Alumna Debra Perelman and her father, Ronald Perelman, are the donors. Plus, Virginia Tech got a $50 million to attract research scientists and boost growth in the region; a $50 million contribution to the Academy Museum of Motion Pictures almost didn’t happen; a group called Entrepreneur Auction helps charities raise money by auctioning meeting with billionaires; the legacy of George H.W. Bush’s giving lives on in Portland, Maine, where a golf tournament raised money for charity; and much more.
$100 Million Gift to Help Refugee Kids: Daily News Roundup
The Lego Foundation gift to Sesame Workshop will allow it to intensify its work creating play-based educational opportunities. In other articles, the University of Southern California is facing a backlash from big donors after its interim president decided to force out a dean over his handling of accusations against faculty and staff; NPR CEO Jarl Mohn has announced he will step down in June; and much more news, plus articles about big gifts and grants, health care, and opinion.
Facebook Exposes Charities to Hackers: Daily News Roundup
Some nonprofit leaders say that as Facebook has introduced new fundraising tools, it hasn’t added appropriate customer support for groups that use its products. Plus, Hungary’s prime minister has forced the university founded by George Soros out of the country; St. Jude Hospital got $50 million from a biopharmaceutical company; a federal investigation is looking into possible corruption by former officials of a Missouri-based mental-health nonprofit working in Arkansas; and much more.
Theresia Gouw Has Big Plans for Women in STEM
Theresia Gouw is worth an estimated $500 million. Her goal: to help more women get into careers and leadership roles at Silicon Valley tech companies.
By Maria Di Mento
Senior Editor
How to Get Ready to Accept Cryptocurrency Gifts
Four steps to prepare an organization to accept digital assets from supporters.
By Debra E. Blum
Contributor
Cryptocurrency Rules Are a Work in Progress. Here’s What to Do for Now.
A pair of tax and regulatory experts offer advice for handling Bitcoin and other currencies while the IRS plays catch-up.
By Debra E. Blum
Contributor
How Do Cryptocurrency Donations Work?
Here’s a simple breakdown of the process involved in getting and using Bitcoin and other donations from digital-savvy donors.
By Debra E. Blum
Contributor
Giving to Tulsa’s United Way reached almost $26 million last year, just $5 million shy of the giving total to the United Way of New York City.
By Drew Lindsay
Senior Editor, Special Projects
Homegrown business leaders are helping turn this city into an Ohio hot spot.
By Drew Lindsay
Senior Editor, Special Projects
Only a few hundred nonprofits, estimates say, are set up to accept Bitcoin and other digital assets. Now is the time for organizations to decide whether, and how, they’ll start accepting such donations.
By Debra E. Blum
Contributor
Richard Branson Announces $105-Million Fund for Eye Disease, Backed by Gates and Others
The investment follows news of major American foundations and drug companies funding research and treatment.
By Julian Wyllie
Contributor
How Leaders of an Arts Group Tag-Team Donor Meetings
When top officials describe shared spending and artistic priorities, donors respond well, say two leaders of Chamber Music Society of Lincoln Center.
By Timothy Sandoval
Contributor
The Museum of Modern Art Lands $40 Million: Gifts Roundup
Plus, San Francisco State University receives $27 million, and a junior college in Texas and an art school in Maine get big gifts.
By Maria Di Mento
Senior Editor
House Republicans Want to Rescind New Tax on Nonprofits: Daily News Roundup
An amendment has been introduced that would kill a new tax on certain fringe benefits that churches, colleges, and other nonprofits provide for employees. Plus, Bloomberg Philanthropies plans to give $50 million to fight the opioid epidemic; Sheryl Sandberg reportedly asked Facebook’s communications staff to do research on George Soros’s financial interests after his criticisms of tech companies; and more news and articles on big donors, ideas, and powerful women in philanthropy.
Nonprofit Investment Returns Average Only 6.7%: Daily News Roundup
A 2009-16 study shows that they underperform even U.S Treasurys. Plus, charities are anxiously anticipating a drop in year-end giving because of the new tax law; a musician has announced a new foundation for prison overhaul; the president of Dillard University is chiding philanthropists for giving less to historically black colleges and universities; Mary’s Place, one of Jeff Bezos’s favorite charities, is launching a campaign to raise $2 million for a new shelter; and much more.
How a Mich. Charity Raised $26 Million for a Neglected Cause
A supporting foundation for United Methodist Retirement Communities beat its own projections with anonymous gifts and an appeal to donors’ religious faith.
By HEATHER JOSLYN
Contributor