Melinda French Gates Effort Aims to Accelerate Women’s Power and Influence
Pivotal Ventures, Gates’s limited-liability company, has committed up to $20 million to match gifts made by members of three donor networks. Sudnya Shroff (pictured here) says the money doubled her philanthropy’s power.
Carbon to Sea Initiative Receives $50 Million to Use the Ocean to Remove Atmospheric Carbon
Plus, the Anschutz Foundation gave $50 million to the University of Colorado Anschutz Medical Campus to improve patient care, and the Open Road Fund will make $50 million in grants to the Black descendants of enslaved Americans.
Billionaire Arthur Blank got his family involved in setting priorities. Mental health and democracy are also getting attention while grants in arts and early-childhood education will be discontinued.
Kendeda Fund’s $30 Million ‘Living Building’: Inspiration for Nonprofits
Diana Blank’s foundation put up $25 million to build the structure — and another $5 million to tell its story and help others launch similar projects.
Nonprofits Often Live on the Fiscal Brink. The Kendeda Fund Did Something About It.
In a rare move by a grant maker, the Kendeda Fund gave $8 million to 37 groups to boost their cash on hand. <b>Plus:</b> Read about why grantees of Diana Blank’s Kendeda Fund say she put on a “<a href="https://staging.philanthropy.com/article/1-billion-of-trust-based-philanthropy-before-mackenzie-scott-there-was-diana-blank"><b>master class</b></a>” during her 30 years of big giving.
$1 Billion of ‘Trust-Based Philanthropy’: Before MacKenzie Scott, There Was Diana Blank
Why grantees of Diana Blank’s Kendeda Fund say she put on a “master class” during her 30 years of big giving.
Abortion Funds Face Slowdown in Giving a Year After Supreme Court Ruling
Demand for help has outstripped philanthropic giving as more states have restricted abortion rights, says the head of the National Network of Abortion Funds, who talked to the Chronicle about how the group is evolving to meet the needs of the post-Roe era
Plus, Omaha investor Wally Weitz gives $25 million to University of Nebraska Foundation, former Pawsox owner Madeleine Mondor gives Providence College $10 million for nursing, and two other nonprofits landed big gifts.
Groups Working on Reparations for Black Americans Get Boost From New Philanthropic Funding
The Decolonizing Wealth Project, which works to create racial equity through education and “radical reparative giving,” is committing $20 million to boost campaigns for reparations across the country, along with a research collaboration with Boston University to map reparation projects.
Enterprise Community Partners Taps Former Housing Secretary as CEO
Also, the Apollo has appointed its first new CEO in 20 years, and Common Future has tapped three co-CEOs to succeed Rodney Foxworth.