Open Society Offers New Grants to Spur Charity Collaboration
Teams of charities in eight cities are competing for grants to improve opportunities for the poor and minorities.
Caution Is the Watchword as Big Foundations Keep a Rein on Giving Despite Growing Assets
Even though the stock market is producing great gains, many foundation leaders, such as the Kresge Foundation’s Rip Rapson, are still cautious with their grant making, a Chronicle study finds.
Kresge Seeks to Do More Without Spending More
The foundation is investing in advocacy, giving low-interest loans to nonprofits, and offering funds from its endowment as backing for grantees to secure credit.
Foundation Pushes Technology’s Ability to Transform Government
The John S. and James Knight Foundation is putting $9-million into programs designed to spread “civic technology” and other efforts to get citizens more involved in solving problems.
Teach for America Announces Unorthodox New Leadership Plan
Wendy Kopp, the charity’s founder, is stepping aside to chair the group’s board and let two executives, who work in different cities, share the top job.
A Charity Founder Seeks to Improve Education Abroad
Wendy Kopp is stepping down as head of Teach for America but will continue leading a group that promotes educational opportunities in countries outside the United States.
Nonprofits Look for Breakthrough Ideas From New Sources
Some philanthropies are creating revolving funds with the idea that if one new business succeeds, the profits can go to nurture other innovations.
Funds Nurture Entrepreneurs With Far-Out Ideas to Benefit Society
The bad economy has prompted some foundations and donors to finance businesses in communities with a weak record for start-ups and to give a hand to businesses traditional investors won’t touch.
Knight Commits Nearly $10-Million More to Community News Efforts
The foundation will soon have spent more than $33-million to fill voids in local journalism and has already attracted nearly $59-million in matching grants.
Not All Charities Win in $4.5-Billion BP Settlement
Environmental groups that work on the Gulf Coast won’t get much direct aid, but the settlement is a victory for advocacy groups seeking big spending to restore the region damaged by the Macondo oil spill.