Daily News Roundup: Bloomberg Aims to Speed Up the Demise of Coal Mining
In other news, the head of American Atheists has been suspended after a complaint that prompted an investigation; Texas A&M has raised $3 billion of its $4 billion campaign goal; the Rockefeller art collection could top $1 billion at auction; the Smithsonian Institution has will work with the Victoria and Albert Museum on a joint gallery and exhibition space in London; and much more, including articles on charities and politics.
Daily News Roundup: Schwarzman Had Long List of Demands in Exchange for $25 Million Gift
Billionaire Stephen Schwarzman wanted a portrait of himself, his brothers’ names on display, curriculum changes, and approval over the building design of the high school that was to receive his gift. In other articles, the MacArthur Foundation is giving more than $24 million to Chicago-are arts groups; a Florida hospital is getting a $25 million contribution; Ken Griffin is donating $10 million to Chicago police to fight gun violence; and much more on the arts and news and opinion.
Foundations Are Often to Blame for Charities’ Financial Emergencies
A shift in funding strategy, discontinued grants, or even changes that seem like a routine inconvenience to a grant maker — like a few months’ delay in promised money — are often the cause.
By Drew Lindsay
Senior Editor, Special Projects
The Vera Institute of Justice has raised $60 million, tapping veteran grant makers but also a host of new philanthropies like Google.org and the Ballmer Group.
By Drew Lindsay
Senior Editor, Special Projects
The MasterCard Foundation severed relations with Michigan State, saying it was “dedicated to providing a safe environment for young people who participate in our programs.” In other news, Save the Children faces a formal investigation after complaints about employee behavior and the departure of senior staff members; the biggest Black Lives Matter Facebook page is fake but raised $100,000; and other articles on gun violence and the arts and the Stephen Schwarzman gift and more.
Grants Roundup: Houston Zoo Nets $50 Million for New Habitats
Also, the Los Angeles Clippers Foundation has given $10 million to renovate hundreds of public basketball courts, and a Cincinnati hospital gets $5 million to grow human tissue and organs from stem cells.
By M.J. Prest
Senior Editor, Solutions
Daily News Roundup: Mueller Investigating Ukrainian Payment to Trump Foundation
The special counsel is investigating a payment a steel magnate made in 2015 for a video appearance by Mr. Trump for a conference in Kiev. In other news, the Walton Family Foundation is leading an effort to add $300 million to loan funds to buy or build charter schools; Vanderbilt gets a $20 million gift; Stetson University gets $18 million; the NRA may have accepted more gifts from Russian donors than it first said; and more, including measuring the impact of ideas and articles on the arts.
We’re Doubling Our Grant Budget; You Should, Too
The Wallace Global Fund will be giving an additional $10 million this year to respond to threats to the climate and democracy.
By Ellen Dorsey
Contributor
Facebook Gives Scholars Access to Data to Study Its Role in Elections
The Hewlett, Arnold, Koch, and Sloan foundations and the Omidyar Network are among grant makers who brokered the deal to advance independent research on the social network, which faces a grilling in Congress this week over its sharing of user data with political groups.
By Alex Daniels
Contributor
Daily News Roundup: $42 Million Grant Aims to Protect River
In other articles, some colleges are dropping TIAA because of fee hikes; the leader of the Anti-Defamation League is using business, marketing, and tech acumen to reshape the century-old nonprofit; a startup aims to match nonprofits with freelancers. Plus, other articles about must-read books and museum news and a young trailblazer and more.
Daily News Roundup: $18 Million Gift to Create a Heart Center
In other news, a University of Washington institute has won $11.3 million from the Open Philanthropy Project to work on a universal flu vaccine; the L.A. Clippers Foundation is giving $10 million to renovate basketball courts in Los Angeles city parks; the National Parks Conservation Association is suing Ryan Zinke and agencies he oversees over a water pipeline in California near a national monument; Drue Heinz, a literary-arts philanthropist has died; and more.
Daily News Roundup: Companies Use Charitible Giving as ‘Tax-Exempt Influence Seeking,’ Says Study
A group of economists published an analysis of corporate philanthropy that paints a picture of giving that is more like lobbying. In other articles, the head of the Smithsonian Institution announced an effort to showcase achievements by women but stopped short of supporting a new museum; Detroit has built up a team of grant seekers that has helped attract tens of millions in grants and loans; and Fast Company looks at five ways nonprofits can solve their thorniest problems.
TED Organization Leads New $250 Million Bet on ‘Thrillingly Bold’ Philanthropy
See the winners of the Audacious Project, which is distributing money among five grantees with proposals “that will take your breath away,” according to one of the project’s leaders.
By Alex Daniels
Contributor
Grants Roundup: Drug Company McKesson Pledges $100 Million to Fight Opioid Abuse
Also, the tech company Cisco commits $50 million to end chronic homelessness in Silicon Valley, and the Kendeda Fund gives $5.3 million for investigative reporting on America’s gun culture.
By M.J. Prest
Senior Editor, Solutions
Daily News Roundup: Unanswered Questions About Sex Abuse at Global Aid Groups
Bad behavior among aid workers tends to be covered up or overlooked for the sake of the group’s image. In other articles, donors can now tell Alexa to send money to charity; the Minneapolis Foundation racks up $100 million as its donor-advised funds gain in popularity. Plus more, including how Melinda Gates is working to promote equality for women; a look at what artificial intelligence can do for nonprofits; and an interview with Planned Parenthood’s Cecile Richards.
Daily News Roundup: #MeToo Can Put Charities in a Tough Spot When It Taints Benefactors
Philanthropic efforts have suffered when powerful men they have relied on are brought down by allegations of sexual misconduct. In other articles, a drug distributor has pledged $100 million to start a foundation to fight the opioid epidemic; a look at why big donors give cash to business schools; the Kendeda Fund is giving $5.3 million to 10 public radio stations for reporting on gun violence; and more news, including the Schwarzman naming gift and a fight over a museum’s expansion.