Daily News Roundup: Higher Education to Fight GOP Tax Proposal on Endowments

News on the Tax Bills and Nonprofits

Higher Education Gears Up to Fight GOP Bill’s Tax on Endowments (The Wall Street Journal — subscription). Also, see a Chronicle special report on big endowments stockpiling assets.

More Than 400 Millionaires Tell Congress: Don’t Cut Our Taxes (The Washington Post). Plus: The estate-tax repeal is a big reason the millionaires object to the proposal. See a Chronicle article on nonprofit lobbying on the issue.

News on Giving

Fall Season Brought 8-Figure Gifts to Orchestras Nationwide (The New York Times)

Billionaire Charles Koch Is Making a Big Bet on Foreign Policy (The Washington Post)

New Study Shows How to Gauge the Choices, Motivations, and Influences of a Philanthropist (The New York Times). Plus, see this Chronicle article on efforts to help big donors better understand philanthropy.

For Miami’s Black Communities, Giving Starts Close to Home (Miami Herald)

News on Nonprofit Leadership

Court Blocks Berkshire Museum’s Sale of Norman Rockwell Works and Other Art (The New York Times)

TIAA Receives N.Y. Subpoena on Sales Practices (The New York Times)

First Fund to Post Bail for Indigent Defendants Nationwide to Launch (The New York Times)

Bible Museum Expects Capacity Crowds for Opening (The Washington Post)

News on Disaster Relief

The Story of World Central Kitchen, the Jose Andres Nonprofit Serving Millions of Meals in Puerto Rico (Eater)

Clinton Foundation and Pat Robertson Charity Team Up in Puerto Rico (Associated Press)

NFL Star Josh Norman Trying to Raise Money for ‘Ignored’ Puerto Rico (The Washington Post)

Opinion and Commentary

Why ‘Voluntourism’ Is a Problem in Africa (Quartz)

Podcast: Jean Case Discusses the Impact of Philanthropy (Bloomberg)