Daily News Roundup: Levi’s CEO Urges Businesses to Take Action on Gun Violence
The company has created a fund to support nonprofit efforts and is doubling its match for employee gifts to anti-violence groups, among other efforts. Plus, read how the University of Michigan will use a $10 million gift to create a foreign-policy center on campus; and how Sylvia Acevedo went from a poor childhood to being a rocket scientist to leading the Girl Scouts; and how the IRS’s new guidance on easing deduction limits for some business owners will affect charitable giving; and more.
Daily News Roundup: U. of Louisville Faces Inquiry Into Big Payments to Former Officials
The university foundation spent almost $4 million in excessive pay to the ousted president and others. In other articles, a court case showed how a Missouri college improperly diverted funds from its endowment; a Pennsylvania inquiry into sex abuse among Catholic clergy may set a precedent; and much more about giving and nonprofit innovation.
A Donor Driven by Business Acumen and Gut Instinct
Adrienne Arsht has a personal interest in human resilience. But she also gives to education, health, the performing arts, and other causes.
By Maria Di Mento
Senior Editor
Corporate and Charity Leaders Exchange Advice
Nonprofits and companies have much to gain from getting to know each other better. The Chronicle asked leaders experienced in corporate-nonprofit partnerships for advice on how best to support each other.
By Megan O’Neil
Contributor
Daily News Roundup: Trump Charity Says Attorney General Lawsuit Is Political
The attack is in response to a lawsuit accusing the organization and Trump family members of violating campaign-finance laws and self-dealing, among other things. In other articles, a look at why nurses at Dignity Health are opposing a merger with Catholic Health Initiatives; how a nonprofit that pays bail is changing lives in places like Tulsa, Okla., and St. Louis; Brad Pitt’s nonprofit faces a potential lawsuit stemming from alleged mold contamination and structural flaws; and much more.
Gifts Roundup: Saint Louis University Lands a $50 Million Gift
Plus, football great Peyton Manning gave $1 million to his alma mater; and the founder of Craigslist, Craig Newmark, donated $ 1 million for investigative journalism.
By Maria Di Mento
Senior Editor
How a Mich. Community Foundation Used Data About the Transfer of Wealth to Spark Giving
Barry County’s community fund had just $350,000 when it learned more than a decade ago it could tap at least $43 million for local causes. It’s well on its way to raising that much.
By Heather Joslyn
Contributor
She owns 10.3 million shares in SVMK, the parent company of SurveyMonkey, which she plans to give to her charitable foundation when company goes public. In other articles, the Trump administration will no longer support the U.N agency that assists Palestinian refugees; a $20 million gift to the University of Illinois will include $15 million for a football performance center; Facebook will turn a warehouse in Menlo Park, Calif., into a Community Hub to support nonprofits; plus much more.
Philip and Nancy Anschutz, Quiet but Prolific Philanthropists
The Denver billionaires, worth an estimated $12 billion, give to a wide range of causes including health, education, human services, and LGBT rights.
By Maria Di Mento
Senior Editor
Daily News Roundup: Gates Foundation Changes Approach to Public-School Education
It wants to create networks of schools that will solve problems with the help of experts and then share what works. In other articles, President Trump has privately urged evangelical leaders to help Republicans win in the midterm elections; a $50 million gift will go to research at St. Louis University; and more about nonprofits and sex abuse, nonprofit finances, and the arts.
Daily News Roundup: $100 Million Gift Will Start Research Facility at U. of Wisconsin-Madison
The donation, from Foxconn, will require matching funds of $100 million to establish the research facility at the College of Engineering. In other articles, Y Combinator will contribute $60 million to study universal basic income; J.J. Watt’s foundation offers details where the $42 million it has raised for Hurricane Harvey relief is going; the founder of Craigslist has given $1 million in unrestricted money to Mother Jones; and more about news and nonprofit innovation and foundations.
Yale Lands $160 Million From Edward Bass, Texas Oil Heir
The alumnus’s money will help the university renovate and expand its natural-history museum.
By Maria Di Mento
Senior Editor
Calling Out Phony Philanthropists
In his new book Winners Take All, Anand Giridharadas says that big donors are often guardians of the status quo that made them rich at the expense of others.
By Drew Lindsay
Contributor
Daily News Roundup: Zuckerberg and Moskovitz Are Spending Big on Midterm Issues
The Facebook co-founders are spending millions to get people to vote on housing and criminal-justice overhaul. Other articles include profiles two philanthropists: Ken Langone, founder of Home Depot, and Hamdi Ulukaya, founder of Chobani yogurt; a report on how money raised for Hurricane Harvey relief was spent; an opinion piece about Anand Giridharadas’s new book Winner Take All and an interview with the author. Plus, much more about nonprofit news and about the arts.
Gifts Roundup: Philip Anschutz Gives U. of Colorado $120 Million for Health Sciences
Plus, U.C. San Diego lands $50 million for its ophthalmology department, and a St. Louis theater receives $20 million.
By Maria Di Mento
Senior Editor
Daily News Roundup: $50 Million Gift Goes Toward Vision Research
In other articles, the United Way’s CEO talks about how the group is modernizing its fundraising strategy; a Georgia State University donor’s gift may have inflated the stock price; Starbucks employees will be allowed to divide their time between work and volunteering; the CEO of the Foundation for Jewish Philanthropies, who had been in paid leave, has resigned; a Harvard professor makes an argument for public-interest tech courses at universities. Plus, news and opinion on the arts and culture.