Dispute Over an Underwater Endowment Shines a Light on University Gift Fees

Dispute Over an Underwater Endowment Shines a Light on University Gift Fees

A donor’s family is asking a university to honor a restricted endowment gift after learning about an annual fee for development costs. We dig into these common but sometimes opaque fees, and explore how donors can avoid similar surprises.

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Are There Lessons for Donors in the Story of Steve Bannon and We Build the Wall?

Are There Lessons for Donors in the Story of Steve Bannon and We Build the Wall?

Steve Bannon and others have been charged with defrauding donors as part of a campaign to support the construction of a border wall. It’s an atypical story, but one that offers some important reminders for typical donors.

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“A Complete Nightmare.” What a Vexed Naming Gift Says About Higher Ed Mega-Giving

“A Complete Nightmare.” What a Vexed Naming Gift Says About Higher Ed Mega-Giving

After the University of Pennsylvania announced it would change the name of its law school following a $125 million gift, students and alumni revolted. We dig into a controversy that encapsulates some of higher ed fundraising’s most timely storylines.

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How New IRS Rules Make it Harder to Navigate the World of Appraisals and Tax Deductions

How New IRS Rules Make it Harder to Navigate the World of Appraisals and Tax Deductions

Gifts of art and other non-cash contributions play pivotal roles in the building of collections for museums, archives and libraries. But a new and higher bar for appraisals has made such donations more complicated.

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Slowly Moving Forward: An Update on the Lawsuit Against the Trump Foundation

Slowly Moving Forward: An Update on the Lawsuit Against the Trump Foundation

Nothing of substance has yet been decided in the New York Attorney General’s lawsuit against the Trump Foundation. But make no mistake: the suit is still moving forward, albeit slowly.

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Two Donors Want to Revoke Their Mega-Gift. Is It a Sign of Things to Come?

Two Donors Want to Revoke Their Mega-Gift. Is It a Sign of Things to Come?

Three years ago, the Pearson brothers gave $100 million to the University of Chicago. Now they want their money back. As higher ed donors exert more influence, will we be seeing more of this in the future?

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Crossing the Line? A Closer Look at the Alleged Related-Party Transactions of the Trump Foundation

Crossing the Line? A Closer Look at the Alleged Related-Party Transactions of the Trump Foundation

Among the claims of the New York AG’s suit against the Trump Foundation is that it engaged in transactions with related parties which are prohibited by private foundations. How strong are these charges?

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Dangerous Grey Zones: The Trump Foundation's Political Activities

Dangerous Grey Zones: The Trump Foundation's Political Activities

It’s pretty clear that Trump used his foundation to benefit his political campaign as president. What can other donors learn from these charges against the foundation?

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Sloppy Bookkeeping: More Ways the Trump Foundation Ran Afoul of Nonprofit Law

Sloppy Bookkeeping: More Ways the Trump Foundation Ran Afoul of Nonprofit Law

Part the New York AG’s suit against the Trump Foundation focuses on its flawed internal policies. The suit spotlights potential trouble spots that all private foundations should be aware of.

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Fine Print: Trump Foundation Suit Shines a Light on Compliance Issues That Are Often Overlooked

Fine Print: Trump Foundation Suit Shines a Light on Compliance Issues That Are Often Overlooked

Many people with private foundations operate them too informally. A review of some of the charges leveled against the Trump Foundation by New York State highlights problems that can arise from a lackadaisical approach.

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Private Foundations and the Law: The Trump Case as a Learning Moment

Private Foundations and the Law: The Trump Case as a Learning Moment

The State of New York’s unusual action against a private foundation will likely serve as a wake-up call to many families and individuals who make use of these charitable vehicles but don’t know all the rules that surround them.

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Dept. of Bad Ideas: Why Charitable Schemes to Offset the New Tax Law Won't Work

Dept. of Bad Ideas: Why Charitable Schemes to Offset the New Tax Law Won't Work

States are looking to create charitable organizations that residents can donate to in lieu of paying state and local taxes. Here's why these schemes are doomed to fail.

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When Can Museums Sell Their Works of Art? Lessons From the Berkshires

When Can Museums Sell Their Works of Art? Lessons From the Berkshires

The planned sale of a significant portion of the artwork collection of the Berkshire Museum raises questions for both other museums and many nonprofits. 

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How Much Can Donors Really Know About a University's Finances?

How Much Can Donors Really Know About a University's Finances?

Deep murkiness surrounds the fundraising and finances of higher ed institutions, especially those that raise money through supporting foundations. The result? Donor due diligence can be impossible. 

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Written in Stone? Not Quite. Another Interesting Naming Rights Story

Written in Stone? Not Quite. Another Interesting Naming Rights Story

Donors may be gone, but they can't be forgotten. We look at a case at Brown University in which a building is renamed in favor of a new and wealthier donor. Does this pass the smell test? 

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What Is Philanthropy? And Are These Stars Engaged In It?

What Is Philanthropy? And Are These Stars Engaged In It?

Is the measure of a philanthropist only what he or she donates to charity from their own personal assets? We look at that question amid claims that many celebrities don't give in a meaningful way. 

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A Reasonable Game Plan? About That Tom Brady Charity Story

A Reasonable Game Plan? About That Tom Brady Charity Story

There's no big scandal here, as some media reports might imply. But fundraising arrangements involving Tom Brady and a nonprofit he's backed for years raise some good questions.

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Blowback: When Big Donors Turn Out to Be Shady Characters

Blowback: When Big Donors Turn Out to Be Shady Characters

A crazy case involving a wealthy family and a Massachusetts college raises a sticky question: When charities want to distance themselves from the tarnished reputations of donors, what are their options?

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Can a Charity Spend Donated Money Any Way it Wants?

Can a Charity Spend Donated Money Any Way it Wants?

When we donate to an organization, it's implied that our gift will be used to advance its mission. Is it legal when nonprofits divert donated funds to other purposes? 

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So You Want to Monitor Your Donation?

So You Want to Monitor Your Donation?

As more big and complicated gifts flow to nonprofits, donors want more assurance that their intent is being honored. We look at a key case that shaped what rights donors have in this regard. 

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