Daily News Roundup: Giving Surge From Tax Law
Charities urged last-minute gifts as they worried about a drop in donations this year. Also, the tax bill allows the rich in some states to profit from “donations” to private-school scholarships; a Trump Mar-a-Lago deal skirted IRS scrutiny; a $165 million gift aspires to set an example for tech’s elite; powerful Hollywood women announce anti-harassment plan and raise $13 million for a legal fund to help less privileged people; and much more.
Fighting Misinformation, Grooming New Leaders, and Unlocking More Giving: Ideas for 2018
Fresh approaches to philanthropy’s urgent problems will be essential in the year ahead. Here are some of the best pieces from The Chronicle’s opinion section to get up to speed on new thinking.
On the Rise: Young Professionals Shaking Up the Nonprofit World
Meet a fundraiser who brought in $40 million for a new museum, a former Obama administration official heading up a health foundation, a Native American activist who builds bridges with grant makers, and other rising stars in philanthropy.
By NICOLE WALLACE
Features Editor
Editor’s Picks: Nonprofit People and Organizations Making an Impact
Learn from these charity leaders, nonprofits, and data trends as you get ready for 2018.
Daily News Roundup: Big Companies Vow to Give to Charity Due to Tax Law
President Trump was pleased, but Democratic lawmakers and corporate watchdogs called it a stunt. In other articles, a report on five things you should know about donor-advised funds and the new tax law; how to write off donations under the new law; how the rich are profiting by manipulating a charitable deduction in the tax code; a look at Harvey Weinstein’s charity nightmare; and much more.
A 2018 Resolution: Let’s Get Congress to Drop the Politicking Ban
Nonprofit leaders and scholars hate the idea of allowing charities to get partisan, but where has staying out of politics gotten us at a time of threats to our missions?
By Robert Egger
Contributor
Daily News Roundup: Tax Bill Would Hit Top Earners at Private Nonprofit Colleges
In other news, the Heritage Foundation has named a new president to succeed Jim DeMint; a Vermont senator wants to limit the pay at some nonprofits to no more than the governor’s salary of $166,000; the Holocaust Museum’s ambitious study of the civil war in Syria and U.S. options to mitigate it will be republished; and much more.
Highlights of a year’s worth of data projects by The Chronicle offer telling statistics about board diversity, the growth of donor-advised funds, and the value of big endowments that have become targets on Capitol Hill.
By Drew Lindsay
Senior Editor, Special Projects
Daily News Roundup: Tax Bill Could Drive More IRA Donations to Charity
In other news, nonprofits hospitals are trying to expand in the face of new competition; an intensive effort around the globe is trying to move children out of orphanages; an Ohio medical center gets $75 million for mental-health care; Fidelity donors have given $22 million in Bitcoin this year; and much more.
Daily News Roundup: IRS Still Seeing Fallout From Tea Party Scandal
In other news, charities worry that the GOP tax bill will mean less money for those in need; a Refugees International report cites a “failure of leadership” by U.S. officials and shockingly poor conditions in Puerto Rico three months after Hurricane Maria; donations keep rolling in to public media, despite accusations of sexual misconduct against several hosts and editors; a report on what’s holding back the rich from giving larger sums; and much more.
Daily News Roundup: Gates CEO Calls 2017 an ‘Awesome Year’
Sue Desmond-Hellmann cites the number of women speaking out about sexual abuse, progress on fighting tropical diseases, and more. In other news, nonprofits ordered to leave Pakistan say thousands will lose aid; a Chinese conglomerate based in New York plans to give away $200 million; the University of Louisville will not sue its troubled foundation; and more.
Podcast: 7 Fundamentals for Optimizing Nonprofit Performance
This week’s Business of Giving features William F. Meehan and Kim Starkey Jonker, co-authors of Engine of Impact: Essentials of Strategic Leadership in the Nonprofit Sector.
Tax Bill Will Not Alter Nonprofit Nonpoliticking Rule
A 63-year-old federal law that limits political activity by nonprofits, known as the Johnson Amendment, will remain intact as Republican lawmakers move closer to a comprehensive overhaul of the tax code.
By Megan O’Neil
Contributor
Protecting the Safety Net Requires New Power-Lobbying Tactics
Mobilizing donors and volunteers is key, but that takes money from foundations, which must overcome both their arrogance and their self-serving timidity to focus on fixing our democracy.
By MARK ROSENMAN and Activist
Daily News Roundup: Zuckerberg Letter Outlines Long-Term Plan for Philanthropy
In other news, the Gates Foundation is committing $300 million to develop new crops to withstand the ravages of climate change; a graduate who barely squeaked by at the Rochester Institute of Technology donated $50 million to the institution; charity and advocacy are sustaining Sandy Hook families five years after the shootings; and much more on donor-advised funds and impact investing, as well as nonprofits and the law.
Daily News Roundup: Telemarketers Pocketing Most of the Millions Raised by Veterans Charity
In other news, from 2011 to 2015, another controversial telemarketer reportedly raised more than $118 million on behalf of charities and kept $106 million; the New York Philharmonic has made quick work of raising $50 million; five dancers at the New York City Ballet have accused leader Peter Martins of physical abuse; a new research center is helping scientists mine data for good; and more.