Subway Chairman Gives $30-Million to Connecticut Hospital
The donation from Peter Buck, who co-founded the fast-food chain and serves as chairman of its board, supports Danbury Hospital in his longtime Connecticut hometown, The Wall Street Journal reports.
13 Bidders to Compete to Host Obama Presidential Library
Thirteen bidders filed paperwork with the Barack Obama Foundation to compete to host the Obama Presidential Library, according to the Chicago Tribune.
Wealthy Say Volunteering, Not Money, Is Best Way to Help the Poor
More than half polled in survey see business start-ups and lower regulations and taxes for entrepreneurs as most effective route to closing the income gap.
By Maria Di Mento
Senior Editor
Why Nonprofits Should Care About Net Neutrality
Amy Sample Ward, chief executive of NTEN, explains why nonprofits should be concerned about the FCC proposal to allow premium Internet “fast lanes.”
By ALLISON FINE
Contributor
Government, Foundations Turn to Cash Prizes to Generate Solutions
Competitions are now popular to stimulate innovative answers to vexing social and technological problems, a report finds.
By Megan O’Neil
Contributor
New IRS Rules on Nonprofit Politicking to Come in Early 2015
The new regulations will spell out permissible political activity and spending by nonprofit “social welfare” groups, Internal Revenue Service Commissioner John Koskinen has told the Center for Public Integrity.
Divorce Ends Hedge Fund’s Automatic Gifts to Big U.K. Charity
The break-up of Christopher Hohn and Jamie Cooper-Hohn, reputed to be Britain’s biggest philanthropic couple, has ended an arrangement by which his hedge fund disbursed hundreds of millions of dollars to her charity for children, The New York Times reports.
IRS Open-Records Lawsuit Likely to Proceed, Judge Says
A public-interest group wants changes in Form 990 to make information on nonprofits searchable online.
By SUZANNE PERRY
Contributor
Delaware Museum Sanctioned for Selling Painting to Pay Bills
The moves by two national museum organizations came a day after the Delaware Art Museum auctioned off a 19th-century painting for $4.25-million as part of a plan to buttress its shaky finances, The News Journal of Wilmington writes.
Google Launches $50-Million Project to Build Girls’ Coding Skills
The Internet giant’s Made for Code effort, launching today in New York, is intended to draw more girls into computer coding and help plug a looming skills gap in the technology sector, USA Today writes.