$110 Million Pledge Will Go to Fight Cancer
Colorado philanthropists Richard and Susan Rogel directed the money to the University of Michigan Comprehensive Cancer Center, the recipient of previous gifts from the couple.
By Maria Di Mento
Senior Editor
Fidelity Charitable Says $1 Billion in Grants Distributed So Far This Year
The donor-advised-fund sponsor says grant making from its accounts topped the milestone faster than ever this calendar year, with 62,000 charities receiving donations.
By Alex Daniels
Contributor
Hewlett Commits $10 Million to Study ‘Fake News’ on Social Media
The grant maker hopes that researchers studying Facebook, Twitter, and other social-media sites can uncover ways to curtail the flow of false information that’s hurting democracy.
By Alex Daniels
Contributor
Daily News Roundup: Jewish Philanthropy Increasingly Dominated by Big Donors
A new study says a larger share of philanthropy is coming from wealthy individuals and foundations, which are wielding greater influence as a result. In other articles, fair-housing groups are suing Facebook over ads that they say discriminate; the National Rifle Association says it accepts foreign funds but that they aren’t used for election purposes; lurid charges have been made against a former Michigan State dean, who supervised Larry Nassar; and much more about giving and other nonprofit news. are exercising greater influence on Jewish communal priorities Read more: https://forward.com/news/breaking-news/397508/mega-donors-are-taking-over-jewish-philanthropy-new-study-says/ are exercising greater influence on Jewish communal priorities Read more: https://forward.com/news/breaking-news/397508/mega-donors-are-taking-over-jewish-philanthropy-new-study-says/
Cryptocurrency Giant’s $29 Million Gift Funds Every Request on DonorsChoose.org
One in six public schools will benefit from the $29 million, the largest contribution in the nonprofit’s history.
By Drew Lindsay
Senior Editor, Special Projects
Grants Roundup: Mastercard Commits $100 Million to Jobs Program in Africa
Also, Microsoft gives $1.8 million to upgrade technology, services, and training for military veterans who volunteer in disaster zones.
By M.J. Prest
Senior Editor, Solutions
Daily News Roundup: Giving Drops $10 Million to Twin Cities United Way
The decline in workplace giving is to blame. In other articles, John and Laura Arnold are pouring money into efforts to lower or rethink drug prices; the University of Oklahoma’s next president will be a former oil executive and big donor; many activists suffer privately; “March for Our Lives” cost $5 million, leaving several million dollars left for advocacy; and much more about the arts and other news.
Interview: Why Nonprofits Need ‘New Power’ When Good Battles Evil
Jeremy Heimans and Henry Timms argue in a new book that charities must embrace technology — and unorthodox thinking — to mobilize people for their causes.
By Drew Lindsay
Senior Editor, Special Projects
Charities Capitalize on the Donor-Advised-Fund Boom by Creating Their Own
The American Heart Association, Nature Conservancy, colleges and universities, and others have started their own funds instead of ceding donations to Fidelity, Schwab, and community foundations that are more typical sponsors.
By Debra E. Blum
Contributor
Spruill to Leave Council on Foundations and Return to Ocean Conservation
After six years leading the council through budget challenges, Spruill said her new job returns her to her “central passion.”
By Alex Daniels
Contributor