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Charity roundup – Wealth transfer – WWF ruling

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Here are the latest nonprofit headlines:

*To better tap an estimated $41 trillion in new philanthropy over the next 50 years, nonprofits should build stronger bridges to a new generation of committed and hands-on donors, a Boston College professor says in The Boston Globe.

*A London court ruled that the World Wildlife Fund can use the initials WWF outside of the U.S., and that the World Wrestling Federation must close its web site, the Associated Press reported Feb. 27. 

*British charities will be able to invest in derivatives as part of their investment strategy under new guidelines by a charity commission, The Guardian reported March 6.  A derivative is an option to buy goods or currency to ensure a fixed rate in the future.

*A new Canadian investment fund will focus solely on companies that have a positive social and environmental impact to include in its investment plan, rather than focusing on companies that do not.

*Retired oilman and alumnus John Jackson and his late wife Katie gave a $150 million estate gift, the largest donation to a single-campus public university, to the University of Texas at Austin.  The money will support research for geological sciences and the environment.

*The Roy J. Carver Charitable Trust gave $63 million to the College of Medicine at the University of Iowa to support research in biomedicines.  It is the largest gift given to the university.

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