How to Get Ready to Accept Cryptocurrency Gifts
Four steps to prepare an organization to accept digital assets from supporters.
Cryptocurrency Rules Are a Work in Progress. Here’s What to Do for Now.
A pair of tax and regulatory experts offer advice for handling Bitcoin and other currencies while the IRS plays catch-up.
How Do Cryptocurrency Donations Work?
Here’s a simple breakdown of the process involved in getting and using Bitcoin and other donations from digital-savvy donors.
Giving to Tulsa’s United Way reached almost $26 million last year, just $5 million shy of the giving total to the United Way of New York City.
Homegrown business leaders are helping turn this city into an Ohio hot spot.
Only a few hundred nonprofits, estimates say, are set up to accept Bitcoin and other digital assets. Now is the time for organizations to decide whether, and how, they’ll start accepting such donations.
Richard Branson Announces $105-Million Fund for Eye Disease, Backed by Gates and Others
The investment follows news of major American foundations and drug companies funding research and treatment.
How Leaders of an Arts Group Tag-Team Donor Meetings
When top officials describe shared spending and artistic priorities, donors respond well, say two leaders of Chamber Music Society of Lincoln Center.
The Museum of Modern Art Lands $40 Million: Gifts Roundup
Plus, San Francisco State University receives $27 million, and a junior college in Texas and an art school in Maine get big gifts.
House Republicans Want to Rescind New Tax on Nonprofits: Daily News Roundup
An amendment has been introduced that would kill a new tax on certain fringe benefits that churches, colleges, and other nonprofits provide for employees. Plus, Bloomberg Philanthropies plans to give $50 million to fight the opioid epidemic; Sheryl Sandberg reportedly asked Facebook’s communications staff to do research on George Soros’s financial interests after his criticisms of tech companies; and more news and articles on big donors, ideas, and powerful women in philanthropy.
Nonprofit Investment Returns Average Only 6.7%: Daily News Roundup
A 2009-16 study shows that they underperform even U.S Treasurys. Plus, charities are anxiously anticipating a drop in year-end giving because of the new tax law; a musician has announced a new foundation for prison overhaul; the president of Dillard University is chiding philanthropists for giving less to historically black colleges and universities; Mary’s Place, one of Jeff Bezos’s favorite charities, is launching a campaign to raise $2 million for a new shelter; and much more.
How a Mich. Charity Raised $26 Million for a Neglected Cause
A supporting foundation for United Methodist Retirement Communities beat its own projections with anonymous gifts and an appeal to donors’ religious faith.
Soros Foundation Closes in Turkey: Daily News Roundup
Days before the shutdown, President Tayyip Erdogan said George Soros “assigns people to divide nations and shatter them.” Plus, Chef Jose Andres has been nominated for the Nobel Peace Prize; the Trump Foundation made no donations last year; the Trump Organization gave more than $500,000 to the Trump Foundation in 2017, according to a tax return; an effort to encourage people to include charities in their estate planning aims to raise $1 trillion; plus, articles about Giving Tuesday and more.
As the Bezos Billions Begin to Flow, a Picture of His Giving Philosophy Emerges
The Amazon founder has said little publicly about what motives his philanthropy, but a closer look at Mary’s Place and other early recipients of his giving reveals some common traits of nonprofits he likes.
Giving Rose 14% Last Quarter, Mainly Due to Big Gifts
Big donors have driven the growth so far this year, but nonprofits should be concerned that smaller contributors are giving less, researchers say.
Lawsuit Against Trump and His Nonprofit Allowed to Proceed: Daily News Roundup
A judge in New York State denied President Trump’s lawyers’ request to dismiss a suit against the Trump Foundation brought by the state attorney general. In other articles, after Facebook admitted using a controversial public-relations firm to research George Soros, his philanthropy says lawmakers should scrutinize the social-media site more closely; Phil Knight gave $109 million to his foundation; Jeff Bezos donated $97.5 million to groups that aid the homeless; and much more.