Daily News Roundup: Embracing Giving as a ‘Child of the Pledge’
Since billionaire businessman and mental-health donor Ted Stanley’s death last year, his son Jonathan has focused on fulfilling his father’s Giving Pledge commitment. Plus, more details on the inflighting at the Heritage Foundation.
Federal Budget Deal Largely Preserves Spending on Nonprofit Priorities
Programs benefiting low-income families, veterans, the homeless, and community development will remain mostly intact, at least through September, under a new spending bill President Trump pledged to sign this week.
By Megan O’Neil
Contributor
Daily News Roundup: Jim DeMint Reportedly Out at Heritage Foundation
Also, Feed the Children looks within its own ranks in naming a new CEO, and the head of University of Utah Health System resigns after clashing with megadonor Jon Huntsman Sr.
Daily News Roundup: Ex-Congresswoman Fights Nonprofit Fraud Charges
Also, a Gates Foundation impact report says the grant maker boosted Seattle’s local economy by $1.5 billion in 2015, and a nonprofit breaks ground on a long-planned museum to honor Jackie Robinson.
Tax Lawyers Say Trump Plan Does Little to Help Charities
Experts gathered in Washington said they were concerned administration officials didn’t understand how changes they proposed would undermine their goal in keeping the charitable deduction intact.
By Alex Daniels
Contributor
Daily News Roundup: Metropolitan Museum of Art Mulls Ticket Charge for Non-New Yorkers
Mayor Bill de Blasio endorsed the deficit-plagued museum’s proposal to make entrance fees mandatory for visitors from outside the city. Also, Livestrong says it’s turning a fundraising corner after three years of plunging donations, and an African charity teams with dating app Tinder to help super-rare rhinos breed.
New Leader, New Era: Rockefeller Foundation Plots Its Course
Rajiv Shah sits down with The Chronicle for a wide-ranging discussion about his plans to focus on a few big bets, strengthen the grant maker’s partnerships, and work with the Trump administration.
By Rebecca Koenig
Contributor
Trump Tax Plan Would Reduce Giving Incentives, Experts Say
Nonprofit leaders are relieved the plan preserves the charitable deduction but worry that other provisions like elimination of the estate tax would dramatically lessen inducements to give.
By Alex Daniels and Megan O’Neil
Daily News Roundup: Donna Shalala Steps Down as Clinton Foundation President
Also, the University of Utah reinstates the head of the Huntsman Cancer Institute after encountering furious resistance from its benefactor, and tension grows at the University of Nevada at Las Vegas over fundraising for a new medical school.
These Aren’t Ronald Reagan’s Budget Cuts
When the Gipper planned to slash spending, he made a philosophical argument about the role of philanthropy. Unlike President Trump.
By BENJAMIN SOSKIS
Contributor
Daily News Roundup: Fear of Terror Financing Hinders Aid Work
Relief groups say urgent humanitarian work is being delayed by banks’ reluctance to wire money into countries where terrorist activity takes place. Also, how big charities’ brand recognition widens inequality in the nonprofit world, and the Robin Hood Foundation names a new leader.
What Nonprofits Can Do to Prepare for a Government Shutdown
Charities should be doing extensive planning now in case Congress can’t reach a budget deal by the end of the week, nonprofit experts say.
By Megan O’Neil
Contributor
Majority of Foundations Say Trump Policies Are Prompting Grant-Making Changes
Some grant makers are increasing spending, while others are changing their priorities for giving, according to studies by the Center for Effective Philanthropy and Exponent Philanthropy.
By Alex Daniels
Contributor
Daily News Roundup: Tom Brady’s Trust Gets Millions From Charity He Backs
Plus, the Bay Area property boom begins hitting Oakland nonprofits’ pocketbooks, and this year’s winners of the activism-honoring Goldman Environmental Prize are announced.
Daily News Roundup: India Blocks Foreign Funding of Gates Grantee
Also, Forbes offers a detailed breakdown of David Rockefeller’s charitable bequests, and Time highlights philanthropic and humanitarian work on its list of the world’s 100 most influential people.
Daily News Roundup: Conn. Charities Could Lose Sales-Tax Exemption
The proposal, aimed at reducing the state’s huge budget gap, would cost Connecticut charities more than $200 million a year. Also, a look at ties between a pharmaceutical giant and a tiny disease charity, and a big gift aims to send every student at a Maine college to study abroad.