Daily News Roundup: Colleges Get Some Relief on Looming Endowment Tax
June 13, 2018 | Read Time: 1 minute
Top News
New Tax on College Endowments Won’t Apply to Older Gains, IRS Says (Bloomberg) Plus, see a Chronicle study of nonprofit endowments and how much they accumulate.
Advisory Panel Calls for Sweeping Change in How Universities Deal With Sexual Harassment (New York Times) Also, see a Chronicle survey on the prevalence of on-the-job harassment for charitable fundraisers.
Calif. Nonprofit Hospitals Say Sharp Drop in Charity Care Shows Obamacare Is Working (Los Angeles Times)
Head of Conn. Nonprofit Charged With Stealing Federal Funds (Hartford Courant)
Giving News
Colo. Ski-Resort Mogul Pledges $31 Million in Stock to Family Foundation (Vail Daily)
Zimbabwean Billionaire Strive Masiyiwa and Wife Receive British Award for Philanthropy (Forbes)
How to Give Away Up to $11 Million and Save 40% on Taxes (CNBC)
Musician and DJ Moby to Sell Massive Record Collection for Medical Charity (Rolling Stone)
About Nonprofits
Silicon Valley Nonprofit Kicks Off Effort to Help Local Homeless Living in Cars (Mercury News)
Southern Baptists Elect New President in Convention Focused on Abuse and Gender Issues (Washington Post)
