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Foundation Giving

Grants Roundup: Bitcoin Research Gets $50 Million Boost From Ripple

ALAMY ALAMY

June 13, 2018 | Read Time: 2 minutes

Here are notable new grant awards compiled by the Chronicle:

Ripple

$50 million to 17 universities in 10 countries, among them Princeton, the Massachusetts Institute of Technology, University College London, and the University of California at Berkeley, for the University Blockchain Research Initiative, which supports academic research and technical development in blockchain, cryptocurrency, and digital payment systems.

Wounded Warrior Project

$45 million over five years to Rush University Medical Center to expand its Road Home Program, which offers free mental-health services to up to 5,000 military veterans and their families.

Berggruen Institute

$25.5 million to Peking University to establish a joint research center on the university’s campus in China. The center will include a new fellowship program for cross-cultural and interdisciplinary studies for American and Chinese scholars.

W.K. Kellogg Foundation

$10 million to BC Vision to create the Battle Creek Small Business Loan Fund, which will provide seed money for entrepreneurs and small businesses in Battle Creek, Mich. The foundation is giving $1 million now and will match local contributions up to a total of $10 million.


Boeing

$6 million to the Thurgood Marshall College Fund to provide scholarships, internships, and programs that encourage students at historically black colleges and universities to pursue careers in aerospace.

Leona M. and Harry B. Helmsley Charitable Trust

$3.3 million to the Crohn’s & Colitis Foundation to support its care program for inflammatory bowel disease.

Vera Bradley Foundation

$2.5 million to the Indiana University School of Medicine to endow its new Center for Breast Cancer Research.

Morgan Stanley Foundation

$1.5 million to food banks in 29 cities for programs that provide healthy meals to children and families.

Episcopal Health Foundation

$1 million to the University of Texas Health Science Center at Houston to improve access to contraception and reproductive-health services for low-income women in Harris County, Tex.


New Grant Opportunity

IBM, in partnership with the Red Cross, the Office of the United Nations High Commissioner for Human Rights Office, and the Linux Foundation, has pledged $30 million over five years through its new Call for Code Global Challenge. Teams developing software that addresses humanitarian crises and social issues surrounding natural disasters are eligible for grants of up to $200,000 each. Applications are due by August 31.

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

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

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.