Trump’s Threat to Cut Aid to Central America Puts Heavy Burden on Nonprofits, Leaders Say
The proposal could have the unintended consequence of increasing the number of asylum seekers — and the demand for services, charity leaders and fundraisers say.
Nonprofits Named in Opioid Lawsuit Stay Mum About Ties to Sacklers
The lawsuit names several New York cultural institutions as beneficiaries of Sackler donations, then accuses the family of using their philanthropy “to cover up their misconduct.”
Charities Urge Repeal of Parking Tax Ahead of April 15 Tax Deadline
Nonprofit advocates say there is bipartisan support for reversing the provision, but “political jockeying” is getting in the way.
Venture Capital Overlooks Women and Minorities; Philanthropy Should Step In, Study Says
Foundation leaders and individual donors will miss out on key investments if they don’t diversify whom they invest in.
JPMorgan Chase Invests $350 Million to Help Workers Improve Technical Skills and Find High-Wage Jobs
The money will pilot education and training programs, boost existing training programs, and support labor-market research studies.
Homeless Muppet Has a Message of Hope for Kids
Lily, a bilingual seven-year-old muppet with no fixed address, is among the growing cast of characters the program features who represent children dealing with a variety of circumstances.
Small Foundations Say Equity Is Important, but Few Have Diverse Boards, Study Says
The report also found that only 15 percent of the boards of smaller foundations include more than one person of color.
Harvard Receives $100 Million to Relocate Its American Repertory Theater: Gifts Roundup
Plus, Stephen King and Tabitha King gave $1.25 Million to a genealogical society, and Pomona College, Jesuit High School of New Orleans, and Miss Hall’s School received big gifts from women.
Percentage of Non-Itemizers Who Give to Charity Is Declining, Study Shows
The United Way study looked at data from 2004 to 2014 and also found that giving by people who do itemize their charitable gifts also fell during that time.
Grant-Making From Donor-Advised Funds Is Strong During Recessions, Study Finds
The researchers say donor-advised funds give money at a far higher rate than some other studies suggest.