Daily News Roundup: The Rich Differ With Advisers on How Tax Law Will Affect Giving
About 58 percent of wealthy people say tax policy won’t change their giving, but wealth managers and others disagree. In other articles, American women are rushing in to help separated families; some migrant families are reunited at a nonprofit in Texas; after being fired over sexual-harassment allegations, KIPP co-founder starts new education group; Steve Bannon plans to set up a foundation to boost the far right in Europe; and other articles about innovation, the arts, young people, and more.
Daily News Roundup: Dozens of Fake Veterans Charities Pocket the Money They Raise, Says FTC
The Federal Trade Commission and others have worked together on more than 100 actions against phony nonprofits, which have collected tens of millions in cash and goods. In other articles, a Senate panel approved the Trump administration’s IRS nominee along party lines; a nonprofit for immigrants refuses $250,000 from Salesforce.com; resettlement charities fold or shift their focus as the number of migrants drops; plus more articles on innovation, nonprofits and the law, and opinion.
Producing Change Agents: How One Foundation Is Transforming Health Care
The Josiah Macy Foundation started funding midcareer professionals who had strong ideas and the clout to devise better ways to serve patients and society.
By PETER GOODWIN
Contributor
Daily News Roundup: N.Y. Is Investigating Trump Foundation, Sources Say
The state’s Department of Taxation and Finance is looking into whether the grant maker violated state laws. In other articles, the Interior Department is launching an inquiry into a real-estate deal linking the Zinke Foundation and the chairman of Halliburton; the arrest of alleged Russian agent Maria Butina has drawn attention to a firearms-advocacy group; and more news and features.
CEOs See Value in Diversity, but Their Nonprofits Fall Far Short, Survey Shows
The study by the Center for Effective Philanthropy also found that nonprofit hiring practices are not doing enough to help achieve diversity goals.
By Alex Daniels
Contributor
Foundations Break Their Grant Guidelines and Speed Cash to Immigrant Needs
Trump administration policies have prompted some grant makers to pump up their giving and stray outside their usual funding areas for an emergency response.
By Alex Daniels
Senior Editor, Foundations
Daily News Roundup: Treasury Defends Decision to Stop Requiring Some Groups to Disclose Donors
The Treasury Department says people can still find donor information from legally available sources. In other articles, the legal-services nonprofit Raices, which raised $20 million to help immigrant families, outlines its plans to pay the bonds for detained women and children; Bill Gates invests to try to speed up research on Alzheimer’s disease; and more about Bill Gates, government and politics and other news and features.
Also, the Wellcome Trust has committed $330 million for high-risk medical research, and the blockchain company Sunday Group is giving $5 million to UCLA for its new internet lab.
By M.J. Prest
Senior Editor, Solutions
Daily News Roundup: Donor-Disclosure Requirements Loosened for Some Groups
The Treasury Department says social-welfare groups and trade associations no longer have to disclose their donors. In other articles, the University of Louisville and its former president are fighting over whether he is entitled to the large payout he made when he stepped down; George Soros is worried about the future of liberal democracy; Warren Buffett gives $3.4 billion to the Gates Foundation and others; and more news about big donors.
Daily News Roundup: How a Sexual-Harassment Inquiry Went Wrong
In other articles, the Trump administration is making a new argument against the social safety net — that previous programs have already worked; the chairman of a Chinese conglomerate’s stake in the company is expected to go to a Chinese-based charity; real-estate gifts to colleges and universities are increasing; and much more news and opinion.
Daily News Roundup: Federal Grants to Care for Detained Kids Soar
Health and Human Service grants for providing shelter, foster care, and other services jumped from $74.5 million in 2007 to $958 million in 2017. In other articles, early ventures could shape the new federal “opportunity zone” program, which gives tax breaks to poor neighborhoods; the leader of a conservative group that says it aims to expose scientific fraud faces allegations of financial mismanagement and faked documents; and other news about innovation, big philanthropists, the arts, and more.
Daily News Roundup: $330 Million to Fund High-Risk Research in Life Sciences
The Wellcome Trust is setting up an independent group to provide money for research that is unlikely to get traditional grants. In other articles, the president of the Chan Zuckerberg Initiative’s education effort is leaving his post; Elon Musk has committed to paying for clean water in homes in Flint, Mich.; and more about nonprofits and government and other news.
Philanthropy’s Racism Problem Stems From Too Little Data
A small sliver of charitable giving goes to groups that specifically serve people of color. Collecting concrete numbers is the first step to setting things right.
By MELISSA SINES and Program Manager
A Community Foundation’s Anniversary Campaign Raised More Than $100 Million: Here’s How
The staff planned ahead, held multiple fundraising events, and understood their donors.
By Alex Daniels
Contributor
Daily News Roundup: Charity That Raised $20M for Refugees Wants to Give it to DHS
The Refugee and Immigrant Center for Education and Legal Services is having a tough time dispensing the money quickly to help reunite migrant families. In other articles, clinics that offer medical exams to refugees also help determine the case for asylum; former Missouri governor Eric Greitens’s nonprofit could face big fines; the Boston Marathon raised more than $36 million for nonprofits; and more on giving, nonprofits and the law, arts and culture, and other news.
A Proven Way to Battle Rural America’s Poverty
A special type of nonprofit — community financial-development institutions — is combining local expertise and capital to build creative approaches to support communities hurt most by wealth inequality.
By Mary Reynolds Babcock Foundation
Contributor