Audacious Project Commits $60 Million to Repurpose Drugs for Rare Diseases
October 23, 2024 | Read Time: 3 minutes
Here are notable new grant awards compiled by the Chronicle:
Audacious Project
$60 million over five years to Every Cure, a nonprofit biotech organization that uses machine learning for drug discovery and develops new ways to use generic and off-patent drugs as treatments for rare diseases, then distributing them to patients in need around the world.
Walter Scott Family Foundation
$50 million matching grant to Colorado State University toward construction costs of the Don and Susie Law Engineering Future Technologies Building.
Walter Scott Jr. graduated from the university in 1953 with a bachelor’s degree in civil engineering, and went on to become the billionaire CEO of Kiewit Corporation. He died in 2021.
Stuart Foundation
$30 million commitment to back the California Thriving Youth Initiative, which will strengthen the education, leadership, and well-being of adolescents in California.
The grant will support its Purpose of Education Fund and the Youth Thriving Through Learning Fund, which will be managed by the California Community Foundation.
Press Forward
$20 million to 205 local media outlets to bolster news coverage in communities that are often overlooked.
The majority of grantees each received $100,000 in general operating support.
Overdeck Family Foundation
$16.5 million across 69 recipients to expand the reach of cost-effective programs that improve academic and socioemotional outcomes for all children.
The largest grant of $3.25 million over three years went to Saga Education for its tutoring programs in middle- and high-school math.
Humana Foundation
$15.2 million to nonprofit groups that work to increase community connections and access to healthy food for seniors and school-aged children in Florida, Kentucky, Louisiana, and Texas.
Google.org
$15 million commitment to the Partnership for Public Service and InnovateUS to offer skills training in artificial intelligence to U.S. government workers at the federal, state, and local level.
Arnall Community Funds
$8.9 million to nine nonprofits in the Oklahoma City metropolitan area that support animal welfare, incarcerated people, and children in the foster-care system.
The largest grant of $3.2 million went to Nexus Equine for operations and to expand its programs for small animals.
Hilton Global Foundation
$5.3 million commitment to 16 nonprofit organizations that are working to combat poverty, offer opportunities in career development, and protect the environment around the world.
ECMC Foundation, Frederick A. Deluca Foundation, the Kresge Foundation, Axim Collaborative, Lumina Foundation, and Carnegie Corporation of New York
$2.9 million to the University Innovation Alliance to expand its work to improve student success on 17 university campuses.
William and Flora Hewlett Foundation
$2 million to JustFund for general operating support of this funding platform that connects grant makers to organizations that are advancing social and racial justice.
The Hewlett Foundation is a financial supporter of the Chronicle.
PepsiCo
$2 million pledge to the Smithsonian Institution to support the planning, design, and construction of the National Museum of the American Latino.
Verizon Foundation
$2 million for recovery efforts following Hurricanes Helene and Milton.
Of the total, $1 million went to the American Red Cross. Another $600,000 went to local organizations in Georgia and North Carolina, and $400,000 was allocated for relief groups in Florida.
Fund for Our Economic Future, the Cleveland Foundation, and the George Gund Foundation
$1 million to establish Power Up Local, a new nonprofit to advance sustainable economic development in clean energy in northeast Ohio.
New Grant Opportunity
The Citi Foundation is accepting applications for grants through its Community Finance Innovation Fund, which will support nonprofit community development financial institutions that advance financial inclusion and close racial wealth gaps in low-income communities across the United States. The foundation will make a total of $25 million in grants in this second round to strengthen human capital and talent development, financial products and services, or technology and operational upgrades. Proposals are due November 5.
Chronicle of Philanthropy subscribers also have full access to GrantStation’s searchable database of grant opportunities. For more information, visit our grants page.