Donor-Advised Funds Reshape the Philanthropy Landscape
The donation vehicles managed by Philanthropy 400 leader Fidelity Charitable and other sponsors are changing how Americans view giving — and how charities compete.
By Alex Daniels and Drew Lindsay
A New Way to Give: Inside the Donor-Advised-Fund Explosion
A Chronicle analysis of 85 sponsors of donor-advised funds offers insights into the phenomenal growth of these giving vehicles that are challenging conventions of philanthropy.
By Drew Lindsay and joshua.hatch
Daily News Roundup: $210 Million Gates Gift Boosts U. of Washington Health Venture
Plus, a Texas couple pledges hundreds of masterworks to Paris’s Musée d’Orsay and Prince’s house has been cleared by local officials to open as a permanent museum.
Many Wealthy Donors Plan to Increase Giving, Report Says
Religious groups and charities that meet basic needs get the most money from affluent households, according to the study by U.S. Trust and the Lilly Family School of Philanthropy.
By Timothy Sandoval
Contributor
Gifts Roundup: U. of Oregon Lands Megagift for Research Center
Other major donations support Boston’s Museum of Science, Rowan University, and Carleton College.
By Maria Di Mento
Senior Editor
Phil Knight Tops Bloomberg With $1.8 Billion in Gifts to Universities
A $500 million donation to the University of Oregon vaults the Nike co-founder ahead of Michael Bloomberg, who has given $1.7 billion for higher education.
By Maria Di Mento
Senior Editor
Daily News Roundup: Phil and Penny Knight Pledge $500 Million More to U. of Oregon
Also, charities that hold galas at Donald Trump’s Mar-a-Lago Club are growing wary of the Florida estate amid the furor over sexual-assault claims against the presidential candidate.
University Trust Lets Donors Do the Grant Making
The University of Virginia’s Jefferson Trust invites donors to give $100,000 each and then decide as a group how to spend the money to strengthen the student experience.
By Rebecca Koenig
Contributor
Gifts Roundup: Miami U. Alumni Donate $40 Million for Business School
Other notable donations include $24 million to the University of Montana and $15 million for the University of Pennsylvania.
By Maria Di Mento
Senior Editor
Daily News Roundup: Foundation Ties Worried Hillary Aides Before Run
Also, a review by New York City’s top finance official raises questions about whether Donald Trump fulfilled pledges to 9/11 charities in the weeks after the attack.
Daily News Roundup: Obama Foundation Names ‘Inclusion Council’
Also, new State Department emails show coordination with the Clinton Foundation following the 2010 Haiti earthquake, and Houston officials debate naming a public school for a big donor.
Daily News Roundup: ‘Forbes’ Ranking Lists Buffett as Biggest 2015 Benefactor
Also in other media, Slate compares the fundraising and advocacy tactics — and differing levels of success — of the early-20th-century fight against tuberculosis and today’s pink-hued breast-cancer campaigning.
Gifts Roundup: Software Mogul Donates $25 Million for U. of Illinois Design Hub
Also, the universities of Texas and Southern California get $20 million contributions for medical care and research.
By Maria Di Mento
Senior Editor
Daily News Roundup: Koch-Linked Nonprofits Endorsing in Key Senate Races
Also, the private-equity mogul who endowed Harvard’s center for African-American studies gives it $10 million for research on inequality in Boston.
Gifts Roundup: Buffalo Art Museum Gets $42 Million; Rap Mogul Diddy Gives $1 Million to Howard U.
Other notable donations include $25 million from Comcast’s founding family to the Children’s Hospital of Philadelphia to advance genetics-based pediatric care.
By Maria Di Mento
Senior Editor
Daily News Roundup: Trump Foundation Is Not Authorized to Solicit in N.Y.
Also, the Koret Foundation settles a simmering boardroom feud, and Melinda Gates lays plans to tackle the shortage of women in technology.