Daily News Roundup: Houston Charities Still Waiting on $76 Million in Disaster Relief Pledges
Two months after Hurricane Harvey made landfall, the nonprofits are still waiting for companies, foundations, and individuals to make good on their promises. In other news, celebrity chef José Andrés promises a long-term focus on feeding victims of natural disasters, and nonprofits are hit unevenly by federal efforts to roll back the Affordable Care Act.
Tax Bill Likely to Soften Rule Barring Politicking by Nonprofits
Some opponents of the shift say that many Republicans quietly oppose the change but are reluctant to come out publicly against it.
By Megan O’Neil
Contributor
Racism Is Not the Cause of Racial Disparities, Philanthropy Roundtable Speaker Says
A Wall Street Journal columnist attacked the NAACP and Black Lives Matter, while other speakers offered ideas on the role of philanthropy in a democracy and how donors could help curb the opioid crisis.
By Timothy Sandoval
Contributor
Daily News Roundup: $2.4 Trillion Wealth Transfer Expected
A new report predicts that aging billionaires will pass a record amount of money to their children and charities. In other news. the Justice Department settles with Tea Party nonprofits that claimed the IRS treated them unfairly; J.J. Watt has announced what he plans to do with the $37 million he raised for hurricane relief; U. Of Illinois at Urbana-Champaign gets $150 million; and more news and features.
Daily News Roundup: New NAACP Strategy Puts Spotlight on Discrimination
The group issued a warning Tuesday that African-Americans could face discrimination if they fly on American Airlines. In other news, the $1 billion that Congress approved a year ago to fight the opioid crisis is finally making its way to the people who need it, but with mixed results; the Chan Zuckerberg Initiative’s efforts so far appear focused on fixing problems by changing laws; financier David Rubenstein is stepping down from the Carlyle Group to concentrate on his philanthropy; and more.
Daily News Roundup : Alumnus Gives $100 Million to Notre Dame
It’s highly unusual for such a large amount, committed by alumnus Kenneth Ricci, to be given for any purpose the recipient chooses. In other news, the Chan Zuckerberg Initiative commits $45 million for political activity directed toward ending mass incarceration and addressing housing problems; Bill Gates makes a bold prediction about polio, and former President Obama faces community resistance to his library.
Video: The Future of Philanthropy With Emmett Carson
The chief executive of the Silicon Valley Community Foundation explains why he’s optimistic about the future of philanthropy despite the fact that nonprofits and foundations have been slow to adapt to generational differences.
By Nidhi Singh
Contributor
Daily News Roundup: Gates Foundation Seeks Comment on School Spending
The grant maker wants to hear from organizations that have improved education through school “networks” before it seeks proposals for its $1 billion-plus commitment. In other news, the philanthropic Sackler family’s fortune was built on a pharmaceutical company that some blame for the opioid crisis; one nonprofit sees drone technology as the future for education and jobs in coal country; and other news and features on grant seeking, gifts, museums, and more.
Self-Interest or Public Interest: What Matters to Charities?
Positions nonprofits take on the estate tax and charitable deductions raise questions about whether they are looking out sufficiently for donors and the people they serve.
By Suzanne Garment and LESLIE LENKOWSKY
Daily News Roundup: NAACP Hires New Leader and Will Change IRS Status
Interim president Derrick Johnson will take the permanent role, as the organization shifts to become a social-welfare group to improve its ability to lobby. In other articles, today’s megadonors have eclipsed the Gilded Age philanthropists; the story of the #MeToo Movement leader who sought to give sexual-abuse victims a voice; what the wave of recent disasters means for charities; and much more.
Daily News Roundup: Gates Foundation to Invest $1.7 Billion in New Education Focus
The grant maker wants to shift its sights to building more collaborative school networks. In other news, Harvey Weinstein and Kenneth Cole have been accused of covering up a suspicious deal involving a nonprofit group; a charity once led by Roy Moore did not report to the IRS that it guaranteed $498,000 in back pay to him; the Heritage Foundation is considering a White House aide to be its next leader; and why a children’s charity is holding its “dream gala” at Mar-a-Lago.
Daily News Roundup: Mexican Billionaire to Give $110 Million to Earthquake Relief
In other news, a D.C. chef has served more meals in post-hurricane Puerto Rico than the Red Cross; an NPR investigation disputes the claim that a Trump-associated golf course has given $5 million to charity; a N.C. congressman is pushing to allow all taxpayers to claim a charitable deduction; a city on the outskirts of Silicon Valley is experimenting with a philanthropy-based basic income; and Philadelphia Eagles player Chris Long is pledging his full 2017 salary to charity.
Daily News Roundup: Nonprofits Ask Jeff Bezos to Skip Tax Breaks and Help Communities
As cities prepare their bids for the new Amazon headquarters, dozens of nonprofits and other groups have written an open letter asking Mr. Bezos to invest in the civic health of whatever city he chooses. In other news, Jennifer Lopez and Alex Rodriguez raise $26 million for Puerto Rico hurricane relief; a film director plans to give residuals from Weinstein-backed movies to charity; how being socially minded can backfire for corporate CEOs; and more.
Video: For Donors of All Kinds, It’s the Mission That Counts
The director of development at the American Foundation for the Blind says a nonprofit’s mission is the focal point for most donors, and that’s how to connect with them, no matter what their background.
Daily News Roundup: Soros Gives $18 Billion to His Philanthropy
George Soros has transferred the bulk of his wealth to Open Society Foundations. In other news, Vertex Pharmaceuticals is donating $500 million to charity; lawsuits filed last month charged two Washington State hospitals with aggressive tactics against the poor; two families pledge $60 million to the University of North Carolina; and Sen. Al Franken will donate Harvey Weinstein gifts to charity. Plus, read about the common thread between gay and female Boy Scouts, and more.
Daily News Roundup: $1.5 Billion Gift From Chinese Donor to Boost Conservation
The contribution, from He Qiaonv, is more than a third of her $3.6 billion net worth. In other news, Houston Methodist Hospital gets a $101 donation; the Clinton Foundation is keeping its gift from Harvey Weinstein; and donors are joining forces to tackle tough problems. Also read an opinion piece about the philanthropy of Bill Cosby and Harvey Weinstein.