Daily News Roundup: Zuckerberg and Chan Launch $30 Million Literacy Program
March 7, 2018 | Read Time: 1 minute
On Big Philanthropists
Zuckerberg and Chan Give $30 Million for New Effort to Boost Literacy (Boston Globe)
How Robert Smith, the Richest African-American, and His Business Partner Became Top Philanthropists (Forbes) Plus: See the Chronicle’s profile of Smith when he appeared on our Philanthropy 50 ranking of the top philanthropists.
Jeff Bezos Is Now the World’s Wealthiest Person, and He Could Redefine Philanthropy (Business Insider) Plus: Read the behind-the-scenes story of Bezos’s $33 million gift for Dreamers.
Oprah Winfrey Donates Portion of Weight Watchers Share Sale to Her Foundation (Wall Street Journal — subscription) See more about Winfrey’s recent gifts to Time’s Up and the March for Our Lives led by Parkland, Fla., student activists.
Top News
With Cash Boost From S.F. Foundation, Facebook Housing Fund Ready to Back Projects (Mercury News)
Veterans Charity Founded by Mo. Governor Backs Investigation of Alleged Political Use of Its Resources (Associated Press)
Opinion on Nonprofits
Don’t Weaken the Ban on Politics in the Pulpit (Los Angeles Times)
‘Pay for Success’ Bonds Open a New Frontier in Impact Investing (New York Times)
More News
Texas Nonprofit Gets $790,000 From Walton Family Fund to Build Diversity in Teaching Ranks (The 74)
Troubled Calif. Disability Charity Selling Off Designer Goods to Fund New Group Home (San Francisco Chronicle)
Va. High School Drops AR-15 Raffle, Substitutes Gift Certificate for Gun Shop (Richmond Times-Dispatch)
What Is Philanthropy’s Role in Serving Flint? A Conversation With Flint Community Fund’s CEO (Michigan Radio)
Ky. Governor’s Charity Auction Offers Chance to Implode Building (Associated Press)
