Charities Will Soon Learn How the Tax Law Has Affected Charitable Giving: Daily News Roundup
Studies predict nonprofits will bring in $13 billion to $20 billion less. Plus, the co-founder of the cryptocurrency trading app Coinbase has signed the Giving Pledge; Planned Parenthood has been accused of discriminating against pregnant employees; the Justice Department is investigating the biggest migrant shelter for possible misuse of federal money; Fast Company suggests 28 nonprofits for year-end donations; and more news and articles about big donors, corporate giving, and workplace giving.
December 20: Trump Attacks N.Y. Attorney General Over Foundation Lawsuit: Daily News Roundup
President Trump lashed out at the New York attorney general who brought the suit against his foundation. In other articles, Steven Spielberg is expanding the mission of his Shoah Foundation to fight hate; the Justice Department has sued promoters of conservation easements, which it alleges use overvalued land appraisals; and much more news, articles on innovation; and opinions about the Trump philanthropy.
Richard King Mellon Foundation Selects New Director (Transitions)
Also, the Archstone Foundation appoints its next chief executive officer, the head of WNYC announces her departure, and more new CEOs and notable appointments.
By M.J. Prest
Senior Editor, Solutions
Benioffs Donate $15 Million to Children’s Hospital for Mental Health: Daily News Roundup
The gift is the last part of $50 million the couple had pledged to a hospital in Oakland, Calif. Plus, this year’s winner of the Nobel Peace Prize plans to start a fund for women victims of war-related sex crimes; a judge’s ruling that the Affordable Care Act is unconstitutional could hurt the credit quality of nonprofit hospitals; two op-eds discuss the Trump Foundation’s closing, the New York attorney general’s lawsuit against the charity, and where its remaining assets should go; and more.
4 Ways to Persuade Trustees to Invest in Marketing
Speak in terms your board members understand; use data to show the connection between awareness, advertising, and greater giving; and compare your revenue to that of your competitors
By Will Hajjar and Andy Semons
Trump Is Shutting Down His Charity: Daily News Roundup
The decision has been made amid allegations that he used it for personal and political gain. Plus, Northwestern University got $50 million for artificial-intelligence study; small gifts are down since the new tax law took effect, but big gifts more than compensate; five ways giving is likely to change in 2019; an aid worker in Yemen discusses conditions there; seven considerations donors should keep in mind for year-end giving; and more.
Chan Zuckerberg Initiative Hires Its First Investment Chief: Daily News Roundup
David Lee, managing director of Princeton University’s endowment, will oversee $10 billion. Plus, in the midst of her sold-out book tour, Michelle Obama attended a small workshop at a community group where she once worked; the Wall Street Journal reviews apps that teach children about giving; Ken Griffin talks about the $700 million he has given away and what attracts him to particular nonprofits; judging nonprofits by how much they spend on administrative expenses is flawed; and much more.
Spelman College Gets $30 Million Gift: Daily News Roundup
The contribution will go toward the Center for Innovation and the Arts. Also, giving to historically black colleges and universities has been up the past two years as the institutions have focused more on cultivating big donors. Plus, Save the Children was fooled by a sophisticated email scam into sending $1 million to a fraudulent account in Japan; as the Boy Scouts has tried to modernize, some of its efforts have backfired; and much more news and articles about big gifts and innovation.
National Gallery of Art Appoints First Woman Director (Transitions)
Also, a top official of Omidyar Network’s Tech and Society Solutions Lab leaves for a job as ethics officer at Salesforce, and Grantmakers for Effective Organization has a new interim president.
By M.J. Prest
Senior Editor, Solutions
Smaller Foundations Follow Through on Plans to Change Grant Making After Trump Election
However, a survey by Exponent Philanthropy also indicated that pessimism about the influence of philanthropy has grown during the past two years.
By Alex Daniels
Contributor
How Nonprofits and Government Can Work Together to Restore Public Trust
Nonprofits must speak out when other organizations commit wrongdoing and work with government to ensure all tax-exempt groups act ethically and legally.
By DAN CARDINALI
Contributor
Boy Scouts Considering Bankruptcy Filing; Google Donation Tool; Daily News Roundup
The potential chapter 11 filing would halt lawsuits against the organization for alleged inappropriate behavior by employees. In other articles, Google has added a donate feature for users of Android phones; the Senate voted to overturn a Treasury Department rule on donor disclosure; an Australian businessman who died last month left $4 billion to his charitable foundation; the Glide Foundation has been sued by its parent organization, the United Methodist Church; and much more.
After Rolling Out New Programs, Gates Foundation Plans Year of Status Quo
After the debut of several new programs in education, poverty reduction, and international development, the grant maker doesn’t plan any new strategies in 2019, its CEO said in an interview with the Chronicle.
By Alex Daniels
Contributor
Salesforce.Org to Include Schools in Its Philanthropy: Daily News Roundup
The organizaton is giving $2 million to train principals and teachers, unlike its past education gifts that have funded better technology and expanded programs. In other articles, nonprofit victims of Bernard Madoff’s Ponzi scheme are close to getting their money back; and much more on big donors, cultural organizations, and innovation.
Deep Fakes, Public-Interest Tech, and Norms: Philanthropy’s 2019 Buzzwords
As nonprofits grow ever more entwined with the digital world, the terms we use focus on how civil society responds to concerns about trust.
By Lucy Bernholz
Contributor
IRS Softens Blow From Taxed Employee Perks at Nonprofits: Daily News Roundup
Under pressure, House leaders revisit taxing of benefits such as free parking and mass transit subsidies; proposed revisions of tax plan seek to reverse ban on political activity by nonprofits; how to spur people to give to charity by making it about them, and more.