Grants Roundup: UCLA Mattel Children’s Hospital Gets $50 Million for Expansion
Other notable awards include $50 million from Google.org to support tech-based education programs and $3 million from the Walmart Foundation for anti-hunger programs in Texas.
Daily News Roundup: New Gates-Omidyar Project to Harness Satellite Data
The “Radiant Earth” effort will gather and analyze satellite imagery for use in tackling humanitarian and environmental issues. Also, inside looks at how Charity: Water deploys data to boost fundraising and why the head of the Metropolitan Museum of Art was forced out.
The Right Is Disarming in Philanthropy’s War of Ideas
Conservative foundations have been effective in the policy arena, but they are outgunned financially by their liberal peers and are “sunsetting” at a faster rate.
Foundations Find Different Paths to Closing Their Operations
Some put more of their endowment money into mission-related investments; others pour all of their efforts in getting their money out the door.
Foundations Take a Stand — or Don’t — on the GOP Health Plan
Some grant makers that fought for Obamacare have changed focus, but others are digging deep to fight the new proposal.
Daily News Roundup: Health-Law Revamp Could Curb Nonprofit Hospitals’ Community Programs
Obamacare mandates that medical centers address community health needs are up in the air amid the Republican repeal effort. Also, a lawyer for the scandal-racked University of Louisville Foundation says it kept separate books for supplementing campus leaders’ compensation.
Other notable awards include $10 million from the ALSAM Foundation to the University of Arizona’s pharmacy school and $2.2 million from the Charles Koch Foundation for criminal-justice research at Penn.
How Philanthropy Can Help Community Development Survive Trump
Nonprofits and social enterprises are building local engines of economic opportunity that can be expanded when the political winds change — if grant makers act now to support them.
Daily News Roundup: Top Fla. Lawmaker Targets University Foundations
Spending on salaries and travel by Florida campuses’ fundraising affiliates comes in for legislative scrutiny. Plus, public-broadcasting leaders face a fight for continued federal funding, and a hedge-fund veteran brings high-velocity trading to his family philanthropy.
Opinion: Ford’s Darren Walker Sets Back Push on Inequality by Joining Pepsi Board
It’s a conflict of interest for a foundation leader to serve as a trustee of a company that many of the organization’s grantees oppose.
Grants Roundup: William Penn Foundation Donates $15 Million for Park Project
Other notable awards include $10 million from the Bob & Renee Parsons Foundation and $1.1 million from Got Your 6 and Macy’s for programs that help veterans.
Increasingly stocked with well-paid, well-educated leaders and staffs, the nonprofit world risks disconnecting with middle- and working-class Americans.
A Foundation Executive’s Life Lessons
Raised in poverty, Rodney Christopher now makes decisions on granting and investing millions. He says much of the philanthropic world places little value on his life experience.
Is the Philanthropic Elite a Scourge of Democracy or Its Guarantor?
Foundations won’t survive the Trump era if they act like they have all the answers, the Hudson Institute’s William Schambra writes, but Amir Pasic of the Lilly School says philanthropy’s support of varied institutions and communities promotes pluralism and checks autocracy.
Most large grant makers give about 5 percent of assets annually, according to a Chronicle analysis. Critics say they should do better. Plus, see our interactive guide to giving rates at the nation’s biggest foundations.
How Big Foundations Stay Big: An Interactive Guide to Giving Rates
By law, private foundations must distribute at least 5 percent of their assets each year. This analysis of nearly 30 of the biggest foundations shows few choose to exceed that amount.