Charity Navigator Acquires Giving Platform to Reach Young Donors

Plus, boomer leaders should learn to share their power (opinion), and the Clinton Global Initiative will return to New York With Jose Andres, Matt Damon, and more ADVERTISEMENT [Philanthropy Today Logo]( You can also [read this newsletter on the web](. Or, if you no longer want to receive this newsletter, [unsubscribe](. GIVING [Part Stock Fund, Part Donor-Advised Fund: A Bid for Young Donors]( By Drew Lindsay [STORY IMAGE]( Acquisition by ratings giant Charity Navigator promotes giving to causes, not individual nonprofits. ADVERTISEMENT OPINION [Boomer Leaders Should Learn to Share Their Power — Like I Did]( By Raymond A. Jetson [STORY IMAGE]( The long-time head of a Louisiana social enterprise wasn’t ready to retire but had a plan that was better for him and the organization: to co-lead with a rising-star millennial. PHILANTHROPIC EVENT [Clinton Global Initiative Will Return to N.Y. With José Andrés, Orlando Bloom, and Matt Damon]( By Glenn Gamboa, AP Business Writer [STORY IMAGE]( The conference will seek commitments to address climate change, health care, gender-based violence, the war in Ukraine, and more. Webinar [Top Ways to Thank Donors and Inspire Loyalty]( [STORY IMAGE]( Before the critical year-end giving season begins, join us on Thursday, September 28, at 2 p.m. Eastern to learn how to freshen your donor communications and donor recognition efforts. We’ll share insights from the latest research in donor psychology and offer practical advice on how to apply the findings. Get inspired by real-world examples of creative and fun ways nonprofits thank their donors. Plus, our expert guests will offer guidance on how to build a culture of gratitude at your organization. [Sign up today.]( SPONSOR CONTENT | The California Endowment [Bringing Systematic Change to California]( Nonprofit News From Elsewhere Online Two years after billionaire Jeff Bezos awarded $100 million to Van Jones, the CNN commentator has left his nonprofit, according to people knowledgeable about the nonprofit. Jones exited the Board of Directors of Dream.org after clashing with the nonprofit’s leadership over its direction, according to people “with ties to the organization.” In addition, some former employees said one of the organization’s subsidiaries, Green for All, has failed to make much of a three-year, $10 million grant from Bezos, which was not renewed. “Quite a few people have questions about the fiscal stewardship that Dream.org has had,” said CeCe Grant, a former executive at the nonprofit, who also called Jones a visionary. A spokesman for Dream said its financials remain strong and that its successes include getting 11,318 signatures to petition for more equity and justice in the Inflation Reduction Act. ([Daily Beast]( In late 2020, the University of Pennsylvania gave its soon-to-depart president a $3.7 million home loan at a token interest rate, followed by a nearly $23 million payout the next year. After 18 years, Amy Gutmann left the presidency as one of the highest-paid administrators in the country. Most of her payout was deferred compensation plus returns on its investment over her long tenure. The loan, at 0.38 percent interest, was to ease Gutmann’s post-presidency transition, according to the chairman of Penn’s Board of Trustees. Critics of the loan arrangement, which other universities have also used, note that it serves no retention purposes when offered to a departing executive and that the university could have gotten a better return on the money elsewhere. “Why is it at the end of their term, the trustees feel the need to reward them further by giving them these loans as they step down?” said one scholar who studies university president compensation. Gutmann, who is on unpaid leave from the university, is now ambassador to Germany. As part of the appointment disclosure process, she said she “will ‘refinance the loan with a different lender, pay market rate to the university for the remaining period of my government service, or pay off the loan’ if the university extends her leave past the initial two years.” ([Philadelphia Inquirer]( More News - Media Heavyweights Form New Research Group to Support Free Press ([Axios]( - San Francisco Archdiocese Files for Bankruptcy Amid Child-Abuse Lawsuits ([Washington Post]( - Morale Has Hit Rock Bottom at Open Society Foundations Amid Reorganization, Staff Say ([Devex]( - From MLK to Today, the March on Washington Highlights the Evolution of Activism by Black Churches ([Associated Press]( - The Last Remaining Parishioner of an “Extinct” Northwood, N.H., Church Is Suing So She Can Give the Church’s Property Away ([Boston Globe]( - Ohio Governor Names Director of Foundation That Will Pool State’s Opioid Settlement Money ([Cleveland.com]( Nonprofit Innovation - In Divided America, One Rural Area in Northern N.Y. Struggles to Find Common Ground ([NPR]( - Ukrainian Nonprofit Helps Thousands of Amputees Injured in the War Get Artificial Limbs ([PBS]( - How a Mass. Nonprofit Helps Ready Students of Color for Top Colleges ([WBUR]( - Marvin Hayes Is Spreading ‘Compost Fever’ in Baltimore’s Neighborhoods. He Thinks It Might Save the City ([Inside Climate News]( - Gun Violence Prevention on the Basketball Court ([YES! Magazine]( Opinion - This is How the Smithsonian Will Reckon With Our Dark Inheritance ([Washington Post]( - Foreign Aid Isn’t Charity ([Wall Street Journal]( — subscription) SUBSCRIBE TO THE CHRONICLE Enjoying the newsletter? [Subscribe today]( for unlimited access to nonprofit news and analysis. EDITOR'S PICKS CLIMATE CHANGE [Behind Landmark Climate Ruling in Mont., a Trailblazing Nonprofit Law Firm and an Army of Youth Activists]( By Eden Stiffman [STORY IMAGE]( By putting the stories of young people front and center, the small public-interest law firm has been a “leading light” in the climate litigation field. BIG DONORS [MacKenzie Scott Has Given 24 Nonprofits $146 Million in the First Half of 2023]( By Maria Di Mento [STORY IMAGE]( Nearly half went to early-childhood education and development, but she also gave to strengthen maternal health, combat infant mortality, create affordable housing, and more. OPINION | WHAT WE'VE LEARNED [How a Donor’s Embrace of a Neglected Idea Allowed This Nonprofit to Thrive]( By Monica Aleman and Ndana Bofu-Tawamba [STORY IMAGE]( In an unusual move, the Ford Foundation helped a grantee build an investment portfolio. Two results: better fundraising and a $20 million MacKenzie Scott donation. OPINION [Want to Solve Polarization? Encourage More People to Volunteer]( By Eboo Patel [STORY IMAGE]( I’ve seen firsthand how volunteering can bridge deep political divides, says the author, who praises a new bipartisan report prescribing “Civic CPR” to bring the nation together. WOMEN'S HEALTH [A Nonprofit’s Expensive Road to Inexpensive Birth Control]( By Sono Motoyama [STORY IMAGE]( Medicines360 developed a low-cost hormonal IUD but encountered challenges from the tax code, FDA regulations, and Medicare and Medicaid programs. It also spent $82 million. ADVERTISEMENT RECOMMENDED WEBINAR [Join our next webinar]( — Are you sending out templated thank-you letters to donors? If so, you’re missing out on an opportunity to connect more deeply with your supporters. Savvy fundraisers take the time to customize communications that speak directly to a donor’s heart and inspire loyalty. How can you thank donors in ways that energize connection to your cause and further commitment to your organization? Join us September 28 at 2 p.m. Eastern to learn the latest research in philanthropic psychology and learn how you can easily apply it to thank-you letters and campaigns to increase donor retention. We’ll share real-world examples and proven tips that work, no matter the size of your budget. Plus, you’ll learn about creative, fun ways nonprofits are showing gratitude that will likely spark your own ideas for fostering love for your organization. [Register now.]( JOB OPPORTUNITIES [Apply today](http://). [Director of Development]( Washington Hebrew Congregation [Vice Chancellor for Advancement]( The University of North Carolina at Pembroke [Corporate Partnerships Officer]( Promises2Kids [Senior Director of Annual Giving]( The University of Akron [Search other jobs.]( [Chronicle of Philanthropy Logo]( This newsletter was sent to {EMAIL}. [Read this newsletter on the web](. 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