Grants: CVS Foundation Gives $2.1 Million for Health Clinics
Other awards include $14.8-million from Atlantic Philanthropies for a nonprofit consumer-advocacy organization.
By Eden Stiffman
Senior Editor
Foundation Support for Black Men and Boys Grows Sharply, Study Says
Giving more than doubled from 2010 to 2012, with most grants going to education, social services, and public-affairs causes.
By Eden Stiffman
Senior Editor
4 Nonprofits Receive $1.25 Million Skoll Awards
This year’s winners of the Skoll Foundation’s Award for Social Entrepreneurship include Blue Ventures, which tackles marine conservation in innovative ways.
By Rebecca Koenig
Contributor
Walton Family to Boost Giving Via Sale of Walmart Stock
The family behind Walmart is putting 6 percent of its shares in the retail behemoth into a newly formed trust for possible sale, in part to finance greater philanthropic activity, Reuters reports.
Foundations Fall Short in Giving Grantees Advice on Evaluations, Says Report
Nearly two-thirds of nonprofits surveyed say they get no guidance about what would be meaningful about the data they collect.
By Alex Daniels
Senior Editor, Foundations
Community Funds Push for New Payday-Lending Rules
The group has asked the Consumer Financial Protection Bureau to impose limits to curb predatory lending.
By SUZANNE PERRY
Contributor
Bloomberg Adds $30 Million to Sierra Club Anti-Coal Campaign
Bloomberg Philanthropies’ second major gift in four years to the Sierra Club’s “Beyond Coal” campaign ups the ante in former New York Mayor Michael Bloomberg’s support for reducing U.S. reliance on energy from coal, Reuters reports.
Nonprofit News Outlets Remain Dependent on Grant Makers, Study Says
Years after they start, the publications continue to struggle to pay for themselves, according to the John S. and James L. Knight Foundation.
By Alex Daniels
Contributor
How Can Donors Advance Education—and the ‘Common Core’?
Controversy about the new approach should not deter grant makers from seizing a once-in-a-generation opportunity.
By Amy Rodde
Contributor
Bloomberg Fund Adds $30 Million to Program for Arts Groups
Expanding its invitational Arts Innovation and Management program, Bloomberg Philanthropies will spend $30 million over two years to provide operating support and management training to small and midsize cultural organizations in Boston, Chicago, Dallas, Detroit, Los Angeles, and San Francisco, Jewish Business News writes.
New $1 Million Prize Rewards Colleges for Economic Diversity
The Jack Kent Cooke Foundation established the $1 million annual prize to recognize institutions of higher learning for success in enrolling and graduating low-income, high-achieving students and gave the inaugural award Tuesday to Vassar College, writes The New York Times.
It Wasn’t Hatred of Markets That Doomed the Council on Foundations Competition
The controversy about grant-making contests is not a revolt against commercialism but a valid concern about what promotes innovation.
By PAUL LIGHT
Contributor
Controversy Over Grant-Maker Competition Exposed Divide Over Role of Markets
Critics of the Council on Foundations fail to understand that competitions are a smart way for nonprofits to get fresh ideas, just as businesses do.
By sheila herrling
Contributor
Michael Bloomberg’s ‘Letter on Philanthropy’ Outlines Giving Mission
The former New York mayor plans to focus on partnerships with governments that “embolden” public agencies to experiment and innovate in health, the environment, and other areas, Politico writes.
Surprise Gifts From Patriots Owner Buoying Boston Charities
Billionaire New England Patriots owner Robert Kraft is quietly putting an unusually personal imprint on this family’s philanthropy, picking up the mantle from his late wife, The Boston Globe writes.
Eli Lilly’s Giving Shift Mixes Business and Social Goals
The pharmaceuticals firm is remaking its philanthropic strategy, embracing the notion of shared value by concentrating more of its giving in areas that can serve the company’s financial interests as well as meeting its mission of improving health, the Indianapolis Business Journal writes.