Walter and Elise Haas Fund Commits $24.5 Million to Close Wealth Gaps in the Bay Area
Also, the Charles Stewart Mott Foundation will give up to $15 million over three years to test a new program that will provide direct cash payments to mothers in Flint, Mich., and the Marriott Foundation donated $2.3 million to establish a fellowship program in mental health at Unity Health Care, in Washington.
By M.J. Prest
Senior Editor, Solutions
What Michael Bloomberg’s Plan to Transfer His Company to Charity Could Mean for Philanthropy
The former New York mayor’s plans to give his $12 billion company to Bloomberg Philanthropies could signal a sea change in how mega-donors give.
By Maria Di Mento
Senior Editor
Nonprofits Struggle as Recession Signs Grow More Pronounced
Nonprofits say demand is increasing while donors’ fears about the economy are prompting them to hold back their gifts.
By Sara Herschander
Contributor
Tex. Billionaire George Bishop Gives $100 Million for Scholarships
Plus, New York financier Ron Perelman gave $25 million to Brown University, a Community College got $10 million, and four other universities received multimillion-dollar donations.
By Maria Di Mento
Senior Editor
Boy Scouts of America Can Now Create $2.4 Billion Fund to Pay Sex-Abuse Claims
A bankruptcy expert explains what’s next.
By Marie T. Reilly
Contributor
U.S. Jews and Christians Give Billions to Israel
The money goes mainly to Jewish religious institutions, higher education, hospitals and medical research centers, and Christian causes.
By Jamie Levine Daniel
Contributor
Is Elon Musk on Board With ‘Effective Altruism?
One of world’s most headline-making billionaires has claimed that effective altruism “is a close match for my philosophy.” But his record seems choppy.
By Nicholas G. Evans
Contributor
Plus, the National Women’s History Museum has named its next CEO.
By M.J. Prest
Senior Editor, Solutions
Helping Out: How American Volunteerism Is Changing — and Why
Though American volunteerism has generally declined since the 1950s, there have been bursts of growth to cope with the AIDS crisis and in the aftermath of the 9/11 terrorist attacks.
By Glenn Gamboa
AP Business Writer
Corporate Volunteerism: ‘Not Charity. It’s Good Business.’
Companies are building more ongoing relationships with charities, providing volunteers who become more embedded in the work of the nonprofit.
By Glenn Gamboa
AP Business Writer