Grants Roundup: Google.org Commits $50 Million to Nonprofits Expanding Job Opportunities
Also, the KeyBank Foundation is giving $24 million for job creation and training, and the Grainger Family Descendants Fund is contributing $11 million to build a ship for Duke University to be used for research.
By Rebecca Koenig
Contributor
Philanthropy’s Neglect of the Suburban Poor Hurts Us All
It isn’t the cities where poverty is growing but outside them, yet nonprofits and donors aren’t doing nearly enough. Cuts in the safety net could make things even worse.
By Scott Allard
Contributor
Opinion: Grant Makers Can Promote Diversity by Focusing on Who’s Managing Endowment Assets
Foundations are taking many steps to promote inclusiveness, but too often they forget one area that matters: making sure the people who invest their assets aren’t just white men. Here’s how one foundation is changing the equation.
By MARY MCCLYMONT
Contributor
Women Still Face a Glass Ceiling at Foundations, Study Shows
They make up three-fourths of the work force in philanthropy, but they are underrepresented in the top jobs, according to a new Council on Foundations report.
By Alex Daniels
Contributor
Giving by Small and Midsize Foundations Grew in 2016
The size of grants from foundations that hold less than $50 million in assets increased by 3 percent from 2015 to 2016, according to Foundation Source.
By Rebecca Koenig
Contributor
Daily News Roundup: Chinese Man Makes Mysterious $18 Billion Donation
A man contributed a large share of a giant Chinese company to a new foundation based in New York, prompting scrutiny. Also, Google committed $50 million to efforts to prepare workers for the new economy.
NoVo Creates $20 Million Social-Justice Fund to Fight Trump-Inspired Threats
Jennifer and Peter Buffett’s NoVo fund will put a priority on projects led by women and coalitions that bring together people from different countries.
By Rebecca Koenig
Contributor
Strategic or Responsive Grant Making? Foundations Should Strike a Balance
Grant makers can maximize their impact by focusing most of their spending on a few key objectives, but there’s nothing wrong with setting aside some money to support local ideas and institutions.
By PAUL JELLINEK
Contributor
Daily News Roundup: Trump Speech Angers Boy Scout Parents and Alumni
The president gave a partisan speech to a gathering of thousands of Boy Scouts. Also, new research suggests fundraising appeals should be tailored to reflect how donors view themselves.
Nonprofit Coalition Takes a New Tack in the Trump Era
Dan Cardinali has spent his first year as head of Independent Sector finding ways to promote a populist tax idea and taking a more expansive approach to getting charities and foundations to work together.
By Rebecca Koenig
Contributor
Foundations Are Deepening Racism Even as They Seek to Fight It
By failing to show all the ways that African-Americans are outpacing whites, foundations are making it impossible to find new solutions that will make the country stronger.
By TRABIAN SHORTERS
Contributor
Daily News Roundup: House Approves $145 Million Each to Arts and Humanities Endowments
Also, a Brooklyn hospital gets $25 million from a family foundation established by Jeff Bezos’s mother and stepfather, and Howard Buffett donates $3 million to expand a children’s museum.
Daily News Roundup: NYC Plan for Arts Groups Links Funding to Diversity
Mayor Bill de Blasio says arts nonprofits’ progress on staff and board equity will be a factor in City Hall grant decisions. Also, big donors to the San Antonio Symphony form a nonprofit to take over operation of the financially struggling orchestra.
Grants Roundup: Hilton Launches New Phase of Foster-Care Support
Also, Fifth Third Bank and its foundation give $10 million to a collaborative effort aimed at advancing cancer research.
By Rebecca Koenig
Contributor
Trump Era Requires Surge of Grant Making to Aid Democracy
Just 1.5 percent of grants go to efforts to improve how elections work and other key issues; increasing that to 4 percent could curb gridlock and partisanship.
By MARK ROSENMAN and Gary D. Bass
Donor-Advised Funds Drive Jump in Community Foundations’ International Giving, Study Says
Fueled by international gifts from donor-advised-fund accounts, community grant makers have more than doubled overseas outlays in recent years, a new study found.
By Alex Daniels
Contributor