Daily News Roundup: Santa Fe Shooting Survivors Start Nonprofit
In other articles, the Parkland students that formed the nonprofit March for Our Lives are trying new ways to hold politicians and businesses accountable for gun safety; critics are questioning Food for the Poor’s claims of low administrative costs; a judge has delayed an order to force Missouri Governor Eric Greitens’s nonprofit to turn over records; Warren Buffett’s charity lunch sold for $3.3 million; and much more about giving and arts and culture and opinion.
Daily News Roundup: Southern Baptist Seminary Fires Leader Over Handling of Sex-Abuse Allegations
Paige Patterson was let go after statements he made about spousal abuse while he was in a previous job were published. In other articles, IBM is pledging $30 million over five years for a global effort to tackle social challenges such as relief after natural disasters; Melinda Gates has been supporting venture-capital firms led by women and minorities; and more news and articles about the arts.
Nonprofits Must Rally Americans to the Ballot Box to Protect the Needy
As voters and lawmakers focus on the midterm elections, it’s essential to support grass-roots organizing and advocacy against policies that would shred America’s safety net.
By MARK ROSENMAN and Nonprofit Activist
Daily News Roundup: Insiders Reap Big Rewards From Foundations
in other articles, a study found that the University of Louisville Foundation overpaid its former president and other ex-officials $3.9 million; the New York attorney general says a veterans charity sold tickets to a raffle that didn’t take place; the Giving Pledge has added 14 more philanthropists; a look at how Warren Buffett’s fundraising lunches started; and more news as well as articles about big donors.
Daily News Roundup: Koch Fund Boosts Education Giving
The Charles Koch Foundation is giving far more to colleges and universities even as its philanthropy is facing more scrutiny. In other articles, single people are often seen as selfish, but research shows otherwise; the number of college students volunteering has hit an all-time low; a nonprofit that thrived after 9/11 has languished in recent years; and more, including opinion and the arts.
Daily News Roundup: Preparing for Rules to Protect Data
A new regulation will affect nearly any group that uses data originating in the European Union. In other articles, Red Nose Day raised more than $42 million; an opinion writer says the Internal Revenue Service may eliminate a form that could lead to revealing names of donors who give more than $5,000; and more articles about the arts and nonprofit news.
Daily News Roundup: House Bill Would Boost IRS Funding and Bar Enforcement of Politcking Ban
In other articles, the Trump administration is planning new rules that would affect states trying to find a workaround for residents who will have a bigger tax bill; the Education Department is seeking to help some borrowers who have requested loan forgiveness in exchange for public service; an opinion writer says rich CEOs are pledging money to fix problems their companies have caused; Michael Bloomberg pledges $42 million for cities; and other articles about giving and museums and more news.
Daily News Roundup: Rich College Endowments May Be Able to Get Tax Break
A bill has been introduced in the House that could waive the tax for some. In other articles, a Southern Baptist leader was removed as seminary president for taped comments he made several years ago about abused women; Red Nose Day raised $100 million for needy children in three years; George Mason University has plans to take the controversy out of its gift agreements; and more news and features about sexual harassment and giving.
How to Raise Money Under the New Tax Law
To decipher the implications for nonprofit leaders, the Chronicle assembled a trio of experts for a recent webinar. Here’s their advice.
By Megan O’Neil
Contributor
Daily News Roundup: ‘Free-Market Philanthropy’s’ Impact on Scientific Research
Billionaires are investing more in biotechnology, raising questions about diversity and more. In other articles, a former Gates Foundation executive will be chancellor of the Pennsylvania State System of Higher Education; the Education Department is conducting a review after a report that teachers’ grants had been converted to loans; a House Committee subpoenaed bank records of a nonprofit tied to Missouri Gov. Greitens; and other articles about sexual misconduct and museums and more.
Foundations and Nonprofits Split Over How to Respond to Tax Changes
A survey shows both groups believe giving from individuals will decline, and many charity leaders want grant makers to be more vocal in promoting the importance of nonprofit organizations as a whole.
By Alex Daniels
Contributor
Daily News Roundup: $180 Million Renovation for 92nd Street Y
In other articles, colleges may try several strategies to avoid the tax on their endowments, like increasing enrollment to reduce endowment-per-student ratio; the Metropolitan Opera found evidence that former conductor James Levine abused or harassed seven people; a mysterious benefactor’s $16 million loan to a college raises questions; and other articles about health care and opinion and more news.
Daily News Update: New Trump Administration Rule Ties Funding to Abortion Restrictions
The effort takes aim at Planned Parenthood, said some administration officials. In other articles, a campaign lawyer for Missouri Gov. Greitens says a Greitens aide took a donor list from a veterans charity, and a Missouri House committee wants a court to compel the Greitens’s nonprofit to turn over records; the Obama presidential library drew scattered protests in Chicago; and much more on nonprofit innovation and the arts and other news.
Kaiser Permanente Puts $200 Million Into Low-Cost Housing
The health-care giant says it has created a $200 million impact-investing fund to address the issue.
By Alex Daniels
Contributor
Daily News Update: Oxfam Chief Announces Departure
Mark Goldring mentioned the nonprofit’s ‘past failings’ after the group’s sex-abuse scandal. In other articles, leaked documents show that the American Museum of Natural History and the World Wildlife Fund have fossil-fuel holdings despite their public positions on climate change, and the University of Virginia gets $20 million for graduate-student fellowships. Also see opinion pieces about helping Jeff Bezos donate his billions; advice to Bill Gates and Mark Zuckerberg on Education; and more.
Overhead Consumes Increasing Share of CFC Dollars
Donations to the campaign have plunged in recent years, but the cost of running it has held steady — and even ticked up a bit last year.
By Timothy Sandoval
Contributor