Daily News Roundup: Silicon Valley Fund Widens Inquiry Into Workplace Complaints
Amid complaints from donors, the Silicon Valley Community Foundation has hired a second law firm to investigate a “toxic” work environment. In other articles, the Philadelphia school board has decided to accept a $25 million gift from Stephen Schwarzman for his former high school; the NRA has broken its fundraising record; a lawsuit is seeking details of a gift to George Mason University from the Charles Koch Foundation; and other articles about sexual harassment and giving and more.
Daily News Roundup: Huge Wealth Magnifies Silicon Valley Community Foundation Scandal
In other articles, a New Jersey legal case could prompt another battle over the separation of church and state; a Yale professor says nearly every country seems to be backsliding on human rights; new federal rules for funding teen-pregnancy programs favor abstinence; universities and charter schools get big gifts; outside donors such as the Koch brothers and the Chinese government get extra scrutiny at Texas universities; and much more about nonprofit news and arts and culture.
Daily News Roundup: Can Silicon Valley CEO Survive Scandal?
Emmett Carson is in the midst of a crisis over harassment claims about his chief fundraiser. In other articles, the chair of Save the Children is coming under criticism for how he dealt with a sexual-harassment scandal at the charity; Michael Bloomberg is spending $4.5 million to cover this year’s U.S. financial commitment for the Paris climate accords; Missouri Gov. Eric Greitens has been charged with a felony for tampering with computer data connected to a nonprofit donor list; and much more.
Daily News Roundup: Save the Children Chair Steps Down
Alan Parker resigned before his term ended, saying the nonprofit needed to rebuild trust. In other articles, complaints about sexual misconduct have tripled since the Oxfam scandal, says Britain’s Charity Commission; the Open Society Foundations may leave Hungary; a nonprofit created to pay Missouri Gov. Eric Greitens’s legal bills raised no money last month; artificial-intelligence researchers are making $1 million-plus at nonprofits; and other articles on big gifts and donor research and more.
Pledges to Federal Charity Drive Drop by Nearly 40%
The campaign brought in $101 million, a far cry from the peak of $283 million raised in 2009.
By Timothy Sandoval
Contributor
Daily News Roundup: Brown U. Gets $100 Million
The gift, from an alumnus, will go to a neuroscience institute. In other articles, President Trump’s NASA nominee allegedly used a nonprofit to benefit himself; accusations of bullying and inappropriate sexual comments have prompted an investigation at the Silicon Valley Community Foundation; employees at the Soros Foundation have unionized; Missouri Governor Eric Greitens is accused of misusing a charity donor list; and other articles about millennial donors and the arts and much more.
Daily News Roundup: Gates Adds $1 Billion More to Malaria Fight
The foundation grant will invest in research and development efforts through 2023. In other articles, the Art Institute of Chicago has landed gifts of $50 million and $20 million; Seattle public radio station KEXP receives $10 million; plus, news, features, and opinion about the endowment tax and American orchestras and Liberty University and more.
House Bill Would Require Charities to File Tax Forms Electronically
Supporters say the move would help state regulators identify fraud.
By Alex Daniels and Peter Olsen-Phillips
Daily News Roundup: Harvard, Yale, and Others Trying to Repeal Endowment Tax
Thirty colleges are aiming to help two members of the House (a Democrat and a Republican) find sponsors for a bill. In other articles, Amherst gets $100 million from an anonymous alum to match “gifts at very significant levels"; Sheldon and Miriam Adelson are giving $70 million to the Birthright Israel Foundation; Beyoncé donates $100,000 to historically black colleges; and articles about one of the world’s wealthiest charities and universal basic assets and more.
Daily News Roundup: Donors Are Going Back to Their Hometowns to Fix Them Up
Often they require a combination of philanthropy and investments with a social return. In other articles, the Ford Motor Company has agreed to pay the Abell Foundation and a technology firm to use a hybrid engine technology; Report for America, a nonprofit that works like AmeriCorps, plans to place 1,000 journalists in understaffed newsrooms by 2022; the Twin Cities is going informal, holding fewer black-tie events; and other articles about the Obama Foundation and data-analysis tools and more.
More Than Half of Nonprofits Aren’t Worried Tax Overhaul Will Dampen Giving
Still, one in five charities reports being concerned about the impact, according a new study from the Nonprofit Research Collaborative.
By Timothy Sandoval
Contributor
Foundations Gear Up to Influence 2018 Elections
Private and community foundations are seeking ways to get out the vote and influence state-level campaigns, said numerous speakers at a Council on Foundations meeting that attracted 200 grant-making officials.
By Alex Daniels
Contributor
Daily News Roundup: Bloomberg Aims to Speed Up the Demise of Coal Mining
In other news, the head of American Atheists has been suspended after a complaint that prompted an investigation; Texas A&M has raised $3 billion of its $4 billion campaign goal; the Rockefeller art collection could top $1 billion at auction; the Smithsonian Institution has will work with the Victoria and Albert Museum on a joint gallery and exhibition space in London; and much more, including articles on charities and politics.
Daily News Roundup: Schwarzman Had Long List of Demands in Exchange for $25 Million Gift
Billionaire Stephen Schwarzman wanted a portrait of himself, his brothers’ names on display, curriculum changes, and approval over the building design of the high school that was to receive his gift. In other articles, the MacArthur Foundation is giving more than $24 million to Chicago-are arts groups; a Florida hospital is getting a $25 million contribution; Ken Griffin is donating $10 million to Chicago police to fight gun violence; and much more on the arts and news and opinion.
The MasterCard Foundation severed relations with Michigan State, saying it was “dedicated to providing a safe environment for young people who participate in our programs.” In other news, Save the Children faces a formal investigation after complaints about employee behavior and the departure of senior staff members; the biggest Black Lives Matter Facebook page is fake but raised $100,000; and other articles on gun violence and the arts and the Stephen Schwarzman gift and more.
Daily News Roundup: Mueller Investigating Ukrainian Payment to Trump Foundation
The special counsel is investigating a payment a steel magnate made in 2015 for a video appearance by Mr. Trump for a conference in Kiev. In other news, the Walton Family Foundation is leading an effort to add $300 million to loan funds to buy or build charter schools; Vanderbilt gets a $20 million gift; Stetson University gets $18 million; the NRA may have accepted more gifts from Russian donors than it first said; and more, including measuring the impact of ideas and articles on the arts.