’s minimum wage to $15 an hour by 2020, giving labor activists their biggest victory to date in a nationwide campaign to boost stagnating pay at the lower rungs of the economic ladder, the Los Angeles Times writes.
GOP Call Grows for IRS Investigation of Clinton Foundation
Fifty-two House Republicans signed a letter asking the Internal Revenue Service to initiate a review of the Clinton Foundation’s tax-exempt status, Reuters reports.