Ford Shifts Grant Making to Focus Entirely on Inequality
America’s second biggest grant maker will also double the share of grants it gives for operating support.
By Alex Daniels
Contributor
Bill Clinton Could Quit Foundation if Hillary Elected
In an interview Wednesday at the Clinton Global Initiative conference in Denver, the former president said he will exit the charity he founded after leaving the White House if Hillary Clinton is elected president and asks him to step down, Bloomberg and the Associated Press report.
Dallas Hospital Gets $25 Million to Link Research and Care
Businesswoman Lyda Hill’s gift to the University of Texas Southwestern Medical Center will establish a Department of Bioinformatics to analyze large data sets and apply the findings to developing new treatments, the Dallas Morning News and Dallas Business Journal write.
Israeli Leaders Mull New Rules for Foreign-Funded Nonprofits
Prime Minister Benjamin Netanyahu’s new government is proposing legislation aimed at clamping down on nonprofit groups that take foreign donations and criticize the country’s policies and actions, particularly with regard to the Palestinian cause, reports Reuters.
Car-Rental Mogul Gives $92.5 Million to St. Louis Groups
Enterprise founder Jack Taylor and his family have announced $92.5 million in gifts Wednesday to 13 mostly St. Louis-based cultural institutions and charities, reports the St. Louis Post-Dispatch, including donations of $30 million and $25 million to support St. Louis’s biggest park and most iconic monument.
Detroit Looks to Draw More Foundations Into City’s Revival
The Detroit News profiles Ryan Friedrichs, the city’s newly installed chief development officer, and his work to keep philanthropic aid coming in the wake of the foundation-driven “grand bargain” that helped lift Detroit out of insolvency.
What Could $400 Million Harvard Gift Accomplish Elsewhere?
In the wake of John Paulson’s $400 million donation last week to endow Harvard University’s School of Engineering and Applied Sciences, The Chronicle of Higher Education looks at the impact such a gift could have at other institutions.
Charity Leader Switches Banks Over Ad With Same-Sex Couple
Franklin Graham, the son of famed evangelist Billy Graham and CEO of Christian aid charity Samaritan’s Purse, is pulling accounts for his nonprofit groups from Wells Fargo to protest a commercial for the bank featuring a lesbian couple, The Charlotte Observer reports.
Va. Court Blocks Controversial Closure of Private College
The Supreme Court of Virginia has put a temporarily hold on plans to shutter Sweet Briar College, buoying students and alumni who have rallied to keep the 114-year-old women’s school open, reports The Wall Street Journal.
British Charity Regulator Sees Spike in Solicitation Complaints
The agency that sets fundraising guidelines for British charities has seen complaints from the public skyrocket amid an outcry over solicitation tactics following the death last month of a 92-year-old woman who was heavily targeted for appeals, reports the Press Association.