Daily News Roundup: Inside a College Development Office Riven by Dysfunction
Dozens of fundraisers have left Rensselaer Polytechnic Institute in recent years, fleeing what ex-staffers describe as a toxic environment created by the university’s highly paid president. Plus, how big nonprofit hospitals are faring financially under Obamacare.
Donor-Advised Funds Drive Jump in Community Foundations’ International Giving, Study Says
Fueled by international gifts from donor-advised-fund accounts, community grant makers have more than doubled overseas outlays in recent years, a new study found.
By Alex Daniels
Contributor
Covering Philanthropy in Changing Times
Of the many opportunities we’ve had to meet with our readers to trade insights and take part in provocative discussions, the event we’re most excited about is our Philanthropy NEXT event in September, writes The Chronicle’s editor, Stacy Palmer, in a letter to readers.
8 Aid Groups Launch Rare Shared Fundraising Drive
The Global Emergency Response Coalition formed by Mercy Corps, Save the Children, and other groups aims to raise money to keep 20 million people in Africa and the Middle East from starving — and might offer a model for other nonprofits.
By HEATHER JOSLYN
Contributor
Daily News Roundup: House Takes Step to Weaken Church-Politicking Ban
The Appropriations Committee approved language in a spending bill aimed at curbing IRS enforcement of the ban on electioneering by houses of worship. Also, big foundations take big financial hits as a private-equity fund popular with charitable investors goes bust.
Gifts Roundup: $50 Million Pledge Backs Teacher Training in Texas
Other notable donations include $25 million from hedge-fund founder Jim Simons and his wife, Marilyn, to the New York Public Library for Harlem branch renovations and other programs.
By Maria Di Mento
Senior Editor
Daily News Roundup: New Coalition of Big Aid Charities Tackling Hunger Crisis
Eight of the world’s largest relief groups will raise money together to alleviate starvation in three African countries and Yemen. Also, the University of Louisville Foundation comes under state investigation, and Howard Buffett gives a philanthropic boost to his adopted Illinois hometown.
Capitol Hill Veteran Joins Feeding America; Sloan Foundation Gets New Leader
Plus, major personnel moves at the Barr, Public Welfare, Annie E. Casey, and Laura and John Arnold foundations.
By HEATHER JOSLYN
Contributor
Foundation Investments Saw Solid Gains in 2016
The 10-year average still falls below 5 percent, raising concerns about grant makers’ ability to meet minimum payout requirements without eating into their endowments.
By Megan O’Neil
Contributor
Nonprofit Leaders Urge Pence to Expand Charitable Deduction
Foundation executives said the vice president pledged support for the work of charities but was noncommittal on specific policies.
By Alex Daniels and Megan O’Neil