Gifts Roundup: Houston Couple Gives $70 Million for Park; Calif. Music School Gets $46 Million
Plus, a charter-school nonprofit and four universities receive big donations.
Philanthropy’s Growth Constrained by Restrictions in 40% of Countries, Study Finds
A new study finds only modest improvement in the landscape for giving in 79 nations.
Daily News Roundup: Silicon Valley Fund CEO on Leave ‘Until Further Notice,” Says Board
Emmett Carson will continue to be paid while two law firms investigate the allegations. In other articles, the Yawkey Foundations is objecting to the renaming of a Boston street that had been named after philanthropist Tom Yawkey, who some say was a racist; Dallas considers its own memorial in light of the opening of the National Lynching Museum; an article looks at Tom Steyer’s war with Donald Trump; and much more about giving and innovation and nonprofit management.
Facebook Makes it Easier for Users to Offer Matches for Fundraising Efforts
People raising money for charity have sometimes offered matching donations informally on the site; the new feature makes it a built-in function.
Podcast: United Way’s CEO On Keeping an Old Nonprofit Fresh
The organization has been around for over 100 years. But Brian Gallagher says it’s working on new ways to keep donors involved, including a new technology platform that aims to connect the nonprofit world.
Raikes Has New Racial-Equity Leader; Disney Foundation Names Executive Director
Also, the University of Michigan’s top fundraiser is retiring as its capital campaign surpasses $4.3 billion, and the Gates Foundation has a new child-health leader.
Daily News Roundup: $70 Million Gift Goes to Houston Park Restoration
In other articles, the San Francisco Conservatory received a $46 million contribution; longtime philanthropists offer advice for new donors; the University of Louisville and its foundation have sued a former president of the university over alleged misuse of foundation money; an article examines how a progressive think tank handled sexual harassment allegations; and much more on big donations and management and nonprofit news.
Study Tallies 260,000 Foundations Worldwide, With Education as Top Cause
Nearly three-quarters of grant makers were established in the last 25 years, according to the report by the Hauser Institute for Civil Society at Harvard University.
Silicon Valley Fund’s CEO Placed on Leave
In two letters to the Board of Directors, half of the current and two dozen former employees called for Carson to be suspended, saying he had ignored complaints about his top deputy and had fostered a culture of fear.
Boomers Dominate Giving, and Likely Will for Several More Years, Researchers Say
Nearly 1 in 5 donors over all plans to donate more in 2018, according to a new study of more than 1,300 donors by Blackbaud and Edge Research.