Daily News Roundup: $37 Million Tex. Haul Raises Giving-Day Bar
Also, Yale University bucks the 2016 trend of college-endowment losses, and new census data shows the first significant drop in U.S. proverty since the Great Recession.
Daily News Roundup: Digging Deeper Into $3 Billion Chan-Zuckerberg Pledge
Also, Harvard’s endowment reports weak 2016 investment results, and a Buffalo art museum is setting speed records with its capital campaign.
Daily News Roundup: Soros Pledges $500 Million for Migrant-Led Businesses
Also, more disclosures of possible breaches of federal and state charity laws by the Donald J. Trump Foundation, and Catholic Relief Services looks within to hire a new CEO.
Study Finds Jump in No-Strings Giving to Arts Groups
Fundraising efficiency is rising at cultural organizations, according to a report by the National Center for Arts Research.
By HEATHER JOSLYN
Contributor
Daily News Roundup: Tech Boom Has Downside for Silicon Valley Nonprofits
Also, internet mogul Marc Benioff turns his philanthropic attention to the oceans and the University of New Hampshire draws fire for how it is using a late longtime campus employee’s $4 million bequest.
Faith-Based Groups and Companies Drive $1.2 Trillion in Impact, Says Study
U.S. congregations and hospitals, educational institutions, charities, and businesses shaped by religious values constitute an economy bigger than Mexico’s, according to new research.
By HEATHER JOSLYN
Contributor
Daily News Roundup: 10 Schools to Share $100 Milllion From Powell Jobs Venture
Plus, the Clinton Foundation’s largest affiliate lays plans to separate from the mothership if Hillary Clinton becomes president, and the N.F.L. commits $100 million for research and other work to address head trauma among players.
Multiple Revenue Streams Challenge Finance Officers, Study Finds
The survey of some 400 nonprofit finance professionals also found that one in five have no formal training in finance or accounting and one in eight were initially hired by their organization for another type of job.
By Rebecca Koenig
Contributor
Daily News Roundup: N.Y. Investigating Trump Foundation
Also, a Congressional subcommittee hears from universities that use their endowments to cut student costs, and a Florida college sues to collect a naming gift from a late donor.
Daily News Roundup: How Trump Foundation Spends Other People’s Money
Plus, Chelsea Clinton says she will stay with her family’s charity if her mother is elected president, and the Unversity of Louisville threatens to sue its nonprofit fundraising arm.
Charities Slam UN’s Syria-Relief Effort Over Assad Ties
More than 70 charities are suspending cooperation with the United Nations in Syria amid controversy over reports that lucrative U.N. aid contracts have gone to people and entities allied with President Bashar al-Assad, the Thomson Reuters Foundation writes.
Candidate’s Charity Pay Becomes Issue in Mo. Governor’s Race
Missouri’s Democratic gubernatorial nominee is slamming his Republican rival for collecting a six-figure salary while leading a nonprofit that helps veterans transition to civilian work through volunteering, reports the Associated Press.
Trump May Owe IRS More for Foundation’s Political Donation
The Republican presidential nominee may be liable for additional penalties arising from his charity’s 2013 contribution to a political organization affiliated with Florida Attorney General Pam Bondi, tax experts tell The Wall Street Journal.
Houston Tops Watchdog’s Ranking of Charitable Cities
For the second straight year, Charity Navigator ranked the Texas city No. 1 among major U.S. urban areas for the financial health and transparency of its nonprofit scene, Houston Business Journal writes.
Vt. College’s Ex-President Blames Closure on Bad Land Deal
Carol Moore, the former leader of Burlington College, criticized the shuttered institution’s board for hiring her predecessor, Jane Sanders, and allowing Ms. Sanders to spend $10 million on land for a proposed campus expansion, Vermont Public Radio reports, citing a letter to The Chronicle of Higher Education.
Foundations Can Use Their Shareholder Muscle to Fight Climate Change
Proxy measures are gaining steam at fossil-fuel companies, but it takes more grant makers joining forces to make a difference.
By Laura S. Campos
Contributor