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Ground News - A Culture of Fear at the Firm That Manages Bill Gates's Fortune


A Culture of Fear at the Firm That Manages Bill Gates’s Fortune
At least four employees at the firm, Cascade Investment, complained to Mr. Gates about Michael Larson, his longtime money manager.
17 hours ago|New York, United States
Business InsiderC
Bill Gates money manager reportedly told a Black employee she lived in the ghetto, made sexual comments about female colleagues, and was accused of exposing himself to a bike-shop manager
Former employees at the Gates money management firm accused Michael Larson of judging female employees on attractiveness, the NYT reports.
14 hours ago|United States ....

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Warning Signs for Fundraisers in Latest Economic Reports


Fundraising Outlook
By Michael Theis
While overall growth remains strong, consumer confidence fell, the stock market was flat, and unemployment remains stuck well above pre-pandemic levels.
Fundraising
By Eden Stiffman
During the crisis, midlevel programs increased online communications significantly. Going forward, fundraisers will need to recalibrate how much emphasis to put on digital, direct mail, and in-person events.
Nonprofit News From Elsewhere
Arts groups have pledged to diversify their staffs and audiences in the past year, but people of color still account for a tiny fraction of board members at major institutions, even in multicultural Southern California. A survey of 10 museums found that Black people held 18, or 5.4 percent, of their combined 334 seats. Three of those institutions had one Black board member, and three had none. Board membership ....

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