Latest Philanthropic foundations News

Soros boosts private university’s funding for global move

Nov. 15, 2019 5:29 PM EST

VIENNA (AP) — Philanthropist George Soros says the private university he founded will receive a major funding boost and link up with other progressive institutions around the world. Speaking Friday in Vienna, the Hungarian-American billionaire said his charitable foundation would commit 750 million euros...

Atlanta Falcons owner to donate $6.8M for international aid

Nov. 14, 2019 12:18 AM EST

ATLANTA (AP) — The billionaire owner of the Atlanta Falcons is making his first major drive into international philanthropy. The Arthur M. Blank Family Foundation is expected to announce Thursday that it’s donating $6.8 million to the aid group CARE. The money will fund efforts to avert humanitarian...

Leader of food security nonprofits to head World Food Prize

Nov. 12, 2019 11:35 AM EST

DES MOINES, Iowa (AP) — The foundation that awards the World Food Prize to individuals who work to improve food security in hopes of ending world hunger announced Tuesday that its new president will be a woman who has led nonprofit organizations focused on global food security, food safety and the impact...

Classroom on Chesapeake Bay island is closing its doors

Nov. 10, 2019 9:01 AM EST

FOX ISLAND, Va. (AP) — In the hallway of a weatherworn lodge that has stood on stilts in the Chesapeake Bay for more than 90 years, a negotiation is underway. Who will take the maps? The arrowheads? The turtle skeletons adorned with wigs and leis? How much student art, accumulated over more than 40 years...

Correction: Bondi-Conflicts story

Nov. 9, 2019 4:03 PM EST

WASHINGTON (AP) — In a story Nov. 8 about Pam Bondi, a former Florida attorney general, stepping down from a lobbying firm as she prepares to defend President Donald Trump in an impeachment investigation, The Associated Press reported erroneously that Bondi lobbied for a Kuwaiti company with a U.S. defense...

Judge fines Trump $2 million for misusing charity foundation

Nov. 8, 2019 11:23 AM EST

NEW YORK (AP) — A judge Thursday ordered President Donald Trump to pay $2 million to an array of charities as a fine for misusing his own charitable foundation to further his political and business interests. New York state Judge Saliann Scarpulla imposed the penalty after the president admitted to a...

The Latest: Trump says calls foundation case "harassment"

Nov. 7, 2019 7:55 PM EST

NEW YORK (AP) — The Latest on a civil lawsuit over President Donald Trump's charitable foundation (all times local): 7:50 p.m. President Donald Trump says a civil settlement over abuses at his charitable foundation was the result of years of "politically motivated harassment." A judge Thursday ordered...

A judge in New York orders President Donald Trump to pay $2 million for misusing his charitable foundation

Nov. 7, 2019 1:41 PM EST
NEW YORK (AP) — A judge in New York orders President Donald Trump to pay $2 million for misusing his charitable foundation.

Acclaimed novelist Ernest Gaines dies at 86

Nov. 5, 2019 6:12 PM EST

NEW ORLEANS (AP) — Novelist Ernest J. Gaines, whose poor childhood on a small Louisiana plantation germinated stories of black struggles that grew into universal tales of grace and beauty, has died. He was 86. The Baton Rouge Area Foundation, which sponsors a literary award in Gaines' honor, confirmed he...

Salt Lake Tribune gets IRS approval to convert to nonprofit

Nov. 4, 2019 6:39 PM EST

SALT LAKE CITY (AP) — The Salt Lake Tribune hopes its new status as a nonprofit will ensure its long-term viability in an industry in crisis — and other newspapers suffering amid the same declines in advertising and circulation revenues are expected to be watching closely. The newspaper will be...