Daily News Roundup: Ala. Senate Hopeful Hit Over Pay as Nonprofit Head
An attack ad cites $1 million in compensation Republican candidate Roy Moore and his wife received as leaders of a Christian legal-aid group. Also, the head of GM’s philanthropy unit resigns, and the National institutes of Health leaves millions on the table in ending a brain-research partnership with the NFL.
Daily News Roundup: Zuckerberg-Chan Initiative Adds Another Adviser
Joel Benenson, a former Hillary Clinton and Barack Obama pollster, also works for the American Civil Liberties Union. Also, pension and endowment values at the University of California grew 14 percent thanks to lower money-management fees.
Daily News Roundup: Koch Fund Donation Prompts Concerns About Academic Freedom
The $10 million from the Charles Koch Foundation will go toward an economics and quantitative-analysis institute at the University of Utah. Also, PBS warns proposed government cuts could close some stations.
Daily News Roundup: Rockefeller Backs Social-Good Investment Startup
The new group’s goal is to help charities create exchange-traded funds that benefit the charities. Also, women are gaining prominence in Jewish philanthropy, and twice as many churches now offer sanctuary to illegal immigrants, but they have few takers.
Daily News Roundup: Nonprofit’s Twist on Private-Equity Fund Aims to Speed Diabetes Research
The Juvenile Diabetes Research Foundation’s new nonprofit invests in companies studying the disease. Also, the United States is suspending a program that fights extreme poverty.
How to Capitalize on Donor-Advised Funds
The Chronicle’s “What Donors Want: Donor-Advised Funds” gives you advice you can use to tap into this fast-growing trend.
Daily News Roundup: Boy Scouts CEO Apologizes for Trump Speech
Also, a judge has ordered Apple to pay $500 million to a research foundation, and President Trump has donated his $100,000 second-quarter salary to the Department of Education for a STEM camp.
Daily News Roundup: Chinese Man Makes Mysterious $18 Billion Donation
A man contributed a large share of a giant Chinese company to a new foundation based in New York, prompting scrutiny. Also, Google committed $50 million to efforts to prepare workers for the new economy.
How to Keep Your Charity Neutral in a Partisan World
Nonprofit leaders offer smart tips for remaining apolitical to build bipartisan support among lawmakers and donors. The advice can also benefit groups that take a neutral stance but are plunged unexpectedly into a political controversy, as happened to the Boy Scouts this week after President Trump made a speech at its jamboree that included partisan political comments.
By Maria Di Mento
Senior Editor
NoVo Creates $20 Million Social-Justice Fund to Fight Trump-Inspired Threats
Jennifer and Peter Buffett’s NoVo fund will put a priority on projects led by women and coalitions that bring together people from different countries.
By Rebecca Koenig
Contributor
Many Big Nonprofits Rapidly Stockpiling Endowment Cash, Chronicle Data Shows
For 253 of the more than 1,600 nonprofits studied, the dollars flowing into their endowments over six years exceeded the dollars flowing out by more than four to one.
By Megan O’Neil
Contributor
Hundreds of nonprofits across the country are amassing huge amounts of money — many times more than they spend annually — and Congress is taking a closer look at these stockpiles of tax-exempt cash.
By Megan O’Neil and joshua.hatch
Daily News Roundup: Trump Speech Angers Boy Scout Parents and Alumni
The president gave a partisan speech to a gathering of thousands of Boy Scouts. Also, new research suggests fundraising appeals should be tailored to reflect how donors view themselves.
Daily News Roundup: Judge Clears Legal-Aid Groups to Keep Helping Immigrants
The ruling blocks Justice Department efforts to restrict nonprofits from giving legal help to potential deportees unless they take them on as formal clients. Also, the NAACP names an interim chief executive, and Kalamazoo officials unveil details of a planned $500 million foundation to help the financially struggling city.
Nonprofit Coalition Takes a New Tack in the Trump Era
Dan Cardinali has spent his first year as head of Independent Sector finding ways to promote a populist tax idea and taking a more expansive approach to getting charities and foundations to work together.
By Rebecca Koenig
Contributor
Daily News Roundup: Controversy Over Coke Giving Follows Ga. Health Official to CDC
The soft-drink giant funded anti-obesity programs in Georgia when Brenda Fitzgerald, incoming head of the Centers for Disease Control and Prevention, was the state’s health commissioner. Also, volunteerism jumps in New York City, and a tale of two Utah nonprofits that barred LGBT groups from events.