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December 02, 2016

Daily News Roundup: Koch-Backed Nonprofit Shaping Trump Plans for Veterans

Trump Relying on Koch-Tied Group to Overhaul Veterans' Care: The president-elect is relying on Concerned Veterans for America, part of Charles and David Koch's advocacy network, in crafting a plan to overhaul the health system for ex-service members, reports The Washington Post. Some traditional veterans groups have raised concerns that the four-year-old nonprofit supports privatizing veterans' care.

Handful of Billionaire Benefactors Aim to Remake Medical Giving: Super-rich donors like tech mogul Sean Parker and banker Sanford Weill are making huge investments in developing new products to detect and treat disease but doing so in ways that upend deeply rooted research traditions, Bloomberg writes.

Opinion: Trump Can Help Faith Charities by Clarifying Order on Hiring LGBT Workers: In a Wall Street Journal column (subscription), Republican Sen. Orrin Hatch urges the president-elect to strengthen "conscience protections" for religious groups in President Obama's 2014 executive order on hiring protections for LGBT people in federal contracting. Read a Chronicle special report on how the new administration could affect faith groups and other nonprofits.

Dolly Parton Pledges $1,000 a Month to Families Displaced by Tenn. Blazes: The country-music icon established the My People Fund, which will pool online donations and money from her philanthropic and business organizations to assist those left homeless by wildfires devastating parts of her native Tennessee, reports The New York Times.

Newly Notorious White-Nationalist Group Exempt From IRS Filing: Though a registered charity, the National Policy Institute — whose leader recently made headlines by leading a Nazi-style "Hail Trump" salute at a meeting of the group — has not submitted Form 990s since 2013 and is on an Internal Revenue Service list of groups not obligated to file returns, according to The Washington Post.

New Japanese Law Steers Dormant Bank Deposits to Charity: The measure approved Friday by Japan's parliament is expected to funnel some $500 million a year from long-untouched accounts to groups that address social problems, a move that could transform the country's small nonprofit sector, reports The Wall Street Journal (subscription).

Donor Offers $15 Million to Put a Park, Not Parking, at Dallas Site: A foundation headed by former media executive Robert Decherd said it would fully fund the downtown green space, potentially short-circuiting a rival plan tying a park at the site to construction of a bond-financed underground garage, The Dallas Morning News writes.