Donors Give $116.7 Million on Giving Tuesday
This year’s event brought in more than 1 million gifts, according to data from the 92nd Street Y. While the numbers are still being crunched, one measure shows a 40 percent increase over the amount raised last year.
By Eden Stiffman
Senior Editor
Newark to Create Community Schools With Zuckerberg Funds
The Foundation for Newark’s Future announced a $12.5 million plan Tuesday to develop new schools with significant community input and local service programs, one of the last investments from the philanthropic pot built upon Mark Zuckerberg’s $100 million donation five years ago to the New Jersey city’s school system, Associated Press writes.
Zuckerberg and Chan Pledge Nearly $45 Billion to ‘Improving This World’
The couple promised to give away 99 percent of their Facebook shares, with a focus on advancing human potential and promoting equality.
By Rebecca Koenig
Contributor
Gates Scholarship Program Aims to Boost Minority Leadership
The successor to Millennium Scholars will distribute $417 million to provide tuition support for 3,000 undergraduate students.
By Alex Daniels
Contributor
Silicon Valley Flexes Its Muscles — Again
The announcement by Facebook co-founder Mark Zuckerberg and his wife, Priscilla Chan, that they will dedicate nearly all of their Facebook stock to doing good marks another milestone in the rise of technology titans as major forces in philanthropy.
Gates Is Spearheading Multibillion-Dollar Clean-Energy Effort
As landmark U.N. climate talks get under way in Paris on Monday, Bill Gates is set to announce a global fund backed by governments and philanthropy to research and develop new clean-energy technologies, Greenwire and The New York Times report.
Charities Incorporate Virtual Reality Into Donor Pitches
Nonprofits such as Charity: Water and Pencils of Promise are exploring the immersive technology as a way to give donors a clearer view of their mission and work, The Wall Street Journal writes.
Link to Chinese Messaging App Pays Off for Medical Charity
Users of the popular Chinese social-networking application WeChat are providing a steady source of donations to Watsi, a crowdfunding nonprofit that raises money for people around the world to pay for medical care, CNN Money reports.
Ad Council Retools Public-Service Spots for Social-Media Age
New, multiplatform public-service campaigns by the Advertising Council show how the venerable nonprofit communications agency is evolving in an era of sophisticated digital social media, The New York Times writes.
Backed by Huge Audiences, Video-Game Stars Get Into Giving Tuesday
How much can international gamer celebrities like Athene raise for charity? Save the Children will find out with its #GamingTuesday.
By Rebecca Koenig
Contributor
Zuckerberg Donates $20 Million to Help Schools Get Connected
The gift from Facebook CEO Mark Zuckerberg and his wife, Priscilla Chan, will support EducationSuperHighway, a nonprofit working to equip schools with high-speed Internet connections, The New York Times writes.
Oxfam’s Location-Based Mobile Ads Target Holiday Shoppers
The aid charity is teaming with a mobile-advertising company for a holiday campaign that aims to tap potential donors when they may be most predisposed to give, writes The Wall Street Journal.
Fidelity Charitable Now Accepts Bitcoin Donations
The donor-advised fund manager is working with the bitcoin platform Coinbase, which converts the digital currency to cash at no charge. Donors’ tax deductions will depend on how long they have held the currency, The Wall Street Journal reports.
New Anti-Defamation League Leader Reflects on Paris Attacks
Social-policy guru and former White House official Jonathan Greenblatt sees tremendous pressure building on the Jewish community in Europe.
By Alex Daniels
Senior Editor, Foundations
Facebook Debuts New Fundraising Tools
The new features include a “donate” button pilot project that will make it easier for users of the social-media site to give to charity with fewer clicks.
By Megan O’Neil
Contributor
A Family Digs Deep to Give Until It Hurts — and Launches a Movement
After scrimping and sacrificing, Eugene and Minhee Cho’s nonprofit One Day’s Wages has attracted a strong following among young people drawn to its simple message and commitment to transparency.
By Rebecca Koenig
Contributor