Phil Knight to Pledge Most of $25 Billion Fortune to Charity
The 78-year-old Nike co-founder says most of his wealth will be given away over the course of his, his children’s, and his grandchildren’s lifetimes, The Oregonian reports, citing an interview with Mr. Knight set to air on CBS this weekend.
Ford Foundation Head on ‘Time’ List of 100 Influence Leaders
Darren Walker’s moves to steer the country’s second-largest grant maker toward a focus on inequality and inclusion won him a spot on Time magazine’s 2016 list of the world’s most influential people.
New Leaders for Sempervirens Fund and Pledge 1%
Personnel changes were also announced at Change.org and the United Way of New York City.
By anais.strickland
Contributor
N.Y.’s Metropolitan Museum to Trim Staff As Deficit Grows
The art museum said Thursday that job and programming reductions and a slowdown on construction of a new wing are likely as part of a two-year restructuring to address a rising tide of red ink, The New York Times reports.
L.A. Hospital to Pay $450,000 for Alleged Patient Dumping
The settlement agreement arises from city officials’ charge that Good Samaritan Hospital released a homeless man with only a bus token after treating him for a foot injury in late 2014, the Los Angeles Times reports.
More Nonprofits Hang Out ‘Now Hiring’ Signs
Fifty-seven percent of groups say they will add positions this year, and fundraisers are the most sought-after professionals.
By Megan O’Neil
Contributor
David Geffen Gives $100 Million to the Museum of Modern Art
The billionaire art collector’s urestricted gift will go toward expanding and renovating the museum, reports The New York Times.
Judge OKs Deal Creating $265 Million Native American Trust
The federal discrimination settlement approved Wednesday will distribute more than $300 million to nonprofits serving Native American farmers and ranchers, most of it through a new philanthropy, The Washington Post reports.
Amazon Teams With Charity to Open Seattle Homeless Shelter
The Internet giant is turning an unused building in the midst of its growing Seattle headquarters into a temporary 200-bed refuge for homeless families in a move city officials hailed as a harbinger of greater civic engagement by the company, writes The New York Times.
Study Looks Into Foundation Interests in Funding Nonprofit News
More than half of philanthropies that financially support nonprofit journalism outlets specify funding for coverage of topics on which they also seek to influence public policy, according to a new American Press Institute report, nonprofit news service Current writes.