Inside 3 ‘Big Bets’ for Social Change
New reports suggests philanthropists are eager to spend millions on social change — if they can find the right charity.
By Drew Lindsay
Senior Editor, Special Projects
Charities That Have Scored Multiple Multimillion-Dollar ‘Big Bets’
The United Way, Stanford University, Teach for America, United Jewish Appeal, and Harlem Children’s Zone are among the top recipients.
By Drew Lindsay
Senior Editor, Special Projects
Giving to Food Causes Is Increasingly Popular — and More Complicated
Agriculture, food distribution, nutrition, hunger, and obesity are all interconnected issues, making it hard for donors to know how to get the most bang from a contribution.
By Eden Stiffman
Senior Editor
Grants Roundup: Family Fund Awards $11 Million for Veterinary Medicine
Other awards are going the U.S. Air Force Academy Endowment and to services for immigrant, refugee, and asylum populations.
By Eden Stiffman
Senior Editor
Groups Commit $100 Million to Program for Minority Women
A group of foundations focused on gender equity pledged the money to a five-year White House effort aimed at improving economic opportunities for women and girls of color, the Christian Science Monitor writes.
Family Foundations Boosting Clout in Detroit Region
Led by a handful of philanthropies set to significantly increase giving following the deaths of their wealthy founders, family-run funds are upping their impact in the southeastern Michigan, The Detroit News writes.
Wealthy Donors Seldom Turn to Professionals for Giving Advice
Well-to-do donors turn to advisers to help with administrative work, such as IRS regulations, but they usually go it alone or ask peers or community foundations when it comes to giving, The New York Times writes, citing a new survey by Foundation Source.
Survey Finds Seven-Figure Donations on Upswing in Britain
Donors made a record number of gifts in excess of £1 million ($1.52 million) to British charities last year, and contribution amounts rose significantly, Forbes writes, citing the latest edition of the annual Coutts Million Pound Donor report.
Atlantic Philanthropies Gives $177 Million to Study Dementia
The grant maker is spending down the fortune of its founder. Monday’s gift will go to the University of California at San Francisco and Trinity College in Dublin, Ireland.
By Alex Daniels
Contributor
Foundation Donors Are More Likely to Seek Advice From Peers Than From Advisers
But nearly a third said they would consult a professional for suggestions on how to groom the next generation of wealthy donors, a study found.
By Heather Joslyn
Contributor
Gifts Roundup: Movie Mogul Gives $100 Million to UCLA
Other notable donations include $20 million from financier David Rubenstein to the Institute for Advanced Studies and $20 million for Ochsner Health System from the owners of the New Orleans Saints.
By Maria Di Mento
Senior Editor
Foundations Stepping in to Help Cash-Strapped Cities
Facing budget cuts and shrinking tax bases, a growing number of cities are turning to private giving to pay for infrastructure, public safety, and other functions traditionally covered by taxpayers, Bloomberg writes.
U. of Texas Cancer Center Gets $30-Million Research Gift
The pledge from metals magnate Andy Sabin, announced Monday by the University of Texas M.D. Anderson Cancer Center, will finance research fellowships at the Houston institution.
White House Gathering Tackles Issues Facing Females of Color
The Obama administration, which has taken heat for the gender-specific focus of its My Brother’s Keeper effort for minority males, is hosting a summit Friday focused on expanding opportunity for girls and women of color, Time reports.
New Report and Tools Paint Picture of Disaster-Philanthropy Landscape
Largest 1,000 foundations in the United States made $116.9 million in disaster-related grants in 2013.
By Megan O’Neil
Contributor
Opinion: Gates Giving Increasingly Includes Corporations
A Bill & Melinda Gates Foundation critic raises questions about the philanthropy’s relationships with major multinational corporations, which often include direct donations to the companies, in an essay for left-wing journal Jacobin.