Bloomingdale’s ‘Icons With Impact’ Campaign Symbolizes Worrisome Shift in Philanthropy
Giving becomes a product in a drive co-sponsored with Levi’s, and what is supposed to be selfless becomes all about self.
Weills Pull $20-Million Gift After Court Denies College Renaming
Paul Smith’s College officials said billionaire philanthropists Joan and Sanford Weill withdrew their donation after a judge rejected their condition that Ms. Weill be added to the institution’s name, reports The New York Times.
Texas Investigators Demand Planned Parenthood Clinic Records
Three days after taking steps to cut off government funding for Texas Planned Parenthood affiliates, state health investigators served orders Thursday for years of patient records, staff addresses, and other documents from the women’s health organization, The Washington Post and the Austin American-Statesman report.
Zuckerberg and Chan to Launch Bay Area Private School
Facebook CEO Mark Zuckerberg and his wife, physician and former teacher Priscilla Chan, will open a preschool and K-8 school next year tailored to the needs of children from low-income families in East Palo Alto, Calif., the San Jose Mercury News reports.
Appeals Court Says L.A. Can Audit Union-Linked Nonprofits
Los Angeles officials won long-sought legal authority Thursday to fully comb the books of controversial nonprofits co-run by the city’s Department of Water and Power and the union representing much of its workforce, reports the Los Angeles Times.
Foundations and Endowments Eye Private-Equity Co-Investments
Nonprofit institutional investors are increasingly weighing investment deals in which they put up money alongside a private equity firm rather than simply committing more money to that firm’s equity funds, The New York Times writes, citing a study by Boston investment consulting firm NEPC.
Meyer Fund Veteran Moves to New Foundation; GiveMN Gets New Leader
Other personnel changes include new leaders at Parelli Foundation and Resource Alliance.
Gates and Slim Funds Step Up Mesoamerica Health Effort
The Bill & Melinda Gates Foundation and the Carlos Slim Foundation are preparing to launch the second phase of a cooperative, $170-million program to improve newborn and maternal health in Mexico and Central America, Reuters writes.
N.D. College Replaces Foundation Mired in Financial Woes
Dickinson State University has formed a new nonprofit alumni and fundraising affiliate pending the state-ordered dissolution of its former foundation, the Grand Forks Herald reports.
Early Berkshire Investors Produce Windfall for Neb. Charities
Schools, hospitals, and other nonprofits in Nebraska have been major beneficiaries of the largely local investors who parlayed early stakes in Warren Buffett’s Omaha-based Berkshire Hathaway into multimillion- and even billion-dollar fortunes, writes The Wall Street Journal.
Boise State U. Gets $25-Million Gift for Science Program
The donation from Micron Foundation will cover nearly half the cost of a new building for the university’s materials science program, reports the Idaho Statesman.
Obituary: Margot Winspear, Dallas Opera Benefactor
Ms. Winspear, who with her late husband gave $42 million in 2002 to build a downtown home for the Dallas Opera, died Wednesday at age 83 after a long battle with Alzheimer’s, The Dallas Morning News and WFAA television report.
A 1-Month Plan to Fine-Tune Your Website
Set and meet goals for improving your website with this four-week plan and accompanying interactive chart that helps track and assess the most effective changes.
Nonprofit Aims to Give Charities $100 Million Worth of Marketing Help by 2020
This week CreateAthon is working on pro bono marketing projects for nearly 100 charities.
Campaign Watchdog Targets Nonprofit’s Ads Featuring Rubio
In a complaint filed Tuesday with the Internal Revenue Service, Citizens for Responsibility and Ethics in Washington accuses the Conservative Solutions Project, a 501(c)(4) group, of violating restrictions regarding nonprofits explicitly backing political candidates, The Wall Street Journal reports.
Minn. Make-a-Wish Parts With Car-Donation Group Facing Inquiry
The Minnesota chapter of the children’s charity said it has severed ties with a national vehicle-donation nonprofit, the finances and solicitation practices of which are under investigation by state authorities, the Associated Press reports.