Gifts Roundup: Sale of NFL’s Carolina Panthers Spurs $30 Million Gift for Kids
Also, Luther Seminary receives $21.4 million for an accelerated divinity school program, and a couple in addiction recovery gave $2 million to fight the opioid crisis.
By M.J. Prest
Senior Editor, Solutions
Daily News Roundup: Dozens of Fake Veterans Charities Pocket the Money They Raise, Says FTC
The Federal Trade Commission and others have worked together on more than 100 actions against phony nonprofits, which have collected tens of millions in cash and goods. In other articles, a Senate panel approved the Trump administration’s IRS nominee along party lines; a nonprofit for immigrants refuses $250,000 from Salesforce.com; resettlement charities fold or shift their focus as the number of migrants drops; plus more articles on innovation, nonprofits and the law, and opinion.
Daily News Roundup: N.Y. Is Investigating Trump Foundation, Sources Say
The state’s Department of Taxation and Finance is looking into whether the grant maker violated state laws. In other articles, the Interior Department is launching an inquiry into a real-estate deal linking the Zinke Foundation and the chairman of Halliburton; the arrest of alleged Russian agent Maria Butina has drawn attention to a firearms-advocacy group; and more news and features.
Schwab Charitable Donor-Advised Fund Contributions Reach $3.3 Billion
The strong stock market, tax-law changes, and a desire to provide disaster relief were major factors in the 9 percent increase, the financial giant said.
By Megan O’Neil
Contributor
Daily News Roundup: Treasury Defends Decision to Stop Requiring Some Groups to Disclose Donors
The Treasury Department says people can still find donor information from legally available sources. In other articles, the legal-services nonprofit Raices, which raised $20 million to help immigrant families, outlines its plans to pay the bonds for detained women and children; Bill Gates invests to try to speed up research on Alzheimer’s disease; and more about Bill Gates, government and politics and other news and features.
Giving Days Gain Traction in College Fundraising, and Other Trends From Education Conference
Alumni participation is down, although average gifts have climbed; big donors continue to gain influence; and the Voluntary Support of Education survey is changing hands, according to sessions at this week’s Council for Advancement and Support of Education conference.
By Drew Lindsay
Contributor
‘Zero Tolerance’ Pledge on Harassment Urged for College and School Fundraisers
The Council for Advancement and Support of Education suggests fundraisers and others should sever ties with donors, alumni, or anyone else involved in misconduct.
By Timothy Sandoval
Contributor
Daily News Roundup: Donor-Disclosure Requirements Loosened for Some Groups
The Treasury Department says social-welfare groups and trade associations no longer have to disclose their donors. In other articles, the University of Louisville and its former president are fighting over whether he is entitled to the large payout he made when he stepped down; George Soros is worried about the future of liberal democracy; Warren Buffett gives $3.4 billion to the Gates Foundation and others; and more news about big donors.
What to Do When a Prospective Donor Just Won’t Commit
Supporters sometimes act as though they plan to give big. They express interest in a cause, they attend events, they meet with fundraisers — and then fail to make a large donation. How do fundraisers deal with that?
By Timothy Sandoval
Contributor
Gifts Roundup: L.A. Children’s Hospital Lands $20 Million; Houston Park Receives $10 Million
Other notable gifts include $15 million to the Johns Hopkins Berman Institute of Bioethics and $2.5 million for the engineering school at UCLA.
Daily News Roundup: How a Sexual-Harassment Inquiry Went Wrong
In other articles, the Trump administration is making a new argument against the social safety net — that previous programs have already worked; the chairman of a Chinese conglomerate’s stake in the company is expected to go to a Chinese-based charity; real-estate gifts to colleges and universities are increasing; and much more news and opinion.
Daily News Roundup: Federal Grants to Care for Detained Kids Soar
Health and Human Service grants for providing shelter, foster care, and other services jumped from $74.5 million in 2007 to $958 million in 2017. In other articles, early ventures could shape the new federal “opportunity zone” program, which gives tax breaks to poor neighborhoods; the leader of a conservative group that says it aims to expose scientific fraud faces allegations of financial mismanagement and faked documents; and other news about innovation, big philanthropists, the arts, and more.
Daily News Roundup: $330 Million to Fund High-Risk Research in Life Sciences
The Wellcome Trust is setting up an independent group to provide money for research that is unlikely to get traditional grants. In other articles, the president of the Chan Zuckerberg Initiative’s education effort is leaving his post; Elon Musk has committed to paying for clean water in homes in Flint, Mich.; and more about nonprofits and government and other news.
Daily News Roundup: Charity That Raised $20M for Refugees Wants to Give it to DHS
The Refugee and Immigrant Center for Education and Legal Services is having a tough time dispensing the money quickly to help reunite migrant families. In other articles, clinics that offer medical exams to refugees also help determine the case for asylum; former Missouri governor Eric Greitens’s nonprofit could face big fines; the Boston Marathon raised more than $36 million for nonprofits; and more on giving, nonprofits and the law, arts and culture, and other news.
Daily News Roundup: GOP Tax Law Could Cost Charities
A 21 percent tax on some fringe benefits for employees could affect churches, hospitals, colleges, orchestras, and other groups. In other articles, a New York curator says a museum rescinded a job offer after she announced she was pregnant; the Salvador Dali Foundation sued the Monterey Museum for using the artist’s name and likeness; a look at the Gates Foundation’s failed effort to grade teachers; and more articles about big donors and social services.
Daily News Roundup: U.S. Volunteer Groups Stranded in Haiti
Flights have been canceled, and roads are unsafe due to violent protests over fuel prices. In other articles, most of the Trump Foundation’s giving in the past decade has gone to groups that hosted lavish events at Mar-a-Lago; artists Chuck Close and Laddie John Dill and the Sam Francis Foundation have lost a lawsuit against Sotheby’s, Christie’s, and eBay over royalties; and more about giving by LeBron James and China’s most charitable man as well as articles on innovation and social services.