Daily News Roundup: What Gives Bill Gates Hope
In other articles, the FBI has launched another inquiry into whether the Clinton Foundation engaged in illegal activity; for the first time in half a century, the Metropolitan Museum of Art will charge non-New Yorkers an admission fee; Warren Buffett has given $43 million worth of stock since July; and more.
Daily News Roundup: NYC Ballet Leader Acted With Impunity, Say Dancers
In other news, Meryl Streep and Steven Spielberg are among the celebrities giving to #TimesUp; Betsy DeVos’s foundation donated to 100-plus groups in 2016; big hospitals got richer but provided less charity care under Obamacare; La Salle University is selling 46 masterpieces to fund its strategic plan; and more.
Highlights of a year’s worth of data projects by The Chronicle offer telling statistics about board diversity, the growth of donor-advised funds, and the value of big endowments that have become targets on Capitol Hill.
By Drew Lindsay
Senior Editor, Special Projects
Daily News Roundup: IRS Still Seeing Fallout From Tea Party Scandal
In other news, charities worry that the GOP tax bill will mean less money for those in need; a Refugees International report cites a “failure of leadership” by U.S. officials and shockingly poor conditions in Puerto Rico three months after Hurricane Maria; donations keep rolling in to public media, despite accusations of sexual misconduct against several hosts and editors; a report on what’s holding back the rich from giving larger sums; and much more.
Daily News Roundup: Gates CEO Calls 2017 an ‘Awesome Year’
Sue Desmond-Hellmann cites the number of women speaking out about sexual abuse, progress on fighting tropical diseases, and more. In other news, nonprofits ordered to leave Pakistan say thousands will lose aid; a Chinese conglomerate based in New York plans to give away $200 million; the University of Louisville will not sue its troubled foundation; and more.
Daily News Roundup: Zuckerberg Letter Outlines Long-Term Plan for Philanthropy
In other news, the Gates Foundation is committing $300 million to develop new crops to withstand the ravages of climate change; a graduate who barely squeaked by at the Rochester Institute of Technology donated $50 million to the institution; charity and advocacy are sustaining Sandy Hook families five years after the shootings; and much more on donor-advised funds and impact investing, as well as nonprofits and the law.
Daily News Roundup: Telemarketers Pocketing Most of the Millions Raised by Veterans Charity
In other news, from 2011 to 2015, another controversial telemarketer reportedly raised more than $118 million on behalf of charities and kept $106 million; the New York Philharmonic has made quick work of raising $50 million; five dancers at the New York City Ballet have accused leader Peter Martins of physical abuse; a new research center is helping scientists mine data for good; and more.
Daily News Roundup: Charities Compete Onstage for $100 Million MacArthur Prize
In other articles, A U.N. expert on extreme poverty met Monday with Puerto Rican hurricane victims to assess the U.S. response to the disaster; a report on business executives taking public stands on issues unrelated to their companies’ bottom lines; how libertarian Charles Koch and Silicon Valley are working together to push the idea that government should leave innovation alone; and more.
Daily News Roundup: Politcking and the Tax Code — Freeing Charities or Harming Them?
In other articles, a think tank says 29 million households now writing off donations and other deductions would no longer be able to do so under either of the tax plans; another report says that under the House bill, big donors could give unlimited sums to independent political groups in secret — and write off those contributions; research shows how far people will go to avoid giving — and how behavioral economics can help them be more charitable; and much more.
According to an NBC report, a Russian lawyer told the Senate Judiciary Committee in 2016 that Mr. Trump was seeking information about illegal donations to the foundation. In other news and features: an article on how conspiracy theories about George Soros have obscured other issues with large-scale giving; a report on how nonprofits are using a private-equity fund to pull a poor neighborhood out of poverty; and more.
Cash in Donor-Advised Funds Takes Years to Trickle Out
The report also raises concerns about whether the funds are sometimes used as a tool for tax avoidance with no net benefit to the public good.
By Alex Daniels
Senior Editor, Foundations
A Family That Doesn’t Shy Away From Big, Complex Gifts
Kenn and Pamela Ricci’s $100 million pledge to the University of Notre Dame in October made news not just for its size but also for how it intertwines the donors’ family with the benefactor.
By Maria Di Mento
Senior Editor
House and Senate Now Seek to Reconcile Tax Plan Many Charities Oppose
Nonprofits failed to persuade Congress to take steps to ameliorate damage to charitable giving, and now they worry about the impact of measures that would affect charity politicking, executive compensation, and more.
By Alex Daniels
Contributor
Daily News Roundup: Google Adds Donate Button to Search Results
In other news, a $6 million gift aims to diversify leadership at museums; a drug charity financed almost completely by the pharmaceutical industry may shut its doors; Buzzfeed has identified more than two dozen supporters of Project Veritas; Minnesota Public Radio parts ways with Garrison Keillor over sexual-harassment allegations; and more.
Charity Navigator Adds Details on Nonprofit Results to Aid #GivingTuesday Donors
Using information from independent sites like GuideStar and GlobalGiving, the group hopes to steer donors to nonprofits that are making a difference, not just those with low overhead.
By Timothy Sandoval
Contributor
Daily News Roundup: Trump Foundation Raised and Gave More When Under Scrutiny in 2016
Also, President Trump’s golf course reimbursed his charity more than $158,000, which it had used to settle a lawsuit against the club. In other news, an Indian tech billionaire has joined the Giving Pledge; the new Bible Museum, three blocks from the U.S. Capitol, has political ambitions; how Arabella Advisors helps donors achieve their objectives; and more.