For-Profit Grand Canyon University Nixes Nonprofit Shift
Grand Canyon Education Inc. abandoned plans to convert to nonprofit status after the move was rejected by its accrediting body, The Chronicle of Higher Education and The Wall Street Journal report.
Florida Congresswoman Linked to Fraudulent Nonprofit
Representative Corrine Brown hosted a 2013 charity golf tournament that benefitted a supposed education charity whose leader pleaded guilty last week to fraud, the Orlando Sentinel reports.
How Billionaire Donor Rubenstein Has Fought to Save Tax Loophole
Financier David Rubenstein has benefitted from — and fought against closing — what’s known as the carried-interest tax loophole, which critics say perpetuates economic inequality, according to The New Yorker and ProPublica.
Zuckerberg Says New Education Efforts Will Build On Lessons From the Past
Facebook co-founder Mark Zuckerberg tells Education Week that the next phase of his education philanthropy, supported by the Chan Zuckerberg Initiative, will focus on schools in San Francisco’s Bay Area and new approaches to personalized learning around the country.
Facebook Is Battleground in Family Feud Over Late Whitney Museum Trustee’s Will
Melva Bucksbaum’s children and widower, also a Whitney trustee, are waging a public battle over her $100 million estate, Vanity Fair reports.
Museums Increasingly Turn to Art Galleries to Support Exhibitions
Art galleries are feeling pressured by nonprofit museums to provide financial support for exhibits that feature artists the galleries represent, according to The New York Times.
British Businesses Gave Less to Charity in 2014 Than in 2013
Donations by Britain’s largest companies declined by 17 percent in 2014 from the year before, The Financial Times writes, citing a report by the Charities Aid Foundation.
Gifts Roundup: $20 Million to Colorado State U. From a Racehorse Breeder
Other recent gifts include $15 million to San Jose State U. for student aid and programs and $1 million to the U. of Virginia for its baseball program.
By Maria Di Mento
Senior Editor
How a Grant Maker Helped Okla. Get Coveted Bob Dylan Archives
New York was the more obvious choice for the music legend, but the George Kaiser Family Foundation helped the University of Tulsa score a huge cultural coup through a series delicate negotiations, according to The Chronicle of Higher Education.
Effort to Shame Mott Foundation Is Well-Timed, Expert Says
An advertisement slamming the grant maker for hypocrisy in its approach to the environment may yet yield results, even though the foundation didn’t immediately respond to criticism of its holdings in U.S. Sugar, says one expert.
By Ben Gose
Senior Editor