Foundation Forms a Family Giving Circle to Teach Young People About Philanthropy
Participating families will put money into a common fund, and at the end of 12 weeks, after discussing community needs and how to effect change, they will choose a local nonprofit to support. Here’s how you can start a similar program.
By Judith G. Salerno
Contributor
Video: How to Work With High-Profile Influencers
A consultant who works with nonprofits explains how organizations can approach people who are well-known and how to get and keep them engaged.
By Nidhi Singh
Contributor
Daily News Roundup: ‘MacArthur Genius’ Grants Announced
Winners of the $625,000 awards include the founder of United We Dream and the leader of the Inner-City Muslim Action Network. In other news, a key GOP representative wants to expand the number of people who can claim a tax break for charitable giving; Yale’s endowment posts disappointing returns; Harvey Weinstein steps down from the Robin Hood Foundation board; and Michael Jordan gives $7 million to health clinics in Charlotte, N.C.
Grants Roundup: $10 Million From Lilly Endowment to International African American Museum
Plus, Las Vegas Sands Corporation and its founder, Sheldon Adelson, create a $4 million fund for mass-shooting survivors and disaster-response groups.
By Maria Di Mento
Senior Editor
Gifts to Fidelity Charitable Soar to $6.85 Billion
Contributions to funds held by Fidelity Charitable skyrocketed to $6.85 billion; Vanguard and Schwab also reported strong results. Experts say another big year may lie ahead.
By Alex Daniels
Senior Editor, Foundations
In Hurricanes’ Wake, Nonprofits Worry About Fundraising Impact
Universities, museums, and other organizations balance sensitivity to local donors with the need to position themselves for post-storm appeals.
By Timothy Sandoval
Contributor
Daily News Roundup: Charity Plans to Give Cash to Houstonians to Rebuild
GiveDirectly is going to hand out debit cards with no strings attached to hurricane victims. In other news, a rally in China’s Tencent Holdings adds billions to the philanthropic commitment of internet mogul Pony Ma; Muhammad Yunus, the 2006 Nobel peace prize winner, talks about using capitalism for good; Detroit hopes philanthropy could help in its bid to attract Amazon’s new headquarters; and a new app, patterned after Snapchat and Vine, will use video to encourage giving by young people.
Puerto Rican Investor Creates Hurricane Relief Group, and University of Maryland Gets $220 Million
It was a very good week for big gifts, with more than $770 million-worth announced. Other recipients included the University of Maryland ($219.5 million) and the University of Hawaii ($117 million)
By Maria Di Mento
Senior Editor
Daily News Roundup: Grass-Roots Anti-Nuclear-Weapons Group Wins Nobel
The International Campaign to Abolish Nuclear Weapons, known as ICAN, was honored for its efforts on global nuclear disarmament. In other news, Moody’s is considering a downgrade for University of Louisville because of its basketball scandal; an art museum is being sued for allegedly diverting donor funds; Lin-Manuel Miranda uses music and stars to raise money for Puerto Rico; and other gifts are made for hurricane and shooting victims.
Daily News Roundup: Bloomberg to Match Gifts to Fight Gun Violence
The former N.Y. mayor says he will match all contributions to his nonprofit Everytown for Gun Safety. In other news, the Red Cross rebuts an article criticizing its response to Hurricane Harvey; liberals and conservatives want to take action against inequalities in college endowments; and a federal watchdog cites scores of instances in which the IRS has targeted liberal nonprofits for extra scrutiny.
$117 Million Gift of Cash and Land Could Reap Billions for U. of Hawaii
Jay Shidler has credited the institution with providing a path to business success and for giving him a sense of place and stability.
By Maria Di Mento
Senior Editor
Former Microsoft CEO and Wife Pledge $60 Million to Fight Social Inequality
The commitment by Steve and Connie Ballmer will go to StriveTogether to support its “Cradle to Career” program, another phase in the couple’s push to fight intergenerational poverty.
By Maria Di Mento
Senior Editor
Clark Foundation Awards $219.5 Million to U. of Maryland
The money, from the A. James and Alice B. Clark Foundation, will back scholarships, endow new professorships, and pay for other programs and building projects.
By Maria Di Mento
Senior Editor
David Geffen Gives $150 Million to the Los Angeles County Museum of Art
The gift is the latest in a series of nine-figure donations the entertainment mogul has given to arts and cultural groups in recent years, pushing his total giving to more than $780 million.
By Maria Di Mento
Senior Editor
Daily News Roundup: Red Cross Fell Through After Harvey, Say Tex. Officials
In some counties, the Red Cross failed to show up as promised. In other news, distributing aid in Puerto Rico has been a challenge — even though supplies are there. GoFundMe has raised more than $8 million for Las Vegas shooting victims, Warren Buffett urges more action to fight poverty, and Lincoln Center scraps its $500 million Geffen Hall renovation.
Video: From $141 Million Lottery Winners to Grant Makers
Fifteen years ago, Carmen and Alcario Castellano won the lottery and started a family foundation. Hear how they are using their grant making to encourage nonprofits to build more diverse leaders and boards.
By Nidhi Singh
Contributor