The major-gift-fueled rise in overall dollars donated is masking a fundamental shift in philanthropy: The share of people who give is dropping across all demographics. Are fundraisers doing enough to lock in tomorrow’s donors?
By NICOLE WALLACE
Features Editor
Daily News Roundup: Santa Fe Shooting Survivors Start Nonprofit
In other articles, the Parkland students that formed the nonprofit March for Our Lives are trying new ways to hold politicians and businesses accountable for gun safety; critics are questioning Food for the Poor’s claims of low administrative costs; a judge has delayed an order to force Missouri Governor Eric Greitens’s nonprofit to turn over records; Warren Buffett’s charity lunch sold for $3.3 million; and much more about giving and arts and culture and opinion.
Gifts Roundup: Sesame Workshop and Gun-Violence Research Each Get $20 Million
In other news about recent gifts, the UCLA law school gets $4.3 million, and Duke University men’s basketball coach Mike Krzyzewski and his wife, Carol, commit $3 million for low-income college students.
By Maria Di Mento
Senior Editor
Bloomberg Foundation Pledges $375 Million to Help Needy Kids Attend College and Get Career Training
The former mayor of New York said the money takes aim at intergenerational poverty by helping more deserving kids get higher education.
By Drew Lindsay
Senior Editor, Special Projects
Parkland Shootings Inspire Houston Philanthropists to Give $20 Million to Research Gun Violence
The donation from the Laura and John Arnold Foundation will fund data-driven research into the causes of gun violence in the United States, including how youths are affected by their access to guns.
By Maria Di Mento
Senior Editor
Daily News Roundup: Southern Baptist Seminary Fires Leader Over Handling of Sex-Abuse Allegations
Paige Patterson was let go after statements he made about spousal abuse while he was in a previous job were published. In other articles, IBM is pledging $30 million over five years for a global effort to tackle social challenges such as relief after natural disasters; Melinda Gates has been supporting venture-capital firms led by women and minorities; and more news and articles about the arts.
Daily News Roundup: Insiders Reap Big Rewards From Foundations
in other articles, a study found that the University of Louisville Foundation overpaid its former president and other ex-officials $3.9 million; the New York attorney general says a veterans charity sold tickets to a raffle that didn’t take place; the Giving Pledge has added 14 more philanthropists; a look at how Warren Buffett’s fundraising lunches started; and more news as well as articles about big donors.
Daily News Roundup: Koch Fund Boosts Education Giving
The Charles Koch Foundation is giving far more to colleges and universities even as its philanthropy is facing more scrutiny. In other articles, single people are often seen as selfish, but research shows otherwise; the number of college students volunteering has hit an all-time low; a nonprofit that thrived after 9/11 has languished in recent years; and more, including opinion and the arts.
Gifts Roundup: 2 TV Celebrities and a Former Politician Give Millions for Scholarships
In other news about big gifts, Steve and Connie Ballmer gave $20 million to help first-generation college students, and former Price Is Right host Bob Barker gave $1 million to Drury University.
By Maria Di Mento
Senior Editor
Daily News Roundup: Preparing for Rules to Protect Data
A new regulation will affect nearly any group that uses data originating in the European Union. In other articles, Red Nose Day raised more than $42 million; an opinion writer says the Internal Revenue Service may eliminate a form that could lead to revealing names of donors who give more than $5,000; and more articles about the arts and nonprofit news.
Daily News Roundup: House Bill Would Boost IRS Funding and Bar Enforcement of Politcking Ban
In other articles, the Trump administration is planning new rules that would affect states trying to find a workaround for residents who will have a bigger tax bill; the Education Department is seeking to help some borrowers who have requested loan forgiveness in exchange for public service; an opinion writer says rich CEOs are pledging money to fix problems their companies have caused; Michael Bloomberg pledges $42 million for cities; and other articles about giving and museums and more news.
Daily News Roundup: Rich College Endowments May Be Able to Get Tax Break
A bill has been introduced in the House that could waive the tax for some. In other articles, a Southern Baptist leader was removed as seminary president for taped comments he made several years ago about abused women; Red Nose Day raised $100 million for needy children in three years; George Mason University has plans to take the controversy out of its gift agreements; and more news and features about sexual harassment and giving.
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.
4 Ways to Ask Major Donors for Big Gifts
We asked successful big-gift fundraisers what techniques they use when requesting big gifts. Here’s what they say.
By Maria Di Mento
Senior Editor
Gifts Roundup: $20 Million for ACLU, and $12 Million for Wichita State
In other news about big gifts, Leonard and Emily Blavatnik donated $10 million to Mount Sinai Health System, and the University of Baltimore gets $10 million as well.
By Maria Di Mento
Senior Editor
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.