Can a Grant-Making Competition Stop Rich Donors From Getting Cold Feet?
In 2019, Lever for Change spun off from the MacArthur Foundation as a separate organization with an eye-popping goal: to drive $1 billion in philanthropic funding over four years to promising nonprofits.
By Alex Daniels
Senior Editor, Foundations
Journalists of Color Worry a $500 Million Effort to Boost Local News Outlets Will Leave Them Behind
Several organizations are urging the Press Forward Initiative, a group of 20 funders led by the Knight and MacArthur foundations, to commit more explicitly to supporting diverse news outlets.
By David Bauder
AP Media Writer
Ballmer Group Commits $175 Million to StriveTogether for Youth Economic-Mobility Programs
Also, Blue Meridian Partners awarded $124 million to the HBCU Transformation Project, and Virginia Tech received $50 million to bolster health-sciences research.
By M.J. Prest
Senior Editor, Solutions
A Short History of the Fast and Furious Rise of DAFs
After a meteoric rise, donor-advised funds like Fidelity Charitable and Schwab Charitable now rank among the most powerful forces in philanthropy.
By Drew Lindsay
Senior Editor, Special Projects
The House GOP Wants to Probe Nonprofits. Both Left and Right Have Pushed Back
The Ways and Means Committee is looking into whether the nonprofit tax code is rife with abuse, allowing nonprofits to be key players in political races, rather than serving charitable causes.
By Alex Daniels
Senior Editor, Foundations
Latino Charitable Giving Rates Drop Sharply — but That’s Not the Full Story
Donations to established nonprofits are sliding, but Hispanic households give to people in need at high rates.
By Kay Dervishi
Contributor
Clinton Global Initiative Will Launch Network to Provide New Humanitarian Aid to Ukrainians
Pope Francis urged all people to do their part to address the world’s problems, especially climate change and the care of children. Other programs announced at the gathering will address gender equality, economic inclusion, and public health.
By Glenn Gamboa
AP Business Writer
How to Turn $75,000 Into $25 Million for Nonprofits
The Invest in Our Future fund will award $180 million to help organizations and communities win money from the Infrastructure and Inflation Reduction acts.
By Jim Rendon
Executive Editor
It’s Halftime for the Sustainable Development Goals. Are They Achievable?
Danish author Bjorn Lomborg argues the United Nations promised too much — and recommends 12 priorities.
By Eden Stiffman
Senior Editor
Plus, financier Oscar Tang and art historian Agnes Hsu-Tang gave $40 million to New York Philharmonic, MacKenzie Scott gave $15 million for U.S. computer-science students from underserved backgrounds, and retired Colorado Rockies first baseman Todd Helton gave $5 million for medical-debt forgiveness.
By Maria Di Mento
Senior Editor