Ensure Donor Satisfaction for the Life of a Big Gift
Gift agreements that will stand the test of time require clear and frequent communication before and after the signing.
By Maria Di Mento
Senior Editor
Daliy News Roundup: China’s Richest Man to Retire and Focus on Giving
A former teacher, Alibaba’s Jack Ma is worth more than $40 billion and plans to spend time and money on education. Also, a board member of a prominent center at the University of Virginia has resigned a year after offering to finance a shoe-shopping spree for women on the staff; health charities were the biggest beneficiaries of the $3.7 billion British gave to charity in their wills last year; and much more news, plus articles on giving and arts and culture.
Gifts Roundup: Denver Oil Man Gives $80 Million for Computer Science and Engineering
Plus, three other universities and a chimpanzee sanctuary all receive multimillion-dollar gifts.
By Maria Di Mento
Senior Editor
Daily News Roundup: Universities Get $80 Million and $30 Million Gifts
An $80 million gift to Western State Colorado University came from alumnus Paul Rady. Also, a $30 million donation to Michigan State will go toward constructing a building at the business school; a group of Catholic business leaders sent the Vatican a letter saying they were putting their tithe into an escrow account for now due to the sex-abuse scandals; two House Republicans are investigating three top U.S. environmental groups to see if they’ve acted as agents of foreign government; and much more.
Daily News Roundup: Levi’s CEO Urges Businesses to Take Action on Gun Violence
The company has created a fund to support nonprofit efforts and is doubling its match for employee gifts to anti-violence groups, among other efforts. Plus, read how the University of Michigan will use a $10 million gift to create a foreign-policy center on campus; and how Sylvia Acevedo went from a poor childhood to being a rocket scientist to leading the Girl Scouts; and how the IRS’s new guidance on easing deduction limits for some business owners will affect charitable giving; and more.
Daily News Roundup: U. of Louisville Faces Inquiry Into Big Payments to Former Officials
The university foundation spent almost $4 million in excessive pay to the ousted president and others. In other articles, a court case showed how a Missouri college improperly diverted funds from its endowment; a Pennsylvania inquiry into sex abuse among Catholic clergy may set a precedent; and much more about giving and nonprofit innovation.
A Donor Driven by Business Acumen and Gut Instinct
Adrienne Arsht has a personal interest in human resilience. But she also gives to education, health, the performing arts, and other causes.
By Maria Di Mento
Senior Editor
Corporate and Charity Leaders Exchange Advice
Nonprofits and companies have much to gain from getting to know each other better. The Chronicle asked leaders experienced in corporate-nonprofit partnerships for advice on how best to support each other.
By Megan O’Neil
Contributor
Daily News Roundup: Trump Charity Says Attorney General Lawsuit Is Political
The attack is in response to a lawsuit accusing the organization and Trump family members of violating campaign-finance laws and self-dealing, among other things. In other articles, a look at why nurses at Dignity Health are opposing a merger with Catholic Health Initiatives; how a nonprofit that pays bail is changing lives in places like Tulsa, Okla., and St. Louis; Brad Pitt’s nonprofit faces a potential lawsuit stemming from alleged mold contamination and structural flaws; and much more.
Gifts Roundup: Saint Louis University Lands a $50 Million Gift
Plus, football great Peyton Manning gave $1 million to his alma mater; and the founder of Craigslist, Craig Newmark, donated $ 1 million for investigative journalism.
By Maria Di Mento
Senior Editor
How a Mich. Community Foundation Used Data About the Transfer of Wealth to Spark Giving
Barry County’s community fund had just $350,000 when it learned more than a decade ago it could tap at least $43 million for local causes. It’s well on its way to raising that much.
By Heather Joslyn
Contributor
She owns 10.3 million shares in SVMK, the parent company of SurveyMonkey, which she plans to give to her charitable foundation when company goes public. In other articles, the Trump administration will no longer support the U.N agency that assists Palestinian refugees; a $20 million gift to the University of Illinois will include $15 million for a football performance center; Facebook will turn a warehouse in Menlo Park, Calif., into a Community Hub to support nonprofits; plus much more.
Philip and Nancy Anschutz, Quiet but Prolific Philanthropists
The Denver billionaires, worth an estimated $12 billion, give to a wide range of causes including health, education, human services, and LGBT rights.
By Maria Di Mento
Senior Editor
Daily News Roundup: Gates Foundation Changes Approach to Public-School Education
It wants to create networks of schools that will solve problems with the help of experts and then share what works. In other articles, President Trump has privately urged evangelical leaders to help Republicans win in the midterm elections; a $50 million gift will go to research at St. Louis University; and more about nonprofits and sex abuse, nonprofit finances, and the arts.
Daily News Roundup: $100 Million Gift Will Start Research Facility at U. of Wisconsin-Madison
The donation, from Foxconn, will require matching funds of $100 million to establish the research facility at the College of Engineering. In other articles, Y Combinator will contribute $60 million to study universal basic income; J.J. Watt’s foundation offers details where the $42 million it has raised for Hurricane Harvey relief is going; the founder of Craigslist has given $1 million in unrestricted money to Mother Jones; and more about news and nonprofit innovation and foundations.
Yale Lands $160 Million From Edward Bass, Texas Oil Heir
The alumnus’s money will help the university renovate and expand its natural-history museum.
By Maria Di Mento
Senior Editor