Daily News Roundup: Billionaire LinkedIn Co-Founder Defends Modern Philanthropy
Reid Hoffman also explains his plans to use his fortune for doing good. Plus, impact investing grows in India, and a New York theater company files for bankruptcy.
Daily News Roundup: Controversial Congressman’s Naming Gift Draws Fire at N.J. University
Montana Rep. Greg Gianforte’s alleged assault of a reporter last month heightens ongoing protests over the Stevens Institute of Technology’s plan to name a building after him. Also, City University of New York looks to rein in nonprofit fundraising affiliates that have come under legal scrutiny.
MIT Receives $140 Million From Anonymous Alumnus
The donor placed no restrictions on the use of the gift; the university said at least some of it would go toward supporting undergraduates who couldn’t otherwise afford to attend.
By Maria Di Mento
Senior Editor
Daily News Roundup: How a Conservative Charity Helped Build Trump’s White House
The David Horowitz Freedom Center, a self-styled “School for Political Welfare,” incubated hard-line positions on immigration and Islam adopted by the Trump administration. Also, the latest twist in the battle between billionaire philanthropists over Pier 55, a planned riverfront performance space in New York.
Gifts Roundup: $10 Million Bequest Backs Women’s Scholarships at Southeastern Louisiana
Other notable donations include $15 million to support recreation and scholarships in a Northern Michigan county and $10 million to build a home for Stonehill College’s business school.
By Maria Di Mento
Senior Editor
Ric Weiland was an early Microsoft employee and a “data-driven geek.” His carefully structured bequest brought the LGBT movement a decade of success — and a model for philanthropy that aims to fuel social change.
By Heather Joslyn
Contributor
7 More U.S. Philanthropists Promise to Give Their Fortunes Away
The Americans are among 14 individuals and couples newly committed to donating at least half of their wealth to charity, per the philanthropic leadership campaign started by Bill and Melinda Gates and Warren Buffett.
By Maria Di Mento
Senior Editor
Gifts Roundup: U. of Chicago Lands $100 Million Pledge From Duchossois Family
Other notable gifts include $18 million for a University of North Carolina entrepreneurship program and $1 million from Amazon boss Jeff Bezos to a leading press-freedom nonprofit.
By Maria Di Mento
Senior Editor
Daily News Roundup: Michael Bloomberg Tops Giving List
Town & Country magazine’s philanthorpy issue spotlights the billionaire media mogul’s work to combat climate change. Also, nonprofit leaders discuss how the Trump administration will change philanthropy, and an embezzlement trial begins for the head of a now-defunct Chicago charity.
Gifts Roundup: $50 Million for STEM Programs at Bates College
Also, an alumna and her parents give St. Lawrence U. $25 million, and a nearly $12 million contribution goes for Asian art at the Cincinnati Art Museum.
By Maria Di Mento
Senior Editor
Daily News Roundup: NAACP Fires President to Start ‘Systemwide Refresh’
In other news, an Australian businessman announces a $300 million gift to fight slavery and other problems, and Saudi Arabia and the United Arab Emirates commit $100 million to a fund for women.
Daily News Roundup: Carl Icahn Borrows $100 Million From His Own Charity
Former first ladies Laura Bush and Hillary Clinton press for a women’s history museum, and a study finds that Department of Education grants have been mismanaged.
Daily News Roundup: Chan Zuckerberg Initiative Launches College-Access Effort
Also, a profile of the conservative Bradley Foundation’s recently installed president and a look at charities’ under-the-radar efforts to circumvent Venezuela’s ban on outside humanitarian aid.
How a Fundraiser Made His First 6-Figure Gift Request
The third in a series of videos from a recent Association of Fundraising Professionals conference that tell how development veterans landed their first big contribution.
By Timothy Sandoval, Eden Stiffman and Nidhi Singh
How One Fundraiser Closed a Big Gift Despite Knowing Little About the Donor
The second in a series of videos from a recent Association of Fundraising Professionals conference that tell how development veterans landed their first big contribution.
By Timothy Sandoval, Eden Stiffman and Nidhi Singh
How a $3,000 Gift Led to $53,000 More
The first in a series of videos from a recent Association of Fundraising Professionals conference that tell how development veterans landed their first big contribution.
By Timothy Sandoval, Eden Stiffman and Nidhi Singh