Gifts Roundup: Columbia and Cambridge Universities Received 9-Figure Gifts
Donors featured in this week’s roundup include the family of the late Ray Dolby, who founded Dolby Laboratories and invented the Dolby Sound System.
By Maria Di Mento
Senior Editor
As Tax Changes Loom, Charities Encourage Donors to Give Now
With the tax overhaul looming, many charities are talking about the possible effects of the measure, including potential changes to giving stocks and other issues of interest to supporters.
By Timothy Sandoval
Contributor
Daily News Roundup: Hospitals and Schools Race to Borrow Tax-Free While They Can
Borrowers issued more than $4 billion in private-equity bonds last week, which nonprofits and others can use for development projects with a public benefit. In other news, Newman’s Own could face a 200 percent tax thanks to the tax bill; civil-rights leader and Democratic congressman John Lewis will skip the opening of the Civil Rights Museum in Mississippi if President Trump attends; and much more.
Ford’s $1 Billion Impact Investment Fund Gets New Manager; Gill Foundation Hires CEO From Within
Also, the Goldman Environmental Foundation and Sister Cities International announce new chiefs, and other comings and goings.
By M.J. Prest
Senior Editor, Solutions
Daily News Roundup: New York Public Radio Suspends 2 More Hosts
Both are on leave while the station investigates accusations of inappropriate conduct. In other articles, while Jared Kushner is pursing Mideast peace, the Kushner Companies Charitable Foundation is giving to a controversial West Bank settlement; Colin Kaepernick’s giving shows his vision for social change; and much more.
Nonprofits Hunt for a Tax Win After Dismal Lobbying Results
As nonprofits try to persuade Congress to keep restrictions on politicking, they also reflect on their earlier tactical errors such as spending too little money on lobbying and focusing on potential job losses.
By Alex Daniels
Contributor
According to an NBC report, a Russian lawyer told the Senate Judiciary Committee in 2016 that Mr. Trump was seeking information about illegal donations to the foundation. In other news and features: an article on how conspiracy theories about George Soros have obscured other issues with large-scale giving; a report on how nonprofits are using a private-equity fund to pull a poor neighborhood out of poverty; and more.
Grants Roundup: Wells Fargo Offers $50 Million for Native American Groups
Other grants include $8 million to develop new treatments for leukemia and $5 million for the Baltimore Police Department for crime-fighting technology.
By M.J. Prest
Senior Editor, Solutions
Daily News Roundup: 5 Years in Prison for Former Congresswoman Who Raised Money for Fake Charity
In other news, allegations of bullying and sexual harassment rock New York’s WNYC public radio station after popular host departs; the new tax bill could benefit private schools and hurt public education; Code.org will use $12 million from the Gates Foundation to train more teacher and update curricula; and more.
Columbia U. Medical School Lands $250 Million Gift
Roy Vagelos and his wife, Diana, who have backed financial aid with previous gifts, directed $150 million of the donation toward scholarships for low-income medical students.
By Maria Di Mento
Senior Editor