Opinion: Zuckerberg-Chan ‘Charity’ Plan Is Really a Business Strategy
Linsey McGoey, a sociology professor and critic of modern mega-philanthropy, argues in the Guardian that announced plans by the Facebook co-founder and his wife to give away 99 percent of their Facebook shares should be viewed as business rebranded as philanthropy.
Zuckerberg Responds to Criticism of New Philanthropy Vehicle
In a Facebook post Thursday, Mark Zuckerberg defended the corporate structure he and his wife, Priscilla Chan, plan to use to put almost all of their wealth into achieving social ends and funding community projects, The New York Times writes.
Grants Roundup: U. of Texas Health Science Center at Houston Gets $75 Million
Other awards include $4 million from the Wyss Foundation to the Andes Amazon Fund to support the protection of the headwaters of the Amazon River in Peru.
Gates and JPMorgan Back White House Outreach to ‘Unbanked’
The Obama administration announced a set of programs Tuesday to expand financial services to the millions of low-income people in America and around the world who lack access to credit, savings accounts, and other fiscal essentials, reports The New York Times.
Controversial Coke-Backed Anti-Obesity Nonprofit to Close
The Global Energy Balance Network, which came under fire over its Coca-Cola-funded research on obesity, announced Monday that it is disbanding, writes the Associated Press.
Mental-Health Groups Miss Opportunities to Build Support
Overreliance on the same crop of donors and timidity after public tragedies hamper fundraising, says a new study.
Emails Show Coke’s Hand in Shaping Anti-Obesity Nonprofit
Communications between Coca-Cola executives and leaders of an anti-obesity organization that received $1.5 million from the beverage giant show that the company has had significant input on the group’s leadership and work, the Associated Press reports.
Buffett Grandson’s Investment Firm to Focus on Social Good
Howard Warren Buffett, the grandson of billionaire financier and philanthropist Warren E. Buffett, has launched an operating company that will capitalize firms aiming to tackle social problems, The New York Times reports.
Backed by Huge Audiences, Video-Game Stars Get Into Giving Tuesday
How much can international gamer celebrities like Athene raise for charity? Save the Children will find out with its #GamingTuesday.
Grants Roundup: Family Fund Awards $11 Million for Veterinary Medicine
Other awards are going the U.S. Air Force Academy Endowment and to services for immigrant, refugee, and asylum populations.
All-Star Concert and TV Show Back United Way Race Effort
Bruce Springsteen, Pharrell Williams, and other star musicians will perform Wednesday at the “Shining a Light” benefit concert to promote racial justice and reconciliation, the Associated Press and United Press International report.
Obituary: Bruce Dayton, Minn. Retail Mogul and Arts Patron
A scion of the family behind the Target retail chain and a major benefactor of the Minneapolis Institute of Art, Mr. Dayton died Friday at age 97 at his home near Minneapolis, The New York Times and the St. Paul Pioneer Press write.
White House Gathering Tackles Issues Facing Females of Color
The Obama administration, which has taken heat for the gender-specific focus of its My Brother’s Keeper effort for minority males, is hosting a summit Friday focused on expanding opportunity for girls and women of color, Time reports.
U.S. Corporate Support Lacking for Korean War Memorial
The charity that maintains the National Mall monument to Korean War veterans says it is getting no backing from the big U.S. companies that typically support such memorials and is relying instead on Korean firms, The New York Times reports.
Donors Keep Giving to Veterans Charities Even as News Coverage Wanes
Most veterans groups bring in $50,000 or less a year, but the big organizations use strategies to keep them in the public eye.
10 Questions a Board Should Ask Before Hiring a New Leader
Two recruiting consultants provide key questions a board should answer before starting a search for a new executive director or president.