Surdna and Andrus Award Grants to Build Next Generation of Social-Justice Philanthropy
Twenty-one nonprofits will receive grants to build donor networks that share ideas about how to promote racial and class equity.
Calif. Bill Keeps Charitable Deduction in Reach for More Taxpayers
The bill, which many state nonprofits support, is an effort to work around the new federal cap on the deduction for state and local taxes.
Helen Diller Foundation Gives UC-San Francisco Second $500 Million Pledge
The latest round of funding, which is for a new medical center, brings the grant maker’s total contributions to the university to more than $1.1 billion.
Daily News Roundup: Giving Plummets at USC Amid Medical-School Scandal
Donations to the University of Southern California from July to December last year were $100 million less than during the same period in 2016. In other news, women make 21 percent less than men at Wellcome Trust, Britain’s largest charity, the group says; Houston billionaires gave a medical center $25 million; and more.
‘Forbes 400′ and ‘Giving Pledge’ Billionaires Who Gave Big in 2017
Only 17 people on the Forbes 400 list of the wealthiest Americans appear on this year’s Philanthropy 50 list.
The 2018 Philanthropy 50: Where They Live, Where They Give, and More
We break down our ranking by geography, age, and source of wealth and examine big-donor giving going back to 2000.
Nonprofit Uses Creative Impact Investing to Stem Foreclosures
New Jersey Community Capital buys pools of troubled mortgages at a discount and then modifies the loans to help homeowners. Vacant properties or converted to affordable housing.
New Mellon Foundation Leader Plans to Raise Its Profile
Poet and scholar Elizabeth Alexander, who spoke at Barack Obama’s first inauguration, becomes the first black woman to serve as president of the nation’s pre-eminent humanities foundation.
Daily News Roundup: Conn. May Try to Dodge Tax-Deduction Cap With Charitable Gifts
In other news, President Trump may soon nominate a tax lawyer to head the Internal Revenue Service; the new tax law would eliminate the deduction donors have been getting for prime seats at college games; Hollywood’s Time’s Up has raised $20 million; the Charles Koch Foundation has been giving millions to colleges to study criminal justice and foreign policy; and more.
Grants Roundup: $25 Million for Cystic Fibrosis Drugs
Other recent grants include $11 million to the American Heart Association in collaboration with the American Stroke Association, and $14.5 million to two medical institutions at Stanford, plus other grant-making news.