Council on Foundations Venture-Capital Style Contest Sparks Ire
Philanthropy experts say competing on stage for $40,000 will humiliate participating nonprofits.
By Alex Daniels
Contributor
Starbucks’s Schultz Opens New Front in Helping Veterans Enter Work Force
His family foundation is leading an effort to prepare soldiers for civilian jobs, even before they leave military service.
By Megan O’Neil
Contributor
Bloomberg Fund Backs International Effort on Health Data
Bloomberg Philanthropies and the Australian government are launching a cooperative four-year effort to help countries in Africa, Southeast Asia, and Latin America more closely track the health of their populations, The Wall Street Journal reports.
Clinton Foundation Reaps Success and Criticism in Haiti
The Washington Post looks at the foundation’s high-profile rebuilding work in post-earthquake Haiti, finding both successes in health and entrepreneurship programs and a growing backlash over economic development projects viewed by some as serving Clinton allies more than struggling Haitians.
Family Dollar Boss Gives $45 Million to Grow Foundation
The donation by Howard Levine, chief executive officer of the recently sold retail chain, more than triples his charitable foundation’s asset base to $65 million, reports the Charlotte Observer.
$45-Million Gift Boosts Arts at Southern Methodist U.
The Meadows Foundation, a longtime donor to Southern Methodist University, is giving another $45 million to support the campus’s Meadows Museum and Meadows School of the Arts, reports The Dallas Morning News.
$20 Million Contribution Boosts University Literary Center
The University of Nevada at Las Vegas will use the Rogers Foundation gift to expand programs at the college’s Black Mountain Institute writing center, the Las Vegas Review-Journal reports.
Bloomberg and Gates Team on Fund to Defend Smoking Laws
Bloomberg Philanthropies and the Bill & Melinda Gates Foundation announced the formation Wednesday of a joint $4 million fund to help poorer countries fight tobacco-industry challenges to their smoking laws, reports The New York Times.
Urban Institute Gets $8.4 Million to Help Measure Pay-for-Success Programs
The grant by the Laura and John Arnold Foundation will provide web tools and research to aid charities, government officials, and donors.
By Alex Daniels
Senior Editor, Foundations
Impact Investing Can Help Foundations Avoid Obsolescence
The disconnect between endowment investing and achieving a social mission can’t continue.
By William Burckart
Contributor
1,000 Works of East Asian Art Donated to 2 Museums
The Metropolitan Museum of Art and the Minneapolis Institute of Arts are announcing Monday the details of a gift of paintings, ceramics, and other works from the estate of collector Mary Griggs Burk, according to The New York Times.
Gates Foundation Steps Up Investments as Tool to Serve Goals
The New York Times reports on the Bill & Melinda Gates Foundation’s growing use of direct equity investments in companies whose work jibes with its key goals in medicine, education, and other areas.
$10 Million Gift Boosts Humanities at Ohio Community College
The donation from the philanthropic Mandel family’s foundations will establish a center at Cuyahoga Community College in Cleveland devoted to the liberal arts and nurturing civic engagement, The Plain Dealer writes.
New MacArthur President Promises Grant Making With a More Immediate Impact
Julia Stasch, who led as an interim chief and headed the fund’s U.S. programs, plans to devote $100 million to working on a single social problem.
By Alex Daniels
Senior Editor, Foundations
Jeb Bush Education Charity Paid $3 Million to Adviser’s Firm
The Foundation for Excellence in Education contracted in 2013 and ’14 with a public-affairs firm led a political adviser to the former Florida governor and likely Republican presidential candidate, The Wall Street Journal reports.
Donna Shalala to Head Clinton Foundation
The selection of the University of Miami president, who served as Secretary of Health and Human Services under President Bill Clinton, brings a trusted family ally to an organization hit by controversy, the Wall Street Journal reports.