Number of Seven-Figure Gifts in Britain Jumps 50%
The United Kingdom saw 292 donations of ₤1-million ($1.6-million) or more in 2013, a 50 percent increase from the previous year and the highest total since 2008, but the average gift size dropped, Third Sector writes, citing a new report from the University of Kent and private bank Coutts.
Bill Gates Commits $200-Million a Year to Ending Malaria
Bill Gates told a global health conference that he wants to eliminate malaria in his lifetime. To achieve that goal, the Bill & Melinda Gates Foundation will dedicate more than $200-million a year, according to the Associated Press.
Shadowy Nonprofits Emerge to Fuel Last-Minute Campaign Push
A number of mysterious nonprofits and “super PACs” have popped up in recent weeks, pumping millions into political campaigns as Election Day nears according to The New York Times
Pierre Omidyar Re-Enters Limelight With Philanthropy and Media Venture
A New York magazine profile examines Pierre Omidyar, the eBay founder who mixes Silicon Valley entrepreneurship with charitable aims. His projects include a $100-million microfinance fund, a just-announced $200-million Global Innovation Fund, and the Intercept, and a website headed by national-security journalist Glenn Greenwald.
Atlantic Philanthropies Enters Final Chapter
Christopher G. Oechsli, chief executive of the Atlantic Philanthropies, spoke to The New York Times about the foundation’s end-game strategy as it aims to exhaust its funds by 2016.
British Officials Fear ISIS May Have Hijacked Funds for Aid Charities
The British government watchdog for charities, the Charity Commission, is conducting formal investigations of 86 British organizations amid fears that their funds may have been hijacked by Islamic extremists to finance military operations in Iraq and Syria, according to The Telegraph.
Donors to Gay Causes Consider Their Next Steps
After a spate of legal victories on same-sex marriage, the next challenge could be employment discrimination, bullying and homelessness among gays, or many issues at once.
By Avi Wolfman-Arent
Contributor
Heifer Provides Tech Training in Peru
The program is giving women in the Andes access to computers, printers, and cameras to boost their income from the items they make from alpaca wool.
By NICOLE WALLACE
Features Editor
A renewed focus on an age-old method of motivating people to take action yields impressive results, and some big names are taking notice.
By BRENNEN JENSEN
Contributor
Confusing Federal Rules and Little Guidance Inhibit Power of Impact Investing, Group Says
Top philanthropists say nonprofits need clarity on when they must exit commercial investments and flexibility to do so when it makes financial sense.
By Alex Daniels
Contributor