Obama Foundation Hires New Executive Director for My Brother’s Keeper Alliance
Also, Bank of America has named two leaders of its philanthropic solutions and donor-advised fund strategy, and the Meyer Foundation’s new CEO is a pediatrician.
By M.J. Prest
Senior Editor, Solutions
Legislation Intended to Speed Up Giving Gets a Boost in Congress
Republicans and Democrats in the House introduced a measure that would affect donor-advised funds and foundations. It resembles a proposal in the Senate.
By dan.parks
Contributor
How Brad Pitt’s Green Housing Dream for Hurricane Katrina Survivors Turned Into a Nightmare
His Make It Right Foundation built 109 eye-catching and affordable homes in New Orleans for a community where many people were displaced by damage wrought by Hurricane Katrina in 2005. Now the housing development is in disarray.
Community Funds Urged to Set Annual Distribution Rate
The Council on Foundations, which represents many community funds, said the minimum annual distribution should be the same as for private foundations, at least 5 percent of assets.
By dan.parks
Contributor
JPMorgan Chase Commits $30 Million to Address Wealth Gaps in Six U.S. Cities
Also, the Charles Stewart Mott Foundation awarded $25 million to boost community-health partnerships in Flint, Mich., and the New York Life Foundation has committed $1.2 million to expand childhood-bereavement programs for children whose parents or caregivers have died from Covid-19.
By M.J. Prest
Senior Editor, Solutions
Jewish Federations Bolster Security for Communities and Institutions
An effort called LiveSecure comes amid heightened fears about the vulnerability of Jewish institutions and anti-Semitic incidents.
Billionaire Couple Offers Money to an Unusual Beneficiary: Philanthropic Foundations
A prominent technology billionaire couple today made an unusual pledge: offering money to expand programs foundations have started that are demonstrating early success.
By Alex Daniels
Senior Editor, Foundations
Bridgid Coulter Cheadle Created a Co-Working Space and Developed a Philanthropic Voice Along the Way
Blackbird is a physical and digital co-working space focused on supporting women of color. Coulter Cheadle plans to expand its digital offerings to provide more information and wellness programming and create more locations across the country. Listen to Bridgid Coulter Cheadle and others in a free briefing Thursday on "Black Activism: Giving Time, Voice, and Talent.”
SMU Alumnus Pledges $50 Million for Football Complex
Plus, two California universities received $25 million apiece for a joint effort to speed up the development of new Alzheimer’s treatments.
By Maria Di Mento
Senior Editor
Ibram Kendi’s Center for Antiracist Research Taps Yanique Redwood as Executive Director
Also, GLSEN has named its first nonbinary executive director, and the leaders of Heifer International and Share Our Strength are retiring.
By M.J. Prest
Senior Editor, Solutions