Nonprofit Investment Returns Average Only 6.7%: Daily News Roundup
November 28, 2018 | Read Time: 1 minute
Top News
Why Charities Do Good — but Not Well — With Your Money (Wall Street Journal — subscription). Plus, see a Chronicle article examining how foundation investments fare against the market.
Charities Brace for Tax-Driven Dip in Year-End Giving (Wall Street Journal — subscription). Plus see a Chronicle article on how charities hope to influence Congress on tax legislation.
Meek Mill, a Musician and Advocate for Changes in the Criminal-Justice System, Announces New Foundation for Prison Overhaul (Washington Post)
Dillard U. President Slams Inequities in Philanthropy Amid Fundraising Push (Times-Picayune)
Mary’s Place Launches Campaign to Raise $2 Million for New Shelter (Seattle Times). See the Chronicle’s look at Mary’s Place, which has inspired Jeff Bezos’s giving.
Giving Tuesday Recap
Apple Gave This Idaho School Hundreds of iPads. CEO Tim Cook Says It Isn’t About the Money (Idaho Statesman)
Facebook Gaming Enables Charity Livestreams for Giving Tuesday (Variety). Also, see Chronicle highlights from #GivingTuesday and see how Facebook is investing more in online charitable giving.
Ideas and Innovation
‘Just Giving’ Review: Generosity, With Benefits (Wall Street Journal — subscription). Plus, see more from the author, Rob Reich: Does Michael Bloomberg Deserve a Tax Break? (Boston Globe). And see Rob Reich’s Chronicle column about his book, another column in City-Journal, and this Washington Post column about how higher taxes can ‘bring Americans together.’
This Foundation Has Spent $60 Million to Build Smart Homes for Wounded Veterans (Digital Trends)
Can This Movement Get More Donors to Maximize Their Impact? (Devex)
Nonprofits and Politics
Christine Blasey Ford Donating GoFundMe Money (Marie Claire)
Detroit and Flint Keep Relying on Private Money to Solve Public Problems. Why? (Washington Post)
Legacy
Obituary: Harold O. Levy, Progressive New York City Public Schools Chief and Executive Director of Jack Kent Cooke Foundation (New York Times)
