Daily News Roundup: Dozens of Fake Veterans Charities Pocket the Money They Raise, Says FTC
The Federal Trade Commission and others have worked together on more than 100 actions against phony nonprofits, which have collected tens of millions in cash and goods. In other articles, a Senate panel approved the Trump administration’s IRS nominee along party lines; a nonprofit for immigrants refuses $250,000 from Salesforce.com; resettlement charities fold or shift their focus as the number of migrants drops; plus more articles on innovation, nonprofits and the law, and opinion.
Daily News Roundup: N.Y. Is Investigating Trump Foundation, Sources Say
The state’s Department of Taxation and Finance is looking into whether the grant maker violated state laws. In other articles, the Interior Department is launching an inquiry into a real-estate deal linking the Zinke Foundation and the chairman of Halliburton; the arrest of alleged Russian agent Maria Butina has drawn attention to a firearms-advocacy group; and more news and features.
A Community Foundation’s Anniversary Campaign Raised More Than $100 Million: Here’s How
The staff planned ahead, held multiple fundraising events, and understood their donors.
By Alex Daniels
Contributor
Daily News Roundup: U.S. Volunteer Groups Stranded in Haiti
Flights have been canceled, and roads are unsafe due to violent protests over fuel prices. In other articles, most of the Trump Foundation’s giving in the past decade has gone to groups that hosted lavish events at Mar-a-Lago; artists Chuck Close and Laddie John Dill and the Sam Francis Foundation have lost a lawsuit against Sotheby’s, Christie’s, and eBay over royalties; and more about giving by LeBron James and China’s most charitable man as well as articles on innovation and social services.
Daily News Roundup: MacArthur Foundation to Fund Immigration Projects
Plus, Charles Koch Foundation steps up support for news media; tech donors’ big donations haven’t paid off for San Francisco schools; public radio explores potential of fundraising through Alexa; Metropolitan Museum in New York sees higher attendance despite fee hike; unequal pay dispute roils Boston Symphony; Colonial Williamsburg Foundation receives rare painting; and more.
Daily News Roundup: Judge Orders FEMA Aid Extension for Puerto Rican Storm Evacuees
Plus, a look at the Christian legal nonprofit that keeps winning at the Supreme Court; emails suggest improper fundraising by Missouri governor who recently resigned; a look at efforts to help revive local journalism; commentator says the Trump Foundation case could force the president to release his tax returns; Arkansas to cut hundreds of health-care jobs; charity’s nuns in India arrested for baby-selling; and more.
Daily News Roundup: Big Donors to Baptist Seminary Challenge Trustees’ Ouster of President
Two dozen benefactors are calling for an investigation of the leader’s firing over comments related to mistreatment of women. Also, a veterans nonprofit stands by an official with past links to Klan; a former CEO blamed heavily for the 2008 financial crisis is now active in philanthropy and real estate; Trump has embraced the big-money donor world he once shunned; and more.
Daily News Roundup: Owner of Annapolis Paper Creates Fund for Mass-Shooting Victims and Families
A family foundation will match the company’s donations up to $1 million. Also, infighting is roiling New York’s Lincoln Center over priorities; a look at the ACLU’s war on Trump and a detailed comparison of the Trump and Clinton foundations; UC-Irvine professor and $10 million donor resigns over sexual harassment allegations; and more.
Daily News Roundup: New Cryptocurrency Fund Aims to Raise $1 Billion for Charity
CEO Brian Armstrong of Coinbase wants to donate directly to people in need. In other articles, the owner of nut company used his foundation to lend millions to business associates; an ethics expert at Stanford argues that big philanthropy is hurting democracy; the $1 billion Gates-backed education initiative is judged a failure; a look at the Trump Foundation’s legal troubles; Columbia University to get international Obama Scholars; and more on tax law, education, and nonprofit leadership.
Daily News Roundup: Billionaires Make Up for Harvard’s Poor Investment Returns
By lagging average investment returns of the Ivy League, the university missed out on $6 billion in investment gains, but it raised more than $9 billion in its latest fundraising drive. In other articles, a $40 million effort to improve nutrition science is nearly out of money; a look at how Sesame Street helps traumatized children; states and communities are fighting to halt sex abuse of people with intellectual disabilities; and much more about giving and poverty and opioid addiction.
The New York attorney general filed a lawsuit alleging that four times Trump signed the grant maker’s tax returns that stated incorrectly his businesses hadn’t benefited from its money. In other articles, the University of Southern Maine got a gift of maps worth $100 million; an interview with the couple who have raised $19 million on Facebook for migrant children; and much more about immigrants and the nonprofits housing the children. Plus, more news about endowments and think tanks and giving.
Daily News Roundup: Millions Given for Migrant Legal Aid
A Texas nonprofit is using the money, in part, to help parents contact their children by phone. In other articles, Facebook and crowdsourcing have helped fuel fundraising for migrants; in the months before its “zero-tolerance” immigration policy, the Trump administration awarded contracts and grants to nonprofits and business to run facilities housing migrant children; and other articles about Trump’s federal-agency overhaul plan and much more news.
New Facebook Fundraising Tool Brings In $1.7 Million for Susan G. Komen
The company’s software syncs with the nonprofit’s, so when people register to raise money for a charity, they get a pop-up message that they can also be raising money on Facebook.
By Megan O’Neil
Contributor
$16.3 Billion Drop in Giving Predicted This Year Due to Tax Cut
The study by the American Enterprise Institute assumes modest economic growth and adds to the growing body of literature predicting rough times ahead for nonprofit fundraising.
By Megan O’Neil
Contributor
Nonprofits See Cloudy Giving Forecast, but the Facts Suggest Sunshine
There are plenty of reasons to doubt the dark spin charity leaders have put on last year’s growth in donations and their pessimism about the outlook for 2018, giving experts Suzanne Garment and Leslie Lenkowsky write.
By Suzanne Garment and LESLIE LENKOWSKY
Affluent Younger Investors Are Gravitating to Impact Investments, Study Says
A Fidelity Charitable survey found that some 70 percent of millennial and Gen X investors are seeking social and environmental as well as financial returns, more than double the rate for older generations.
By Megan O’Neil
Contributor