Daily News Roundup: Prominent White Nationalist Group Loses Nonprofit Status
The Internal Revenue Service penalized “alt-right” leader Richard Spencer’s National Policy Institute for failing to file tax returns for several years. Also, bomb threats alter daily life at Jewish community centers, and the White House solicits reporters’ advice on donating President Trump’s pay.
Many Midlevel Donors Are Being Ignored, Report Finds
Nonprofits often lack communication strategies tailored to supporters who make gifts of $1,000 to $5,000.
By Eden Stiffman
Senior Editor
Daily News Roundup: ACLU Goes to Grass Roots in Anti-Trump Campaign
The nonprofit is aiming to channel its swelling coffers and membership ranks into a national direct-action movement. Also, a fire-safety charity takes heat for seven-figure executive salaries, and hospitals worry that replacing Obamacare will undo a drop in charity-care costs.
Also, $50 million from Paul Allen and Microsoft endows the University of Washington’s computer-science school, and a $25 million donation expands the Mayo Clinic’s Jacksonville branch.
By Maria Di Mento
Senior Editor
Daily News Roundup: Top Fla. Lawmaker Targets University Foundations
Spending on salaries and travel by Florida campuses’ fundraising affiliates comes in for legislative scrutiny. Plus, public-broadcasting leaders face a fight for continued federal funding, and a hedge-fund veteran brings high-velocity trading to his family philanthropy.
Grist and American Zionist Movement Name New Top Executives
In other personnel moves, the Robert Wood Johnson Foundation’s departing president takes a faculty post at Penn and the head of the Alliance for Nonprofit Management steps down.
By anais.strickland
Contributor
Demand for Information on Harvard Gift Raises Thorny Issues for Fundraisers
In a case that should raise warning signs for fundraisers, a federal judge overseeing an investor-fraud case has ordered the university to provide testimony and documents showing how a donor sent the institution money.
By HEATHER JOSLYN
Contributor
Daily News Roundup: Donors Can ‘Profit’ on Trump-Backed Tax Break
A school-choice option built on tax credits and touted by the president carries big financial benefits for wealthy donors, according to a new study. Also, a maker of grants-management software secures $16 million in venture capital, highlighting investor interest in nonprofit tech.
Philanthropy to the Developing World Outpaces Government Aid
U.S. private philanthropy to developing countries totaled $43.9 billion in 2014, far outstripping the $33.1 billion the U.S. government spent, according to the Center for Global Prosperity at the Hudson Institute.
By Maria Di Mento
Senior Editor
Grants Roundup: William Penn Foundation Donates $15 Million for Park Project
Other notable awards include $10 million from the Bob & Renee Parsons Foundation and $1.1 million from Got Your 6 and Macy’s for programs that help veterans.
By Rebecca Koenig
Contributor