Also, the Lilly Endowment will give $30.7 million to enhance Wake Forest University’s Program for Leadership and Character, and Kaiser Permanente pledged $25 million to the Center for Gun Violence Research and Education.
By M.J. Prest
Senior Editor, Solutions
UVA Lands $100 Million From Paul and Diane Manning for New Biotech Institute
Plus, Denny Sanford gave $70 million to a medical research institute, and NYU’s Stern School of Business received $25 million from Ken and Elaine Langone.
By Maria Di Mento
Senior Editor
Fidelity Investments Taps New Head of Social Impact
Also, the Democratizing Philanthropy Project announces its first executive director, and Steve Waldman, the co-founder of Report for America, will now lead the Rebuild Local News Coalition.
By M.J. Prest
Senior Editor, Solutions
Major Funders Call for Increased Support of Black Feminists
The open letter, from the Melinda Gates’a Pivotal Ventures, Rihanna’s Clara Lionel Foundation, and the Ford Foundation and MacArthur foundations is intended to encourage others to support historically underfunded groups.
By Glenn Gamboa
AP Business Writer
What’s Effective Altruism? A Philosopher Explains
Effective altruism has gained traction and mobilized tens of billions of dollars, in part because of its popularity among some extremely wealthy donors.
By Jacob Bauer
Contributor
AmazonSmile’s End Is Alarming, Say Nonprofits That Benefited
Thousands of nonprofit beneficiaries are disappointed and concerned about finding ways to replace the funding.
By Thalia Beaty and Glenn Gamboa
Associated Press
Educational Fundraisers Worry Economy May Keep Them From Meeting Goals, Survey Says
The drop in confidence may be a side effect of fundraiser vacancies and overwork among those who remain on staff at colleges and independent schools.
By Emily Haynes
Senior Editor, Nonprofit Intelligence
PetSmart Charities Commits $100 Million to Expand Access to Veterinary Care
Also, Fidelity Investments is awarding $250 million to efforts to enable students of color to enroll in college, and Wells Fargo pledged $20 million to its Invest Native program for economic development in Indigenous communities.
By M.J. Prest
Senior Editor, Solutions
White House Gun Violence Program With Philanthropies Ends
The Biden administration had used the Community Violence Intervention Collaborative to get funding to 50 small grassroots groups to fight gun violence.
By Thalia Beaty
Associated Press
Nonprofits Enter 2023 With Inflation Cooling and Job Market Still Strong
Organizations are seeking loans and taking other steps to help keep workers, and those who are trying to build or renovate facilities are facing high borrowing costs. Meanwhile, foundation assets have been hit hard, so it might be tougher for nonprofits to obtain grants in the coming year or two.
By Sara Herschander
Contributor