Daily News Roundup: How Nonprofits Would Fare Under the Tax Bills
Also, both House and Senate tax bills would let Newman’s Own Foundation continue owning its for-profit company without a tax penalty. In other news, California’s attorney general is investigating a nonprofit that allegedly financed its director’s lavish lifestyle; the philanthropy of Mark Zuckerberg sometimes creates tensions and difficulties; and more.
Podcast: How the General Mills Foundation Engaged Employees to Refocus Mission
Mary Jane Melendez, executive director, discusses changes the grant maker has made in this week’s Business of Giving,
Video: How Nonprofits Should Approach Millennial Donors
Felicity Meu, the director of partner success at GiveCampus, talks about how to engage millennial donors, a diverse group that has many choices for philanthropy.
Daily News Roundup: Trump Foundation Raised and Gave More When Under Scrutiny in 2016
Also, President Trump’s golf course reimbursed his charity more than $158,000, which it had used to settle a lawsuit against the club. In other news, an Indian tech billionaire has joined the Giving Pledge; the new Bible Museum, three blocks from the U.S. Capitol, has political ambitions; how Arabella Advisors helps donors achieve their objectives; and more.
Daily News Roundup: House Tax Bill’s Effect on Politicking and Affordable Housing
Also, the tax bill shows colleges’ diminishing clout among GOP lawmakers, and NPR interviews a college president on the proposed excise tax on endowments; In other articles, a lawyer sues a Christian nonprofit for not hiring him because he’s bisexual; the social scene at Mar-a-Lago has changed as divisive politics determines which nonprofits and others hold events there and which ones go elsewhere; and more news and opinion.
A Nonprofit Leader’s Heroic Effort to Call Attention to Dangerous Remnants of War
A determined charity founder has mobilized the American public and government to support efforts to rid Laos of unexploded bombs that still litter the country today.
By PABLO EISENBERG
Contributor
Daily Update: House Tax Bill Would Raise Borrowing Costs for Nonprofit Projects
In other news, the Robin Hood Foundation is creating donor-advised funds to capitalize on hedge-fund managers’ tax deadline; NPR’s chairman steps down amid harassment crisis; the Old Vic Theater in London apologized for not taking action after receiving 20 allegations of inappropriate behavior against Kevin Spacey; and more news about nonprofits.
Podcast: How the Next Generation Keeps the Walton Foundation Young
Kyle Peterson, executive director of the grant maker, discusses how family members remain active in continuing the philanthropic legacy of Sam and Helen Walton, pouring $1.3 billion into education alone. Other areas of interest include the environment and cultural attractions.
Daily News Roundup: Koch Foundation Boosts Giving to Universities
The Charles Koch Foundation gave $77 million to colleges last year, which is 75 percent more than in 2015. In other news, the Vera Institute for Justice is pledging to match spending on legal aid for undocumented immigrants in several cities; the Gates Foundation and others form a $100 million fund to fight neglected diseases; the notion of cash grants for the poor gains momentum; and more articles about giving and about museums.
Daily News Roundup: Elite Colleges Caught Up in Fight Over Tax Proposals
In other news, GOP tax proposals could cost charities billions; Bill Gates gives $50 million to Alzheimer’s research; the National Trust for Historic Preservation creates $25 million fund to preserve African-American historical sites; and other news and features on disaster relief, on museums, and more.
Nonprofits and the People They Serve Lose Big in Tax Overhaul Bills
The loss of incentives to give, coupled with changes in education and health care are bad enough. Add the politicizing of charities and the meddling in nonprofit affairs and it’s a disaster.
By MARK ROSENMAN
Contributor
Daily Update: Justice Dept. Considers Clinton Foundation Inquiry
Also, AIDS activists want designer Kenneth Cole to step down as amfAR board chair over his controversial deal with Harvey Weinstein; the University of Louisville may sue its own foundation over excessive spending; the veterans charity VietNow is being dissolved over “egregious fraud"; plus more news.
Podcast: 3 Pillars That Help One Nonprofit Revitalize Neighborhoods
This week in the Business of Giving, Carol Naughton, president of Purpose Built Communities, discusses the group’s replicable model for success.
Daily News Roundup: Higher Education to Fight GOP Tax Proposal on Endowments
Also, more than 400 millionaires tell Congress not to raise their taxes; eight-figure contributions have gone to several orchestras; Charles Koch is making major gifts to foreign-policy programs at universities; a new study analyzes the attributes of the new philanthropist; and much more.
Key House Panel Votes to Loosen Restrictions on Nonprofit Politicking
Adoption of the amendment, offered by the chairman of the House Ways and Means Committee, Kevin Brady, virtually ensures that the language will be in the House’s final version of the bill.
By Megan O’Neil
Contributor
Daily News Roundup: Universities Use Offshore Accounts to Hide Controversial Investments
Leaked documents from a Bermuda law firm reveal how U.S. institutions like Indiana University and Texas Christian University used “blocker corporations” to quietly invest millions of dollars in fossil fuels. In other news, nonprofits show glaring holes in preparedness for cyber-attacks, and a look at how the Republican tax cut plan would hamper the efforts of college major-gift fundraisers who work with athletic boosters.