Daily News Roundup: Amherst Gets Anonymous $50 Million Donation
Also, a $50 million gift to Saint Louis University has sparked controversy because under the agreement, the donor would have a say in who was hired to run a center for applied economic research; and the Gates Foundation has given $20.5 million to Johns Hopkins to study sexual-health issues for young people. Plus, a look at Jeff Bezos’s giving so far and what he might do in the future; and other articles about giving and nonprofits and the law and more.
Daliy News Roundup: China’s Richest Man to Retire and Focus on Giving
A former teacher, Alibaba’s Jack Ma is worth more than $40 billion and plans to spend time and money on education. Also, a board member of a prominent center at the University of Virginia has resigned a year after offering to finance a shoe-shopping spree for women on the staff; health charities were the biggest beneficiaries of the $3.7 billion British gave to charity in their wills last year; and much more news, plus articles on giving and arts and culture.
Facebook processed more than $45 million in gifts during 2017’s event — about 15 percent of the total share of estimated contributions.
By Timothy Sandoval
Contributor
How Puerto Rico’s Nonprofits Aim to Shape the Island’s Recovery
Nearly a year after Hurricane Maria, local groups and philanthropy aim to seize opportunities born of the tragedy.
By Drew Lindsay
Senior Editor, Special Projects
Daily News Roundup: Universities Get $80 Million and $30 Million Gifts
An $80 million gift to Western State Colorado University came from alumnus Paul Rady. Also, a $30 million donation to Michigan State will go toward constructing a building at the business school; a group of Catholic business leaders sent the Vatican a letter saying they were putting their tithe into an escrow account for now due to the sex-abuse scandals; two House Republicans are investigating three top U.S. environmental groups to see if they’ve acted as agents of foreign government; and much more.
Tyler Nickerson Will Lead Amalgamated Bank’s Philanthropic Financial Strategy
Also, Grantmakers for Education hires its next executive director, and Rabbi Rachel Cowan, who led the Institute for Jewish Spirituality, has died at age 77.
By M.J. Prest
Senior Editor, Solutions
Daily News Roundup: Levi’s CEO Urges Businesses to Take Action on Gun Violence
The company has created a fund to support nonprofit efforts and is doubling its match for employee gifts to anti-violence groups, among other efforts. Plus, read how the University of Michigan will use a $10 million gift to create a foreign-policy center on campus; and how Sylvia Acevedo went from a poor childhood to being a rocket scientist to leading the Girl Scouts; and how the IRS’s new guidance on easing deduction limits for some business owners will affect charitable giving; and more.
Solid Research Helps Social-Justice Charity Fine Tune Its Communications
How a cultural anthropologist uses research results to help a nonprofit send more effective messages about its work.
By NICOLE WALLACE
Features Editor
Daily News Roundup: U. of Louisville Faces Inquiry Into Big Payments to Former Officials
The university foundation spent almost $4 million in excessive pay to the ousted president and others. In other articles, a court case showed how a Missouri college improperly diverted funds from its endowment; a Pennsylvania inquiry into sex abuse among Catholic clergy may set a precedent; and much more about giving and nonprofit innovation.
Who Are My Top Fundraisers? A Novel Way to Find Out With More Than Numbers
At the University of Florida, the advancement chief holds “citizens” of the university in highest regard.
By Drew Lindsay
Senior Editor, Special Projects
When Gifts Soar, Charities Often Sock the Extra Money Away
When charities bring in more than they did the year before, they spend only about a quarter on services and sock away most of the rest.
By Alex Daniels
Contributor
Most grant makers would be better off using basic investing strategies rather than relying on active money managers and exotic financial instruments, the data shows.
By Marc Gunther
Contributor
VoteRunLead trained 10,000 women last year in how to run a campaign.
By NICOLE WALLACE
Features Editor
Corporate and Charity Leaders Exchange Advice
Nonprofits and companies have much to gain from getting to know each other better. The Chronicle asked leaders experienced in corporate-nonprofit partnerships for advice on how best to support each other.
By Megan O’Neil
Contributor
Daily News Roundup: Trump Charity Says Attorney General Lawsuit Is Political
The attack is in response to a lawsuit accusing the organization and Trump family members of violating campaign-finance laws and self-dealing, among other things. In other articles, a look at why nurses at Dignity Health are opposing a merger with Catholic Health Initiatives; how a nonprofit that pays bail is changing lives in places like Tulsa, Okla., and St. Louis; Brad Pitt’s nonprofit faces a potential lawsuit stemming from alleged mold contamination and structural flaws; and much more.
American Diabetes Association Hires New Chief
Also, the Indiana University Lilly Family School of Philanthropy brings on Patricia Snell Herzog as a professor, and Joanne Florino returns to the Philanthropy Roundtable.
By M.J. Prest
Senior Editor, Solutions