Big Gifts That Keep On Giving to Local Economies
Measuring the economic impact of giving is tricky, but if more donors were concerned about it, they’d probably give very differently than they do now, experts say.
By Ben Gose
Senior Editor
Daily News Roundup: Oxfam Admits Sexual Misconduct
Also, Oxfam is facing funding losses amid the growing crisis. Plus, two opinion pieces on Oxfam: Its obsession with public relations has hurt its mission; and its current troubles are no reason to cut foreign aid. In other news, Kenneth Cole is pushed out as amfAR chair over Weinstein controversy; Newman’s Own avoids major tax hit; and more news and leadership changes.
Calif. Bill Keeps Charitable Deduction in Reach for More Taxpayers
The bill, which many state nonprofits support, is an effort to work around the new federal cap on the deduction for state and local taxes.
By Megan O’Neil
Contributor
Silicon Valley Community Foundation’s Assets Outpace Ford Foundation
For the first time in recent memory, a community foundation is now in the top ranks of grant makers. Only the philanthropies of George Soros and Bill and Melina Gates have bigger endowments.
By Alex Daniels
Senior Editor, Foundations
Nonprofit Uses Creative Impact Investing to Stem Foreclosures
New Jersey Community Capital buys pools of troubled mortgages at a discount and then modifies the loans to help homeowners. Vacant properties or converted to affordable housing.
By NICOLE WALLACE
Features Editor
6 Ways to Attract and Nurture Self-Made Donors
When seeking gifts from newly wealthy donors, educate them, encourage networking, start small, and pay attention to women and kids.
By Megan O’Neil
Contributor
Daily News Roundup: Humane Society Sexual-Harassment Controversy Widens
Two senior executives are being investigated for incidents going back more than a decade. In other news, an aid group says that the Border Patrol routinely undermines efforts to help migrants; the California Senate has passed a bill that would let residents pay taxes through a federally deductible, state-run charity; some companies are making charitable deductions with their savings from the new tax law; and much more, including articles on giving and nonprofit leaders.
Daily New Roundup: 3 Women Accuse Humane Society CEO of Sexual Misconduct
Investigators from a law firm hired by the Humane Society interviewed 33 people including the CEO, Wayne Pacelle. In other news, the Salvation Army got a $50 million gift to aid the homeless; FEMA is ending food and water aid to Puerto Rico; the Trumps have invited the founder of a nonprofit rescue team to the State of the Union address; why more Super Bowl ads are pushing nonprofit causes; and much more, including articles on Russian and the NRA and the Koch brothers’ network.
Journalism as Charity? How For-Profit Media May Undercut Nonprofits
In the wake of Trump’s election, journalism is now being promoted as a cause, complete with language used by nonprofit fundraisers.
By Drew Lindsay
Senior Editor, Special Projects
Daily News Roundup: Banks and Universities Often Have Lucrative Partnerships
Banks have contracts across the country that essentially make universities their sales representatives. In other articles, employee theft at nonprofits is commonplace; the #MeToo movement has reached evangelical nonprofits; the NCAA president was notified about sexual-assault reports years ago; Cecile Richards discusses her post-Planned Parenthood plans; an opinion column makes the case for foundations to spend down their assets and close; and much more.
Daily News Roundup: Conn. Theater Leader Accused of Sexual Misconduct
in other articles, the University of Texas is the richest public university in the country, but very little of its endowment goes to financial aid; a Silicon Valley program to educate the world’s poorest children has become a lightning rod over its teaching methods and more; President Trump has pursued two-thirds of the policies recommended by the conservative Heritage Foundation; and much more.
Financial Stress a Constant for Social-Service Groups, Says New Report
One in eight is technically insolvent at a time when services are needed more than ever due to an aging population, government cutbacks, and the opioid crisis, among other factors.
By NICOLE WALLACE
Features Editor
What Nonprofits Do — Good and Bad — When a Shutdown Looms
Some find emergency funding, figure out what programs will be affected, and keep the staff informed. Others wait and worry.
By Ariella Phillips
Contributor
Tax Law Eliminates Giving Incentive for 21 Million Americans, Study Says
The number of taxpayers who itemize under the new law will plunge from 37 million to about 16 million in 2018, according to the Tax Policy Center.
By dan.parks and Megan O’Neil
Postal Rates Would Increase for Nonprofits Under Proposal
Charities have until March 1 to comment on the proposed changes.
By Timothy Sandoval
Contributor
Daily News Roundup: Charities Fear Drop in Donations From Government Workers
Giving to the combined federal campaign has been on the decline since its peak of $282.6 million in 2009. In other news, the Trump administration wants to revamp regulations on bank lending to the poor; the GOP tax plan’s levy on university endowments will hurt colleges mostly in Democratic areas; World Vision’s president plans to step down at the end of the year; and more, including articles on the Metropolitan Museum of Art’s new admissions policy.