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Philanthropy Today

A free email with news, trends, and opinion articles about the nonprofit world, as well as links to our tools, resources, and webinars. Delivered every weekday. Philanthropy Today subscribers also get a bonus weekly email called Philanthropy Today — The Commons, about how America’s nonprofits and foundations are working to heal the nation’s divides.

December 2, 2024
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From: Philanthropy Today

Subject: Warren Buffett Gives $1.2 Billion to His Children’s Foundations

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  • The children of Berkshire Hathaway Chairman and CEO Warren Buffett, from left, Howard Buffett, Susie Buffett, and Peter Buffett, pose for a photo at the CenturyLink Center exhibit hall in Omaha, Neb., May 1, 2015.
    Major Gifts

    Buffett Continues Thanksgiving Tradition With $1.2 Billion to His Kids’ Foundations

    By Maria Di Mento
    By pouring huge sums into his family’s foundations, Warren Buffett shows trust in his three children to give away his $151 billion fortune.
  • Romanita Hairston – CEO of M.J. Murdock Charitable Trust 
Photographed by Kari Rowe for The Chronicle
    Leadership

    The New Generation of Foundation Leaders Is Younger and More Diverse

    By Alex Daniels
    The new CEOs have risen through the nonprofit ranks, unlike their predecessors.
  • Darlene Marcos Shiley with a portrait of her late husband, Donald.
    Gifts Roundup

    U. of San Diego Lands $75 Million for STEM Programs

    By Maria Di Mento
    Plus, MacKenzie Scott strikes again with another $65 million gift, financier Michele Kang gives U.S. Soccer $30 million for women’s and girls’ programs, and U.S. veterans and their families will benefit from a new $25 million donation from the founder of Craigslist.

WEBINARS

  • 011625_Donor Communications_COP_newsletter_Plain.jpg

    Today: January 16, at 2 p.m. ET | Register Now

    November 13, 2024
    Start the year off strong and set your fundraising efforts up for success. Join us for Donor Communications 2025: Create a Strong Plan. You’ll learn how to map out a plan to manage all your communications and campaigns so you can stay on track throughout the year, strengthen ties with key donors, and hit your goals.

ONLINE FORUMS

  • NewsletterPlain-600x500 (1).png

    Today: December 10 at 2 p.m. ET | Register Now

    November 19, 2024
    Join us for the forum, A Perfect Storm? A New Administration, Stubborn Inflation, Fiscal Unease, to learn from Aisha Benson, Nonprofit Finance Fund, and Nonoko Sato, Minnesota Council of Nonprofits, as they explain how to plan for various scenarios, reduce risk amid fiscal uncertainty, and understand how grant making may shift.

Nonprofit News From Elsewhere Online

Robert F. Kennedy Jr., Donald Trump’s nominee to run the Department of Health and Human Services, has lent “his celebrity, and the name of his nonprofit group Children’s Health Defense, to a network of overseas chapters that sow distrust in vaccine safety and spread misinformation far and wide,” according to a New York Times report. Kennedy himself visited Samoa to promote vaccine skepticism a few months before a measles outbreak there that killed 83 people, and a physician adviser with Children’s Health Defense Africa has argued that sex education and contraception programs are conspiracies to suppress Africans’ fertility. An executive with Children’s Health Defense said the adviser’s views do not reflect those of the organization. Kennedy did not respond to a list of questions about the group’s work abroad. (New York Times)

American zoos send millions of dollars in donor funds each year to China, essentially to rent giant pandas, to be used for the species’ conservation. But for decades, China has funneled at least some of the money to seemingly unrelated projects, including computer purchases and building projects, while zoo officials have pushed back on federal regulators’ efforts to police the funds more closely lest they lose a star attraction. Meanwhile, some research has found that development in China has left “pandas isolated in ever-smaller populations.” One former zoo conservationist said the program lacks serious scrutiny, while a former regulator who now heads a zoo industry group said it greatly benefits conservation. (New York Times)

Background from the Chronicle: How the Columbus Zoo Tests the Fitness of Its Fundraising Program

Preparing for the Second Trump Administration

‘A Really Scary Time’: Trump’s Anti-Trans Rhetoric Sparks Race to Update ID Documents (Boston Globe)
With Trump, Clean Energy Projects in Low-Income Communities Could Be ‘Dead in the Water’ (Boston Globe)
Racial Justice Activists Prepare for Trump Budget Cuts and Policy Changes (USA Today)

Background from the Chronicle:

  • 3 Questions to Ask in This Era of Trump and Uncertainty
  • With House Passage of ‘Stop Terror-Financing Bill,’ Charities Fear Being Targeted

More News

  • Schusterman Foundation, Whose Fortune Comes From Oil, Makes First Donation to Climate Group (Jewish Telegraphic Agency). Background from the Chronicle: List of Major Donors Divesting From Fossil Fuels Swells to Nearly 200
  • The Quiet Catalysts: For All Their Vast Donations, the Bigger Aim of Cincinnati’s Fath Family Is to Push Others to Do Their Part (Cincinnati Business Courier)
  • Elon Musk Asks Court to Stop OpenAI From Dropping Nonprofit Status (Business Insider — subscription)
  • Mayo Clinic Expands Charity Care, Writes Off $90 Million In Patient Debts (Minnesota Star Tribune). Background from the Chronicle: Charities That Curb Medical Debt for the Needy Are Growing Fast — and Innovating
  • Nonprofit Charter School Regulators Refuse to Turn Over Records Involving Troubled Minnesota Schools (Minnesota Star Tribune)
  • How Brunch Came to a Backyard Farm in Compton (New York Times)

Note: In the links in this section, we flag articles that only subscribers can access. But because some journalism outlets offer a limited number of free articles, readers may encounter barriers with other articles we highlight in this roundup.

EDITOR'S PICKS

  • East Front of the U.S. Capitol building showing the steps leading to the U.S. House of Representatives chamber.
    Government and Regulation

    With House Passage of ‘Stop Terror-Financing Bill,’ Charities Fear Being Targeted

    By Alex Daniels November 22, 2024
    Despite opposition from a wide range of nonprofits, lawmakers in the U.S. House passed a bill designed to give the Treasury Department unilateral authority to strip the tax-exempt status of nonprofits it claims support terrorism.
  • Internet Archive headquarters in San Francisco, Calif.
    Opinion

    The Internet Archive Is a Cautionary Tale for Growing Nonprofits

    By Keith Porcaro November 20, 2024
    A legal battle involving the organization behind the Wayback Machine shows why a nonprofit’s ambition shouldn’t come at the expense of its users.
  • illustration of suspended workers hanging from strings as giant scissors cut them
    Nonprofit Finances

    Where Did the Funding Go?

    By Jim Rendon November 20, 2024
    With revenues down and costs rising, a growing number of nonprofits are cutting budgets, laying off staff, and even closing their doors.
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