2nd Big U. of Louisville Donor Demands Foundation Audit
The C.E. and S. Foundation echoed another major contributor’s threat to cut off giving unless the university’s nonprofit fundraising arm undergoes a forensic financial review, reports The Courier-Journal.
Clinton Charities Reportedly Skirted N.Y. Law on Disclosure
The Clinton Foundation and an affiliated health nonprofit failed to identify foreign donors in filings with New York state regulators throughout Hillary Clinton’s term as secretary of state and reported far less in total foreign fundraising to the state than it did to the IRS, according to Scripps News.
Group Behind D.C.’s Biggest Charity Balls Is on the Rocks
The Washington Post examines the decline and possible demise of CharityWorks, which annually staged two of Washington’s glitziest fundraising parties.
Calif. Charity to Handle Finances for Black Lives Matter
After quietly working together since late last year, Black Lives Matter and the International Development Exchange recently formalized a partnership under which the San Francisco nonprofit manages grants and donations for the burgeoning antiracism network, the Associated Press reports.
Big U. of Louisville Donor Wants Audit of College Foundation
The James Graham Brown Foundation is threatening to cut off giving unless the campus’s nonprofit fundraising arm accedes to a forensic financial review following controversies over its spending and relationship with the recently departed university president, The Courier-Journal writes.
New African-American Museum a Product of Persistence
The New York Times recounts the intense, years-long lobbying and fundraising effort that produced the National Museum of African American History and Culture opening September 24 in Washington.
Record-Setting Harvard Campaign Passes $7 Billion Mark
The university announced Thursday that it has topped its $6.5 billion target with nearly two years to go in the biggest-ever collegiate fundraising drive, campus newspaper The Harvard Crimson writes.
Muscular Dystrophy Charity Adjusts to Life After Telethon
A year after scrapping its signature Labor Day telethon, the Muscular Dystrophy Association is facing financial challenges but also expanding its digital footprint and pledging to double spending on developing and testing new treatments for diseases that debilitate muscles, reports the Associated Press.
Checks Still Dominate Donation Transactions, Despite High Cost for Small Gifts
The smaller the gift, the less cost-effective it is for recipients to process by check, but paper remains the giving method of choice for nearly half of donors, a PayPal/GuideStar study finds.
By Rebecca Koenig
Contributor
Charity Navigator Gives Top Marks to Clinton Foundation
The nonprofit watchdog issued a four-star ranking for the embattled charity Thursday, eight months after removing the foundation from its “watch list,” writes the Associated Press. Also, Politico reports on Bill Clinton’s staff’s use of federal funds allocated to ex-presidents to subsidize some operations at his foundation.
Zero-Rated Veterans Charity With VA Tie Shutting Down
The National Vietnam Veterans Foundation is closing several months after drawing media scrutiny for collecting tens of millions of dollars on behalf of former service members but spending almost all of it on fundraising, CNN reports.
College Chain Files Suit Over Nixed Bid for Nonprofit Status
The Center for Excellence in Higher Education’s legal challenge asserts that a political bias against commercial colleges drove the U.S. Education Department’s rejection of its request that its institutions be considered nonprofit for financial-aid purposes, reports The New York Times.
Parkinson’s Researcher Says Feud With Fox Fund Delays Drug Trial
A clinical trial for a promising new treatment for Parkinson’s disease is in limbo amid a dispute between Georgetown University scientists and the Michael J. Fox Foundation, the most prominent Parkinson’s charity, health-news site Stat reports.
Missing $500,000 Gift Prompts Inquiry at N.Y.’s City College
The City University of New York is conducting an internal investigation into what happened to the donation to its flagship campus, the City College of New York, after senior faculty learned the account that was supposed to hold the contributed funds was nearly empty, reports The New York Times.
Hershey Takeover Bid Dead; Uncertainty at Trust a Factor
A rival corporation’s monthslong attempt to acquire Hershey Co. is over following a rebuff of the latest takeover offer by the troubled charitable trust that controls the giant chocolatier, reports The Wall Street Journal.
World Vision Says Its Review Cleared Staffer Charged in Gaza
The Christian aid charity says it conducted an internal investigation of its Gaza director months before he was accused by Israeli authorities of diverting millions of dollars to militant Palestinian group Hamas and found no evidence of wrongdoing, The Wall Street Journal reports.