Founder of Anti-Poverty Charity BRAC Wins World Food Prize
Fazle Hasan Abed, whose Bangladesh-based nonprofit is credited with helping lift more than 150 million people in developing countries out of poverty, has been awarded the $250,000 annual prize honoring work that improves the quality and availability of food, the Associated Press and The Wall Street Journal report.
Newseum Mulled Risky Fiscal Move to Tackle Pressing Debt
Burdened by more than $300 million in debt, the museum devoted to journalism and the First Amendment floated a plan last fall to sell shares in its seven-year-old building in the heart of Washington, D.C., offering investors a large “balloon payment” in 10 to 15 years, writes The Washington Post.
Philanthropy’s Boost to Basic Science
The Alfred P. Sloan foundation aims to spur innovation by restoring America’s pre-eminence in basic research, including how to compile and use big data sets.
By Michael Anft
Contributor
Seeking $1 Billion for Research That Takes Time
The Kavli and Moore foundations have sparked an alliance to support fundamental lab work on projects that may take decades to pay off — or may not succeed at all.
By Michael Anft
Contributor
Why I Give: ‘All These People Were Suffering and Dying’
Stories from displaced people working in his factories inspired Chobani Yogurt founder Hamdi Ulukaya to use new foundation to help refugees around the world.
By Maria Di Mento
Senior Editor
The Face of Philanthropy: Dancers at an Exhibition
The Dana Tai Soon Burgess Dance Company surprises and delights people with performances in unexpected places, including some of Washington’s most prestigious museums.
By Maria Di Mento
Senior Editor
Philanthropy’s Bid to End Slavery in the Modern Age
With 35 million people trapped in forced labor, sex trafficking, and other forms of bondage, the Freedom Fund has an ambitious plan to attack an age-old problem.
By Drew Lindsay
Senior Editor, Special Projects
Recovery in Donations? Not So Fast, “Giving USA” Data Shows
People are giving more, incomes are rising, and foundations are more generous. But there’s another side to all the happy news.
Instead of trimming its performance schedule, the Opera Theatre of Saint Louis survived through lean times by sticking with its 33-year history of commissioning innovative new work.
By Drew Lindsay
Senior Editor, Special Projects
Mergers Turn University Foundations Into Fundraising Juggernauts
Giving an affiliated foundation the lead in raising money, and bolstering its staff with the university advancement team, can result in more freedom and more dollars.
By Drew Lindsay
Senior Editor, Special Projects