Columbia U. Medical School Lands $250 Million Gift
Roy Vagelos and his wife, Diana, who have backed financial aid with previous gifts, directed $150 million of the donation toward scholarships for low-income medical students.
By Maria Di Mento
Senior Editor
William & Mary Aims to Democratize Its Campaign
Under the prodding of a young development chief, the university targets small gifts, not just big donors.
By NICOLE WALLACE
Features Editor
Cash in Donor-Advised Funds Takes Years to Trickle Out
The report also raises concerns about whether the funds are sometimes used as a tool for tax avoidance with no net benefit to the public good.
By Alex Daniels
Senior Editor, Foundations
A Family That Doesn’t Shy Away From Big, Complex Gifts
Kenn and Pamela Ricci’s $100 million pledge to the University of Notre Dame in October made news not just for its size but also for how it intertwines the donors’ family with the benefactor.
By Maria Di Mento
Senior Editor
Daily News Roundup: How the Tax Bill Could Alter Giving
In other articles, the Metropolitan Opera suspended its renowned conductor and former music director after three men claimed he sexually abused them as teenagers; Jared Kushner failed to disclose his role as a co-director of a foundation when the group funded an Israeli settlement; a nonprofit associated with the Koch Brothers gave $1.7 million to Project Veritas; and much more on giving.
University of Delaware Lands 3 Gifts Totaling $45 Million
Also, Gustavus Adolphus College and the University of Notre Dame both receive donations of $25 million.
By Maria Di Mento
Senior Editor
Daily News Roundup: How Cities Can Urge Mega-Gifts Be Spread Around More Equitably
Urban areas are trying to encourage the wealthy to give more for people in need and less on parks and institutions popular with the rich; gifts from the Sackler family, who made their wealth in opioid sales, raise the question of whether museums should vet their donors; the N.Y. attorney general wants to know why Project Veritas didn’t disclose its leader’s criminal conviction in records submitted to the state; and more.
Daily News Roundup: Google Adds Donate Button to Search Results
In other news, a $6 million gift aims to diversify leadership at museums; a drug charity financed almost completely by the pharmaceutical industry may shut its doors; Buzzfeed has identified more than two dozen supporters of Project Veritas; Minnesota Public Radio parts ways with Garrison Keillor over sexual-harassment allegations; and more.
Daily News Roundup: How Companies Can Help Fill the Diversity Gap at Nonprofit Boards
In other articles, a look at the far-reaching influence of a right-wing Christian legal group that claims “the homosexual agenda threatens religious freedom"; NPR’s chief news editor has left his job amid allegations of sexual harassment; an update on how much is being raised and spent on Hurricane Harvey relief; what happened when a donation tweet went viral; and additional articles on Giving Tuesday and Project Veritas and more.
Daily News Roundup: Donors Giving More Than Ever on #GivingTuesday
Also, the Koch Foundation and the Huntsman family give Utah State $50 million; the GOP tax plan could halt rehabilitation of older affordable-housing projects because of the loss of tax breaks; a program helps Girl Scouts visit their mothers in prison twice a month; and more.
Daily News Roundup: How Nonprofits Would Fare Under the Tax Bills
Also, both House and Senate tax bills would let Newman’s Own Foundation continue owning its for-profit company without a tax penalty. In other news, California’s attorney general is investigating a nonprofit that allegedly financed its director’s lavish lifestyle; the philanthropy of Mark Zuckerberg sometimes creates tensions and difficulties; and more.
Gifts Roundup: Northwestern Lands $10 Million for Genetic Research
Other notable gifts include $8 million for a new health complex at Upstate Medical University for services and study related to brain health, including Alzheimer’s disease.
By Maria Di Mento
Senior Editor
Daily News Roundup: Trump Foundation Raised and Gave More When Under Scrutiny in 2016
Also, President Trump’s golf course reimbursed his charity more than $158,000, which it had used to settle a lawsuit against the club. In other news, an Indian tech billionaire has joined the Giving Pledge; the new Bible Museum, three blocks from the U.S. Capitol, has political ambitions; how Arabella Advisors helps donors achieve their objectives; and more.
Daily News Roundup: House Tax Bill’s Effect on Politicking and Affordable Housing
Also, the tax bill shows colleges’ diminishing clout among GOP lawmakers, and NPR interviews a college president on the proposed excise tax on endowments; In other articles, a lawyer sues a Christian nonprofit for not hiring him because he’s bisexual; the social scene at Mar-a-Lago has changed as divisive politics determines which nonprofits and others hold events there and which ones go elsewhere; and more news and opinion.
Gifts Roundup: Donor Gives $700 Million to 3 Institutions; Nursing School Lands $25 Million
Other notable recent gifts include $15 million for athletics, business, and health program at the University of South Florida.
By Maria Di Mento
Senior Editor
Daily Update: House Tax Bill Would Raise Borrowing Costs for Nonprofit Projects
In other news, the Robin Hood Foundation is creating donor-advised funds to capitalize on hedge-fund managers’ tax deadline; NPR’s chairman steps down amid harassment crisis; the Old Vic Theater in London apologized for not taking action after receiving 20 allegations of inappropriate behavior against Kevin Spacey; and more news about nonprofits.