How a Mich. Community Foundation Used Data About the Transfer of Wealth to Spark Giving
Barry County’s community fund had just $350,000 when it learned more than a decade ago it could tap at least $43 million for local causes. It’s well on its way to raising that much.
By Heather Joslyn
Contributor
She owns 10.3 million shares in SVMK, the parent company of SurveyMonkey, which she plans to give to her charitable foundation when company goes public. In other articles, the Trump administration will no longer support the U.N agency that assists Palestinian refugees; a $20 million gift to the University of Illinois will include $15 million for a football performance center; Facebook will turn a warehouse in Menlo Park, Calif., into a Community Hub to support nonprofits; plus much more.
Daily News Roundup: Gates Foundation Changes Approach to Public-School Education
It wants to create networks of schools that will solve problems with the help of experts and then share what works. In other articles, President Trump has privately urged evangelical leaders to help Republicans win in the midterm elections; a $50 million gift will go to research at St. Louis University; and more about nonprofits and sex abuse, nonprofit finances, and the arts.
Daily News Roundup: $100 Million Gift Will Start Research Facility at U. of Wisconsin-Madison
The donation, from Foxconn, will require matching funds of $100 million to establish the research facility at the College of Engineering. In other articles, Y Combinator will contribute $60 million to study universal basic income; J.J. Watt’s foundation offers details where the $42 million it has raised for Hurricane Harvey relief is going; the founder of Craigslist has given $1 million in unrestricted money to Mother Jones; and more about news and nonprofit innovation and foundations.
Daily News Roundup: Zuckerberg and Moskovitz Are Spending Big on Midterm Issues
The Facebook co-founders are spending millions to get people to vote on housing and criminal-justice overhaul. Other articles include profiles two philanthropists: Ken Langone, founder of Home Depot, and Hamdi Ulukaya, founder of Chobani yogurt; a report on how money raised for Hurricane Harvey relief was spent; an opinion piece about Anand Giridharadas’s new book Winner Take All and an interview with the author. Plus, much more about nonprofit news and about the arts.
Daily News Roundup: $50 Million Gift Goes Toward Vision Research
In other articles, the United Way’s CEO talks about how the group is modernizing its fundraising strategy; a Georgia State University donor’s gift may have inflated the stock price; Starbucks employees will be allowed to divide their time between work and volunteering; the CEO of the Foundation for Jewish Philanthropies, who had been in paid leave, has resigned; a Harvard professor makes an argument for public-interest tech courses at universities. Plus, news and opinion on the arts and culture.
Podcast: American Red Cross CEO Talks About Leading a Large Nonprofit
Gail McGovern tells how the organization prepares for disasters and shares what she has learned in her decade as the group’s leader.
Daily News Roundup: Trump Ex-Lawyer Cohen Subpoenaed in Trump Foundation Inquiry
He could give N.Y. State investigators information as they look into whether Trump or his nonprofit did anything illegal. A British tycoon killed in a seaplane crash with his family left Oxfam $53 million due to a “common tragedy clause” in his will; a Wisc. financial adviser is accused of mishandling $3 million; half of the directors and officers of the Immigration and Customs Enforcement’s charitable foundation have connections to businesses that get money from ICE or its foundation; and more.
A Tool to Help Staff Field Donor Questions at Year’s End
The holidays bring a spike in gifts — and inquiries from donors. One nonprofit created a guide to help employees handle common requests.
By Lisa Schohl
Director, Nonprofit Learning
Daily News Roundup: Catholics Weigh Whether to Stop Giving Amid Sex-Abuse Scandals
In other articles, allegations of sexual misconduct have come to light at two private schools — the Hotchkiss School in Connecticut and the Key School in Annapolis; the Cleveland Orchestra has hired a law firm and formed a committee to conduct an independent investigation of alleged sexual-misconduct of concertmaster William Preucil; and a look at how small gifts can have as great an impact as big ones. Plus see more about giving and the limits of charity regulation and other news and features.
Daily News Roundup: Free Tuition Is Surprise Gift for All NYU Medical Students
New York Medical School announced it would cover tuition, and an anonymous gift will fund tuition for the University of Houston Medical School’s inaugural class. On other topics, a look at whether the Trump Foundation has violated federal law; the Soros Foundation will leave Hungary by the end of the month; the challenge of giving away $1 billion; plus news about museums and the arts.
Podcast: Teaching Students to Create Development Solutions in Central America
By working with universities and companies like Warby Parker, Social Entrepreneur Corps matches students interested in social entrepreneurship with locals to help fix problems in countries like Guatemala and Haiti.
Daily News Roundup: 3 Days on the Road With Parkland Student Activists
The New York Times has been following the high-school students as they travel the country registering voters and talking about gun violence. Plus, the Guardian reports on how diversity is part of the struggle for the Parkland students. In other articles, an accountant in Hawaii has been sentenced to 25 years in prison for stealing $7 million from a nonprofit; a charity founded by Mark Zuckerberg and Bill Gates is helping separated migrant families; and more about giving and other news.
Daily News Roundup: Priests Sexually Abused More Than 1,000 Children in Pa., Says Grand-Jury Report
State church leaders persuaded victims not to report the abuse and law-enforcement officers not to investigate, the report says. In other articles, donors to colleges are increasingly demanding more information about how their money is used; the Art Institute of Chicago has a long history of bringing in big gifts — here’s how it does it; the Negro Leagues Baseball Museum got a “groundswell of support” after vandals flooded its new education center. Plus, articles on innovation, giving, and more.
2 Universities Start Research Efforts to Study Diversity and Philanthropy
The new projects at Indiana and Grand Valley State universities seek to provide more research and insights about how charities and foundations can be become more inclusive.
By Timothy Sandoval
Contributor
Daily News Roundup: Fundraisers Host Extreme Events to Raise More Money
Studies have shown that the harder the challenge, the more people give. In other articles, churches lose billions every year through fraud, but the solution may lie with the IRS; two nonprofit scholars say that even with 1.5 million nonprofits in the United States, there is room for more; studies show that three simple tricks can nudge donors to increase their gifts; and more about giving and celebrity philanthropy.