Clinton Foundation Reportedly Targeted by Russian Hackers
The organization’s computer network was breached as part of what authorities suspect is a concerted pre-election attack by Kremlin-allied hackers on U.S. entities with political ties, Bloomberg writes, citing unnamed people familiar with the matter.
Facebook Stock Move Key to Chan-Zuckerberg Project Gets OK
Facebook investors approved a proposal Monday to create a new class of nonvoting shares that will allow CEO Mark Zuckerberg to retain control of the social-media company while plowing much of his stock into a philanthropic venture, Reuters reports.
3 Leading Met Museum Officials Exit Amid Budget Crunch
The Metropolitan Museum of Art’s first chief digital officer is among those departing as the institution begins a staff winnowing to tackle persistent red ink, reports to The New York Times.
Crisis Text Line Gets $23.8 Million to Expand
The counseling nonprofit is taking a page from Silicon Valley with unrestricted funding aimed at fueling rapid growth.
By NICOLE WALLACE
Features Editor
African Tech Firm Draws Chan-Zuckerberg Fund’s 1st Big Investment
The philanthropic entity established by Facebook CEO Mark Zuckerberg and his wife, Priscilla Chan, is leading a $24 million financing round for Andela, a Nigerian company that trains software engineers and places them with major technology firms, according to Quartz.
Crowdfunding Sites Teem With Drives for Orlando Victims
GoFundMe alone is hosting more than 100 fundraising campaigns connected to Sunday’s mass shooting, Slate writes.
Bill Gates ‘Gamifies’ Philanthropy With Chicken Giveaway
Fast Company explains the billionaire philanthropist’s Coop Dreams project, a partnership with aid charity Heifer International to give breeding chickens to families in Africa that was powered by an online quiz.
Tapping Into Silicon Valley Philanthropy
Delve into how tech donors give and what they want with this collection of Chronicle resources.
More Emails Reach Supporters in 2015
On average, only 7 percent of nonprofit emails were delivered to spam folders in 2015, down from 12 percent the year before, a study finds.
By Eden Stiffman
Senior Editor
Traditional Charities Dip Into Digital to Draw Millennials
Venerable nonprofits like the United Way and the American Red Cross are pivoting to online appeals to win over millennials who are “rewriting the rules of fundraising,” Adweek magazine writes as part of a special report on trends in cause marketing.
Big Medical Charities See Yield From Biotech Investments
Groups like the Bill & Melinda Gates Foundation and the Wellcome Trust are becoming important sources of capital for fledgling firms working on new drugs and diagnostic tools and are seeing big profits on some investments, Reuters reports.
Opinion: Thiel Backing Hulk Hogan Suit Is not Philanthropy
A Salon culture writer takes issue with tech billionaire Peter Thiel’s assertion that his bankrolling of the pro wrestler’s sex-tape lawsuit against Gawker Media is “one of my greater philanthropic things that I’ve done” and likens the view to a self-interested strain of Silicon Valley giving.
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.
Cash Giving to Poor Gains Ground but Fuels Backlash
New Republic magazine looks at the rising popularity of direct, unrestricted cash transfers to poor people and the pushback against the aid method among traditional relief agencies.
Gates Foundation CEO Marks Anniversary With Media Blitz
Sue Desmond-Hellmann, chief executive of the Bill & Melinda Gates Foundation, spoke to The Wall Street Journal, The Seattle Times, and other media outlets about the group’s health programs and what she sees as biggest challenges facing the world’s largest philanthropy.
22% of Americans Say They’ve Donated to Crowdfunding Campaigns
Women are more likely to give to such online drives, and to start them, says a Pew Research Center study.
By Eden Stiffman
Senior Editor