Donor-Advised-Fund Payout Numbers Don’t Add Up
Double counting is common among donor-advised-fund sponsors, and transferring money from one such account to another is considered a donation.
By Alan M. Cantor
Reporter
Daily News Roundup: Knight Foundation Arm Sues Over Trump’s Twitter Blocks
The Knight First Amendment Institute says the president’s account is a “public forum” and he violates the free-speech rights of users he prevents from posting responses. Plus, a Philadelphia public broadcaster’s executive pay arouses ire, and Melinda Gates slams White House policies on family planning.
Daily News Roundup: Annual Warren Buffett Charity Gift Tops $3 Billion
The summertime ritual saw 18.6 million shares of Berkshire Hathaway stock go to the Gates Foundation and four Buffett-family grant makers. Also, a look at how Priscilla Chan is taking the reins at the Chan Zuckerberg Initiative, and a Texas supermarket mogul makes his second major education gift this year.
LGBTQ Nonprofit Workers Report More Negative Career Impact, Says Study
One in five say they’ve had career setbacks traceable to their gender identities, but the impact of race and ethnicity is bigger, according to a new survey by the Building Movement Project.
By Timothy Sandoval
Contributor
Why Charities Shouldn’t Start Ignoring the Ban on Partisan Politicking
The Johnson Amendment, which prohibits explicitly partisan activity by 501(c)(3) groups, remains the law of the land, despite President Trump’s executive order seeking a curb on enforcement.
By Matthew Shell
Contributor
Daily News Roundup: Red Ink Prompts March of Dimes to Sell Headquarters
The iconic charity put its national office on the market following years of multimillion-dollar losses. Also, Carnegie Medal of Philanthropy winners talk about the roots of their giving, and conservative philanthropy leaders make a case against impact investing.
Chan Zuckerberg Initiative Brain Trust Draws People From Varied Backgrounds
The Facebook couple is plowing millions of dollars into for-profit companies it believes can address social problems, but key hires have plenty of ties to the foundation and charity worlds as well.
By Megan O’Neil
Contributor
Daily News Roundup: Congress Moves to Restrict IRS Oversight of Nonprofit Politicking
Language in House spending bills would bar the agency from using appropriated funds to scrutinize “dark money” 501(c)(4) groups. Also, how a federal investigation of antiquities imports by Hobby Lobby could affect the new Bible museum backed by the store chain’s owners.
Daily News Roundup: Finance Titan’s Charity Sues to Recoup $25 Million Fraud Loss
Hedge-fund billionaire Louis Bacon’s foundation was ensnared in a Ponzi-like scheme orchestrated by a Wall Street peer. Also, Turkish police detain the head of the country’s Amnesty International chapter, and Oscar winners create virtual-reality experiences for charity.
Daily News Roundup: Charities Got $200 Million From Suspect in Massive Malaysia Fraud
Also, Leonard Lauder reaffirms his $1 billion art pledge to the Metropolitan Museum of Art amid the institution’s organizational upheaval, and the head of the Obama Foundation talks about the postpresidential charity’s goals for boosting civic engagement.
Renovation Nation: How Three Nonprofits Rebooted and Sparked Growth
Inside the makeovers that helped 4-H, PEN America, and Mental Health America update their images, reach new audiences, and rev up fundraising.
4-H Taps Alumni and Updates Image to Boost Support
Technology and testimonials from former members help the century-old organization showcase programs that resonate with modern kids and families.
By Heather Joslyn
Contributor
Online Data and an Entrepreneurial Spirit Revive an Advocacy Nonprofit
Mental Health America has boosted its fundraising and reach by “functioning like a start-up,” with streamlined decision-making and new digital tools.
By Heather Joslyn
Contributor
PEN America Joins the Political Fray — and Finds New Audiences
Long considered a genteel citadel of the literary elite, the nonprofit has increased its revenue and membership while raising its voice on free expression, protection of journalists, and President Trump.
By Heather Joslyn
Contributor
Immigrant-Led Soccer Program Helps Refugees Find Their Footing in America
Luma Mufleh felt moved to start coaching a ragtag group of kids she spotted playing barefoot in their strange new surroundings. What followed was an improbable journey to create something that could lift them to acceptance.
By Rebecca Koenig
Contributor
How a New Breed of Nonprofit Leader Is Driving Social Change
With open minds and coalition-building skills, “system entrepreneurs” can transform how philanthropy tackles the biggest social challenges.
By Jeff Walker
Contributor