Daily News Roundup: Jeff Bezos Is Giving $33 Million for Dreamer Scholarships
The money will go to TheDream.US, a nonprofit that former Washington Post owner Don Graham founded. In other news, advocates worry that the tax bill will make affordable housing more scarce; Treasury Secretary Steven Mnuchin says deducting property taxes as charity is “ridiculous"; before Eric Trump resigned from his charity, he continued to host events that benefited his father’s companies; an anonymous donor gave $100 million to a mental-health and addiction center; and much more.
Podcast: How Reshma Saujani Helps Girls ‘March Up Into the Middle Class’
This week’s Business of Giving features the founder of Girls Who Code, which has helped thousands of girls in all 50 states get a head start on promising careers.
Daily News Roundup: Charities Fear Drop in Donations From Government Workers
Giving to the combined federal campaign has been on the decline since its peak of $282.6 million in 2009. In other news, the Trump administration wants to revamp regulations on bank lending to the poor; the GOP tax plan’s levy on university endowments will hurt colleges mostly in Democratic areas; World Vision’s president plans to step down at the end of the year; and more, including articles on the Metropolitan Museum of Art’s new admissions policy.
Daily News Roundup: What Will Jeff Bezos Do With All That Money?
His fortune has grown since he solicited ideas for his philanthropy seven months ago. In other news, the Lilly Endowment has given $80 million to sustain 10 social-service groups for decades; the San Antonio police chief is being criticized for releasing immigrants found in a trailer to Catholic Charities; eight activists who attended the Golden Globe awards say Hollywood women “are trying to learn from us": and much more about taxes and impacting investing.
Don’t Underestimate the Value of a Loyal Donor
In this interview from our September Philanthropy NEXT conference, Lynne Wester, a donor-relations consultant, advises nonprofits to value repeat donors, not just one-time big givers.
Daily News Roundup: Bill Gates on Big Pharma, Startups, and Global Health
He says far more could be accomplished if large pharmaceutical companies and startups would get more involved in the Gates foundation’s global-health efforts. In other news, the Interior Department has told its staff to check that discretionary grants “promote the priorities” of the Trump administration; a rising hedge-fund star has been charged with defrauding a foundation client; and much more about the arts, health care, and the Rockefellers.
A Matter of Degree: Helping Young Moms Succeed
Bard Microcollege Holyoke is designed to tackle the challenges that keep nontraditional students with children from finishing their degrees.
By NICOLE WALLACE
Features Editor
Daily News Roundup: Emory U. Gets $400 Million Pledge
The money will go toward curing diseases, innovative patient care, and enhancing health. In other news, three N.J. towns are trying a creative way to elude the GOP tax law; the ACLU plans to spend big on the 2018 midterms; at the Golden Globes, actresses wear black and bring activists as guests to protest sexual abuse; after dropping for years, free or discounted care at hospitals is now flat; and much more.
Last Original GuideStar Employee Talks Data in the ‘Golden Age’ of Fraud
Chuck McLean, who started with the organization 23 years ago, says that while nonprofit transparency has improved greatly, the IRS is poorly equipped to prevent abuses.
By Megan O’Neil
Contributor
Daily News Roundup: What Gives Bill Gates Hope
In other articles, the FBI has launched another inquiry into whether the Clinton Foundation engaged in illegal activity; for the first time in half a century, the Metropolitan Museum of Art will charge non-New Yorkers an admission fee; Warren Buffett has given $43 million worth of stock since July; and more.
Podcast: Shining a Light on Abuses in the Criminal-Justice System
This week’s Business of Giving features Carroll Bogert of the Marshall Project, who discusses how the nonprofit’s staff of investigative journalists seeks to inform the public about mass-incarceration policies, unfair procedures, and inhumane prison conditions.
Nonprofits Have It Wrong About the Tax Law — and Why Their Lobbying Failed
Odds are that giving will be high in 2018, despite nonprofit alarms. But the biggest challenge for charities will be the approach to advocacy on federal spending cuts, write
By Suzanne Garment and LESLIE LENKOWSKY
Daily News Roundup: What 2018 Holds for Impact Investing
Predictions from leaders of four major institutions. In other articles, dozens of refugee resettlement offices in the United States may close; San Francisco’s Internet Archive is given $1 million worth of Bitcoin; grateful fans of football star Andy Dalton are giving to his foundation; real-estate agents and developers are working to lure buyers who want to live in communities involved in philanthropy; and more.
Video: How to Draw In a More Diverse Group of Donors
Isaac Thweatt, executive director of Individual Giving at Columbia Business School, talks about how to appeal to donors who don’t usually give to your mission.
Opinion: Nonprofits Must Move Swiftly to Fight for Sound Public Policies
The tsunami of challenges caused by the new tax law will pummel nonprofit finances and their work forces — and hurt the charitable missions foundations and organizations strive to carry out.
Daily News Roundup: NYC Ballet Leader Acted With Impunity, Say Dancers
In other news, Meryl Streep and Steven Spielberg are among the celebrities giving to #TimesUp; Betsy DeVos’s foundation donated to 100-plus groups in 2016; big hospitals got richer but provided less charity care under Obamacare; La Salle University is selling 46 masterpieces to fund its strategic plan; and more.