Poll: Wealthy to Leave Most for Kids, Little for Charity
While billionaire philanthropists like Bill Gates and Warren Buffett have made well-publicized pledges to donate most of their wealth, U.S. millionaires largely plan to bequeath the vast majority of their money to their children and devote less than 10 percent to philanthropy, according to a CNBC survey of high-net-worth people.
MacArthur Foundation Pullback on Housing Worries Advocates
After spending $271 million over the past 15 years to study and create affordable housing — more than a quarter of it in its hometown of Chicago — the John D. and Catherine T. MacArthur Foundation is winding down such investments, reports the Chicago Tribune.
Crowdfunding for Disaster Aid Hits New High With Nepal Quake
The Nepal earthquake has given rise to an unprecedented surge in small online fundraising campaigns, focusing attention on the efficacy of such crowdfunded charity, NPR reports.
Gates Foundation Launches New Child-Mortality Effort
The Bill & Melinda Gates Foundation will put $75 million into an effort to create and dispatch disease-surveillance teams to poor countries to plumb the causes of child deaths and possibly spot emerging outbreaks, The New York Times reports.
Fla. Grants Millions to Charity Led by Lobbyist’s Daughter
Lauren’s Kids, a child-abuse nonprofit founded by the daughter of one of Florida’s most prominent lobbyists, has received nearly $7 million in legislative appropriations in the last four years, far more than other children’s charities, according to investigative news site Florida Bulldog.
Foundations Take Broad Approach to Reducing Racial Inequalities
Grant makers support an interconnected web of programs including improved health care and an overhaul of the criminal-justice system.
By Alex Daniels
Contributor
S.C. Museum’s Fundraising Holds Strong During Closure
The Gibbes Museum of Art offers lessons on how it kept the cash flowing while an entire facility is closed for renovations.
By Holly Hall
Contributor
Charities Can Now Get Dot-NGO and Dot-ONG Web Addresses
Charities that register can create profile pages in a new directory for nonprofits, where they can also accept online donations.
By Rebecca Koenig
Contributor
Chelsea Clinton Defends Foundation Before Global Initiative Meeting
As business, political, and philanthropic leaders gathered in Marrakesh for the first Clinton Global Initiative meeting focused on Africa and the Middle East, Chelsea Clinton said there is a “political dimension” to the controversy over multimillion-dollar gifts from foreign governments and corporations to her family’s foundation, The Washington Post reports.
Wounded Warrior Project a Legal ‘Bully,’ Say Small Veterans Groups
The national veterans charity, with $235 million in annual revenue, has regularly trained its legal guns on much smaller organizations over their names and graphics, the Daily Beast writes.