Philanthropies Planning a Nonprofit Newsroom in Cleveland
The effort will provide coverage of Cleveland and will kick off an effort to help fill a void left by the shrinking of news organizations in Ohio.
The Case for Climate Justice and Community-Led Change
Gloria Walton, CEO of the Solutions Project, also discusses the value of grassroots organizing and advocacy and what it will take to move philanthropy toward transformative grant making.
Education Charities Continue to Receive Largest Share of Donor-Advised Fund Grants
Grants from DAFs accounted for 6.1 percent of all dollars received by charitable organizations in 2018, up from 3.8 percent five years earlier, according to a new report from the Giving USA Foundation.
By Michael Theis
Contributor
Charities and Foundations Spent $352 Million on Disaster Efforts in 2019
Half went to relief and response projects, while preparing for catastrophic events was the second most popular use of nonprofit funds. Still, government spending is far more, accounting for over $29 billion.
By dan.parks
Contributor
Google.org Gives $35 Million to Create Economic Opportunities for Veterans and Women
Also, the Hershey Trust Company has given $350 million to open six new schools for young children from disadvantaged backgrounds, and the Arthur M. Blank Family Foundation has given $10 million to 12 recipients in Georgia and the Southeast through its new democracy program area.
By M.J. Prest
Senior Editor, Solutions
How the McKnight Foundation Is Investing Its $3 Billion Endowment to Fight Climate Change
McKnight is taking a more aggressive stance than other grant makers by pledging to reduce its investments in companies that emit greenhouse gases and moving its assets to those advancing a green economy.
By Alex Daniels
Senior Editor, Foundations
Michael Bloomberg Pledges $120 Million to Curb Drug Overdose Deaths
Today’s pledge more than doubles a $50 million commitment Bloomberg made in 2018, but experts warn billions of dollars are needed from government and philanthropy to fight the crisis.
By Alex Daniels
Senior Editor, Foundations
Donor-Advised Funds Saw Rapid Growth in 2020
The amount donors sent to charities from those funds reached $34.7 billion, a 27-percent increase from 2019.
By Michael Theis
Contributor
A 32-Year-Old Entrepreneur Gives $50 Million to MedStar Georgetown U. Hospital
Plus, the University of Arizona College of Pharmacy also landed a $50 million gift, and five others received eight-figure gifts.
By Maria Di Mento
Senior Editor
Few Foundations Give Groups They Support Decision-Making Power on Funding Priorities
Foundations, which aim to serve the public interest through the money they give away, rarely give these stakeholders decision-making authority — by either letting them help set priorities or giving them a say about where grant money flows, according to a new study.