U. of San Diego Lands $75 Million for STEM Programs
Plus, MacKenzie Scott strikes again with another $65 million gift, financier Michele Kang gives U.S. Soccer $30 million for women’s and girls’ programs, and U.S. veterans and their families will benefit from a new $25 million donation from the founder of Craigslist.
By Maria Di Mento
Senior Editor
Buffett Continues Thanksgiving Tradition With $1.2 Billion to His Kids’ Foundations
By pouring huge sums into his family’s foundations, Warren Buffett shows trust in his three children to give away his $151 billion fortune.
By Maria Di Mento
Senior Editor
With House Passage of ‘Stop Terror-Financing Bill,’ Charities Fear Being Targeted
Despite opposition from a wide range of nonprofits, lawmakers in the U.S. House passed a bill designed to give the Treasury Department unilateral authority to strip the tax-exempt status of nonprofits it claims support terrorism.
By Alex Daniels
Senior Editor, Foundations
Tackling the Root Causes of Homelessness
Susan Thomas of the Melville Charitable Trust argues that homelessness and structural racism are intrinsically linked, both historically and today.
Conservation Grant Maker Nia Tero Names First Indigenous CEO
Also, Feed the Children has tapped its next president and CEO, and the Weitzman National Museum of American Jewish History appointed an Israeli museum CEO as its new leader.
By M.J. Prest
Senior Editor, Solutions
House Passes Bill That Would Allow Treasury to Target Nonprofits It Deems to Support Terrorism
The proposal, which now goes to the Democratic-controlled Senate where its fate is uncertain, would also postpone tax filing deadlines for Americans held hostage or unlawfully detained abroad.
By Thalia Beaty and Farnoush Amiri
Associated Press
Volunteers Came Back to Nonprofits In 2023, After the Pandemic Tanked Participation
A new survey asked if respondents volunteered at a nonprofit or if they informally helped friends, family or neighbors or gave to charity.
By Thalia Beaty
Associated Press
With revenues down and costs rising, a growing number of nonprofits are cutting budgets, laying off staff, and even closing their doors.
By Jim Rendon
Executive Editor
Nonprofits Oppose Bill That Would Give Treasury Unilateral Power to Revoke Tax-Exempt Status
Proponents say the bill is designed to punish nonprofits that support terrorist organizations. Critics worry it will give the executive branch the power to target ideological opponents.
By Ben Gose
Senior Editor
J.B. Hunt Foundation Pledges $100 Million to U. of Arkansas for Scholarships
Plus, the Bezos Day 1 Families Fund gave $110.5 million to 40 organizations to address homelessness, and the Hellman Foundation pledged $2.5 million to support women’s Olympic cycling programs.
By M.J. Prest
Senior Editor, Solutions