Groups Flee San Francisco Nonprofit Hub as Rents Climb
The number of charities headquartered in San Francisco’s Mid-Market neighborhood, once a hub for nonprofit social-service agencies, has dwindled to a few groups determined to stay put despite skyrocketing rents, the San Francisco Chronicle writes.
Billionaire James Simons’s Giving Reflects His Enthusiasms
The mathematician, financier, and philanthropist’s unusual career and expansive, science-based giving are detailed in a New York Times profile.
Report: Aid System ‘Atrophy’ Blunting Humanitarian Response
Doctors Without Borders issued a stinging report Monday blaming risk aversion and bureaucratic bloat for what the global medical charity termed a dysfunctional aid system that is increasingly failing people in conflict and disaster zones, Agence France-Presse and The Guardian write.
Big U.K. Charity Drops CEO Over Private-School Payments
The Halo Trust, an international land-mine-clearing charity that has been prominently supported by the British royal family, has suspended its co-founder and chief executive following reports that his compensation covered the cost of sending his children to elite boarding schools, according to The Telegraph.
N.Y. State Delays a Board Provision of New Law on Nonprofits
Gov. Andrew Cuomo signed legislation last week delaying a provision of the state’s sweeping overhaul of charity regulations that would bar employees of a charity from chairing its board of directors, reports the Associated Press.
Hillary Clinton Says Her Big Speaking Fees Go to Foundation
Amid increased scrutiny of her family’s wealth, the prospective 2016 presidential candidate told ABC News Friday that she donates the six-figure fees she draws for speaking at universities to the Bill, Hillary & Chelsea Clinton Foundation.
Index Aims to Measure When Entertainment Leads to Activism
Participant Media, the company created by eBay co-founder Jeff Skoll to produce movies with a social message, is working on a tool to assess the impact of such activist entertainment in spurring viewers to action, according to The New York Times.
Tenn. Man to Donate Most of $115-Million Lottery Windfall
The winner of the largest lottery prize in Tennessee history says he will put most of his winnings into a foundation to support the arts, BuzzFeed writes.
Simons Fund Donates $50-Million for Biology Research
The gift from mathematician-turned-financier James Simons and his wife, Marilyn, will be used to expand big-data-driven biological research at Cold Spring Harbor Laboratory on Long Island, writes The Wall Street Journal.
Court’s Hobby Lobby Decision Could Bode Ill for Faith Groups
The Supreme Court’s ruling this week that corporations can deny birth-control coverage to employees on religious grounds may not presage similar success for the host of faith-based nonprofit institutions challenging the Affordable Care Act’s contraceptive mandate, according to a Religion News Service analysis.