The controversial giving movement fueled the rise of the ex-cryptocurrency mogul, writes acclaimed author Michael Lewis in “Going Infinite.”
BuildUS Commits $50 Million to Create an Equitable, Cleaner Economy
Also, the Lilly Endowment awarded $95 million to strengthen Christian preaching across a range of denominations, and Korean Air gave $25 million to name the aviation gallery in the Samuel Oschin Air and Space Center.
Foundation Salaries Aren’t Keeping Up With Rising Prices
A new survey also finds a persistent gender pay gap, high turnover, and slow efforts to improve diversity.
It Started With Friends Helping a Friend. Now a Group Helps Thousands
The Challenged Athletes Foundation provides grants to people with physical disabilities, helping pay for adaptive sports equipment, providing training, and assisting with sports competition expenses.
What Happened to Big — and Local — Corporate Giving?
Companies are giving away a smaller share of profits than they used to. Where does that leave the nonprofits in their backyards?
Big Donors Give Bigger: Charity Dependence on the Wealthy Grows, Survey Says
The study says volunteering can spark big gifts, but that the share of wealthy people who volunteer, while on the uptick, is still below pre-pandemic levels.
Financier John Paulson Gives Hebrew U. $27 Million; 5 Other Nonprofits Win Big Gifts
MacKenzie Scott continues her giving spree to affordable-housing groups with a new $20 million donation to a housing organization in Vermont.
Grant Makers Add Students’ Mental Health to Priorities
Sixty-two percent of education grant makers said they were changing how they spend money to help parents and their families cope with stress and other challenges.
A Government Shutdown Is Looming: What Nonprofits Need to Know
In what’s become a bitter cycle, nonprofits across the country are creating contingency plans.
Foundation Source Appoints Joseph Mrak III as Next CEO
Also, the Meyer Memorial Trust has named its first vice president of impact, and Carole Rothman, founder and artistic director of Second Stage, is departing after 45 years.