Grants Roundup: $75-Million Commitment From Microsoft to Expand Youth Computer-Science Education
Other awards include a total of $20 million from the Warren Alpert Foundation to Harvard Medical School to establish a health-care policy professorship, a research fund, and a fund for current needs at the school.
By Eden Stiffman
Senior Editor
Papal Visit Loosens Wallets in Philadelphia
A charity executive closed out one $24-million fundraising effort evoking Pope Francis and is about to wrap up a $1.4-million push to fight hunger and homelessness.
By Megan O’Neil
Contributor
Senate Measure Would Cut Some Planned Parenthood Funds
The Senate is slated to vote Thursday on a bill that would divert $235 million of Planned Parenthood’s federal funding, about half the annual total, to other women’s health organizations in a bid to avert a government shutdown, The Wall Street Journal reports.
L.A. to Spend $100 Million to Stem Homelessness ‘Emergency’
Amid a double-digit spike in the city’s homeless population, Los Angeles leaders said Tuesday they would declare the situation a “state of emergency” and steer $100 million toward tackling the issue, a move supporters said could ease limits on churches and charities providing shelters, the Los Angeles Times writes.
Harvard Endowment Gains 5.8% in New Chief’s First Year
The return for the year ending June 30 beat internal goals and the median for similar funds but is still likely to trail some of Harvard’s rivals among elite institutions, writes The Wall Street Journal.
Pledging Transparency, Coke Reveals Research, Health Grants
Coca-Cola has spent almost $120 million since 2010 to fund academic health studies, medical organizations, and community fitness programs aimed at tackling obesity, The New York Times writes. The soft-drink giant published the grant list on its website Tuesday after CEO Muhtar Kent promised greater openness about the company’s spending on obesity-related programs and research.
L.A. Utility’s Nonprofits Keep $11 Million ‘Rainy Day’ Fund
The Los Angeles controller criticized what he termed “hoarding” by two publicly funded affiliates of the city Department of Water and Power that have been at the center of a two-year political feud over their spending and lack of transparency, writes the Los Angeles Times.
In Case of Federal Shutdown, Many Charities Hope Pain Will Be Short-Term
The spigot wouldn’t be turned off immediately, but nonprofits on tight budgets are on edge.
By Alex Daniels
Contributor
Nonprofit Regains Rights to TB Drug After Huge Price Spike
The Purdue Research Foundation bought back the rights to cycloserine, a medication for multidrug-resistant tuberculosis, following an outcry over a commercial firm’s more than twentyfold increase in the pill’s price, The Wall Street Journal and Bloomberg report.
Charter-Schools Backers Plan Massive L.A. Fundraising Effort
Charter supporters in Los Angeles have drafted a strategy to place half of the city’s 260,000 students in the independently run schools by 2023 and raise nearly half a billion dollars to back the plan by tapping leading philanthropists and foundations, according to the Los Angeles Times.