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December 27, 2016

Daily News Roundup: Trump Plan to Close Foundation Faces N.Y. Roadblock

N.Y. Says Donald Trump Can't Shutter Charity Amid State Inquiry: The New York attorney general's office said the president-elect cannot legally dissolve his controversial foundation while a state investigation of its fundraising activities is ongoing, ABC News reports. Mr. Trump announced Saturday that he would shut down the charity to "avoid even the appearance of any conflict" with his role as president, writes The Washington Post.

In other Trump charity news, an Associated Press investigation of the Eric Trump Foundation found the charity led by the president-elect's son repeatedly did business with or gave to organizations linked to family and board members, and The Washington Post reports that Donald Trump's Mar-a-Lago estate in Florida remains a popular spot for big-ticket charity fundraisers.

Opinion: New Giving Landscape Puts Pressure on United Way: The organization's model of collecting workplace donations and redistributing them to worthy charities may have less value for donors in a world of online giving, highly targeted appeals, and watchdog sites that help people vet nonprofits on their own, New York Times financial columnist Ron Lieber writes.

Big Dialysis Charity Said to Favor Donor Groups in Picking Patients: The $250 million American Kidney Fund, which helps pay insurance premiums for people who need dialysis, has resisted giving aid to patients at clinics that do not donate to the charity, contrary to a federal agreement governing the organization's relationship with dialysis companies, according to The New York Times.

Donor-Advised Funds See Spate of Year-End Giving: Stock-market gains and expectations that the Trump administration and Congress will enact tax proposals that limit the value of donation deductions are fueling a rush of giving to the increasingly popular charitable accounts, writes The Wall Street Journal (subscription). Read a Chronicle article about how donor-advised funds are reshaping philanthropy.

George Michael Quietly Donated Millions During His Life: The British pop star's death over the weekend prompted a flood of reminiscences and revelations about his often-anonymous support for charities serving children, the needy, and AIDS and cancer patients, the New York Daily News writes.

Obama Foundation Faces Daunting Task in Library Fundraising: The Chicago Tribune assesses the fundraising landscape for the planned Barack Obama Presidential Center, for which the president will begin soliciting after he leaves the White House, and the possible impact of Donald Trump's presidency on the donor drive.