Alumni Giving Increases 7 Percent to More Than $12 Billion, Study Says
The growth in giving is most likely helping the richest universities get richer.
IRA Gifts Surged in 2018, Report Says
New federal tax rules and aging baby boomers are driving the trend, a new study by the fundraising company FreeWill says. However, responsibility for them is “slipping through the cracks” at many charities.
New CEO at Council on Foundations Pledges Greater Accountability
At the group’s annual conference, Kathleen Enright said she wants to transform the grant-maker organization. Other topics at the meeting: power dynamics with grantees.
Fears Increase That Economic Woes Will Hurt Endowments, Survey Shows
Investors became more pessimistic about the market, yet they’re largely sticking with riskier assets.
Lilly Endowment Awards $42 Million to Notre Dame for Technology Network (Grants Roundup)
Also, the Packard Foundation gives $20 million to make grants in David Packard’s hometown of Pueblo, Colo., and the Elton John AIDS Foundation promises $11 million to provide HIV-prevention services to the people most at risk.
Instagram Unveils New Donation Tool for Stories
Nonprofits hope that the additional fundraising option will increase donations, especially from younger Instagram users.
Adrienne Arsht Gives $25 Million to Help Communities Cope With Climate Change and Other Disasters
Her gift marks the next chapter of 100 Resilient Cities, an ambitious Rockefeller Foundation program. The grant maker recently announced it was withdrawing support for program with a final $30 million grant.
How Giving Days Like Amplify Austin Raise Unrestricted Millions for Charities
The nonprofit that runs an annual philanthropy marathon in Texas tests its fundraising power — and shows why the giving-day trend keeps growing nationwide.
Tim Ferriss on Giving for Psychedelic Research: It’s Personal
His best friend from childhood died of a fentanyl overdose. An aunt became addicted to Percocet and alcohol and died last year. So Ferriss decided to fund research at John Hopkins to see if psilocybin could help treat opioid addiction.
Editor’s Notebook: Melinda Gates’s Turning Point
A look back at a key moment for the wife of the famous Microsoft founder, who has become a driving force in the decision-making at the world’s biggest foundation.