Daily News Roundup: Pa. Financier Leaves $800 Million to Family Foundations
Also, a Massachusetts museum hires a neuroscientist to help plan new interactive exhibits in hopes of boosting visitors.
Daily News Roundup: New Amazon Building Will Include Homeless Shelter
The tech giant will give over part of a structure in its planned office campus in downtown Seattle to a homelessness charity. Also, an Illinois appeals court rules that a public college’s fundraising foundation is subject to open-records laws.
Follow David Rockefeller’s Lead, Corporate America, and Give
When governments cut back, business must work with nonprofits to step in and help those in need by offering not just money but expertise.
By Peter Scher
Contributor
Grants Roundup: Huntsman and Koch Funds Team on $50 Million Utah State Grant
Other notable awards include $51 million from the W.K. Kellogg Foundation for public schools in its Michigan hometown and $3.5 million from Chicago Cubs star Anthony Rizzo’s charitable fund to help families dealing with childhood cancer.
By Rebecca Koenig
Contributor
Charities Expect to Raise More in 2017, but Many Still Worry About Future
Two-thirds of U.S. nonprofits expect to exceed last year’s fundraising totals, but politics and the economy have them on edge, according to a new survey of more than 900 charity leaders and fundraisers.
By Timothy Sandoval
Contributor
Daily News Roundup: Metropolitan Museum of Art Mulls Ticket Charge for Non-New Yorkers
Mayor Bill de Blasio endorsed the deficit-plagued museum’s proposal to make entrance fees mandatory for visitors from outside the city. Also, Livestrong says it’s turning a fundraising corner after three years of plunging donations, and an African charity teams with dating app Tinder to help super-rare rhinos breed.
Grants Roundup: Gates and Chan-Zuckerberg Back $12 Million Personalized-Learning Venture
Other notable awards include $8.6 million from JP Morgan Chase to support job training in the health-care field.
By Rebecca Koenig
Contributor
Daily News Roundup: Conn. Charities Could Lose Sales-Tax Exemption
The proposal, aimed at reducing the state’s huge budget gap, would cost Connecticut charities more than $200 million a year. Also, a look at ties between a pharmaceutical giant and a tiny disease charity, and a big gift aims to send every student at a Maine college to study abroad.
Grants Roundup: $20 Million From State Farm Expands Data Effort at Georgia State U.
Other notable awards include $16 million from the Helmsley Charitable Trust to equip rural hospitals in the Midwest.
By Rebecca Koenig
Contributor
M&A Firm Looks to Bake Charity Into Corporate Mergers
A service developed by merger-management company SRS Acquiom and giving network Pledge 1% draws donations from interest on escrow accounts associated with major acquisition deals.
By Rebecca Koenig
Contributor
Daily News Roundup: Universities Pushing Back on Endowment Scrutiny
As Congress weighs restrictions on tax exemptions for endowments, well-heeled colleges are adding the issue to their lobbying agenda. Also, how technology unduly dominates a surge in education aid for displaced Syrian children.
Daily News Roundup: Modern Master Robert Ryman Donates Art Trove to Dia Foundation
Also, the European Union weighs legal action over Hungary’s targeting of George Soros-backed nonprofits, and a business professor calls for limiting the charitable tax deduction to gifts to “efficient” nonprofits.
Daily News Roundup: Former Feed the Children CEO Sues Over Ouster
A former congressman alleges he was fired by the anti-hunger charity after 10 months on the job for reporting irregularities to Oklahoma’s attorney general. Also, a look at how big Silicon Valley companies are redefining corporate social responsibility.
Grants Roundup: Good Ventures Gives $13.5 Million to Tackle Parasitic Infections
Other notable awards include $25 million to Texas A&M’s Mays Business School and $10 million to support Global Wildlife Conservation’s work protecting ecosystems and endangered species.
By Rebecca Koenig
Contributor
Grants Roundup: Omidyar Group Pledges $100 Million to Address ‘Trust Deficit’
The funds will support investigative journalism and efforts to counter misinformation and hate speech. Other notable awards include $21 million from the Jerold B. Katz Foundation to turn medical research into practical care and $10.1 million from Taube Philanthropies to bolster a California collection of Jewish art.
By Rebecca Koenig
Contributor
Daily News Roundup: Facebook and Foundations Team for News Project
The $14 million venture will back efforts to help people make informed judgments about what they read online. Also, a foundation fires the law firm it shared with President Trump, and a look at how Rockefeller heirs are taking the reins of the family’s philanthropy.