New Donor-Advised Fund Pushes to Keep the Cash Moving
A new charitable account provider affiliated with Amalgamated Bank asks donors to distribute at least 10 percent of their accounts annually to charity, a move that others have resisted.
By Alex Daniels
Contributor
Daily News Roundup: Mueller Investigating Ukrainian Payment to Trump Foundation
The special counsel is investigating a payment a steel magnate made in 2015 for a video appearance by Mr. Trump for a conference in Kiev. In other news, the Walton Family Foundation is leading an effort to add $300 million to loan funds to buy or build charter schools; Vanderbilt gets a $20 million gift; Stetson University gets $18 million; the NRA may have accepted more gifts from Russian donors than it first said; and more, including measuring the impact of ideas and articles on the arts.
Texas Tech Chancellor Robert Duncan On Courting Different Kinds of Donations
More and more donors to the Texas Tech System are from the energy sector, says the chancellor, but it’s important not to forget smaller supporters.
By Ariella Phillips
Contributor
Gifts Roundup: 6 Universities Get a Total of $90 Million
The raft of big higher-education donations includes $30 million for scholarships at Miami University in Ohio and $20 million for the New York University School of Law’s international programs.
By Maria Di Mento
Senior Editor
Daily News Roundup: $42 Million Grant Aims to Protect River
In other articles, some colleges are dropping TIAA because of fee hikes; the leader of the Anti-Defamation League is using business, marketing, and tech acumen to reshape the century-old nonprofit; a startup aims to match nonprofits with freelancers. Plus, other articles about must-read books and museum news and a young trailblazer and more.
Daily News Roundup: $18 Million Gift to Create a Heart Center
In other news, a University of Washington institute has won $11.3 million from the Open Philanthropy Project to work on a universal flu vaccine; the L.A. Clippers Foundation is giving $10 million to renovate basketball courts in Los Angeles city parks; the National Parks Conservation Association is suing Ryan Zinke and agencies he oversees over a water pipeline in California near a national monument; Drue Heinz, a literary-arts philanthropist has died; and more.
Finance Titan Who Gave $75 Million for Philosophy Studies Says ‘More to Come’
Famed investor Bill Miller III talks about his big donation to Johns Hopkins University, how philosophy influenced his Wall Street career, and his philanthropic plans.
By David Wescott
Contributor
1 in 4 Women Fundraisers Has Been Harassed, Exclusive Poll Finds
Two-thirds of women who have encountered misconduct on the job say donors were the perpetrators, according to a new study of more than 1,000 fundraisers sponsored by the ˆ and the Association of Fundraising Professionals.
By Timothy Sandoval
Contributor
Daily News Roundup: Companies Use Charitible Giving as ‘Tax-Exempt Influence Seeking,’ Says Study
A group of economists published an analysis of corporate philanthropy that paints a picture of giving that is more like lobbying. In other articles, the head of the Smithsonian Institution announced an effort to showcase achievements by women but stopped short of supporting a new museum; Detroit has built up a team of grant seekers that has helped attract tens of millions in grants and loans; and Fast Company looks at five ways nonprofits can solve their thorniest problems.
TED Organization Leads New $250 Million Bet on ‘Thrillingly Bold’ Philanthropy
See the winners of the Audacious Project, which is distributing money among five grantees with proposals “that will take your breath away,” according to one of the project’s leaders.
By Alex Daniels
Contributor
Daily News Roundup: Unanswered Questions About Sex Abuse at Global Aid Groups
Bad behavior among aid workers tends to be covered up or overlooked for the sake of the group’s image. In other articles, donors can now tell Alexa to send money to charity; the Minneapolis Foundation racks up $100 million as its donor-advised funds gain in popularity. Plus more, including how Melinda Gates is working to promote equality for women; a look at what artificial intelligence can do for nonprofits; and an interview with Planned Parenthood’s Cecile Richards.
Daily News Roundup: #MeToo Can Put Charities in a Tough Spot When It Taints Benefactors
Philanthropic efforts have suffered when powerful men they have relied on are brought down by allegations of sexual misconduct. In other articles, a drug distributor has pledged $100 million to start a foundation to fight the opioid epidemic; a look at why big donors give cash to business schools; the Kendeda Fund is giving $5.3 million to 10 public radio stations for reporting on gun violence; and more news, including the Schwarzman naming gift and a fight over a museum’s expansion.
Lucile Packard Children’s Hospital Wins $20 Million; UCLA and U. of Michigan Land Large Gifts
Other big contributions went to Denison University and the University of Central Florida.
By Maria Di Mento
Senior Editor
Daily News Roundup: NRA Finances Look Shaky Over the Long Term
In other news, the CEO of InterAction is promising steps to avoid sexual misconduct; a plan to rename a high school after billion donor Stephen Schwarzman raises hackles; and more about the arts and giving and other news.
Daily News Roundup: Planned Parenthood Gets $9 Million for New Tex. Clinics
The money came from an unnamed donor for two new clinics in the western part of the state. In other news, the Department of Education has converted grants to student loans for thousands of teachers in low-income areas; after the Parkland shooting, gifts to the National Rifle Association tripled; an ex-congressman has been accused of spending $450,000 in charitable gifts for personal use; a controversial Wellesley program backed by the Charles Koch Foundation is being overhauled; and much more.
$110 Million Pledge Will Go to Fight Cancer
Colorado philanthropists Richard and Susan Rogel directed the money to the University of Michigan Comprehensive Cancer Center, the recipient of previous gifts from the couple.
By Maria Di Mento
Senior Editor