Opinion: Clinton Foundation Donors Backed Russian Tech Venture
Major U.S. tech companies that have contributed to the Clinton Foundation heeded calls by the Hillary Clinton-led State Department to invest in a Kremlin effort to develop a Russian equivalent of Silicon Valley, according to a Wall Street Journal column.
Nonprofit N.Y. Circus to End Holiday Shows as Giving Slides
The Big Apple Circus, which gave away tens of thousands of tickets a year for performances in a tent behind Lincoln Center, is folding its big top after falling well short of an emergency fundraising goal, Bloomberg and The New York Times write.
Grants Roundup: $5.3 Million for Equity in Bay Area, $1 Million for National Park Trails
Also, the New York Women’s Foundation awards $2.9 million for projects to boost the economic security of women and families.
By Rebecca Koenig
Contributor
Giving Up Only Slightly in First Half of 2016, Report Says
The forecast for fundraising in the second half of the year calls for scaling back expectations, according to Atlas of Giving.
By Timothy Sandoval
Contributor
Oil-Price Drop Has Some Nonprofit Newsrooms Tightening Belts
Public broadcasters and nonprofit journalism outlets in the U.S. oil belt are bracing for funding cuts as lingering low prices buffet the economies of energy-producing states, Nieman Lab writes.
Grants Roundup: Facebook Awards $15 Million for Coding Education
Also, the Wyss Foundation gives $8 million for ocean health and Microsoft donates $3.4 million in software and services to aid autistic children.
By Rebecca Koenig
Contributor
Using Data to Deliver Better Outcomes for Needy New Yorkers
A consortium of foundations wants to make antipoverty programs more effective, and they are investing in data analysis to get it done.
By Alex Daniels
Contributor
Grants Roundup: DiCaprio Foundation Backs Conservation Groups, Bank of America Funds Career Training
Also, Salesforce.org quadruples its Force for Change grant making to $4 million this year and the Andrew W. Mellon Foundation awards $3.5 million in arts support.
By Rebecca Koenig
Contributor
General Electric Executive to Take Over as Foundation Head
General Electric executive Ann Klee will take over as president of the company’s charitable foundation, replacing Deborah Elam, GE’s chief diversity officer, according to the Boston Globe.
Grants Roundup: $10 Million From the NFL Creates New Group Combating Sexual Violence
Other notable awards include $40 million from Target for wellness programs and $25 million from the St. David’s Foundation to support health care in Texas.
By Rebecca Koenig
Contributor
PayPal Adding Donation Option to Its Mobile App
Responding to the rapid growth in mobile giving, the digital-payments firm is updating its mobile application to include a button that allows users to make charitable gifts within the app, TechCrunch writes.
Corporate Backing Runs Dry for Boston’s Iconic July 4 Party
David Mugar, the philanthropist who has shaped and sustained the popular celebration for more than 40 years, has been unable to find new sponsors, casting doubt on the future of one of New England’s signature events, writes The Boston Globe.
‘Mein Kampf’ Profits to Benefit Care for Holocaust Survivors
After drawing ire for a plan to use the money for projects supporting tolerance generally rather than Jewish causes, publisher Houghton Mifflin Harcourt agreed to give its proceeds from Hitler’s notorious manifesto to a charity that supports survivors of the Nazi regime, The Boston Globe reports.
Grants Roundup: Rockefeller to Buy ‘Hamilton’ Tickets for 100,000 Kids
The $6-million grant expands to other cities a program the foundation started in New York to bring inner-city students to see the hit show.
By Rebecca Koenig
Contributor
New Credit Card Directs Cash-Back Rewards to Causes
Looking to generate social benefit out of credit-card rewards many consumers leave on the table, public-benefit corporation Charity Charge is producing a card that steers 1 percent of all purchases to nonprofits of the customer’s choice and levies no donation-processing fees, writes Fast Company.
Orlando to Give $7 Million Directly to Shooting Victims
Orlando officials announced Friday that money contributed to a city-led fund to assist those affected by the Pulse nightclub shooting will go straight to victims and families instead of being distributed through charities, The New York Times reports.