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December 09, 2016

Daily News Roundup: Dumpster-Diving Samaritans Face Charges in Pa.

Central Pa. Men Arrested While Scouring Dumpsters for Food to Donate: Brothers-in-law Tony Moyer and Sam Troyer, who regularly scavenge from commercial trash containers for uneaten food to give to the homeless, face a December 22 court date on trespassing and other charges, The Washington Post writes, citing reporting by PennLive.

Facebook Stock Deal to Aid Zuckerberg Philanthropy Involved Collusion, Suit Claims: A lawsuit filed by company investors alleges that tech mogul and Facebook board member Marc Andreessen colluded with CEO Mark Zuckerberg to win board approval of a stock reclassification that will allow Mr. Zuckerberg to keep control of Facebook after selling most of his shares to fund philanthropic ventures, Bloomberg writes.

Fla. Drops Workplace Fundraising Drive After Dismal Haul: State employees gave only $282,092 in the fall campaign, which routinely raised millions for Florida charities in recent years, the Tallahassee Democrat reports. State officials suspended the 36-year-old program and scrapped a contract with the private company that manages the drive after it refused to lower fees amounting to more than half of donations.

Anonymous Gift Provides Funds to End Fort Worth Symphony Strike: The $700,000 donation will help the orchestra close a budget gap and avert proposed pay cuts that fueled a three-month walkout by musicians, writes The New York Times. Players ratified a new four-year contract with no salary reductions.

Howard Buffett Leaving Coke Board to Focus on Philanthropy: The son of investor and philanthropist Warren Buffett will give up his seat on the Coca-Cola Company board in April to spend more time on his Howard G. Buffett Foundation, which works on sustainable agriculture and conflict resolution, according to Bloomberg. Read a Chronicle interview with Howard Buffett.

Oil-Industry Veteran Goes Green and Targets Fossil-Fuel Stocks: Louis Allstadt, a retired ExxonMobil executive and Cooperstown, N.Y., trustee, spearheaded a call for the small town to drop its pension-fund holdings in oil, gas, and coal companies, The New York Times reports. Cooperstown became the first U.S. community to join the burgeoning fossil-fuel-divestiture movement.

$25 Million Gift Backs Denver Art Museum Renovation: The institution's North Building will be renamed for donors J. Landis Martin, the museum's board chairman, and his wife, Sharon, after the $150 million project is completed in 2021, reports The Denver Post.