Daily News Roundup: College Donor’s Ex-Wife Seeks to Recoup Gifted Millions
The former spouse of a major Worcester Polytechnic Insitute benefactor claims in a lawsuit that donations from her ex included money hidden from her during divorce proceedings. Also, authorities in Turkey and India target major international aid charities.
International Charities and Civil-Rights Groups Fight New Trump Travel Plan
Some nonprofits worry about their efforts to resettle refugees in the United States. For other organizations, the travel ban complicates their work.
By Megan O’Neil
Contributor
Daily News Roundup: Russian Hackers Seek Hush Money From Liberal Groups
The organizations have been asked to pay ransoms in the form of untraceable Bitcoins. Also, the bulk of a biotech billionaire’s $12 million gift to a college has benefited a company he owns.
Most large grant makers give about 5 percent of assets annually, according to a Chronicle analysis. Critics say they should do better. Plus, see our interactive guide to giving rates at the nation’s biggest foundations.
By Alex Daniels
Senior Editor, Foundations
Daily News Roundup: College Endowment to Divest From Companies That Deny Climate Change
Also, more nonprofit leaders are paying their leaders seven figures or more, and museums are seeing surge in donations of art from baby boomers.
Capitol Hill Critics of Red Cross Renew Transparency Push
Senate Republican Charles Grassley and House Democrat Bennie Thompson want to clarify and expand the government’s access to the charity’s records. Similar legislation Mr. Grassley introduced last year did not advance.
By dan.parks
Contributor
Daily News Roundup: Judge Orders Harvard to Turn Over Donor Information
The federal-court ruling entangles the university in the hunt for a wealthy alumnus’s assets as part of international finance case. Also, the FBI makes an arrest in the wave of recent bomb threats targeting Jewish nonprofits, and a network of Christian denominations mobilizes to fight President Trump’s immigration orders.
Daily News Roundup: Disease Charities Get Big Money From Big Pharma
New research finds that more than 80 percent of the biggest patient-advocacy nonprofits receive funding from drug and medical-device firms. Also, populist leaders in Central and Eastern Europe are cracking down on pro-democracy groups associated with billionaire donor George Soros.
Daily News Roundup: Suit Alleges PayPal Redirected Donations
Also, pharmaceutical firms defend steep price hikes as necessary to subsidize drug-donation programs, and the Metropolitan Museum of Art’s director resigns under pressure.
Trump and GOP Congress Boost Chances of Ending Nonprofit-Politicking Ban
But a lack of public support and opposition from major charity associations could make altering or repealing the Johnson Amendment a tough row to hoe.
By Timothy Sandoval and Megan O’Neil
Arts Leaders Aim to Take Action to Stem Cuts to Arts and Humanities Endowments
Arts leaders have been anxious about reductions in federal funding before but worry they are more likely under the Trump administration.
By Maria Di Mento
Senior Editor
Key Members of Congress to Watch in Debate on Trump Policies
Sen. Orrin Hatch and Rep. Kevin Brady will oversee debate over a tax overhaul that could have significant implications for many charities. Also on Mr. Brady’s agenda: repealing a ban on charity politicking.
By Alex Daniels
Contributor
Daily News Roundup: NYC Plans Big Increase in Homeless Shelters
Also, Jewish nonprofits are hit by another wave of bomb threats, and Harvard’s investment chief shakes up management of the world’s wealthiest endowment.
Daily News Roundup: Stars Sport ACLU Support in Oscar Fashions
Also, a look at Salesforce’s influential “Pledge 1%" model for corporate giving and the rise of cause gift cards targeting millennial consumers.
Daily News Roundup: Major AIDS Charity Draws Fire for Political Spending
Critics say the AIDS Healthcare Foundation is straying from its mission by using its resources on a campaign to limit property development in Los Angeles. Also, Israel denies a work visa for a human-rights nonprofit’s researcher.
Grant Makers Give Money Fast to Challenge Trump Policies
A sense of urgency on issues like immigration and racial and gender justice is prompting progressive foundations and community funds to back new programs and speed up spending.
By Rebecca Koenig
Contributor