Charities Will Soon Learn How the Tax Law Has Affected Charitable Giving: Daily News Roundup
Studies predict nonprofits will bring in $13 billion to $20 billion less. Plus, the co-founder of the cryptocurrency trading app Coinbase has signed the Giving Pledge; Planned Parenthood has been accused of discriminating against pregnant employees; the Justice Department is investigating the biggest migrant shelter for possible misuse of federal money; Fast Company suggests 28 nonprofits for year-end donations; and more news and articles about big donors, corporate giving, and workplace giving.
Northeastern U. Nets $50 Million for Artificial Intelligence and Robotics: Gifts Roundup
Also, Houston Baptist University receives $20 million for classroom and laboratory space, and Harvard Medical School will use $1.5 million to improve the health care given to transgender patients and other sexual minorities.
By M.J. Prest
Senior Editor, Solutions
December 20: Trump Attacks N.Y. Attorney General Over Foundation Lawsuit: Daily News Roundup
President Trump lashed out at the New York attorney general who brought the suit against his foundation. In other articles, Steven Spielberg is expanding the mission of his Shoah Foundation to fight hate; the Justice Department has sued promoters of conservation easements, which it alleges use overvalued land appraisals; and much more news, articles on innovation; and opinions about the Trump philanthropy.
Benioffs Donate $15 Million to Children’s Hospital for Mental Health: Daily News Roundup
The gift is the last part of $50 million the couple had pledged to a hospital in Oakland, Calif. Plus, this year’s winner of the Nobel Peace Prize plans to start a fund for women victims of war-related sex crimes; a judge’s ruling that the Affordable Care Act is unconstitutional could hurt the credit quality of nonprofit hospitals; two op-eds discuss the Trump Foundation’s closing, the New York attorney general’s lawsuit against the charity, and where its remaining assets should go; and more.
Trump Is Shutting Down His Charity: Daily News Roundup
The decision has been made amid allegations that he used it for personal and political gain. Plus, Northwestern University got $50 million for artificial-intelligence study; small gifts are down since the new tax law took effect, but big gifts more than compensate; five ways giving is likely to change in 2019; an aid worker in Yemen discusses conditions there; seven considerations donors should keep in mind for year-end giving; and more.
Chan Zuckerberg Initiative Hires Its First Investment Chief: Daily News Roundup
David Lee, managing director of Princeton University’s endowment, will oversee $10 billion. Plus, in the midst of her sold-out book tour, Michelle Obama attended a small workshop at a community group where she once worked; the Wall Street Journal reviews apps that teach children about giving; Ken Griffin talks about the $700 million he has given away and what attracts him to particular nonprofits; judging nonprofits by how much they spend on administrative expenses is flawed; and much more.
$125 Million From Paul Allen Announced; Spelman College Lands $30 Million: Gifts Roundup
Plus University of Kentucky and North Carolina School of Science and Mathematics, a public high school, received large donations.
By Maria Di Mento
Senior Editor
Spelman College Gets $30 Million Gift: Daily News Roundup
The contribution will go toward the Center for Innovation and the Arts. Also, giving to historically black colleges and universities has been up the past two years as the institutions have focused more on cultivating big donors. Plus, Save the Children was fooled by a sophisticated email scam into sending $1 million to a fraudulent account in Japan; as the Boy Scouts has tried to modernize, some of its efforts have backfired; and much more news and articles about big gifts and innovation.
Boy Scouts Considering Bankruptcy Filing; Google Donation Tool; Daily News Roundup
The potential chapter 11 filing would halt lawsuits against the organization for alleged inappropriate behavior by employees. In other articles, Google has added a donate feature for users of Android phones; the Senate voted to overturn a Treasury Department rule on donor disclosure; an Australian businessman who died last month left $4 billion to his charitable foundation; the Glide Foundation has been sued by its parent organization, the United Methodist Church; and much more.
Salesforce.Org to Include Schools in Its Philanthropy: Daily News Roundup
The organizaton is giving $2 million to train principals and teachers, unlike its past education gifts that have funded better technology and expanded programs. In other articles, nonprofit victims of Bernard Madoff’s Ponzi scheme are close to getting their money back; and much more on big donors, cultural organizations, and innovation.
IRS Softens Blow From Taxed Employee Perks at Nonprofits: Daily News Roundup
Under pressure, House leaders revisit taxing of benefits such as free parking and mass transit subsidies; proposed revisions of tax plan seek to reverse ban on political activity by nonprofits; how to spur people to give to charity by making it about them, and more.
Millennials Are Ready to Give More, and 6 Other Takeaways from a New Donor Survey
Forty-six percent of donors under age 35 say they plan to increase their donations to charities this year, according to an annual study by Cygnus Applied Research. Plus, donors say they would give more if nonprofits did a better job of showing extraordinary need for support.
By Heather Joslyn
Contributor
Boy Scouts’ Recruitment of Girls Sows Confusion: Daily News Roundup
Membership rift in Scouting has girls and their parents wondering about the best fit; how the More Than Me charity gamed the internet and Hollywood; Wreaths Across America raise questions over self-dealings; why some hedge fund managers give to charity, and more.
How to Thank Donors — and Bring Them Closer to Your Cause
Fundraisers share tips to help you make your supporters feel valued, get them more involved, and inspire their loyalty.
By LISA SCHOHL
Contributor
Billionaire Ron Perelman and His Daughter Debra Give Princeton $65 Million: Gifts Roundup
In addition, NPR, wildfire survivors, the Smithsonian, and three universities all land big gifts.
By Maria Di Mento
Senior Editor
LeanIn.org May Have a Sheryl Sandberg Problem: Daily News Roundup
Women in Lean In movement see disconnect with Sandberg’s message; gay Christian issue roils churches, nonprofits in Seattle; concerns over new tax plan implications on alumni giving; and more.