Megagifts Rise in 2016, With 12 Topping $100 Million
Donations of $500 million by investor and art collector Nicolas Berggruen for his namesake think tank and by Nike co-founder Phil Knight and his wife, Penny, to the University of Oregon tied for the year’s biggest gift.
By Maria Di Mento
Senior Editor
Daily News Roundup: $140 Million From Gates Backs Anti-HIV Implant
Also, Bay Area charities face challenges in meeting the demands of Silicon Valley philanthropists, and the IRS eyes land-donation deals structured to give investors big tax breaks.
Daily News Roundup: Boston Charity Chief Got $1.34 Million Pay Boost
Also, major global aid groups weigh in on their priorities and expectations for 2017, and a Washington Post reporter gives an inside account of his investigation of Donald Trump’s philanthropy.
Grants Roundup: $20 Million From St. David’s Foundation Supports Tex. Health Care
Other notable awards include $2.5 million from the California Institute for Regenerative Medicine to develop new arthritis treatments.
By Rebecca Koenig
Contributor
Daily News Roundup: Michelle Obama Slur Costs Job for W. Va. Nonprofit Head
Also, Donald Trump tweets a defense of his charitable foundation, and safety-net hospitals brace for financial fallout if the Affordable Care Act is repealed.
New Postal Rates Will Boost Costs for Charities
The changes, which take effect January 22, also include designating standard mail as “marketing mail,” prompting worries that more solicitations will go straight into the trash can.
By Timothy Sandoval
Contributor
Daily News Roundup: Trump Plan to Close Foundation Faces N.Y. Roadblock
Also, the United Way struggles amid major changes in how people give, and a big dialysis charity is accused of favoring patients from clinics that donate to the group.
New Fund Offers Speedy Grants in Response to Trump Victory
Two donor networks teamed up to create a fund designed to quickly distribute money to nonprofits and activists working to protect vulnerable people.
By Rebecca Koenig
Contributor
Daily News Roundup: Eric Trump to Stop Fundraising for His Foundation
Also, a look at a supposed human-rights nonprofit that may have been a front to spy on charities critical of Qatar’s treatment of migrant construction workers.
Daily News Roundup: Fledgling Charity Pulls Offer to Big Donors of Time With Trumps
Also, Google’s giving arm donates $30 million for nonprofits to meet tech needs, and British charity regulators rule that Jediism is not a religion.