Following the Recipe to the Letter Is Essential in Copying Social Programs
Investing the time and money to find out what makes a program effective is critical if it’s to be adapted successfully in other locations.
By Laura Burkhauser and Bradley Seeman
New Website Offers Look at Grant Makers and Anonymous Reviews
The site includes news items, blogs, tips, and detailed and colorful profiles of program officers, technology philanthropists, Wall Street donors, and more.
By SUZANNE PERRY
Contributor
Opinion: Disaster Donors Should Consider ‘Everyday’ Crises
The philanthropic outpouring that follows natural disasters is notably less effective in saving lives than charity aimed at tackling the thousands of preventable deaths that occur daily due to disease and unsafe drinking water, the author of a recent book on giving writes in a Los Angeles Times opinion piece.
17 Foundations Join Forces to Divest Fossil-Fuel Stocks
The funds, worth $2-billion, are urging other funds to invest at least 5 percent of their endowments in clean-energy companies.
By Ben Gose
Senior Editor
Fidelity Charity Fund Disbursed $2.1-Billion in 2013
Fidelity Charitable, the donor-advised fund operated by Boston financial house Fidelity Investments, made grants totaling $2.1-billion on behalf of clients last year, up 29 percent from 2012, writes The Boston Globe.
Kellogg Foundation Adds $40-Million to Detroit Rescue Pot
The W.K. Kellogg Foundation on Tuesday committed $40-million to a philanthropic fund to help resolve Detroit’s bankruptcy, joining nine other national and local foundations in the unprecedented municipal rescue effort, the Detroit Free Press and The Detroit News report.
Opinion: NFL Succeeds in Keeping Nonprofit Status Quiet
A survey last month found that only one in eight Americans is aware that the National Football League is a nonprofit organization, a Bloomberg sports columnist writes.
Foundations Offering to Bail Out Detroit May Regret Their Decision
Despite what they say, the grant makers are setting a precedent for other cities and letting their funds be used as passive pools of money for short-term needs.
By WILLIAM SCHAMBRA
Contributor
Opinion: Billionaires Can Buttress Gates’s Poverty Prediction
Following the prescriptions laid out in the Bill & Melinda Gates Foundation’s 2014 annual letter, and concerted giving by the world’s wealthiest, could help bring to fruition Mr. Gates’s forecast that there will be almost no poor countries left in the world by 2035, a New York Times columnist writes.
Mich. Pledges $350-Million to Detroit Bankruptcy Rescue
The proposed state contribution announced by Gov. Rick Snyder Wednesday would more than double the rescue fund launched by major philanthropies earlier this month, the Detroit Free Press reports.