Daily News Roundup: Hungary Passes Bill Targeting Soros-Backed College
Also, Pierre Omidyar’s philanthropic network commits $100 million to buttress investigative journalism and battle hate speech, and allies of Hillary Clinton say she will not be returning to her family’s foundation.
Ford Foundation to Put $1 Billion From Endowment Into Social Investments
By promising a big chunk of its $12 billion endowment to businesses that reduce inequality, the nation’s second-wealthiest grant maker could spur peers to increase their impact investing.
By Alex Daniels
Contributor
Daily News Roundup: Trump Donates First-Quarter Pay to Park Service
A federal agency facing major budget cuts is the first beneficiary of the president’s promise to give away his government wages. Also, billionaire philanthropist Carlos Slim launches an effort to help legal Mexican immigrants attain U.S. citizenship.
How Today’s Stars Are Raising Charitable Dollars Online
Several for-profit companies are making it easy for nonprofits big and small to connect with celebrities to raise money. But there are pitfalls, and it’s often not clear who benefits the most.
Several for-profit companies are making it easy for nonprofits to connect with A-list celebrities for digital campaigns. But there are pitfalls, and it’s often not clear who benefits the most.
By Megan O’Neil
Contributor
Charity leaders and the stars themselves dish about the ins and outs of working with big names to raise big money.
By Megan O’Neil
Contributor
How Can Philanthropy Help the Working Class?
With urban-rural tensions rising, regional spinoffs of Minneapolis’s McKnight Foundation offer a model for partnership between the big city and small towns.
By Drew Lindsay
Senior Editor, Special Projects
Long hours, travel, and pressure to be “always on” for donors can take a toll on fundraisers. Many nonprofits are putting a priority on helping workers avert burnout. Also, get tips on how you can keep your job from overwhelming your life.
By Eden Stiffman
Senior Editor
How One Muslim Group Is Resetting Priorities
Rather than reacting to current events, the El-Hibri Foundation is taking a long-term approach focused on building community ties and acceptance for Muslims in America.
By Alex Daniels
Contributor
Daily News Roundup: Facebook and Foundations Team for News Project
The $14 million venture will back efforts to help people make informed judgments about what they read online. Also, a foundation fires the law firm it shared with President Trump, and a look at how Rockefeller heirs are taking the reins of the family’s philanthropy.
IRS Granted Tax-Exempt Status to Nearly 80,000 Groups in 2016
The number of approvals has skyrocketed since the agency introduced a three-page application form for organizations with less than $50,000 in annual gross revenue. Larger groups must fill out a 26-page form.
By Alex Daniels
Contributor
Daily News Roundup: Senate Kills Rule to Protect Planned Parenthood Funding
Also, Hungary’s government targets a George Soros-endowed university in Budapest, and Facebook co-founder Dustin Moskovitz backs a nonprofit that seeks to steer money to charity when entrepreneurs exit their businesses with lucrative payouts.
New Leaders at Nuclear Threat Initiative and San Diego’s Jewish Community Foundation
The Hennepin Theatre Trust and the Hewlett and Cummings foundations also made notable hires.
By ANAIS STRICKLAND
Contributor
Facebook Expands Charity Fundraising Tools for Celebrities and Corporations
The company is also taking a page from the playbook of crowdfunding sites like GoFundMe and expanding its features to allow fundraising for personal reasons.
By Megan O’Neil
Contributor
Daily News Roundup: U. of Louisville Foundation Halts Controversial Compensation Plan
Also, a new tech platform is becoming the favored tool of the anti-Trump movement, and the American Civil Liberties Union is helping to fuel grass-roots advocacy.
New Nonprofit Puts Money Over Mission and Ethics
Some charities should temporarily stop pursuing their missions while they raise enough money to do more, says one of the group’s most outspoken board members.
By Timothy Sandoval
Contributor