MacArthur and Chicago Community Trust Back New Fund to Spread Impact Investing
Working with the Calvert Foundation, the groups hope to attract $100 million for projects in Chicago.
By Alex Daniels
Contributor
Donated Items Can Complicate Disaster Relief, Aid Groups Say
Relief workers who responded to emergencies such as the 2012 Sandy Hook school shooting and the 2004 Indian Ocean tsunami tell CBS News about how well-intentioned but superfluous material donations can get in the way of humanitarian efforts.
Barack Obama Foundation Adds Three Board Members
The new additions are major donors to the organization charged with building the planned Obama museum and library and have close ties to the first family, reports the Chicago Sun-Times.
Chief Fundraiser at UC San Diego Resigns
Steve Gamer is leaving the University of California campus roughly two years after he was brought on to lead a $1.5 billion capital campaign, the largest in the college’s history, according to The San Diego Union-Tribune.
GiveDirectly Co-Founder Touts Plan for Cash Aid to Poor
NPR talks to Michael Faye, co-founder of GiveDirectly, about the charity’s philosophy favoring cash gifts to poor people over traditional aid programs and its ambitious plan to test the concept by providing a basic income to thousands of East Africans over a decade.
Small Minneapolis Nonprofit Making Big Political Waves
Neighborhoods Organizing for Change has won some big victories on inequality issues and become a major voice in Minnesota politics, reports the Minneapolis Star Tribune.
Founder of African Orphanage Wins Prize in Memory of Armenian Genocide
Marguerite Barankitse, who saved thousands of Burundian children from genocide in the 1990s, was announced Sunday as the winner of the Aurora Prize for Awakening Humanity, an award created in memory of the Armenian genocide, The New York Times reports.
Gifts Roundup: Museum of Modern Art Gets $100 Million; $47 Million for Catholic University
Other big donations announced recently include $22.6 million for athletics at Villanova and $19.7 million to the University of Vermont.
By Maria Di Mento
Senior Editor
IRS Issues Rules Favorable to Foundations on Program-Related Investments
The new regulations are designed to encourage grant makers to make investments in areas such as education and the environment that can result in societal benefits and simultaneously generate income.
By Alex Daniels
Contributor
In Lawsuit Over Koch Charity, Calif. Regulators Lose Bid to Demand Donor Names
A federal judge ruled that the state had not done enough to protect the confidentiality of donor identities and violated free-speech rules.
By SUZANNE PERRY
Contributor