Daily News Roundup: $70 Million Gift Goes to Houston Park Restoration
In other articles, the San Francisco Conservatory received a $46 million contribution; longtime philanthropists offer advice for new donors; the University of Louisville and its foundation have sued a former president of the university over alleged misuse of foundation money; an article examines how a progressive think tank handled sexual harassment allegations; and much more on big donations and management and nonprofit news.
Boomers Dominate Giving, and Likely Will for Several More Years, Researchers Say
Nearly 1 in 5 donors over all plans to donate more in 2018, according to a new study of more than 1,300 donors by Blackbaud and Edge Research.
By Timothy Sandoval
Contributor
Daily News Roundup: Silicon Valley Fund Widens Inquiry Into Workplace Complaints
Amid complaints from donors, the Silicon Valley Community Foundation has hired a second law firm to investigate a “toxic” work environment. In other articles, the Philadelphia school board has decided to accept a $25 million gift from Stephen Schwarzman for his former high school; the NRA has broken its fundraising record; a lawsuit is seeking details of a gift to George Mason University from the Charles Koch Foundation; and other articles about sexual harassment and giving and more.
Daily News Roundup: Huge Wealth Magnifies Silicon Valley Community Foundation Scandal
In other articles, a New Jersey legal case could prompt another battle over the separation of church and state; a Yale professor says nearly every country seems to be backsliding on human rights; new federal rules for funding teen-pregnancy programs favor abstinence; universities and charter schools get big gifts; outside donors such as the Koch brothers and the Chinese government get extra scrutiny at Texas universities; and much more about nonprofit news and arts and culture.
Daily News Roundup: Can Silicon Valley CEO Survive Scandal?
Emmett Carson is in the midst of a crisis over harassment claims about his chief fundraiser. In other articles, the chair of Save the Children is coming under criticism for how he dealt with a sexual-harassment scandal at the charity; Michael Bloomberg is spending $4.5 million to cover this year’s U.S. financial commitment for the Paris climate accords; Missouri Gov. Eric Greitens has been charged with a felony for tampering with computer data connected to a nonprofit donor list; and much more.
Gifts Roundup: Brown U. Gets $100 Million Donation for Brain Research
Also, the Art Institute of Chicago got two contributions totaling $70 million, and Birthright Israel received $70 million from Sheldon and Miriam Adelson.
By Maria Di Mento
Senior Editor
Daily News Roundup: Save the Children Chair Steps Down
Alan Parker resigned before his term ended, saying the nonprofit needed to rebuild trust. In other articles, complaints about sexual misconduct have tripled since the Oxfam scandal, says Britain’s Charity Commission; the Open Society Foundations may leave Hungary; a nonprofit created to pay Missouri Gov. Eric Greitens’s legal bills raised no money last month; artificial-intelligence researchers are making $1 million-plus at nonprofits; and other articles on big gifts and donor research and more.
Daily News Roundup: Brown U. Gets $100 Million
The gift, from an alumnus, will go to a neuroscience institute. In other articles, President Trump’s NASA nominee allegedly used a nonprofit to benefit himself; accusations of bullying and inappropriate sexual comments have prompted an investigation at the Silicon Valley Community Foundation; employees at the Soros Foundation have unionized; Missouri Governor Eric Greitens is accused of misusing a charity donor list; and other articles about millennial donors and the arts and much more.
A Star Performer Created a ‘Toxic Culture’ at the Silicon Valley Community Foundation, Say Insiders
An investigation is looking into reports of bullying, sexual comments, and an oppressive office culture.
By Marc Gunther
Contributor
Daily News Roundup: Gates Adds $1 Billion More to Malaria Fight
The foundation grant will invest in research and development efforts through 2023. In other articles, the Art Institute of Chicago has landed gifts of $50 million and $20 million; Seattle public radio station KEXP receives $10 million; plus, news, features, and opinion about the endowment tax and American orchestras and Liberty University and more.
Daily News Roundup: Harvard, Yale, and Others Trying to Repeal Endowment Tax
Thirty colleges are aiming to help two members of the House (a Democrat and a Republican) find sponsors for a bill. In other articles, Amherst gets $100 million from an anonymous alum to match “gifts at very significant levels"; Sheldon and Miriam Adelson are giving $70 million to the Birthright Israel Foundation; Beyoncé donates $100,000 to historically black colleges; and articles about one of the world’s wealthiest charities and universal basic assets and more.
$9 Trillion Will Transfer From Americans’ Estates, New Analysis Says
If 5 percent of inheritances are captured for philanthropy, 10 Gates Foundations could be created over the next decade, according to an exclusive report by the Center for Rural Entrepreneurship and Locus Impact Investing.
By HEATHER JOSLYN
Contributor
Crowdfunding and Major Gifts Are Highlights at Fundraising Conference
Sexual harassment, turning social-media users into donors, and tough conversations with donors were among other topics discussed at the Association of Fundraising Professionals meeting.
By HEATHER JOSLYN and Timothy Sandoval
Daily News Roundup: Donors Are Going Back to Their Hometowns to Fix Them Up
Often they require a combination of philanthropy and investments with a social return. In other articles, the Ford Motor Company has agreed to pay the Abell Foundation and a technology firm to use a hybrid engine technology; Report for America, a nonprofit that works like AmeriCorps, plans to place 1,000 journalists in understaffed newsrooms by 2022; the Twin Cities is going informal, holding fewer black-tie events; and other articles about the Obama Foundation and data-analysis tools and more.
Gifts Roundup: Big Donations Go to Nonprofits That Fight Crime and Resolve Conflicts
Also, a hospital in Boca Raton, Fla., gets $25 million, while Vanderbilt U. receives $20 million.
By Maria Di Mento
Senior Editor
Fundraisers Vow ‘No Tolerance’ for Harassment
But at a panel of fundraisers and experts held at the Association of Fundraising Professionals, speakers questioned whether nonprofits and their boards were ready to act, especially against donors accused of misconduct.
By Heather Joslyn
Contributor