2-Year Process Produced Diller-von Furstenberg Park Plan
The New York Times details the history of plans for a $130 million park and culture venue on a new Hudson River pier that will be financed largely by entertainment mogul Barry Diller and his wife, fashion designer Diane von Furstenberg.
Give Local America Aims to Multiply Success of Community Giving Days
The May 5 event brings community foundations and local nonprofits together for a fundraising marathon.
By Eden Stiffman
Senior Editor
Jeb Bush Ally Forms Policy Nonprofit Ahead of Likely Run
A close friend and political ally of the former Florida governor has established a nonprofit group The Washington Post says could be closely linked to, and raise unlimited donations for, Mr. Bush’s anticipated presidential campaign.
Hedge-Fund Titan Makes Big Boost in Giving
Ray Dalio, the billionaire head of Bridgewater Associates, the world’s biggest hedge fund, has significantly stepped up giving to his foundation, putting $400 million into the charity in 2013, Forbes writes, citing tax filings.
Lawmakers Drop Bill on UConn Foundation Financial Disclosure
A Connecticut legislative committee failed to vote Monday on a proposal to subject the flagship state university’s nonprofit fundraising arm to freedom-of-information laws, effectively killing the measure, the Hartford Courant writes.
Allen and Kelli Questrom Give $40 Million to Boston University
Mr. Questrom, a department-store titan, credits a former professor with steering him away from a career as a ski instructor.
By Maria Di Mento
Senior Editor
Dance Group’s End Shows Perils of Single-Donor Dependence
The impending shutdown of New York’s Cedar Lake Contemporary Ballet, which was founded and largely funded by Walmart heiress Nancy Laurie, points up the danger for nonprofits that rely on a single patron, The New York Times writes.
Nonprofit Collaboration: Toward a More Perfect Union
Donors need to offer more flexible types of support and let nonprofits lead the way if they expect more groups to merge.
By ALISON POWELL and Susan Wolf Ditkoff
In the competition for federal grants, Los Angeles nonprofits are getting a leg up from a new ally — the Annenberg Foundation.
By Megan O’Neil
Contributor
An array of donors have provided $17-million to a new effort to reinvent teacher training so it’s more like a medical residency.
By Drew Lindsay
Senior Editor, Special Projects
A Courageous Move by the Council on Foundations
The organization’s willingness to host a public conversation about the challenges nonprofits face getting grants is an important moment.
Council on Foundations Cancels Grant-Making Contest
The event, in which nonprofits would compete for $40,000 by answering “rapid-fire” questions, was criticized as being demeaning to charities.
By Alex Daniels
Contributor
Ousted Chancellor Popular With Donors Might Stay at Ole Miss
A week after voting not to renew University of Mississippi Chancellor Dan Jones’s contract, the state’s College Board is prepared to reverse course and retain the popular campus leader, whose departure threatened to cost the school millions of dollars in donations, according to the Associated Press.
Clash at Koret Foundation Shows Perils of Cloudy Succession Plans
As baby boomers die and younger relatives are installed on family-foundation boards, legal squabbles may be increasingly common.
By Alex Daniels
Contributor
Livestrong Taps Former Komen Executive as New CEO
Chandini Portteus moves from one financially troubled nonprofit to another, taking the helm of the onetime juggernaut created by now-disgraced cyclist Lance Armstrong.
By Drew Lindsay
Senior Editor, Special Projects
Nobody Needs a ‘Shark Tank’ in Philanthropy
The Council on Foundations shouldn’t emulate reality television at its annual meeting, yet it has chosen to ask charities to act like circus barkers.
By Gail Nayowith, Jon Pratt and Maria Mottola