Daily News Roundup: College Donor’s Ex-Wife Seeks to Recoup Gifted Millions
The former spouse of a major Worcester Polytechnic Insitute benefactor claims in a lawsuit that donations from her ex included money hidden from her during divorce proceedings. Also, authorities in Turkey and India target major international aid charities.
In Toxic Political Climate, Nonprofits Increase Security
Recent bomb threats and other incidents underscore charities’ need for enhanced security — but paying for more protection can be tough.
International Charities and Civil-Rights Groups Fight New Trump Travel Plan
Some nonprofits worry about their efforts to resettle refugees in the United States. For other organizations, the travel ban complicates their work.
Daily News Roundup: Russian Hackers Seek Hush Money From Liberal Groups
The organizations have been asked to pay ransoms in the form of untraceable Bitcoins. Also, the bulk of a biotech billionaire’s $12 million gift to a college has benefited a company he owns.
Increasingly stocked with well-paid, well-educated leaders and staffs, the nonprofit world risks disconnecting with middle- and working-class Americans.
Tackling Diversity in a New Way
These organizations are rethinking hiring, salary, and even internships to add people of modest means to their ranks.
A Foundation Executive’s Life Lessons
Raised in poverty, Rodney Christopher now makes decisions on granting and investing millions. He says much of the philanthropic world places little value on his life experience.
Most large grant makers give about 5 percent of assets annually, according to a Chronicle analysis. Critics say they should do better. Plus, see our interactive guide to giving rates at the nation’s biggest foundations.
Alaska Natives Build Drones and Self-Confidence
There were very few indigenous Alaskans working as scientists and engineers before a college-based program helped boost their numbers.
How Big Foundations Stay Big: An Interactive Guide to Giving Rates
By law, private foundations must distribute at least 5 percent of their assets each year. This analysis of nearly 30 of the biggest foundations shows few choose to exceed that amount.