Daily News Roundup: Groups Fighting Teen Pregnancy Set to Lose Millions
President Trump’s budget plan would eliminate an Obama-era program that grants $89 million to dozens of organizations for efforts to influence teenage sexual behavior. Also, a San Francisco disability charity forces out its socialite director, and strange bedfellows fight the D.C. Metro’s restrictions on advocacy ads.
Daily News Roundup: Death of Volunteers Prompts Suit Against Nonprofit
The parents of two British women who drowned while volunteering in South Africa say the charity that organized the trip bears responsibility. Also, cities are repealing restrictions on panhandling in the face of court defeats, and the ACLU jumps into a coal company’s lawsuit against John Oliver.
Nonprofit Leaders Making Their Voices Heard on Tax Issues
It’s unclear whether Congress will actually take up tax legislation soon, but charity leaders want lawmakers to know where they stand on the charitable deduction, and two scholars are pushing for changes to make more money from individuals available to nonprofits.
By Alex Daniels
Contributor
Daily News Roundup: Charities Mount Capitol Case for Universal Deduction
The push to open the write-off for donating to all taxpayers aims to counter a proposal to double the standard deduction, which nonprofit leaders say would cut into giving. Also, New York’s booming real-estate market has financially struggling congregations looking to sell historic houses of worship.
Charities Split Over Ethics and Fundraising Risks of Returning to Mar-a-Lago
A Chronicle analysis shows nonprofits from across the country have hundreds of thousands of dollars at stake as they decide whether they will face fundraising or image risks in returning to the Florida resort owned by the president.
By Timothy Sandoval
Contributor
Daily News Roundup: Ala. Senate Hopeful Hit Over Pay as Nonprofit Head
An attack ad cites $1 million in compensation Republican candidate Roy Moore and his wife received as leaders of a Christian legal-aid group. Also, the head of GM’s philanthropy unit resigns, and the National institutes of Health leaves millions on the table in ending a brain-research partnership with the NFL.
Daily News Roundup: Zuckerberg-Chan Initiative Adds Another Adviser
Joel Benenson, a former Hillary Clinton and Barack Obama pollster, also works for the American Civil Liberties Union. Also, pension and endowment values at the University of California grew 14 percent thanks to lower money-management fees.
Daily News Roundup: Koch Fund Donation Prompts Concerns About Academic Freedom
The $10 million from the Charles Koch Foundation will go toward an economics and quantitative-analysis institute at the University of Utah. Also, PBS warns proposed government cuts could close some stations.
Daily News Roundup: Rockefeller Backs Social-Good Investment Startup
The new group’s goal is to help charities create exchange-traded funds that benefit the charities. Also, women are gaining prominence in Jewish philanthropy, and twice as many churches now offer sanctuary to illegal immigrants, but they have few takers.
Daily News Roundup: Nonprofit’s Twist on Private-Equity Fund Aims to Speed Diabetes Research
The Juvenile Diabetes Research Foundation’s new nonprofit invests in companies studying the disease. Also, the United States is suspending a program that fights extreme poverty.
How to Capitalize on Donor-Advised Funds
The Chronicle’s “What Donors Want: Donor-Advised Funds” gives you advice you can use to tap into this fast-growing trend.
Daily News Roundup: Boy Scouts CEO Apologizes for Trump Speech
Also, a judge has ordered Apple to pay $500 million to a research foundation, and President Trump has donated his $100,000 second-quarter salary to the Department of Education for a STEM camp.
Daily News Roundup: Chinese Man Makes Mysterious $18 Billion Donation
A man contributed a large share of a giant Chinese company to a new foundation based in New York, prompting scrutiny. Also, Google committed $50 million to efforts to prepare workers for the new economy.
How to Keep Your Charity Neutral in a Partisan World
Nonprofit leaders offer smart tips for remaining apolitical to build bipartisan support among lawmakers and donors. The advice can also benefit groups that take a neutral stance but are plunged unexpectedly into a political controversy, as happened to the Boy Scouts this week after President Trump made a speech at its jamboree that included partisan political comments.
By Maria Di Mento
Senior Editor
NoVo Creates $20 Million Social-Justice Fund to Fight Trump-Inspired Threats
Jennifer and Peter Buffett’s NoVo fund will put a priority on projects led by women and coalitions that bring together people from different countries.
By Rebecca Koenig
Contributor
Many Big Nonprofits Rapidly Stockpiling Endowment Cash, Chronicle Data Shows
For 253 of the more than 1,600 nonprofits studied, the dollars flowing into their endowments over six years exceeded the dollars flowing out by more than four to one.
By Megan O’Neil
Contributor