An Advocacy Group Gives Crime Victims a Voice in Prison Policy
Californians for Safety and Justice, which advocates for trauma centers for victims and changes in sentencing, is expanding nationally.
By Rebecca Koenig
Contributor
For a Chicago Businessman, Philanthropy Is a Team Sport
A love of basketball helped lead John Rogers Jr. into the game of philanthropy. Now one the nation’s most admired money managers, he hopes to spread the wealth to kids struggling to achieve the American dream.
By Nicole Lewis
Contributor
Atlantic Philanthropies Pledges $197 Million for Fellowship and Institute
The move comes as the foundation started by Irish-American businessman Chuck Feeney pushes to spend all of its money by the end of 2016.
By Megan O’Neil
Contributor
Trump Blasts Media for Scrutiny of Giving to Veterans
The presumptive Republican presidential nominee offered details Tuesday on the disbursement of millions of dollars he raised for veterans charities at a campaign-trail event in January, while railing against the press for raising questions about the truth and timing of his philanthropic claims, The Washington Post reports.
Big Medical Charities See Yield From Biotech Investments
Groups like the Bill & Melinda Gates Foundation and the Wellcome Trust are becoming important sources of capital for fledgling firms working on new drugs and diagnostic tools and are seeing big profits on some investments, Reuters reports.
Survey Finds Pa. Charities Paid Dearly in State Budget Fight
Pennsylvania nonprofits shed hundreds of jobs and lost hundreds of thousands of dollars to interest payments on bridge loans as a result of a budget impasse that blocked the flow of state money for six months last year, the Pittsburgh Post-Gazette reports.
Aid Charity Swears Off E.U. Money to Protest Migrant Deal
Doctors Without Borders says it will refuse all future funding from the European Union in protest of the bloc’s pact with Turkey to take back migrants landing in the Greek islands, writes The Wall Street Journal.
New Health Networks Championed by Obama Denied Tax Exemption
The Internal Revenue Service turned down a bid for tax-exempt status by an accountable care organization, saying it did not serve an exclusively charitable purpose, creating a major hurdle for the new type of medical network promoted by the administration as part of its health-care reform, The New York Times writes.
Gifts Roundup: $15 Million to 92nd Street Y to Boost Social Innovation
Other notable gifts include $35 million to the University of Chicago’s center for entrepreneurship and $15 million for a new University of Southern California residence hall.
By Maria Di Mento
Senior Editor
27% of Groups Scored by Charity Navigator Will See Ratings Change
The watchdog is revising its system for evaluating charities’ financial health, adding new criteria and changing others.
By Eden Stiffman
Senior Editor