Daily News Roundup: Chan Zuckerberg Biohub Issues First Grants
The organization overseeing Mark Zuckerberg and Priscilla Chan’s $3 billion effort to tackle all disease earmarks $50 million to dozens of biomedical researchers. Also, India cuts financial ties with the Gates Foundation on a massive vaccine program.
Decline in Giving by Individuals Last Year Kept College Fundraising Flat
U.S. universities raised $41 billion, barely more than the previous year. Harvard led the way, taking in nearly $1.2 billion.
Surdna Foundation Commits $100 Million to Impact Investments
The New York family philanthropy also issued a report aimed at helping other foundations that want their portfolios to mesh with their missions.
Daily News Roundup: ACLU Rallies Left With Front-Line Fight on Trump Actions
Also, a refugee-resettlement charity faces an uncertain future in the wake of President Trump’s bid to restrict immigration, and Republican members of Congress call for amending the Johnson Amendment.
Clinton Foundation Makes Cuts Planned Before Election — but Not All
The charity still plans to close or spin off many operations, but it will maintain control over some ongoing programs and is weighing new fundraising approaches.
Daily News Roundup: Snapchat Parent’s IPO Could Bring $300 Million for Charity
Also, a Maine couple make their second $100 million art donation to a collegiate museum, and the Clinton Foundation assesses its finances and future in the Trump era.
A Small Nonprofit’s Investment in Fundraising Pays Off
The Community Sailing Center in Vermont made the most of a government grant and a surprise donation to build its development capability.
Daily News Roundup: Flush ACLU Heading to Silicon Valley Start-Up School
On the back of record fundraising, the civil-liberties group will join tech accelerator Y Combinator’s next session. Also, the Bidens launch their charitable foundation, and Ontario may bar hospitals from naming themselves for donors.
Daily News Roundup: Boy Scouts Open Ranks to Transgender Children
Also, a new survey shows college and university endowments took a hit in 2016, and political strategists allied with President Trump are launching a nonprofit to back his agenda.
Daily News Roundup: Harvard Endowment to Halve Staff in Shake-Up
The world’s wealthiest university will outsource management of most of its $35.7 billion investment fund. Also, a film about aid charity Partners in Health gets a high-profile premiere at Sundance.
Say No to a Free Mustang? Avoiding Pitfalls of Noncash Gifts
A donor may have a charity’s best interests at heart, but sometimes donations of products are more trouble than they’re worth.
A Tool for Measuring Fundraising Efficiency
Evaluate your fundraising health by monitoring expenses, dependency on top donors, and what it costs you to raise a dollar.
Daily News Roundup: Finalists Named for $20 Million X Prize Moon Shot
Also, David Cameron joins the nonprofit world as head of a British Alzheimer’s charity, and the New York Philharmonic loses its president.
Daily News Roundup: Public TV and Arts Agencies Reportedly on Trump’s Chopping Block
Also, the departing first couple solicits public ideas for making the Obama Foundation a “start-up for citizenship,” and Jewish nonprofits across the country are hit with a second wave of bomb threats.
Daily News Roundup: Gates Foundation Plans $9.6 Billion Berkshire Sell-Off
Also, the Lilly Endowment grants $100 million to Indianapolis social-service charities, and a natural-history museum trustee gives millions to groups skeptical of climate change.
Daily News Roundup: Charles Koch Gives $25.6 Million for Black Colleges
Also, Iowa State University is given a $93 million majority stake in an education-tech firm, and Hungary’s rulers announce plans to purge George Soros-backed activist groups.