Moore Foundation Pledges $95 Million to Research ‘Exotic’ Materials
The grant maker hopes its support for the study of quantum materials could eventually spark “a huge revolution in how power is distributed,’ among other advancements.
GlobalGiving Co-Founder Will Lead the Jessie Ball duPont Fund
Also, Cathy Tisdale announced she plans to retire as chief executive of Camp Fire in April.
Harvard Raises $9.6 Billion in Capital Campaign: Daily News Roundup
Plus, Mark Cuban will give $10 million to women’s causes after an investigation found a history of sexual misconduct among Dallas Mavericks staff; a nonprofit in Charleston, W.Va., says a New York group with a similar name has been aggressively raising money in the state; a think tank associated with George Mason University and supported by Koch family foundations is pretending not to be part of the university; and other articles about the Bezos gift and innovations and much more.
Wealthy People in U.S. Lag Their Peers Overseas in Sustainable Investing
A study by the financial-services company UBS found that only 12 percent of U.S. investors have at least 1 percent of their portfolio in sustainable investments, compared with 39 percent of wealthy investors internationally.
Entrepreneurs Donate and Volunteer More Than Others, Study Shows
The median gift from an entrepreneur is 50 percent higher than from other kinds of donors, and 79 percent of entrepreneurs say charitable giving is a critical part of who they are, according to the report from Fidelity Charitable.
Nonprofit Advocacy Groups Must Report Names of Some Donors: Daily News Roundup
After the Supreme Court declined to intervene, a ruling last month still stands, which applies to donors who give more than $200 a year to independent political campaigns. In other articles, a candidate for governor of Massachusetts proposes to tax Harvard and other big colleges to raise a total of about $1 billion in revenue; executives of a Missouri group allegedly bribed public officials, according to court documents; and more about sexual misconduct at nonprofits and big gifts.
11% of Nonprofit Workers Say They’re Saving Enough for Retirement, Study Says
Seventy-five percent of those surveyed by TIAA said they work at a nonprofit to make a difference in people’s lives, not for compensation or achieving career goals.
Svetlana Pushkareva Hutfles leads a statewide association in Kansas that’s become a vital source for education and collaboration among small and midsize community foundations.
Grants Roundup: Sunderland Foundation Awards $66 Million to Kansas Hospital
Also, Kresge commits $50 million to a Detroit college and community revitalization, and the Knight Foundation offers up a $10 million matching grant for local news journalism.
Most Rich People Give While Alive, but Less Often in Bequests
A new study by the Urban Institute also found that the gifts made in wills are greater than those made toward the end of life.