Ommeed Sathe: Facelift for a Midsize City
Prudential Financial is working revitalize Newark’s downtown, among other areas, and it has found someone committed to figuring out what works best for each community.
By NICOLE WALLACE
Features Editor
Caroline Whistler: Dividends for Doing Good
The social-impact-bond pioneer played a leading role in establishing two of the seven U.S. pay-for-success projects now in operation.
By NICOLE WALLACE
Features Editor
Dominik Mjartan, Money in the Bank for All
The leader of a community finance nonprofit serving one of the poorest regions in the nation takes extra steps to make sure the people most in need are getting help.
By NICOLE WALLACE
Features Editor
Liesel Pritzker Simmons: All In on Impacting Investing
Her Blue Haven Initiative is a laboratory to answer the question: What happens when a family uses its wealth prudently to optimize its social and environmental impact?
Banking Giant HSBC Cuts Links With Big Muslim Aid Charity
The global bank halted services a year ago to international humanitarian agency Islamic Relief, allegedly over concerns that the nonprofit’s funds could end up in the hands of terrorist groups, Economic Times writes, citing reporting by London’s Sunday Times.
Opinion: 2016 Shaping Up as a Big Year for ‘Dark Money’
Presidential politics and congressional action are further opening the floodgates for funds from “social welfare” nonprofits to flow into this year’s campaigns, a Bloomberg View columnist writes.
Visa and Dell Help Girl Scouts Boost Digital Cookie Program
Girl Scouts of the U.S.A.'s burgeoning online cookie sales will get an estimated $3 million assist this year from the companies’ investment in training, tech tools, and digital features, reports The New York Times.
Obamacare Opt-Out Spurs Growth of Faith-Based Health Plans
Health-care ministries that offer coverage outside the insurance system have grown rapidly in recent years as consumers take advantage of an exception for such nonprofit providers in the Affordable Care Act, writes The Wall Street Journal.
Right Plans Hiatus in Planned Parenthood Funding Fight
A largely symbolic House vote next week to halt federal payments to the women’s health nonprofit will likely be the last on the issue until a Republican moves into the White House, conservative activists tell The New York Times.
Prison and Climate Divestment Activists Unite on Campuses
Student activists who have mounted parallel campaigns seeking to redirect their colleges’ investments are increasingly forming alliances to ratchet up pressure on behalf of their causes, reports the Associated Press.
Congressman Seeks More Data on Red Cross Downsizing
A ranking member of the House committee that oversees the American Red Cross is pressing for more information on how layoffs and chapter closures have affected the aid organization’s disaster-response mission, ProPublica reports.
Arts Giving Is a Low Priority for Data-Driven Millennial Donors
A new generation of donors committed to social causes and sympathetic to the tenets of “effective altruism” could create long-term fundraising problems for cultural nonprofits, according to The Seattle Times.
Israeli Leaders Advance Bill on Nonprofits’ Foreign Funding
A committee of government ministers approved legislation Sunday that would require nonprofits to disclose if they get more than half their funding from other countries, The Wall Street Journal and The Times of Israel report.
Chan Responds to Questions About Plans for Facebook Fortune
In an email to The Chronicle, the wife of the social-media pioneer Mark Zuckerberg describes the couple’s ideas on how they will distribute billions of dollars to philanthropic efforts.
By Megan O’Neil
Contributor
N.J. Alzheimer’s Group Joins Exodus From National Federation
Following the lead of affiliates in New York City and Southern California, the Greater New Jersey Alzheimer’s Association chapter is leaving the national group over its plan to reorganize into a single legal entity, reports The Wall Street Journal.
NYU Spending $1.1 Million to Renovate President’s Residence
The penthouse makeover follows past controversies over lavish perks for top New York University adminstrators and nationwide contention over college presidents’ pay and benefits amid rising tuition and student debt, according to The New York Times.