Charity Galas Bloom in Ark. Due to Walmart’s Reach
Nonprofit groups and fundraising events have proliferated in northwest Arkansas with the influx of consumer-goods suppliers setting up shop close to Walmart’s Bentonville headquarters, The Wall Street Journal writes.
Doctors Without Borders Resumes Refugee Rescue Operation
The global aid group relaunched efforts to safeguard people making the dangerous Mediterranean Sea crossing to Europe three months after it suspended the operation and called on the European Union to do more for migrants, the Thomson Reuters Foundation reports.
Pittsburgh Foundation to Stop Matching Giving-Day Donations
The community foundation, which launched its hometown’s annual Day of Giving in 2009, said it could no longer sustain offering matching gifts for the online fundraising event “at a meaningful level,” reports the Pittsburgh Post-Gazette.
Obituary: Andrew Swinney, Long Led Philadelphia Foundation
Andrew Swinney, who oversaw major growth at the Philadelphia Foundation while serving for 16 years as its president, died Sunday at age 67, The Philadelphia Inquirer reports. He had been ill for a year with ALS.
Many Donor-Advised Funds Don’t Disclose Executive Pay
The top 11 funds affiliated with a commercial entity control more than $30 billion in assets, but seven of them reported no compensation for their leaders, a Chronicle analysis of IRS data has found.
By Peter Olsen-Phillips
Contributor
MacArthur and Chicago Community Trust Back New Fund to Spread Impact Investing
Working with the Calvert Foundation, the groups hope to attract $100 million for projects in Chicago.
By Alex Daniels
Contributor
Barack Obama Foundation Adds Three Board Members
The new additions are major donors to the organization charged with building the planned Obama museum and library and have close ties to the first family, reports the Chicago Sun-Times.
Chief Fundraiser at UC San Diego Resigns
Steve Gamer is leaving the University of California campus roughly two years after he was brought on to lead a $1.5 billion capital campaign, the largest in the college’s history, according to The San Diego Union-Tribune.
GiveDirectly Co-Founder Touts Plan for Cash Aid to Poor
NPR talks to Michael Faye, co-founder of GiveDirectly, about the charity’s philosophy favoring cash gifts to poor people over traditional aid programs and its ambitious plan to test the concept by providing a basic income to thousands of East Africans over a decade.
Small Minneapolis Nonprofit Making Big Political Waves
Neighborhoods Organizing for Change has won some big victories on inequality issues and become a major voice in Minnesota politics, reports the Minneapolis Star Tribune.
Founder of African Orphanage Wins Prize in Memory of Armenian Genocide
Marguerite Barankitse, who saved thousands of Burundian children from genocide in the 1990s, was announced Sunday as the winner of the Aurora Prize for Awakening Humanity, an award created in memory of the Armenian genocide, The New York Times reports.
What to Do About People Using Phones During Meetings
A biweekly advice column in which Allison Fine answers your questions about nonprofit careers and leadership.
By ALLISON FINE
Contributor
IRS Issues Rules Favorable to Foundations on Program-Related Investments
The new regulations are designed to encourage grant makers to make investments in areas such as education and the environment that can result in societal benefits and simultaneously generate income.
By Alex Daniels
Contributor
Ford Foundation Head on ‘Time’ List of 100 Influence Leaders
Darren Walker’s moves to steer the country’s second-largest grant maker toward a focus on inequality and inclusion won him a spot on Time magazine’s 2016 list of the world’s most influential people.
New Leaders for Sempervirens Fund and Pledge 1%
Personnel changes were also announced at Change.org and the United Way of New York City.
By anais.strickland
Contributor
Opinion: How Buffett’s Giving Could Alter Berkshire’s Future
Warren Buffett’s annual donation of Berkshire Hathaway shares worth billions of dollars to charitable foundations could significantly change his iconic investment firm’s ownership structure and risks undermining its success, two business advisers write in the Harvard Business Review.