Uncertain Economy — and the Nation’s Debt Debate — Snag Nonprofit Finances
Spending cuts the federal government is considering come at a time when the uncertain economy is making fundraising tough, leading one prominent nonprofit expert to reach a breaking point.
By Sara Herschander
Contributor
IBM and Google Commit $150 Million for Quantum Computing
Plus, the University of Kentucky has received $100 million for its College of Agriculture, Food, and Environment, and Yosemite National Park will use a $17 million grant to restore its most popular trails and make other improvements.
By M.J. Prest
Senior Editor, Solutions
Foundations say the summer of protests following his murder changed them forever. But for many racial-justice nonprofits, the free-flowing supply of grants proved to be short-lived.
By Alex Daniels, Marc Gunther and Sono Motoyama
Grant Makers Join Together to Learn About — and Fund — Racial Justice
New pooled funds seek grants from foundations or individuals, aggregate the money, and give it away. The efforts aim to drive fundamental change by building Black nonprofits’ public-policy muscle.
By Marc Gunther
Contributor
A Nonprofit Helps Students Learn Through Ukulele and Song
Students learn literacy, math, and other subjects through music that’s educational and fun.
By Sara Herschander
Contributor
Immunologist Timothy Springer Gives $210 Million to Institute for Protein Innovation
Plus, Va. homebuilders Dwight and Martha Schar gave $75 million for cardiovascular care, the Ms. Foundation for Women landed a $50 million bequest, and KKR co-founder Henry Kravis gave $40 million to back cancer immunobiology research.
By Maria Di Mento
Senior Editor
Alvin Herring Will Depart Next Spring as Executive Director of Faith in Action
Also, the Dallas Foundation has appointed an interim CEO, and Jack Anderson, who helped shape the reach and mission of the Joyce Foundation, has died.
By M.J. Prest
Senior Editor, Solutions
Texas Woman’s U. Receives $15 Million to Recruit and Train More Women Airline Pilots
Also, the bank First Horizon has committed $50 million to make grants to nonprofit groups in the southeastern United States, and the InnerScience Research Fund will give up to $10 million to study how meditation may limit the progression of serious illnesses.
By M.J. Prest
Senior Editor, Solutions
LGBTQ+ Nonprofits Get Less Than 1 Percent of All Charitable Giving, Report Finds
They bring in less revenue and have fewer assets and expenses, but giving to those groups is growing.
By Emily Haynes
Senior Editor, Nonprofit Intelligence
Aviation-Law Expert John Hoyns Gives Colgate University $20 Million
Plus, a lumber heir left a large bequest to two Bangor, Me., hospitals, and Los Angeles philanthropist Wallis Annenberg is giving $10 million to a Beverly Hills performing-arts center she helped to launch 10 years ago.
By Maria Di Mento
Senior Editor