8/4/2010 Daily Update From the Chronicle of Philanthropy

Eμμανουήλ Χρύσης - Sent from my BlackBerry® smartphone

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From: philanthropy-today@chronicle.com

Date: Wed, 4 Aug 2010 15:28:01 -0400 (EDT)

To: <philanthropy-today@chronicle.com>

Subject: 8/4/2010 Daily Update From the Chronicle of Philanthropy

Philanthropy Today Wednesday August 04, 2010 Subscribe to the Chronicle! Subscribe to this newsletter | Stop receiving this newsletter News From The Chronicle 40 of America's Biggest Fortunes Pledged to Charity Many of the nation's most prominent philanthropists, including New York Mayor Michael Bloomberg, have vowed publicly to award a big share of their assets to charitable causes. See full Chronicle coverage of the Gates-Buffett Giving Pledge. New York Legislature Passes Plan to Limit Charitable Deductions for the Wealthy The New York Senate has joined the Assembly in passing a budget plan that includes a provision to limit the charitable deduction for wealthy residents to 25 percent of the gifts' value. News From Elsewhere Online Jewish Donors Step Up for Boston's Catholic Schools Several Jewish business leaders in the Boston metropolitan area have become major donors and advocates for Catholic education, The Boston Globe writes. Drug Investigation Could Hit Cyclist Armstrong's Cancer Charity Philanthropy experts say damage to the seven-time Tour de France champion Lance Armstrong’s image arising from a federal doping investigation could taint his cancer-fighting charity, according to the Associated Press. President Honors 13 Volunteers With Citizens Medal President Obama on Wednesday is scheduled to honor 13 Americans for their volunteerism, presenting them with the Presidential Citizens Medal, the country’s second-highest civilian award, the Associated Press reports. N.Y. Gives OK to Islamic Center Near Ground Zero New York City authorities on Tuesday gave final approval to an Islamic group’s controversial plan to build a mosque and community center two blocks from Manhattan’s ground zero, The New York Times and Bloomberg report. Rejected BP Solicitation Sheds Light on Post-Spill Advocacy A conservative advocacy group that sought but did not get a $100,000 contribution from BP for a pro-oil-industry media effort in the days after the Gulf of Mexico oil-rig disaster vilified the company in a subsequent campaign, The Washington Post says. Money Crunch Might Close Seattle Shelters A Seattle charity that runs 15 shelters for homeless people says it will have to close 11 of them without an emergency cash infusion from the city, writes The Seattle Times. From The Chronicle's Blogs Billionaires' Giving Pledges Spark Admiration and Speculation Sean Stannard-Stockton, a commentator and columnist for The Chronicle, says much can be gleaned from reading the letters written by America's wealthiest donors to explain their charitable pledges. Advice From the Experts Corporate Giving During Uneasy Times Join us on Tuesday, August 10, at noon U.S. Eastern time to learn how trends in corporate giving are reshaping the environment for nonprofit groups that want business support. Job Alerts Find new listings of jobs every day and get career advice. Did a friend send you this? Go here for your own copy. The Chronicle of Philanthropy connects people who serve the common good with news, advice, ideas and jobs. Its Web site, philanthropy.com, contains a mix of free and for-purchase content designed to help everyone in the nonprofit world. For full access to premium articles and other services, you may purchase a subscription. Manage your account: Retrieve user name | Reset your password | (c) 2010 The Chronicle of Philanthropy 1255 23rd Street NW Washington, DC 20037