Daily News Roundup: NAACP Hires New Leader and Will Change IRS Status
Interim president Derrick Johnson will take the permanent role, as the organization shifts to become a social-welfare group to improve its ability to lobby. In other articles, today’s megadonors have eclipsed the Gilded Age philanthropists; the story of the #MeToo Movement leader who sought to give sexual-abuse victims a voice; what the wave of recent disasters means for charities; and much more.
Gifts Roundup: Rusty and Paula Walter Give $101 Million to Houston Medical Center
Plus, George Soros pours $18 billion into his philanthropy, UNC at Chapel Hill lands $65 million from two alumni families, and the XPRIZE gets $25 million for its Alzheimer’s team.
By Maria Di Mento
Senior Editor
Daily News Roundup: Gates Foundation to Invest $1.7 Billion in New Education Focus
The grant maker wants to shift its sights to building more collaborative school networks. In other news, Harvey Weinstein and Kenneth Cole have been accused of covering up a suspicious deal involving a nonprofit group; a charity once led by Roy Moore did not report to the IRS that it guaranteed $498,000 in back pay to him; the Heritage Foundation is considering a White House aide to be its next leader; and why a children’s charity is holding its “dream gala” at Mar-a-Lago.
Daily News Roundup: Mexican Billionaire to Give $110 Million to Earthquake Relief
In other news, a D.C. chef has served more meals in post-hurricane Puerto Rico than the Red Cross; an NPR investigation disputes the claim that a Trump-associated golf course has given $5 million to charity; a N.C. congressman is pushing to allow all taxpayers to claim a charitable deduction; a city on the outskirts of Silicon Valley is experimenting with a philanthropy-based basic income; and Philadelphia Eagles player Chris Long is pledging his full 2017 salary to charity.
$18 Billion Vaults George Soros Into Stratosphere of Grant Makers
Social-justice groups like the ACLU and wide array of liberal-leaning nonprofits stand to benefit from the windfall.
By Alex Daniels and Maria Di Mento
Daily News Roundup: Soros Gives $18 Billion to His Philanthropy
George Soros has transferred the bulk of his wealth to Open Society Foundations. In other news, Vertex Pharmaceuticals is donating $500 million to charity; lawsuits filed last month charged two Washington State hospitals with aggressive tactics against the poor; two families pledge $60 million to the University of North Carolina; and Sen. Al Franken will donate Harvey Weinstein gifts to charity. Plus, read about the common thread between gay and female Boy Scouts, and more.
Daily News Roundup: $1.5 Billion Gift From Chinese Donor to Boost Conservation
The contribution, from He Qiaonv, is more than a third of her $3.6 billion net worth. In other news, Houston Methodist Hospital gets a $101 donation; the Clinton Foundation is keeping its gift from Harvey Weinstein; and donors are joining forces to tackle tough problems. Also read an opinion piece about the philanthropy of Bill Cosby and Harvey Weinstein.
Gifts Roundup: U. of Oregon Lands $50 Million; Michael Jordan Gives $7 Million for Medical Clinics
Plus, St. Norbert College, Kent State University, and three other higher-education institutions receive large donations.
By Maria Di Mento
Senior Editor
Fundraiser Pay: Salaries by U.S. Region
The Chronicle identifies fundraising leaders who make some of the industry’s biggest salaries — as well as those whose compensation is in the middle and low ranges.
By CODY SWITZER and Joshua Hatch
Daily News Roundup: Google Pledges $1 Billion for Job Training
Grow With Google aims to help anyone with internet access to prepare for a job in technology. In other news, Eli Broad is retiring from his philanthropy; Rutgers decides to keep a $100,000 gift from Harvey Weinstein and his family foundation; the sale of a charity’s headquarters could bring Roy Moore a windfall; and at Case Western Reserve, faculty members protest the role of a donor on a search committee — and the dean fires back with a blistering six-page letter.
Big Donors Favor Tex. Over Puerto Rico in Hurricane Relief, Chronicle Data Shows
Meanwhile, smaller donors are spreading their help more evenly among those battered by recent storms.
By Maria Di Mento
Senior Editor
Daily News Roundup: GOP Tax Plan Could Put Charities at Risk
Nonprofits that rely on middle-class donors would be especially vulnerable. In other news, a USC administrator responsible for raising hundreds of millions of dollars has stepped down amid sexual-harassment allegations; the Boy Scouts has announced it will establish a program that would allow older girls to aspire to the Eagle Scout rank; plus, more news about aid to Puerto Rico, donations for Las Vegas shooting victims, and more.
Foundation Forms a Family Giving Circle to Teach Young People About Philanthropy
Participating families will put money into a common fund, and at the end of 12 weeks, after discussing community needs and how to effect change, they will choose a local nonprofit to support. Here’s how you can start a similar program.
By Judith G. Salerno
Contributor
Video: How to Work With High-Profile Influencers
A consultant who works with nonprofits explains how organizations can approach people who are well-known and how to get and keep them engaged.
By Nidhi Singh
Contributor
Daily News Roundup: ‘MacArthur Genius’ Grants Announced
Winners of the $625,000 awards include the founder of United We Dream and the leader of the Inner-City Muslim Action Network. In other news, a key GOP representative wants to expand the number of people who can claim a tax break for charitable giving; Yale’s endowment posts disappointing returns; Harvey Weinstein steps down from the Robin Hood Foundation board; and Michael Jordan gives $7 million to health clinics in Charlotte, N.C.
Grants Roundup: $10 Million From Lilly Endowment to International African American Museum
Plus, Las Vegas Sands Corporation and its founder, Sheldon Adelson, create a $4 million fund for mass-shooting survivors and disaster-response groups.
By Maria Di Mento
Senior Editor