Daily News Roundup: $2.4 Trillion Wealth Transfer Expected
October 27, 2017 | Read Time: 1 minute
Top News
Aging Billionaires Are Expected to Pass $2.4 Trillion to Their Children and to Charity, Says New Report (CNBC). Also, see the Chronicle article about campaigns to capture the wealth transfer in shrinking communities.
Justice Department Settles With Tea Party Nonprofits After IRS Scrutiny (The New York Times)
More Giving News
U. Of Illinois at Urbana-Champaign Gets $150 Million for Business School (The News-Gazette. Also, see The Chronicle’s free database of gifts of $1 million or more.
Football’s J.J. Watt Announces Plans for His Hurricane Harvey Relief Fund (Houston Chronicle)
Trump Is Inspiring a Drastic Increase in Giving to Progressive Groups (Fast Company). Also, see the Chronicle article about forecasts of gangbuster giving in 2017.
How Doris Buffett Came to Give Away Her Fortune to Help Others (Fredericksburg.com)
University News
Harvard U. Ended the 2017 Fiscal Year With a $114 Million Surplus (The Boston Globe). Also, see The Chronicle’s interactive database of nonprofit endowments.
3 Dartmouth Professors Accused of Serious Misconduct Placed on Leave (The Boston Globe)
More News and Features
5 Ways Charity: Water Uses Storytelling to Inspire More Giving (Fast Company)
What Works in Workplace Giving (Associated Press)
New Nonprofit to Address Northern Calif. Wildfire Recovery Hires Former FEMA Director (San Francisco Business Times)
Is Philanthropy Driven by the Human Desire to Cheat Death? (Aeon)
