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Universal Charitable Deduction Could Become Permanent Under Senate Proposal

NonProfit PRO

The Senate released its updates for "The One Big Beautiful Bill." " Here are some of the changes that would most affect nonprofits.

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Updated: Ford Picks Yale Law School Dean to Succeed Darren Walker

The Chronicle of Philanthropy

Heather Gerken, dean of Yale University Law and former Obama adviser, is expected to focus on social justice, democracy, and equity. By Alex Daniels Heather Gerken, dean of Yale University Law and former Obama adviser, is expected to focus on social justice, democracy, and equity.

Law 201
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Endowments Aren’t Blank Checks — but Universities Can Rely on Them More Heavily in Turbulent Times

The Chronicle of Philanthropy

The law permits most colleges and universities to increase spending from their endowments in light of financial pressures, the author argues. The law permits most colleges and universities to increase spending from their endowments in light of financial pressures, the author argues. By Ellen P.

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U. of South Carolina Students and Faculty to Benefit From $75 Million Windfall

The Chronicle of Philanthropy

By Maria Di Mento University of South Carolina Peter and Bonnie McCausland unveil the newly-renamed McCausland College of Arts and Sciences at the University of South Carolina. Peter and Bonnie McCauslands donation will back paid internships, neuroscience research programs, and faculty fellowships.

Medical 221
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Aviation-Law Expert John Hoyns Gives Colgate University $20 Million

The Chronicle of Philanthropy

DiOrio, Colgate University John Hoyns gave $20 million to support financial aid at Colgate University. By Maria Di Mento Mark D. Plus, a lumber heir left a large bequest to two Bangor, Me.,

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Tobacco-Settlement Lawyer Joe Rice Gives $30 Million for Law School Scholarships

The Chronicle of Philanthropy

The money will fund scholarships and professorships at the University of South Carolina's law school, which will be renamed for the donor. By Maria Di Mento Plus, Caltech got $400 million to back science research at other universities; and Perez Art Museum Miami and the Saint Louis Art Museum received big gifts

Law 285
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U.S. Charitable Giving Fell About $20B in First Year of Tax Law Change

NonProfit PRO

charitable giving fell about $20 billion in 2018 because of a law related to deductions for individual income taxes. A new study found U.S.

Law 258