Daily News Roundup: Rich College Endowments May Be Able to Get Tax Break
May 23, 2018 | Read Time: 1 minute
Top News
Rich College Endowments May Get Tax Break If They Spend Enough on Aid (Bloomberg). Also see: The Chronicle’s analysis of how much nonprofits of all kinds distribute from their endowments.
Prominent Southern Baptist Leader Removed as Seminary President Following Controversial Remarks About Abused Women (Washington Post)
How Red Nose Day Raised $100 Million for Children in Need in Just 3 Years (Adweek — subscription)
Opinion: How George Mason Will Take the Controversy Out of Its Gift Agreements (Chronicle of Higher Education)
About Sexual Misconduct
Low-Paid Women Get Hollywood Money to File Harassment Suits. One of the First: a Case Against Walmart. (New York Times). Plus: See the Chronicle’s in-depth look at Time’s Up.
Save the Children UK Accused of Spending Hundreds of Thousands of Pounds Trying to Stop Publication of Stories About Sexual Harassment (Guardian)
About Giving
Marc Benioff and Salesforce.org Donate $3 Million to Fight Family Homelessness in San Francisco (Mercury News)
Microsoft Co-Founder Paul Allen Donates $1 Million to Gun-Control Effort in Washington State (Geekwire)
Boston Nonprofit Tackling ‘Superbugs’ Gets $52 Million From Gates Foundation and Britain (Boston Business Journal)
