Walton Family Foundation Loses Fourth Leader Since 2016
Stephanie Cornell will step down as executive director of the $7 billion Walton Family Foundation, the philanthropy Walmart built.
By Alex Daniels
Senior Editor, Foundations
New Trump Order Injects Politics Into Federal Grant Decisions
Each agency will have a political appointee to ensure its grants advance the president’s priorities, and agencies will be free to terminate grants for any reason.
By Alex Daniels
Senior Editor, Foundations
What Is More Urgent Than Today? Why Some Foundations Are Choosing to Wind Down
Among the main reasons philanthropists decide to spend down: the desire to make an immediate impact and fear that future generations won’t adhere to their wishes.
By Alex Daniels
Senior Editor, Foundations
Should Every Foundation Sunset? Weighing the Pros and Cons
Operating in perpetuity and spending down can both be effective strategies. The key is for a foundation to match its spending approach to its purpose.
By Alex Daniels
Senior Editor, Foundations
$2.5 Billion Pledge Makes Women’s Health a Priority in Gates Spend-Down
The new commitment will triple the amount the foundation spends on women’s health innovation and signals its continued interest in the work after the departure of Melinda French Gates.
By Alex Daniels
Senior Editor, Foundations
Nonprofits Press Trump to Keep Politics Out of Church
More than 1,000 organizations have signed a letter asking the Trump administration to keep politics out of houses of worship.
By Alex Daniels
Senior Editor, Foundations
McDowell County, Birthplace of Food Stamps, Faces a Disappearing Safety Net
Many of the West Virginia county’s 17,000 residents rely on federal programs to get by. Trump administration cuts could deepen poverty.
By Alex Daniels
Senior Editor, Foundations
A $200 Million Endowment Focused on Black Americans Is Taking Shape
The Black Freedom Fund has raised $100 million — and plans to double that amount — in a rare effort to build a Black-led endowment.
By Alex Daniels
Senior Editor, Foundations
Tonya Allen, Deepak Bhargava, and John Palfrey are united in their determination to give according to their values.
By Alex Daniels
Senior Editor, Foundations
Damon Hewitt: The Legal Expert
The president of the Lawyers’ Committee for Civil Rights Under Law has won a significant battle against the Trump administration’s bid to extinguish DEI efforts nationwide.
By Alex Daniels
Senior Editor, Foundations