When CEOs Are Not in the Room During Board Votes on Their Pay, Their Salaries Suffer
The study by three finance scholars found that compensation drops 2 to 3 percent, and the CEOs spent 2 percent more time working.
A Former Obama Policy Adviser Will Lead Alliance for Justice
Also, the Deaconess Foundation has named a health-equity advocate as its next CEO, and the Warner Music Group/Blavatnik Family Foundation Social Justice Fund has picked its first executive director.
By M.J. Prest
Senior Editor, Solutions
Private donations will cover revenue losses the city faces from a 38 percent property tax cut enacted in 2017. The goal is to keep the city competitive when fighting for jobs and talent with Southwest Michigan’s many other localities.
By Drew Lindsay
Senior Editor, Special Projects
Melinda French Gates and MacKenzie Scott Join Forces to Support Women’s Causes
The $48 million announced today, some of which is coming from the Schusterman Family Philanthropies, will go to nonprofits that advance women’s equality in innovative ways. Scott and French Gates are joining together as part of a push to encourage more billionaires and wealthy grant makers to increase their support for women’s causes.
By Alex Daniels
Senior Editor, Foundations
Also, the Knight Foundation is seeking proposals for research to stop the spread of disinformation online.
By M.J. Prest
Senior Editor, Solutions
MacArthur Issues $80 Million in Grants From Its Bond Offering
The MacArthur Foundation has now committed nearly all of the $125 million it raised in a bond offering last summer.
By Alex Daniels
Senior Editor, Foundations
Share of Households Donating to Charity Drops to Lowest Level in Nearly 20 Years
Donations to charitable causes are reaching record highs, but they’re being driven by a shrinking slice of the population.
Philanthropy’s New Activism in Public Safety
After George Floyd’s murder by police a year ago, foundations, corporations, and individuals donated billions of dollars to nonprofits in support of racial-justice and equity efforts. But the increase in funding comes at a time when homicide rates are on the rise so grant makers may come under pressure to change course — especially from politicians in regions with strong support for the police.
By Alex Daniels
Senior Editor, Foundations
UCLA Students Take On the Role of Grant Makers
Students enrolled in Philanthropy as Civic Engagement spend 10 weeks researching local nonprofits, visiting with charity executives, and discussing how to make the greatest impact through giving. After 10 weeks, they vote on how to award $80,000 to Los Angeles nonprofits.
By Emily Haynes
Senior Editor, Nonprofit Intelligence
Nonprofit-Provided Bicycles Help Poor People Access Jobs, Schools, and Health Care
World Bicycle Relief works in rural areas of developing countries where people get around mostly on foot. Women and girls spend much of their day walking to collect water, firewood, and other necessities, and walking to school can take hours.
By Emily Haynes
Senior Editor, Nonprofit Intelligence