Daily News Roundup: Congress Moves to Restrict IRS Oversight of Nonprofit Politicking
Language in House spending bills would bar the agency from using appropriated funds to scrutinize “dark money” 501(c)(4) groups. Also, how a federal investigation of antiquities imports by Hobby Lobby could affect the new Bible museum backed by the store chain’s owners.
Daily News Roundup: Finance Titan’s Charity Sues to Recoup $25 Million Fraud Loss
Hedge-fund billionaire Louis Bacon’s foundation was ensnared in a Ponzi-like scheme orchestrated by a Wall Street peer. Also, Turkish police detain the head of the country’s Amnesty International chapter, and Oscar winners create virtual-reality experiences for charity.
Daily News Roundup: Charities Got $200 Million From Suspect in Massive Malaysia Fraud
Also, Leonard Lauder reaffirms his $1 billion art pledge to the Metropolitan Museum of Art amid the institution’s organizational upheaval, and the head of the Obama Foundation talks about the postpresidential charity’s goals for boosting civic engagement.
Grants Roundup: Microsoft Gives $25.8 Million for Markle Fund Jobs Program
Other notable awards include $5 million from Taube Philanthropies for the Museum of the Jewish People in Israel.
Immigrant-Led Soccer Program Helps Refugees Find Their Footing in America
Luma Mufleh felt moved to start coaching a ragtag group of kids she spotted playing barefoot in their strange new surroundings. What followed was an improbable journey to create something that could lift them to acceptance.
Nonprofits Experienced at Surviving Funding Cuts Share Their Strategies
As President Trump’s administration pushes for big reductions in federal spending, five charities tell how they learned to do more with less.
Nonprofits’ Research Knits Bonds Among Descendants of Georgetown Slaves
Researchers are helping hundreds of African-Americans find heretofore unknown relatives and come to grips with their ancestors’ suffering.
GoDaddy Billionaires Steer Tech Fortune to Groups That ‘Really Need Us’
Renee and Bob Parsons plan to rev up their giving to shed most of their $2.7 billion to help veterans, women, the underprivileged, and others.
Gifts Roundup: Brandeis and Museum of Modern Art Land $50 Million Donations
Other notable gifts include a $20 million matching pledge to Washington University in St. Louis from alumnus and former aerospace executive John McDonnell.
Museum Salaries Have Risen 3 Percent, Survey Shows
The report by the Association of Art Museum Directors also shows that chief operating officers saw their pay increase the most.