Under New Leadership, Livestrong Works to Renew Mission
The Austin American-Statesman assesses the state of Livestrong as it moves out from under the shadow of its founder, disgraced cyclist Lance Armstrong, and the new CEO Chandini Portteus takes the helm.
Ohio U. Nixes Deal to Buy Home for President from Donor
The school dropped plans to purchase a $1.2 million house it has been leasing for campus President Roderick McDavis after learning that the home’s owner promised to finish paying off a prior $100,000 pledge and make a new gift as part of the deal, The Columbus Dispatch reports.
Foundation Support for Black Men and Boys Grows Sharply, Study Says
Giving more than doubled from 2010 to 2012, with most grants going to education, social services, and public-affairs causes.
By Eden Stiffman
Senior Editor
Longtime Eli Broad Associate Steps Up to Lead New Museum
The New York Times profiles Joanne Heyler, who for two decades has headed the Broad Art Foundation and will run billionaire art patron Eli Broad’s downtown Los Angeles museum, set to open in September.
4 Nonprofits Receive $1.25 Million Skoll Awards
This year’s winners of the Skoll Foundation’s Award for Social Entrepreneurship include Blue Ventures, which tackles marine conservation in innovative ways.
By Rebecca Koenig
Contributor
Walton Family to Boost Giving Via Sale of Walmart Stock
The family behind Walmart is putting 6 percent of its shares in the retail behemoth into a newly formed trust for possible sale, in part to finance greater philanthropic activity, Reuters reports.
Obamas’ Tax Returns Shows 15% of $477,000 Income Donated
The first couple gave $70,712 to charity in 2014, 14.8 percent of their reported income, according to tax returns disclosed by the White House Friday, The Washington Post writes.
Foundations Fall Short in Giving Grantees Advice on Evaluations, Says Report
Nearly two-thirds of nonprofits surveyed say they get no guidance about what would be meaningful about the data they collect.
By Alex Daniels
Senior Editor, Foundations
Big Charities Court Young Donors With Bitcoin Fundraising
Seeking a foothold with younger, digitally minded donors, more major nonprofits are accepting gifts in Bitcoin and promoting their friendliness with the virtual currency, The Wall Street Journal writes as part of a set of “Journal Reports” articles on philanthropy.
Hillary Clinton Leaves Foundation as White House Bid Starts
The former senator and secretary of state resigned from the Board of Directors of the Clinton Foundation on Sunday, shortly after formally declaring her candidacy in the 2016 presidential race, Politico and The New York Times report.