Daily News Roundup: House Bill Would Boost IRS Funding and Bar Enforcement of Politcking Ban
May 24, 2018 | Read Time: 1 minute
Top News
House Appropriations Offers Bill That Would Boost IRS Funding, Bar Funds for Enforcement of the Johnson Amendment (Hill). See a Chronicle article for background on the Johnson Amendment.
IRS Warns States on Their Workarounds to Tax Overhaul (Wall Street Journal — subscription). See more from the Chronicle about state efforts to deal with the limits on deductions.
Education Department Announces Plan to Help Some Borrowers Seeking Loan Forgiveness for Public Service (Wall Street Journal — subscription). See more from the Chronicle about public-service loan forgiveness.
Opinion: The Trouble With Charitable Billionaires (Guardian)
About Giving
Michael Bloomberg Takes On Trump and Pledges $42 Million to U.S. Cities (Forbes). See more from the Chronicle about Bloomberg’s giving in our annual Philanthropy 50 rankings.
South Africa’s President Cyril Ramaphosa Gives Half His Pay to Mandela Charity (BBC News)
Philanthropist Kat Taylor Resigns From Harvard Board of Overseers Over University’s Continued Fossil-Fuel Investment (Harvard Crimson). See more about Kat Taylor’s approach to philanthropy in a Chronicle article.
More News
Fired MusiCares Executive Accuses Grammy Chief of Steering Money From Charity to Cover Shortfall (Variety)
Questions Raised About Baton Rouge HIV Nonprofit Leader Requesting ‘Finder’s Fee’ for Donations (Advocate)
About Museums
‘We Are Disappointed but Not Surprised’: After First Round of Sales, Berkshire Museum Pulls in $42 Million, Below $55 Million Goal (ArtNews)
Free Admission Pays Off for All at Some New York City Museums (Wall Street Journal — subscription)
Largest Dinosaur Ever Starts to Stand Tall in Field Museum (Chicago Tribune)
