From Political Fighter to Philanthropy Leader
Evan Feinberg spent years playing hardball politics. Now, with grants from Charles Koch and other conservative donors, he’s running a nonprofit that aims to bring people together to alleviate poverty.
Bots Might Help Fundraising Focus on What Matters: Engaging Donors
By freeing up staff, advanced technology could give humans more time to build personal ties with supporters.
What A.I. Means for Doing Good
Technologies being tested today could transform nonprofits. But what happens when charity loses some of its human element?
Daily News Roundup: U.S. Volunteer Groups Stranded in Haiti
Flights have been canceled, and roads are unsafe due to violent protests over fuel prices. In other articles, most of the Trump Foundation’s giving in the past decade has gone to groups that hosted lavish events at Mar-a-Lago; artists Chuck Close and Laddie John Dill and the Sam Francis Foundation have lost a lawsuit against Sotheby’s, Christie’s, and eBay over royalties; and more about giving by LeBron James and China’s most charitable man as well as articles on innovation and social services.
Daily News Roundup: MacArthur Foundation to Fund Immigration Projects
Plus, Charles Koch Foundation steps up support for news media; tech donors’ big donations haven’t paid off for San Francisco schools; public radio explores potential of fundraising through Alexa; Metropolitan Museum in New York sees higher attendance despite fee hike; unequal pay dispute roils Boston Symphony; Colonial Williamsburg Foundation receives rare painting; and more.
Daily News Roundup: Big Donors to Baptist Seminary Challenge Trustees’ Ouster of President
Two dozen benefactors are calling for an investigation of the leader’s firing over comments related to mistreatment of women. Also, a veterans nonprofit stands by an official with past links to Klan; a former CEO blamed heavily for the 2008 financial crisis is now active in philanthropy and real estate; Trump has embraced the big-money donor world he once shunned; and more.
Daily News Roundup: New Cryptocurrency Fund Aims to Raise $1 Billion for Charity
CEO Brian Armstrong of Coinbase wants to donate directly to people in need. In other articles, the owner of nut company used his foundation to lend millions to business associates; an ethics expert at Stanford argues that big philanthropy is hurting democracy; the $1 billion Gates-backed education initiative is judged a failure; a look at the Trump Foundation’s legal troubles; Columbia University to get international Obama Scholars; and more on tax law, education, and nonprofit leadership.
Daily News Roundup: Judge Urges Trump to Settle Foundation Lawsuit
The judge said the president’s nonprofit should try to reach an agreement with the New York attorney general to dissolve. In other articles, the Templeton Prize this year is going to the King of Jordan for promoting cooperation among Muslims with different traditions; the San Diego Foundation has dismissed its CEO; a $25 million donation will go toward creating artificial intelligence to treat heart disease; and much more on immigration and arts and culture and politics, government, and nonprofits.
Daily News Roundup: Zuckerberg and Sandberg Give to Unite Immigrant Families
The pair gave to an online drive by former Facebook employees raising money for a Texas nonprofit. In other articles, a look at what would happen if university endowments invested only in funds with diverse hiring practices; how the Koch brothers are fighting public-transit plans; and more about big philanthropy and other news.
Affluent Younger Investors Are Gravitating to Impact Investments, Study Says
A Fidelity Charitable survey found that some 70 percent of millennial and Gen X investors are seeking social and environmental as well as financial returns, more than double the rate for older generations.
Daily News Roundup: $50 Million Gift to Cincinnati Zoo
In other articles, the former chairman of Wells Fargo is giving $20 million to DePauw University; the Gates Foundation is starting a nonprofit biotech in Boston; a little-known conservative Midwestern couple is wielding big influence in philanthropy; “design thinking” can help nonprofits with fundraising; how to get narcissists to give to charity; and other articles about legal news and investing and opinion and much more.
Gates Jumps Into International Education With $68 Million for Data-Based Solutions
The four-year commitment is intended to help figure out what works, especially in poor countries.
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.
Wealthy Men More Likely Than Women to Replace Charitable Giving With Impact Investing
Women appear to be more interested than men in impact investing, a new study finds, but generational differences and who controls giving dollars are additional influences.
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.
Some International Groups Saying Hiring More Locals Boosts Results
Proponents say the change can lead to big gains in results, but it also has meant job losses for employees previously deployed to the field from nonprofits’ headquarters.