U. of Michigan Raises $5 Billion With 3 Months Left in Campaign
Volunteers for the Victors for Michigan campaign — who have donated $1.6 billion and connected the public institution with new donors — have been key to the drive.
Billionaires’ Generosity Rated by Forbes: Daily News Roundup
For the first time, the Forbes 400 will rank people not just on their wealth but also on how philanthropic they are on a scale of 1 to 5. In other articles, a U.S. nonprofit has allegedly been found to support an online blacklist that targets college students critical of Israel; the New Orleans Jazz Orchestra overspent money and diverted contributions, according to an audit; vulgar texts posted in September have heightened the New York City Ballet’s #MeToo crisis; and more on gifts and the arts.
How One Founder Started a Nonprofit — and Raised $1 Million
The daughter of an alcoholic wanted to help youths who had experienced trauma.
Wharton School Gets $50 Million Gift: Daily News Roundup
As a result of the contribution, the school has increased the goal for its campaign from $850 million to $1 billion. In other articles, the Gates Foundation is committing $15 million to an effort to map neighborhoods to predict the likelihood that children in different locations can rise from poverty; the James Beard Foundation is changing the rules for its prestigious awards to be more be more inclusive; and more articles about health and nonprofit news organizations.
10 Steps Nonprofits Can Take to Close the Pay Gap for Women
Experts share advice to help managers identify wage differences based on gender, work to erase them, and build a hiring process that ensures equal pay.
Food Banks Overflow Thanks to Trump Trade Wars: Daily News Roundup
The United States plans to spend $1.2 billion this year to buy U.S-grown food to help farmers deal with new tariffs from overseas, but recipients are having a hard time finding enough trucks and warehouses. In other articles, many nonprofits are sidelining banks to take advantage of exchange-traded funds; a national sexual-assault hotline had the busiest day ever after last week’s Brett Kavanaugh hearing; and more on nonprofit news, big gifts and grants, and opinion, ideas, and innovation.
Test Site Launched to Make State Charity Registration Easier
The goal of the new effort is to make it possible for charities and professional fundraisers to use one online system to apply to raise money in multiple states.
Two relatively new organizations that work on global issues have several things in common that have led to big achievements.
How a Maverick Tapped Into a Wellspring of Giving
In his new memoir, Thirst, Scott Harrison recounts how the nonprofit skyrocketed to fundraising success — and explains why charities need to stop treating donors like nuisances.
An Accidental CEO Builds Up a Grass-Roots Charity
Kathleen Ruddy wanted to be a doctor. Instead, she’s built the charity world’s biggest supporter of pediatric-cancer research.
By putting volunteers in charge, St. Baldrick’s Foundation has raised as much as $39 million in a year for pediatric-cancer research. But as its signature events have plateaued, it’s been trying to diversify its sources of income.
A vice president who oversees the hospital’s ventures with for-profit companies received stock options in a start-up, whose value has skyrocketed. In other articles, Mark Zuckerberg and Priscilla Chan say their LLC invests in what is needed, not necessarily what is popular; a Chicago Tribune investigation into a housing nonprofit found deteriorating buildings and a lack of promised social programs. Plus, see articles on the nonprofit work force, big gifts and grants, and ideas and opinion.
Soros Heir Is Offering Nonprofits Free Online-Giving Tools. Really.
Jonathan Soros and his wife, Jennifer, want to save nonprofits money on a key fundraising expense. If their effort gains traction, it could force other software providers to lower their prices.
Blockchain Company Announces $100 Million Charitable Fund: Daily News Roundup
“Ripple for Good” will support education and financial-inclusion efforts. In other articles, the Securities and Exchange Commission has fined a Tennessee nonprofit $1.5 million for fraud; an opinion writer shares lessons learned from a petition by the New York Attorney General’s Office against the Trump Foundation, its directors, and officers; plus more about big gifts and grants, the arts, and people news.
Feeding America Chooses Corporate Executive as CEO
Also, Julia Stasch will step down as CEO of the MacArthur Foundation, and Deborah Marrow, the longtime director of the Getty Foundation, is retiring.
Threats and Hate Mail Flood Nonprofit Associated With Kavanaugh Accuser: Daily News Roundup
People have used phone calls, emails, Facebook, and other communication tools to threaten the staff and board. In other articles, Feeding America has named Claire Babineaux-Fontenot, who has held for-profit executive jobs, to be the new CEO; Melinda Gates talks about philanthropy; the Gates Foundation undergoing an internal reorganization; the University of Calgary has received a $44 million ranch for its veterinary school. Plus, other articles about gifts and grants, ides and opinion. and more.