Experts Question Tax Handling of Gifts to Clinton and Trump Charities
Tax experts tell The Huffington Post that some speaking fees Donald Trump and Hillary Clinton passed on to family charities should have been reported by the presidential candidates as personal income because they were donations given in return for a service.
Veterans-Charity Watchdog Downgrades Wounded Warrior Project
A nonprofit that evaluates veterans and military-related charities for the public has removed the controversial Wounded Warrior Project from its list of accredited organizations, The San Diego Union-Tribune reports.
Increasingly Popular Crowdfunding Sites Lack Oversight
For-profit crowdfunding sites like GoFundMe and YouCaring helped ordinary people raise billions of dollars last year, but a lack of accountability leaves the public vulnerable to nefarious actors, The Wall Street Journal reports.
Met Museum Will Reword Signs in Deal on Admission Donations
Signs at New York’s Metropolitan Museum of Art will change to say that a $25 donation for admission is “suggested,” not “recommended,” as was previously the case, The New York Times and Hyperallergic report. The museum was sued in 2013 by a member and two tourists who said the vague signage misled visitors about the museum’s pay-what-you-wish admissions policy.
Advice on How Mark Zuckerberg Should Donate $45 Billion
After gathering thoughts from 40 researchers, fundraisers, foundation staff, and philanthropists about donations that have failed and those that have produced great results, Michael Hobbes sums up in the Huffington Post how the Facebook co-founder should give away his billions.
Flint, Mich., Benefits From Oscar-Night Event and Anonymous Corporate Gifts
High-profile African-American actors, directors, and musicians held a #JusticeForFlint event Sunday, according to The Hollywood Reporter, and newly released emails show that Clorox and Meijer anonymously donated water filters to the city in 2015, reports WZZM 13.
Ala. Nonprofits Find Ways to Cope Despite Short Tourist Season
Nonprofits up north, like the Alaska Zoo, use creative ideas to bring in more money despite a long winter, reports Marketplace.
Gifts Roundup: $400 Million to Stanford U. From Nike Co-Founder
Other recent gifts include $10 million to Georgetown U. for a program on the Holocaust and $3.5 million to Drexel U. to help autistic youths transition to adulthood.
By taking a leap of faith, these groups have increased unrestricted gifts, raised more money, and benefited in other ways.
3rd Generation of Walton Family Makes Sharp Turn in Giving
The grandchildren of Walmart’s founder are taking a deeper interest in the specifics of their philanthropy than their parents did — and they have some new approaches in mind for the environment, education, and other causes.