Mark Malloch-Brown Tapped as President of Open Society Foundations
Also, the Obama Foundation’s leader is departing to work in President-elect Joe Biden’s administration, and the newly established WHO Foundation announces its first CEO.
By M.J. Prest
Senior Editor, Solutions
A Newly Hot Approach on Loans Seeks to Close the Racial Wealth Gap
Philanthropists and companies are pouring money and fresh ideas into community-development financial institutions.
By Marc Gunther
Contributor
To Keep People Giving in the Pandemic, Trust in Nonprofits Is Essential
The surge in donations during the Covid crisis is a sign that donors have faith in charitable organizations, but unless we keep showing why we’re worth trusting, that won’t continue, says Barron Segar, head of the USA affiliate of World Food Program, which on Thursday receives the Nobel Peace Prize.
By Barron Segar
Contributor
Racial Justice Is the Top Priority for Education Grant Makers
Thirty-nine percent say it should be a primary focus of education philanthropy over the next one to three years, according to a survey of grant makers by Grantmakers for Education.
By Michael Theis
Contributor
7 Numbers to Explain the State of Giving Today
A tumultuous year frames what promises to be one of the most challenging year-end fundraising seasons in recent memory. With the pandemic still disrupting our daily lives, high rates of joblessness, the echoes of a divisive election cycle, and newfound urgency driving national discourse on racial…
By Michael Theis
Contributor
Chan Zuckerberg Initiative Gives $32 Million for Biomedical Imaging Research
Also, Raytheon Technologies has pledged $25 million for diversity, equity, and inclusion, and the Anne and Brutus Kenan Fund gave $21.5 to provide services for children and adults with neurological disorders.
By M.J. Prest
Senior Editor, Solutions
New Food Bank Supporters Were More Likely to Donate on GivingTuesday
New donors gave at more than four times the rate of donors on the regular email file.
By Eden Stiffman
Senior Editor
Foundations Report Progress on Racial Justice — but Some Groups See More Support Than Others
The highest percentage of foundations had undertaken new efforts for groups that serve Blacks, the lowest to groups that serve Native Americans.
By Michael Theis
Contributor
Hewlett Commits $50 Million to New Effort to Rethink How Capitalism Should Work
The William and Flora Hewlett Foundation said today it will spend $50 million over the next five years to help generate a new way of thinking about capitalism and the economy.
By Alex Daniels
Senior Editor, Foundations
$42 Million Gift to Improve Health Care in Cleveland
Plus, basketball legend Michael Jordan gives $2 million to Feeding America, and NASA’s Lucy McFadden gives Hampshire College $2 million.
By Maria Di Mento
Senior Editor