Tech Billionaire’s Foundation Pledges $250 Million for Cancer Research
The commitment from Napster founder Sean Parker’s foundation will open an institute for the study of cancer immunotherapy, where six major institutions will share scientists and findings, reports USA Today.
16 Nonprofits That Defy Fundraising Logic – and Make It Work
A new report shows how some groups are raising more by doing away with the position of development director, using people with unconventional backgrounds to raise big gifts, and other surprising strategies.
By Drew Lindsay
Senior Editor, Special Projects
Most Wealthy Donors Unaware of Alternative Giving Methods, Study Says
Even those who knew about alternative forms of donating tend to stick with cash, checks, or credit cards.
By Maria Di Mento
Senior Editor
Teach for America Recruitment Down Again by Double Digits
Applications to the nonprofit that sends new college graduates into low-income communities for two-year teaching stints fell by 16 percent this year, the third consecutive double-digit decline, The Washington Post reports.
Google Gives $20 Million for Tech Efforts to Aid Disabled
The grants by Google.org, the Internet giant’s philanthropic arm, support organizations developing innovations to improve the lives of disabled people in areas such as mobility and communication, Wired writes.
New York to Consolidate Welfare and Homelessness Agencies
Mayor Bill de Blasio said reuniting the city’s Department of Homeless Services and Human Resources Administration would offer a “new vision” for tackling entrenched homelessness, reports The New York Times.
Bruce and Suzie Kovner Receive 2016 Simon Philanthropy Prize
The hedge fund mogul and his wife were honored by Philanthropy Roundtable for their giving to support school reform, arts education, and other causes.
Despite New Ways of Giving, Grant Makers Say No Big Shift Is Afoot
Philanthropy is awash with new approaches to promoting change, but attendees at a gathering of grant makers questioned whether any of them are game-changers.
By Alex Daniels and Rebecca Koenig
How Philanthropy Contributes to Wealth Inequality
In a conversation on the Tiny Spark podcast, Pablo Eisenberg, a veteran nonprofit activist and Chronicle columnist, says only 5 to 8 percent of the money philanthropy doles out goes to the neediest people.
By amy costello
Contributor
‘Panama Papers’ Law Firm Used Red Cross Name to Hide Origin of Funds
The law firm at the center of an international offshore-accounts scandal used the names of charities, such as the Red Cross, to conceal the origin of millions of dollars in questionable accounts, according to the Associated Press. There is no indication that the charities knew the firm was using their names.