America’s Superrich Made Near-Record Contributions to Charity in 2017
Tech billionaires led the Philanthropy 50, the Chronicle’s annual ranking of the top donors, even as worries over income inequality grow.
The Chronicle Digs Deep to Compile Annual List of Top 50 Donors
Inside the methodology for tallying which philanthropists gave away the most money in 2017.
Daily News Roundup: New Tax on Nonprofit Pay Will Hit Different Hospitals Differently
How nonprofit hospitals are structured will determine how much they will owe. In other news, a former official at a charity founded by John Kerry’s daughter is facing a criminal charge for violating a conflict-of-interest law by lobbying former colleagues; Syracuse gets $20 million for a veterans project; a top investigator in the international ivory trade has been found dead; and more.
Giving to Colleges Up 6% in 2017
Contributions to higher-education institutions topped $43.6 billion, the highest total ever counted by the annual Voluntary Support of Education report.
Gifts Roundup: Couple Gives $70 Million to San Diego Nonprofits
Also, Roberta Buffett Elliott gives $106 million for a children’s behavioral-health center, and the University of Texas Health San Antonio Cancer Center gets $25 million.
Daily News Roundup: Humane Society CEO Resigns
Wayne Pacelle stepped down after sexual-misconduct allegations, a revolt by major donors, and a threat from employees that they would walk out. In other news, the founder of a nonprofit to close Rikers Island left the organization after an accusation of misconduct; the philanthropist Jon Huntsman Sr. has died; hundreds of Girl Scouts are pushing to rename a Ga. bridge, now named after a segregationist, after the group’s founder; the Clinton Foundation is launching a nonprofit to help hurricane relief efforts in the Caribbean; and more.
Daily News Roundup: 7 Board Members Resign From Humane Society Over CEO Staying On
In other news, the University of Pennsylvania has stripped honors from Steve Wynn and Bill Cosby over accusations of sexual misconduct; the Red Cross general counsel has resigned over handling of sexual assault and harassment allegations; the new tax law could alter how people give to charity for years; the University of Michigan invested billions in funds run by donors’ firms; and much more about big gifts and nonprofit innovation and how nonprofits are dealing with sexual impropriety.
Daily News Roundup: Humane Society Donors Call for CEO to Be Fired
Some donors are not happy that Wayne Pacelle is staying on during the investigation into complaints of sexual harassment. In other news, after the Federal Trade Commission accused a telemarketer of lying to potential donors, some charities are considering cutting ties; the University of Iowa wants to drop Steve Wynn’s name from an institute after he was accused of sexual misconduct; a donor gave money to a conservancy to name a great white shark after Robert Mueller; and much more.
Wealthy Women Donors Willing to Take Big Risks, Report Says
Interviews by the Women’s Philanthropy Institute with 23 high-net-worth supporters of female-focused causes show the strategic thinking that helps donors decide where to give.
Daily News Roundup: Humane Society Sexual-Harassment Controversy Widens
Two senior executives are being investigated for incidents going back more than a decade. In other news, an aid group says that the Border Patrol routinely undermines efforts to help migrants; the California Senate has passed a bill that would let residents pay taxes through a federally deductible, state-run charity; some companies are making charitable deductions with their savings from the new tax law; and much more, including articles on giving and nonprofit leaders.
Daily New Roundup: 3 Women Accuse Humane Society CEO of Sexual Misconduct
Investigators from a law firm hired by the Humane Society interviewed 33 people including the CEO, Wayne Pacelle. In other news, the Salvation Army got a $50 million gift to aid the homeless; FEMA is ending food and water aid to Puerto Rico; the Trumps have invited the founder of a nonprofit rescue team to the State of the Union address; why more Super Bowl ads are pushing nonprofit causes; and much more, including articles on Russian and the NRA and the Koch brothers’ network.
Journalism as Charity? How For-Profit Media May Undercut Nonprofits
In the wake of Trump’s election, journalism is now being promoted as a cause, complete with language used by nonprofit fundraisers.
Roberta Buffett Elliott Gives $106 Million for Child Health Care
Investor Warren Buffett’s sister gave the money to the Montage Health Foundation, the nonprofit parent of several health-care organizations in central California.
Daily News Roundup: Banks and Universities Often Have Lucrative Partnerships
Banks have contracts across the country that essentially make universities their sales representatives. In other articles, employee theft at nonprofits is commonplace; the #MeToo movement has reached evangelical nonprofits; the NCAA president was notified about sexual-assault reports years ago; Cecile Richards discusses her post-Planned Parenthood plans; an opinion column makes the case for foundations to spend down their assets and close; and much more.
Gifts Roundup: Donor’s Secret Fortune Yields Windfall for Nonprofits in Small Pa. City
A hospital, library, and other groups near Pittsburgh will be the beneficiaries of a $37 million bequest. Also, a banker gives $30 million for scholarships.