Local Initiatives Support Corporation Names First Woman President
Also, the John R. Oishei Foundation has appointed its first woman president, and Anne Wallestad will step down as president and CEO of BoardSource in June.
Nonprofits That Serve Asian Americans and Native Americans Say Foundations Overlook Them
Two new reports by the Center for Effective Philanthropy suggest foundation support for nonprofits helping people of color generally increased amid the pandemic, but that response was stronger for nonprofits that aid Black and Latino people.
Food Banks See More Volunteers, but Uncertainty Looms
The numbers still fall short compared with the number of people who gave their time before the pandemic.
MacKenzie Scott Is Criticized for Not Providing Details in Latest Round of Gifts
Philanthropy experts expressed concern about the lack of transparency by Scott but said they appreciated signs that she is open to sharing more information about her philanthropy’s results in the future.
Airbnb’s Nonprofit Makes Resettling Refugees a Core Mission
Airbnb’s philanthropic program, which works to provide emergency temporary housing to the needy, is seen as a model for those working to resettle refugees and a core mission of Airbnb.org, the company’s nonprofit program, which marks its first anniversary Tuesday.
Ralph C. Wilson Jr. Foundation Commits $200 Million for Nonprofit Arts Scene in Detroit and Buffalo
Also, Trinity Church Wall Street gave $20.1 million to charities that aid vulnerable communities in New York City.
As Foundation Assets Grow Fast, Some Grant Makers Are Giving Much More
Investments made by foundations with assets greater than $500 million saw a return of 13.1 percent this year through November, prompting debates in many boardrooms about the wisdom of sending more money out the door now.
Chan Zuckerberg to Invest up to $3.4 Billion in Science Advances
The company that runs the philanthropy of Facebook CEO Mark Zuckerberg and his wife, Priscilla Chan, is investing up to $3.4 billion to advance human health over 10 to 15 years, according to a spokesperson for the organization.
Bezos Earth Fund Announces Recipients of Nearly $450 Million
The grants will go to nonprofits that work on climate justice here in the United States and organizations around the world that support forest conservation by local and Indigenous communities.
DonorsChoose Taps a Crowdfunding Pioneer to Take Over for Its Departing Founder
Alix Guerrier, head of GlobalGiving, will lead the organization. Together the two crowdfunding groups have channeled nearly $2 billion to schools and international projects.