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?
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?
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.
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.
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.
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?
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.
The planned sale of a significant portion of the artwork collection of the Berkshire Museum raises questions for both other museums and many nonprofits.
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.
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?
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.
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.
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?
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?
Individuals give more to charity than foundations by a factor of four to one. Yet individuals frequently undertake insufficient due diligence or follow-up. How can a philanthropy advisor help?
Private foundations are powerful vehicles for giving, but these entities are regulated in a range of ways that can be complicated.
Donor-advised funds are growing ever more popular. But a downside is that donors don't have full control of their money, as one couple learned the hard way.
A new charity scandal out of Nebraska reminds us that, with state watchdogs largely asleep when it comes to policing nonprofits, it's up to donors to do their own due diligence.