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Foundation Giving

Carbon to Sea Initiative Receives $50 Million to Use the Ocean to Remove Atmospheric Carbon

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June 14, 2023 | Read Time: 4 minutes

Here are notable new grant awards compiled by the Chronicle:

Additional Ventures and Other Grant Makers

$50 million to create the Carbon to Sea Initiative, a scientific research program to use ocean alkalinity enhancement to capture and remove carbon dioxide from the atmosphere.

The Astera Institute, the Grantham Environmental Trust, Ocean Visions, and other funders have contributed to the $50 million total.


Anschutz Foundation

$50 million to the University of Colorado Anschutz Medical Campus to create the Anschutz Acceleration Initiative, which will enhance patient care and develop new medical treatments and therapies for a variety of diseases.

Bush Foundation

$50 million to Nexus Community Partners to establish the Open Road Fund, which will make grants to the descendants of enslaved Black people who now reside in Minnesota, North Dakota, and South Dakota. The fund expects to make at least 800 grants of $50,000 each for efforts in wealth building, housing, education, financial well-being, healing, and economic justice.

Eligible Black residents over the age of 14 can apply for grants starting on the Juneteenth holiday, which commemorates the end of slavery in the United States, on June 19. The fund will prioritize formerly incarcerated people, single parents, senior citizens, people with disabilities, and those who identify as LGBTQ+.


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Howard and Paula Trienens Fund

$25 million to Northwestern University to back research, education, and programs in climate, energy, and community resilience through the newly renamed Paula M. Trienens Institute for Sustainability and Energy.

Paula Trienens, who died in 2010, graduated from the university in 1947. She was a longtime donor to several conservation and nature organizations, including the Peggy Notebaert Nature Museum, Field Museum, and Glencoe Garden Club.

Decolonizing Wealth Project

$20 million over five years for a campaign to help advance reparations for Black people in America.

This year, the program will award $3 million in grants through its #CaseforReparationsFund to leaders of local, regional, and national efforts to give monetary support to the descendants of enslaved Black people in the United States. Boston University’s Center for Antiracist Research will house an information-resource hub for the campaign.

Read more about the movement for reparations in the Chronicle.


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Kaiser Permanente

$10 million partial challenge grant to Denver Health to expand access to primary and specialty health care services for residents of Denver, regardless of patients’ ability to pay.

Of the total, $5 million came as an outright grant, and $5 million will match donations to the health care organization.

Damon Runyon Cancer Research Foundation

$9 million over eight years to St. Jude Children’s Research Hospital to establish a new fellowship for 25 early-career researchers who are studying pediatric cancer.

Andy Warhol Foundation for the Visual Arts

$7.5 million over five years to Creative Capital to continue its grant making to artists and programs to protect freedom of expression.


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Lilly Endowment

$5 million partial challenge grant over three years to Purdue University’s Military Family Research Institute to back its work with military families and veterans. Of the total, $3.5 million was given outright, and $1.5 million will match gifts from other donors.

The Lilly Endowment is a financial supporter of the Chronicle.

Jack Kent Cooke Foundation

$1.7 million to nine organizations that are working to create pathways to college for high-achieving students from low-income families.

The grantees are Delaware College Scholars, Emerge, Heights Philadelphia, High Jump, Leadership Enterprise for a Diverse America, Matriculate, National Education Equity Lab, the Ingenuity Project, and Thrive Scholars.


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Deloitte Health Equity Institute

$1 million over two years to the Trevor Project to enhance its chat- and text-based crisis counseling for LGBTQ youths. The grant will also pay to recruit and train more staff and volunteer counselors.

New Grant Opportunity

The Global Good Fund is accepting applications for its 2024 fellowship program, which offers cash grants and leadership training for social entrepreneurs around the world. The program awards a $10,000 grant to each recipient for leadership development as well as professional executive coaching, resources, training, and networking opportunities to expand their organization’s reach. Applicants should have led their organizations for at least two years in the areas of economic mobility, education, environment, financial inclusion, or health. Applications are due June 30.

Send grant announcements to grants.editor@philanthropy.com.

Chronicle of Philanthropy subscribers also have full access to GrantStation’s searchable database of grant opportunities. For more information, visit our grants page.

We welcome your thoughts and questions about this article. Please email the editors or submit a letter for publication.

About the Author

Senior Editor, Solutions

M.J. Prest is senior editor for solutions at the Chronicle of Philanthropy, where she highlights how nonprofit leaders navigate and overcome major challenges. She has covered stories on big gifts, grant making, and executive moves for the Chronicle since 2004. Her work has also appeared in the Washington Post, Slate.com, and the Huffington Post, and she wrote the young-adult novel Immersion. M.J. graduated from Williams College and after living in many different places, she settled in New England with her husband, two kids, and two rescue dogs.