Donor-Advised Funds at Fidelity Kept Growing in 2015
The number of funds grew 11%, bringing $500 million more in giving, says Fidelity Charitable’s latest report.
By Timothy Sandoval
Contributor
Airbnb Founders Sign Giving Pledge Along With 14 Others
The new signers include a member of the Saudi royal family and the first person from mainland China to join the effort.
By Maria Di Mento
Senior Editor
Opinion: MacArthur Should Support Chicago’s Black-Led Nonprofits
The Chicago-based grant maker is failing when it comes to supporting black-led nonprofits, according to an opinion piece published by Crain’s Business Journal.
Women Primed to Give Big — if Nonprofits Are Willing to Change
Women have the wealth and ambition to be a major force in philanthropy, but charities have to recognize and respond to big changes in the demographics of donors.
By Megan O’Neil
Contributor
Here are some of the philanthropists putting their wealth, names, and smarts to work for good.
By Maria Di Mento
Senior Editor
How Much America’s Biggest Companies Give to Charity: an Exclusive Chronicle Study
A Chronicle survey of America’s biggest companies found that donations grew 2 percent in 2015 compared with the previous year. Meanwhile, companies are increasingly integrating philanthropy throughout their business operations.
For a Chicago Businessman, Philanthropy Is a Team Sport
A love of basketball helped lead John Rogers Jr. into the game of philanthropy. Now one the nation’s most admired money managers, he hopes to spread the wealth to kids struggling to achieve the American dream.
By Nicole Lewis
Contributor
Gifts Roundup: $15 Million to 92nd Street Y to Boost Social Innovation
Other notable gifts include $35 million to the University of Chicago’s center for entrepreneurship and $15 million for a new University of Southern California residence hall.
By Maria Di Mento
Senior Editor
How a Charity Made the Most of a Celebrity Supporter’s TV Appearance — After Years of Patience
The Fistula Foundation maximized a comedian’s decision to donate his winnings from Jeopardy.
By Timothy Sandoval
Contributor
Drug Firm Pledges $100 Million to Back Youth Science Contest
Regeneron Pharmaceuticals made a 10-year commitment to support the Science Talent Search and significantly boosted prize money for the long-running scholastic math and science competition, reports The New York Times.
David Koch Cites ‘Moral Responsibility’ to Boost His Giving
The controversial energy tycoon has a long history of making huge donations to the arts and medical research.
By Maria Di Mento
Senior Editor
$34 Million, 3 Months, and a Chance for Change
In early 2015, an anonymous donor tapped the San Francisco Foundation to quickly find Oakland charities that could help shrink economic and health disparities in the city. Here’s how they did it.
By Rebecca Koenig
Contributor
Congressional Study Says NFL Tried to Steer Research Funds
A report released Monday by a House committee asserts that the National Football League sought undue influence over the National Institutes of Health’s use of what was billed as an unrestricted donation to study brain injuries, writes The New York Times.
Land Gift for Proposed Maine Park Mired in Controversy
The Washington Post reports on the latest developments in the battle over Burt’s Bees founder Roxanne Quimby’s proposal to donate 88,000 acres of land valued at $40 million to establish a national park in Maine’s pristine North Woods, which has generated heated local opposition.
$35 Million Gift Boosts U. of Chicago Innovation Programs
The donation from clean-energy executive and university trustee Michael Polsky will expand a center he helped establish to aid young entrepreneurs taking new ideas to market, reports the Chicago Tribune.
How a Nonprofit Motivated Staff to Give to a Capital Campaign
Getting executives, employees, and board members to donate, a Philadelphia hospital generated buzz and then momentum among donors.
By Timothy Sandoval
Contributor