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November 18, 2016

Daily News Roundup: LeBron James Gives $2.5 Million for Ali Museum Exhibit

NBA Star LeBron James Ramps Up Giving With Smithsonian Donation: The $2.5 million gift from the LeBron James Family Foundation and Maverick Carter, the basketball player’s business partner, supports a new exhibit on Muhammad Ali at the National Museum of African American History and Culture, USA Today reports in an article that takes a broader look at Mr. James’s burgeoning philanthropy.

Uncertainty Looms Over Student-Debt Break for Service: The Chronicle of Higher Education looks at potential changes to the federal Public Service Loan Forgiveness Program, which offers significant debt reduction for graduates who have spent 10 years working at nonprofits, government bodies, or other service-oriented entities. Borrowers can begin applying for debt relief in October 2017.

Opinion: Local Lessons Must Shape Philanthropy in Trump Era: Rip Rapson, president of the Kresge Foundation, reflects in a Detroit Free Press column about philanthropy’s role in ensuring “that society heals and progresses” in the wake of the turbulent presidential election. See a Chronicle special report on how nonprofits are responding to Donald Trump’s election and agenda.

$10 Million Gift Seeds Philanthropy Studies at U. of Denver: The donation from Laura Barton, who was married to the late Liberty Media Corporation executive Peter Barton, will fund the university’s new Institute for Philanthropy and Social Enterprise, reports The Denver Post. The institute will be named for the Barton family.

Land Donor Opposes Property Deal in Calif. Museum’s Move: Real-estate firm the Irvine Company, which donated an acre to the Orange County Museum of Art in 1995, is objecting to the institution’s proposal to give the parcel to the city of Newport Beach, Calif., for private development as part of its planned move to nearby Costa Mesa, according to the Los Angeles Times.