Gifts Roundup: $20 Million Donation to Dartmouth College for Math Education
Also included is a contribution of 1,000 acres of land in celebration of David Rockefeller Sr.’s 100th birthday.
By Maria Di Mento
Senior Editor
Surprise! A High-Efficiency Rating Can Hurt Giving
Researchers at George Mason University find that some people may dial back donations to well-run charities, perhaps because they believe those nonprofits can do more with less.
By Alex Daniels
Senior Editor, Foundations
Silicon Valley vs. Philanthropy
Charities are clamoring for the support of tech moguls, whose elusive giving patterns may fundamentally change the nonprofit world.
By NICOLE WALLACE
Features Editor
$187-Million Fraud Case Puts Charities on the Defensive
Some charities are calling for regulators to do more to weed out abuse, while others say nonprofits themselves need to do more to call attention to con artists.
By SUZANNE PERRY
Contributor
Yogurt Mogul Is Latest Billionaire to Make Giving Pledge
Hamdi Ulukaya, the founder and chief executive of yogurt maker Chobani, tells the Associated Press that he will donate at least half of his fortune, estimated at $1.41 billion.
Wall Street Holds Growing Sway on Charity Boards, Study Finds
The percentage of nonprofit board members who come from the finance industry has more than doubled in the past 25 years, changing not just the face but also the values of the charity world, CNBC reports, citing a new academic paper.
Longtime Clinton Friend Earned $10,000 a Month at Foundation
The Clinton Foundation paid Sidney Blumenthal for staff and consulting positions from 2009 until a few months ago, a tenure that included the period when he sent emails to then-Secretary of State Hillary Clinton with purported intelligence on Libya, according to Politico.
Ford Trustees to Hold 1st Detroit Meeting in 67 Years
Underlining the Ford Foundation’s support for Detroit’s post-bankruptcy recovery efforts, the head of the country’s second-largest philanthropy said Thursday that its board will meet in the city for the first time since 1948, reports The Detroit News.
San Diego Attorney’s Nonprofit Network Under Scrutiny
A prominent San Diego environmental lawyer and his firm have filed suit on behalf of more than 30 nonprofits, almost all of them established and led by him, his relatives, or close associates, that appear to flout state and federal regulations on governance and reporting, according to investigative news site inewsource.
Seattle University and U. of Minnesota Get Major Gifts
Seattle University has received an anonymous $30 million donation to support its new Center for Science and Innovation and endow scholarships, the Associated Press writes, and two University of Minnesota alumni are giving $17 million to their alma mater, primarily fro construction of a planned athletic village, reports the Star Tribune.