Daily News Roundup: Hungary Passes Bill Targeting Soros-Backed College
Also, Pierre Omidyar’s philanthropic network commits $100 million to buttress investigative journalism and battle hate speech, and allies of Hillary Clinton say she will not be returning to her family’s foundation.
Ford Foundation to Put $1 Billion From Endowment Into Social Investments
By promising a big chunk of its $12 billion endowment to businesses that reduce inequality, the nation’s second-wealthiest grant maker could spur peers to increase their impact investing.
By Alex Daniels
Contributor
Daily News Roundup: Trump Donates First-Quarter Pay to Park Service
A federal agency facing major budget cuts is the first beneficiary of the president’s promise to give away his government wages. Also, billionaire philanthropist Carlos Slim launches an effort to help legal Mexican immigrants attain U.S. citizenship.
Celebrity Philanthropists: Which Ones Go the Extra Mile
Alec Baldwin, Taylor Swift, Michael Jordan, and others have all given big sums to causes they care about.
By Maria Di Mento
Senior Editor
How Can Philanthropy Help the Working Class?
With urban-rural tensions rising, regional spinoffs of Minneapolis’s McKnight Foundation offer a model for partnership between the big city and small towns.
By Drew Lindsay
Senior Editor, Special Projects
How One Muslim Group Is Resetting Priorities
Rather than reacting to current events, the El-Hibri Foundation is taking a long-term approach focused on building community ties and acceptance for Muslims in America.
By Alex Daniels
Contributor
Daily News Roundup: Facebook and Foundations Team for News Project
The $14 million venture will back efforts to help people make informed judgments about what they read online. Also, a foundation fires the law firm it shared with President Trump, and a look at how Rockefeller heirs are taking the reins of the family’s philanthropy.
Stop the Tax Breaks to Donors Who Give to Influence Policy
American citizens shouldn’t have to help foot the bill for giving that makes it harder for their own voices to be heard.
By David Callahan
Contributor
Grants Roundup: $2.5 Million Award Helps NYC Theater Build New Home
Also, three nonprofit newsrooms get $3 million each from the Democracy Fund and First Look Media to pursue reporting projects.
By Maria Di Mento
Senior Editor
How U.S. Presidents Give to Charity
A collection of articles on the causes and organizations that drew support from Barack Obama, George W. Bush, and Bill Clinton.
Daily News Roundup: Trump Budget Could Hit Arts Programs for Veterans
Also, George Lucas doubles the size of a University of Southern California endowment his foundation launched last year to assist budding minority filmmakers.
How Grant Seekers Can Show They Seek Change, Not Just a Foundation’s Check
Grant makers want to see a genuine commitment to transformation, not a veiled pitch simply to get money in the door.
By Loni Bordoloi and Judith Shapiro
David Rockefeller’s Death Means Windfall for Family Foundation
The likely addition of hundreds of millions of dollars to its coffers comes as the Rockefeller Brothers Fund charts a course to raise grant making on climate change, social policy, and global issues.
By Alex Daniels
Contributor
Daily News Roundup: Israeli Teen Charged in Jewish Center Bomb Threats
Also, the Hershey Trust draws fresh criticism over its selection of three new board members, and a Massachusetts legislator proposes taxing nonprofits that pay high executive salaries.
Daily News Roundup: Komen Me. Chapter Closes as Race Giving Dwindles
The breast-cancer charity’s Maine affiliate pinned financial straits on shrinking Race for the Cure revenue. Also, new research shows a persistent gender gap in leadership at major art museums, and Mike Huckabee defends the National Endowment for the Arts.
Grant Makers Blanket Capitol Hill Amid Deep Worries Over Taxes and Spending Cuts
Turnout nearly doubled for this year’s Foundations on the Hill lobbying day as philanthropic leaders raised concerns about the impact of tax proposals on giving and of budget cuts on the people they serve.
By Alex Daniels
Senior Editor, Foundations