Gifts Roundup: 2 Donations of $50 Million to Universities
Other gifts supported the humanities, civil-war history, medical research, and more.
By Maria Di Mento
Senior Editor
USC Builds Fundraising Juggernaut for $6 Billion Campaign
In pursuit of an ambitious $6 billion target, the University of Southern California has built a powerful development operation that reaches far beyond its Los Angeles campus, the Los Angeles Times writes.
Charity Says Tom Brady Donated Salem State Speaking Fee
The football star divvied up his controversial $170,000 fee for an appearance at the northeastern Massachusetts school among multiple nonprofits, The Boston Globe reports, citing one of the groups he backed.
Bloomberg’s Gun-Control Group Financing Nonprofit Newsroom
Everytown for Gun Safety, a firearms-control organization backed by billionaire philanthropist and former New York Mayor Michael R. Bloomberg, is preliminarily funding the Trace, a nonprofit news Web site focused on gun violence, writes The New York Times.
Deal to Keep Private Va. College Open at Least 1 More Year
Virginia Attorney General Mark Herring announced a settlement Saturday that, pending court approval, will avert the planned closure of Sweet Briar College for at least another academic year, The Chronicle of Higher Education and The New York Times report.
Zuckerberg-Backed Newark Schools Fund Has $30 Million Left
The $200 million charity launched with Facebook CEO Mark Zuckerberg’s 2010 mega-donation to overhaul the school system in Newark, N.J., has one year left and $30 million left to spend, NJ Spotlight writes in a rundown of the Foundation for Newark’s Future’s work to date.
India Eyes Tighter Oversight of Nonprofits’ Foreign Funding
New rules proposed by New Delhi would require banks to quickly notify the government of international money transfers to domestic nonprofits and would restrict how groups use the money, The Wall Street Journal writes.
Influential Director Transformed a Training Ground for Young Leaders
Tricia Tchume is stepping down as national director of the Young Nonprofit Professionals Network after steering the group away from a focus on climbing the traditional career ladder.
By Megan O’Neil
Contributor
New Blog Examines Today’s Philanthropy by Comparing It With the Past
HistPhil was founded by three historians of how the wealthy give.
By Alex Daniels
Contributor
Tom Brady Payment Shines Spotlight on College-Foundation Spending
The Salem State University Foundation has been criticized for its payment of $170,000 to the New England Patriots quarterback for an hourlong appearance — more than half of what it spent last year on scholarships, The Boston Globe reports.