Study Looks Into Foundation Interests in Funding Nonprofit News
More than half of philanthropies that financially support nonprofit journalism outlets specify funding for coverage of topics on which they also seek to influence public policy, according to a new American Press Institute report, nonprofit news service Current writes.
Grants Roundup: $250 Million From Sean Parker for Cancer Immunotherapy Research
Other major grants include $25 million from the Robertson Foundation to expand Success Academy, a New York charter school network.
By Rebecca Koenig
Contributor
Catholic U. Reaps $47 Million in Gifts for Academic Programs
The pledges from six donors, including the Busch Family Foundation and the Charles Koch Foundation, support Catholic’s business school and other campus programs, The Washington Post writes.
A Simple and Direct Way for Foundations to Tackle Inequality: Promote Worker Co-Ops
Employee-owned businesses could quickly provide wealth to the poor and middle class — especially people of color.
By Phillip Henderson
Contributor
Baltimore Activist Among Winners of Goldman Green Prize
Destiny Watford, a college student who mobilized grass-roots efforts to block construction of a trash incinerator in her South Baltimore neighborhood, was named Monday as one of six 2016 winners of the Goldman Environmental Prize, The Washington Post writes.
Arts Group Gets $20 Million From Ford Foundation and Other Donors
Ford provided $10 million of the new funding to create an operating endowment for United States Artists, a nonprofit that makes unrestricted grants to support accomplished artists in a range of disciplines, reports The New York Times.
Gifts Roundup: $15 Million to Tufts and $10 Million for Johns Hopkins
A co-founder of the women’s sportswear company Liz Claiborne gave $10 million to the Chazen Institute of International Business at Columbia Business School.
By Maria Di Mento
Senior Editor
Co-Founder of Foundation Fighting Blindness Stepping Down as Chair
David Brint will take over as chairman of the Board of Directors of the Foundation Fighting Blindness in July, succeeding Gordon Gund, the co-founder of the nonprofit and current chairman, according to a news release.
Grants Roundup: MacArthur Gives $25 Million More for Justice Reform
Other notable awards include $5 million from the Knight Foundation for winning projects in its Knight Cities Challenge grant contest.
By Rebecca Koenig
Contributor
Opinion: Why the Young Rich Shun ‘Family Philanthropy’
Young people are turned off by giving that is self-serving and want to tackle global challenges, writes a Forbes columnist.
Despite New Ways of Giving, Grant Makers Say No Big Shift Is Afoot
Philanthropy is awash with new approaches to promoting change, but attendees at a gathering of grant makers questioned whether any of them are game-changers.
By Alex Daniels and Rebecca Koenig
Philanthropy Can Fend Off Attacks on Endowments by Giving at the Grass-Roots
The public — and Congress — are getting tired of elite donors devising solutions to help society with little input from local causes.
By WILLIAM SCHAMBRA
Contributor
‘Panama Papers’ Law Firm Used Red Cross Name to Hide Origin of Funds
The law firm at the center of an international offshore-accounts scandal used the names of charities, such as the Red Cross, to conceal the origin of millions of dollars in questionable accounts, according to the Associated Press. There is no indication that the charities knew the firm was using their names.
List of Donald Trump’s Donations Does Not Include His Own Money, Says Report
From a list of 4,844 contributions provided by the presidential front-runner’s campaign, covering 2009 through 2014, none came from his personal wealth, according to The Washington Post.
Skoll Foundation Announces 2016 Award Recipients
The Skoll Foundation announced Monday the six recipients of the 2016 Skoll Awards for Social Entrepreneurship.
Gates Foundation’s Influence Has Profoundly Changed Seattle
The convergence of large health-care companies, research institutes, and other nonprofits and businesses associated with the Gates Foundation are changing the face of the city, The New York Times reports.