Project Aims to Track Role of Children in Philanthropy
YouthGiving.org has so far documented $14.7 million in grant funding directed by kids, some of them preteens, who have participated in advisory committees and worked for family foundations.
By Rebecca Koenig
Contributor
Trump Used Foundation Money for Charity-Auction Purchase
Tax experts tell The Washington Post the presumptive Republican presidential nominee’s use of Donald J. Trump Foundation funds to cover the $12,000 bid for sports memorabilia at a Susan G. Komen benefit four years ago may have violated Internal Revenue Service rules on “self-dealing” by charities.
New CEOs at Greater New Orleans and National Park Foundations
Also, a longtime vice president at the Evelyn and Walter Haas, Jr. Fund and the editor of Education Week step down.
By ANAIS STRICKLAND
Contributor
160 Million Americans Will Soon Be Able to Raise Money for Charity on Facebook
A new tool will let users create dedicated pages to run fundraising campaigns with photos, videos, and write-ups introducing friends and relatives to nonprofits they like.
By Megan O’Neil
Contributor
Prospects Still Dim for Ex-Va. Governor’s Slavery Museum
Former governor Douglas Wilder’s attempt to resurrect his planned United States National Slavery Museum in Richmond, Va., appears no closer to fruition than his original proposal, which foundered after more than two decades of planning and fundraising, writes The New York Times.
$75 Million Perelman Gift Backs New N.Y.C. Arts Center
The donation announced Wednesday by billionaire businessman Ronald Perelman revivifies long-gestating efforts to include a multidisciplinary performance venue in the redevelopment of the World Trade Center site, The New York Times writes.
Tech Money Gets Behind ‘Accelerator’ for Nonprofit Startups
Fast Forward, which assists nonprofits developing products and data analytics to address social problems, has drawn $1.25 million in philanthropic funding from a roster of tech and venture-capital heavyweights that includes Google.org and the Omidyar Network, TechCrunch writes.
L.A. Voters to Decide on $1.2 Billion Fund to Help Homeless
The Los Angeles City Council voted unanimously Wednesday to put a bond measure aimed at financing a decade’s worth of programs to combat the city’s homelessness crisis on the November ballot, reports the Associated Press.
U. of Maryland Foundation Joins Fossil-Fuel Divestment Push
The university affiliate that oversees the system’s $1 billion endowment will withdraw all direct investments in coal, oil, and natural gas and appoint a staff member to focus on financial opportunities in renewables, The Baltimore Sun reports.
Study Gives Top Human-Rights Groups Low Marks on Transparency
Human Rights Watch, the United States Institute of Peace, and the Open Society Foundations ranked near the bottom in the study by watchdog group Transparify, which rated 200 think tanks and advocacy nonprofits on their level and quality of donor disclosure, the Thomson Reuters Foundation writes.