Daily News Roundup: Helping Charities Pays Off for Corporations
Other articles in a New York Times special section on giving includes a piece on how donors are using bitcoin and how to do research on giving. In other news and features, donor data was exposed in a Denver Art Museum hack, a former accountant at Arc in Hawaii has now been accused of stealing $7 million; environmental groups are trying to involve more minorities; and more news about endowments, Congress, and tax policy.
Arnold and Cafritz Foundations Hire New CEOs From Within
New leaders at Team Rubicon, the Weiss Institute, Young Invincibles, and more personnel news.
By M.J. Prest
Senior Editor, Solutions
Podcast: How One Foundation Rewards Risk-Takers Tackling Big Issues
This week in the Business of Giving, Jim Bildner, CEO of the Draper Richards Kaplan Foundation, discusses a distinctive approach to funding social entrepreneur projects, both nonprofit and for-profit.
Daily Update: Harvey Weinstein Linked to Criminal Inquiry Into AIDS Charity Fundraiser
Prosecutors are examining transactions and contracts between New York-based charity amfAR, Mr. Weinstein, and the American Repertory Theater, sources told The New York Times. In other news, questions about a drug’s effectiveness leads an Alzheimer’s nonprofit to sever ties with Avanir Pharmaceuticals, and Apple executive Phil Schiller gives $35 million to help build a new science institute at Boston College.
Giving, Politicking, Endowments, and CEO Pay All Could Be Affected by Tax Measure
Sweeping changes would alter the incentives for giving, change rules on politicking and endowments, and levy new taxes on any nonprofit leader who makes $1 million or more.
By Alex Daniels and Megan O’Neil
Arnold Foundation Leader Vows Risk-Taking Grants and Steady Focus
Kelli Rhee moves into the top spot promising that the Houston grant maker will continue its efforts on criminal justice, schools, and scientific research.
By Alex Daniels
Senior Editor, Foundations
Grants Roundup: $12 Million From Moody Foundation for Children’s Medical Research
Other notable recent grants include $5 million from the Helmsley Charitable Trust for diabetes research and $3.5 million from the Mellon Foundation for the Seattle Asian Art Museum.
By Maria Di Mento
Senior Editor
Daily News Roundup: Obama Seeks to Help Young Leaders Organize
In a speech at his first leadership summit, the president said he wanted to give grass-roots organizers the tools they need to work for a cause. In other news, the University of Chicago’s economics department got a $125 million gift; donors withdraw contributions from a W.Va. Big Brothers Big Sisters over staff training on LGBT issues; and Oxfam has dismissed 22 employees over allegations of sexual abuse in the past year.
Philanthropy 400 Special Report: Top Charities Appeal to Impatient, Policy-Minded Donors
The Chronicle’s 2017 ranking, drawn from IRS data and our exclusive survey results, unlocks a wealth of insights for fundraisers on how donors increasingly back nonprofits that promise solid returns and seek to influence policy.
Fidelity Charitable Tops United Way for 2nd Year in a Row in the Philanthropy 400
The donor-advised-fund manager leads a pack of similar organizations in the upper reaches of The Chronicle’s annual list of charities that raise the most from private sources.