Daily News Roundup: $100 Million Gift Will Start Research Facility at U. of Wisconsin-Madison
The donation, from Foxconn, will require matching funds of $100 million to establish the research facility at the College of Engineering. In other articles, Y Combinator will contribute $60 million to study universal basic income; J.J. Watt’s foundation offers details where the $42 million it has raised for Hurricane Harvey relief is going; the founder of Craigslist has given $1 million in unrestricted money to Mother Jones; and more about news and nonprofit innovation and foundations.
Daily News Roundup: Zuckerberg and Moskovitz Are Spending Big on Midterm Issues
The Facebook co-founders are spending millions to get people to vote on housing and criminal-justice overhaul. Other articles include profiles two philanthropists: Ken Langone, founder of Home Depot, and Hamdi Ulukaya, founder of Chobani yogurt; a report on how money raised for Hurricane Harvey relief was spent; an opinion piece about Anand Giridharadas’s new book Winner Take All and an interview with the author. Plus, much more about nonprofit news and about the arts.
Daily News Roundup: $50 Million Gift Goes Toward Vision Research
In other articles, the United Way’s CEO talks about how the group is modernizing its fundraising strategy; a Georgia State University donor’s gift may have inflated the stock price; Starbucks employees will be allowed to divide their time between work and volunteering; the CEO of the Foundation for Jewish Philanthropies, who had been in paid leave, has resigned; a Harvard professor makes an argument for public-interest tech courses at universities. Plus, news and opinion on the arts and culture.
Daily News Roundup: Trump Ex-Lawyer Cohen Subpoenaed in Trump Foundation Inquiry
He could give N.Y. State investigators information as they look into whether Trump or his nonprofit did anything illegal. A British tycoon killed in a seaplane crash with his family left Oxfam $53 million due to a “common tragedy clause” in his will; a Wisc. financial adviser is accused of mishandling $3 million; half of the directors and officers of the Immigration and Customs Enforcement’s charitable foundation have connections to businesses that get money from ICE or its foundation; and more.
How I Helped Create the Donor-Advised Fund Monster — Inadvertently
The founder of the Tides Foundation borrowed the idea from community foundations, but with a twist. Then the IRS granted Fidelity’s DAF charity status, and the trouble began
By Former Ceo Of The Tides Foundation
Contributor
Daily News Roundup: $20 Million From Rockefeller to Improve Access to Energy in Rural India
In other articles, the American Civil Liberties Union has sued a Rhode Island city for allegedly withholding federal grant money from a group that helps victims of domestic and sex abuse; the Trump administration may penalize legal immigrants for using government benefits like Medicaid and food stamps; Ford Foundation official to head Surdna Foundation; and more articles about arts and culture.
Charities Divided on Mentioning Taxes in Year-End Appeals
Now that less than 10 percent of Americans will likely claim charitable deductions, nonprofits are questioning whether they should mention write-offs at all in their mass holiday-season appeals.
By Timothy Sandoval
Contributor
Daily News Roundup: Catholics Weigh Whether to Stop Giving Amid Sex-Abuse Scandals
In other articles, allegations of sexual misconduct have come to light at two private schools — the Hotchkiss School in Connecticut and the Key School in Annapolis; the Cleveland Orchestra has hired a law firm and formed a committee to conduct an independent investigation of alleged sexual-misconduct of concertmaster William Preucil; and a look at how small gifts can have as great an impact as big ones. Plus see more about giving and the limits of charity regulation and other news and features.
Daily News Roundup: Free Tuition Is Surprise Gift for All NYU Medical Students
New York Medical School announced it would cover tuition, and an anonymous gift will fund tuition for the University of Houston Medical School’s inaugural class. On other topics, a look at whether the Trump Foundation has violated federal law; the Soros Foundation will leave Hungary by the end of the month; the challenge of giving away $1 billion; plus news about museums and the arts.
Daily News Roundup: 3 Days on the Road With Parkland Student Activists
The New York Times has been following the high-school students as they travel the country registering voters and talking about gun violence. Plus, the Guardian reports on how diversity is part of the struggle for the Parkland students. In other articles, an accountant in Hawaii has been sentenced to 25 years in prison for stealing $7 million from a nonprofit; a charity founded by Mark Zuckerberg and Bill Gates is helping separated migrant families; and more about giving and other news.
Daily News Roundup: Priests Sexually Abused More Than 1,000 Children in Pa., Says Grand-Jury Report
State church leaders persuaded victims not to report the abuse and law-enforcement officers not to investigate, the report says. In other articles, donors to colleges are increasingly demanding more information about how their money is used; the Art Institute of Chicago has a long history of bringing in big gifts — here’s how it does it; the Negro Leagues Baseball Museum got a “groundswell of support” after vandals flooded its new education center. Plus, articles on innovation, giving, and more.
Lawmakers, Ask Human-Service Experts About New Approaches on Federal Programs
The administration’s proposal to merge federal departments and create a Department of Health and Public Welfare will hurt crucial nonprofit efforts to promote the well-being of all Americans.
By National Human Services Assembly
Contributor
Daily News Roundup: Fundraisers Host Extreme Events to Raise More Money
Studies have shown that the harder the challenge, the more people give. In other articles, churches lose billions every year through fraud, but the solution may lie with the IRS; two nonprofit scholars say that even with 1.5 million nonprofits in the United States, there is room for more; studies show that three simple tricks can nudge donors to increase their gifts; and more about giving and celebrity philanthropy.
Daily News Roundup: Fund Created to Give Out $266 Million in Civil-Rights Settlement
Native American farmers and ranchers will receive the funds, which the U.S. government agreed to pay after 20 years of discrimination. In other articles: why the Roman Catholic Church is still struggling with sex-abuse scandals; a private email shows that the former president of the Salk Institute tried to discourage a professor from suing the organization for gender discrimination; and much more, including articles on innovation and opinion pieces about Gerry Lenfest.
Daily News Roundup: Fidelity’s New Female Chief Is Intensely Private — and a Big Philanthropist
A generous but anonymous supporter of charities, Abby Johnson aims to remake the finanial services company she took over from her father. Also, museums seek to cultivate more curators of color; it’s harder than you think to return tainted donations; and storm-ravaged Puerto Rico gets water relief from an unlikely duo.
Daily News Roundup: Judge Invalidates Ruling on Anonymous Gifts to ‘Dark-Money’ Groups
The Federal Election Commission’s regulation “blatantly undercuts the congressional goal of fully disclosing the sources of money flowing into federal political campaigns,” the judge wrote. In other articles, LeBron James’s funding of a public school is a departure from most suuch celebrity gifts, which usually go to charters; and local aid workers make less than their international counterparts, even though their jobs can be riskier. Plus, more news about taxes, sexual harassment, and the arts.