Jeff Bezos’s $10 Billion Climate Pledge Sparks Praise and Criticism
Hewlett Foundation President Larry Kramer was among those heaping praise on the pledge as a game-changer, while others cited Amazon’s role in contributing to carbon emissions.
By Alex Daniels
Contributor
Brandee McHale Returns From Wells Fargo to Lead Citi Foundation
Also, an Aspen Institute executive will now lead the Cynthia and George Mitchell Foundation, and the longtime president of the Doris Duke Charitable Foundation will depart in December.
By M.J. Prest
Senior Editor, Solutions
How Laurene Powell Jobs’s Emerson Collective Decides Where to Give
The organization often makes multiyear general operating grants that give leaders more flexibility.
Walton Family Foundation Commits $20 Million for Arkansas State Park
Also, Morgan Stanley is giving $20 million to seven mental-health charities that serve young people, and the MacArthur Foundation donated $8.1 million to reduce incarceration in five counties nationwide.
By M.J. Prest
Senior Editor, Solutions
Top Foundations Invest 13.5% of Assets Using Investment Firms Run by Women or Minorities
The Knight Foundation, which commissioned the study and had the highest marks, invested 46 percent of its assets through diverse management firms.
By Alex Daniels
Contributor
Fidelity Charitable Reports $7.3 Billion in Grants From Donor-Advised Funds
The organization reported 40 percent year-over-year growth in grant-making, with Doctors Without Borders USA as the top recipient.
By MICHAEL THEIS
Contributor
Some recent Facebook advertisements paid for by “Mike Bloomberg 2020" asked donors to help him make giving decisions, raising concerns about how a philanthropist running for president can keep charitable gifts and politics separate.
By dan.parks
Contributor
John Hollingworth left 45 percent of his estate to charities in Greenville, S.C., and that has developed a robust set of nonprofits and a model for how grant makers can best help organizations with advice, unrestricted aid, and more.
By Jim Rendon
Executive Editor
‘Forbes 400′ and ‘Giving Pledge’ Billionaires Who Gave Big in 2019
Only 21 people on the Forbes 400 list of the wealthiest Americans appear among this year’s Philanthropy 50 list.
By Maria Di Mento
Senior Editor
Art Classes That Foster Creativity and Expression
ProjectArt offers free after-school classes for kids living in historically underserved neighborhoods across the United States.
By Ariella Phillips
Contributor