Fidelity Charitable Launches NFT Raffle Amid Crypto Downturn
The effort aims to tap into a new generation of donors.
Billionaire Leonard Lauder Gives $52 Million for Nurse-Practitioner Program
Plus, McKenzie Scott gave $15 million to support Lutheran Immigration and Refugee Service, and three universities and the MD Anderson Cancer Center all landed big gifts.
The Nursing Shortage Isn’t Only About Burnout
A dearth of nursing education faculty is preventing more people from entering the field — an issue that needs greater attention from donors, say a college dean and a foundation president.
10 Years In, GivingTuesday Has Become a Day Charities Can’t Afford to Sit Out
When #GivingTuesday debuted in 2012, some people didn’t even know what a hashtag was. In the years since, the event asking donors to give online has grown in popularity so much it is now can’t-miss day for charities.
Removing the Tax Exemption for Religious Congregations Is the Wrong Move for Our Polarized Nation
Recent suggestions to reconsider the tax deduction for religion contributions fail to appreciate the unmeasurable but critical benefits these organizations bring to a divided society in which connecting with others is increasingly illusive.
Charities favored by cryptophilanthropists are assessing the fallout from a scandal that reinforces skepticism about marrying the alternative currency and charitable giving.
Google.org Awards $10 Million to Feeding America to Bolster Food Banks
Also, the Perot Foundation and the Sarah and Ross Perot Jr. Foundation gave $50 million to the University of Texas Southwestern Medical Center to endow a dual-degree program for physician-scientists, and the Rockefeller Foundation has awarded $11 million to promote Indigenous farming practices to safeguard the global food system from the effects of climate change.
How Inflation, Economy Could Impact Your GivingTuesday
Charities are trying to make the most of the event by lengthening its duration, teaming up with colleagues, and changing how they talk about giving.
Some $46 billion flowed to working charities last year, and now more money is available even as the stock market has been on a rollercoaster and could dampen charitable giving.
Worry that the gifts would lead other donors to pull back their support or that small groups wouldn’t be able to handle the money were largely unfounded. Plus: MacKenzie Scott’s Giving Total Is Now Over $13 Billion
Jeff Bezos Says He Will Give Away Most of His Fortune
The Amazon founder whose “real-time” worth Forbes magazine estimates at roughly $124.1 billion, didn’t specify how — or to whom — he will give away the money but said he and his girlfriend, Lauren Sanchez, were building the “capacity” to do it.
Companies Seek to Jump-Start Donations From Everyday Donors as Year-End Giving Season Arrives
Companies often used to rely on partnerships with big nonprofits, but today many of them typically allow customers to make gifts to any organization that has received charity status from the IRS.
Retired Blackstone Partner and Wife Give $25 Million for Early-Childhood Health
Plus, a former vice chairman of the Federal Reserve supports a D.C. neighborhood museum. Also, two universities, the National Gallery of Art, and a health-care system in Utah all land big gifts.
The lawsuit cites an 1878 agreement with the state of California to create and fund the law school, which promised Hastings’ heirs $100,000, plus interest, should the school ever “cease to exist.”
Economy Shows Mixed Signals as Giving Season Approaches
Troubling economic signs, including high inflation, have clouded the outlook for nonprofits just at the moment when many organizations are entering their most important period for raising money.
Clarios Foundation Pledges $20 Million to Unicef to Improve Environmental Health for Children
Also, the Kislak Family Foundation gave $10 million to the Library of Congress for a new gallery about Indigenous societies, and several major grants have been announced at the U.N. Climate Change Conference, taking place this week in Egypt.