Daily News Roundup: Nonprofit’s Twist on Private-Equity Fund Aims to Speed Diabetes Research

Diabetes Nonprofit Mimics Private-Equity Investing: The Juvenile Diabetes Research Foundation created a new nonprofit that acts like a private-equity fund to attract more money and speed up the research process, reports The New York Times. The T1D Fund invests in companies doing research on the disease and uses returns to support further research.

U.S. Suspends Innovation Fund Designed to Fight Poverty: The Development Innovation Ventures program, which granted money for work designed to alleviate extreme poverty around the world, was put on hold due to budget constraints, reports NPR. The program, which has given more than $90 million to efforts in more than 40 countries, is part of the U.S. Global Development Lab, a public-private partnership run by USAID.

Newspaper Encourages Readers to Act on Its Stories Using Crowdfunding: The San Diego Union-Tribune is working with GoFundMe, a for-profit company, to encourage readers to raise money for concerns brought to light by its news coverage, reports the Verge. The pilot program has some journalists concerned about the ethics of the campaign and the potential for scams.

Jewish National Fund Leader to Return Loan: In response to an article in the Forward, the chief executive of the Jewish National Fund will return a $525,000 loan he received from the nonprofit. New York charities are barred from making loans to their officers.

Opinion: Bezos Has the Right Idea: Philanthropy expert Leslie Lenkowsky argues on CNN that Jeff Bezos has the right idea about giving money to meet immediate needs. Read a Chronicle article about Mr. Bezos’s plan, a piece about how people responded, and an opinion article about investing in both the short term and the long term.