Categories
News The Power of Giving

New Bill Would Make Investigating Charity Fraud More Difficult

A bill introduced to the House of Representatives and awaiting a vote would make “dark money” untraceable, which poses some risks to charity fraud investigations. “Dark money” refers to anonymous donations to nonprofits, usually politically active groups, that allow wealthy people to donate money without attracting attention to themselves. It’s become a huge issue in […]

Categories
News The Power of Giving

Marie-Josée Kravis and Henry R. Kravis Establish New Scholarships for Students

The Stern Undergraduate College at New York University has announced that it will use a generous donation of $1.8 million from the Marie-Josée and Henry R. Kravis Foundation to create a new scholarship. The funds will support high-achieving, low-income students entering Stern for the fall 2016 semester. Students given the scholarship will be known as […]

Categories
News The Power of Giving

Governor Christie Vetoes Bill to Tax For-Profit Functions in Non-Profit Hospitals

Non-profit hospitals in New Jersey have been scrambling to “defend” themselves against the state government, after Morristown Medical Center as found to be operating for-profit in most of it’s center, and thus was subject to property taxes. Eventually, the two parties settled for $15.5 million, but a lot of other hospitals are worried that they’ll […]

Categories
Donation News The Power of Giving

Prep for Prep

The Prep for Prep organization works to develop leadership skills and educational opportunities for students of color in New York City. It was started in 1978 by South Bronx teacher Gary Simons and has grown since then to support 225 students a year. Fifth, sixth, and seventh graders who scored in the top ten percent […]

Categories
News The Power of Giving

David Bowie’s Dedication to the Fight Against AIDS

(Image by Ritu Manoj Jethani / Shutterstock.com) Among his many other talents and accomplishments, musician David Bowie was also a dedicated servant of the fight against AIDS. Together with his wife, model Iman Abdulmajid, Bowie helped raise AIDS awareness around the globe as well as tackle the problems of famine in Africa. His history of philanthropic […]

Categories
News The Power of Giving

Harvard University Earned $6 Billion in Donations and Pledges

Harvard University has officially raised more than $6 billion in gifts, pledges, and donations through its Capital Campaign, according to members of the college’s Faculty of Arts and Sciences. The university is two years into its public fundraising phase, and it now appears to be forging ahead robustly. The campaign’s goal is to raise $6.5 […]

Categories
Donation News The Power of Giving

The Right Gifts for the Homeless

If you live in or near a big city, chances are you’re fairly accustomed to seeing homeless people. With colder weather already settled in and the holidays coming up, now would be a good time to spend some time putting together care packages for the homeless people in your area who could really use your […]

Categories
News The Power of Giving

Michael Jordan Donates Lawsuit Settlement to Charity

Basketball legend Michael Jordan—whom you probably know best from the iconic 1996 film Space Jam—is handing over the $8.9 million he was awarded in a recent settlement to local nonprofits that help Chicago area children. Jordan plans to donate the money next summer. Jordan was awarded the money in a successful lawsuit against grocery chains […]

Categories
News The Power of Giving

How to Get Your Kids to Volunteer

Raising children with the expectation that they will give back to their communities is important, and not just because you want to give them things to put on their resumes or eventual college applications. Teaching children the value of volunteer work teaches them to value what they have, to appreciate their own lives and find […]

Categories
Donation News The Power of Giving

Millennials Prefer Volunteering to Donation

Millennials, those people who are now between the ages of 18 and 34, tend to get a bad wrap. They are often accused of not working hard enough, or expecting too much out of the opportunities they do have. Some older folk seem to think that all millennials are self-important children, who think they’re important […]