How Political Differences Affect Philanthropy: Daily News Roundup
The more competitive the area, the less people give, a new study finds. Plus, a GoFundMe campaign for the Tree of Life synagogue has raised $1 million; the former Gates CEO Patty Stonesifer is stepping down from Martha’s Table; a white man is suing a Detroit museum of African-American history, saying he was fired because of race; and a representative for George Soros says he wants to appear on Fox News, but it won’t book him. Plus articles on giving and the election and nonprofits.
Carleton College and Carnegie Mellon U. Each Land $50 Million: Gifts Roundup
UCLA, the University of North Carolina at Chapel Hill, and Seattle Children’s Hospital also received large donations.
By Maria Di Mento
Senior Editor
A strongly worded letter condemned the group for its efforts in the wake of football player Jordan McNair’s death. In other articles, new requirements for distributing federal funds to states for programs that help the poor has left a food pantry in Ohio struggling to keep up with demand; a Chicago psychiatric hospital is being investigated over reports that allege sexual abuse of children; and more articles about big gifts and grants and innovation.
Gates Foundation Is Holding Off On Work With Saudi Crown Prince’s Nonprofit: Daily News Roundup
It’s rethinking its work with the group in the wake of journalist Jamal Khashoggi’s murder. In other articles, Mark Zuckerberg saves $128 Million in Facebook holdings through regularly planned sale of stock to the Chan Zuckerberg Initiative; National Geographic takes a look at how the Wyss Foundation’s $1 billion pledge to environmental causes may be used; almost $1 million was stolen from Jewish a charity in Fort Worth, Tex.; plus more news and articles about innovation and arts groups.
Donor-Advised Fund Sponsors Dominate Top Ranks of Nonprofits for Attracting Gifts
Fidelity Charitable attracted $6.8 billion last year — more than United Way Worldwide, the Salvation Army, and Alsac/St. Jude Children’s Hospital combined.
By dan.parks
Contributor
Philanthropist Plans to Give $1 Billion for Conservation: Daily News Roundup
Hansjörg Wyss explains his decision in a New York Times opinion piece. In other articles, Google.org is giving $25 million to humanitarian projects that use artificial intelligence; UCLA got $25 million for Parkinson’s disease research; the Ford Foundation CEO discusses how the #MeToo movement strengthened his resolve to work toward a more just world; what’s wrong with philanthropists’ efforts to fix education; and more opinion pieces and articles on innovation and cultural groups.
Russian Operative Looked at U.S. Nonprofits’ Cyberdefenses in Graduate School: Daily News Roundup
As a student at American University, Maria Butina gathered information on media-freedom and human-rights groups. In other articles, people who live in politically divided counties give less to charity; Fifth Third Bancorp commits $2 billion more to greater Chicago; tech billionaires continue their fight over raising taxes to help the homeless; Rajiv Shah talks about the Rockefeller Foundation’s new areas of focus and strategies. Plus, more news and articles on innovation.
Training Yields Big Payoff in Giving
Getting local chapters up to speed on how to raise big gifts produced huge gains in only five years.
By Timothy Sandoval
Contributor
Harvard’s five-year drive netted $9.6 billion, while the University of Michigan cleared $5 billion. Two fundraising leaders explain how they did it.
By Heather Joslyn and Timothy Sandoval
Who’s Raising the Most: The 100 Charities That Are America’s Favorites
The country’s 100 top charities — United Way, Red Cross, Obama Foundation, and Harvard, among them — raised 11 percent of all cash and stock donated to charitable causes.
By Drew Lindsay
Contributor
Shooter’s Rants on Social Media Were Aimed at Jewish Agency That Aids Refugees: Daily News Roundup
HIAS is one of nine agencies that has a contract with the State Department to help refugees acclimate to the United States. Plus, Muslims have raised $110,000 for the Pittsburgh synagogue victims; Parkland families are creating memorial funds and activist organizations in memory of those who lost their lives in the shooting; and much more about HIAS, big gifts and grants, and giving and the wealthy.
Hollywood Producer Ryan Murphy and Spouse Give $10 Million to Children’s Hospital LA (Gifts Roundup)
Also, Stanford and University of Maryland each received $25 million gifts.
By Maria Di Mento
Senior Editor
7 Things to Know About 2018’s Year-End Giving
Will overall fundraising perk up? Will more megagifts arrive? Will the “Trump bump” continue? Stay tuned.
By HEATHER JOSLYN
Contributor
Value of David Rockefeller Bequest to Family Foundation Hits $250 Million
The value of his holdings exceeded previous estimates, boosting the size of his bequest to the Rockefeller Brothers Fund, which has assets of $1.2 billion.
By Alex Daniels
Contributor
Trump Foundation Faces N.Y. Attorney General in Court: Daily News Roundup
The grant maker is requesting a lawsuit be dismissed that alleges the organization along with Trump, his sons Eric and Donald Jr., and daughter Ivanka violated state and federal laws. Plus, the British arm of Oxfam has seen a spike in claims of sexual abuse; religious groups and atheists are clashing over a longtime tax break that gives religious leaders tax-free housing allowances, costing taxpayers hundreds of millions of dollars annually; and more news and features about cultural groups.
90% of the Wealthy Give to Charity and 48% Volunteer, Study Says
The new U.S. Trust Survey also found that overall giving by the rich is on the rise, although affluent millennials give slightly less than other wealthy donors.
By Maria Di Mento
Senior Editor