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Daily News Roundup: $180 Million Renovation for 92nd Street Y

May 21, 2018 | Read Time: 1 minute

Top News

New York’s 92nd Street Y Plans $180 Million Top-to-Bottom Renovation (Wall Street Journal — subscription). Plus, see a Chronicle profile of the 92nd Street Y’s innovative leader, Henry Timms.

Facing First Tax on Endowments, Colleges May Be Set to Dodge It (Bloomberg). Plus, see the Chronicle’s data on stockpiling of assets at colleges and other big nonprofits.

Metropolitan Opera Says It Has Evidence Levine Abused or Harassed 7 People (Associated Press)

At Mount Ida, a Mysterious Benefactor With Ties to the College’s President Loaned It $16 Million (Boston Globe)


Opinion: A $20 Million Gift to Help Low- and Middle-Income Students Go to College (New York Times)

About Health Care

Consortium of Large Hospital Systems Forms a Nonprofit Drug Company to Address Shortages of Critical Medications and Inflated Prices (UPI)

How a Nonprofit Rehab Boss Exploited the Drug Epidemic — With Impunity (Associated Press)

Moody’s: Nonprofit Hospitals Should Keep in Mind These Attributes When Planning for Health Care’s Future (Becker’s Hospital CFO Report)


More News

A 21st Century Noah’s Ark: Inside a Bold Effort to Save Africa’s Wildlife (Washington Post)

How Charities Should Prepare for Data-Protection Changes in Europe (Guardian)

Crowdfunding Platform Provider Fails to Qualify as Section 501(c)(3) Organization (Ernst & Young)