Foundations Work Together to Amplify Their Grant Making
Twelve grant makers with small staffs formed the Big Bang Philanthropy alliance to drive more money to groups that are fighting poverty in the developing world.
Donor Fights Fracking Locally With $40-Million
Farhad Ebrahimi, the son of a tech entrepreneur, says his foundation is trying to influence state policies and organize grass-roots opposition to the controversial energy source.
Foundation Giving Not Likely to Grow Much in 2013
The projection comes as a new study shows that grant makers increased awards by nearly 4 percent last year.
Foundation Endowments Grew 12% in 2012
The progress came after grant makers lost 1 percent of their portfolio values in 2011.
Leader of Health-Care Charity Among MacArthur ‘Genius’ Grant Winners
Twenty-four people won the no-strings-attached $625,000 prize, including the leader of a health-care nonprofit that is helping cut down on unnecessary visits to hospital emergency rooms.
Withdrawal of $250-Million Gift Points to Need for Formal Donor Contracts
The public embarrassment surrounding the loss of a Centre College donation holds important lessons for other charities.
Next Gates CEO Probably Won’t Be a Microsoft Executive
Retiring Gates foundation chief executive Jeff Raikes says he expects the next leader to come from outside the company’s ranks.
Gates Foundation Chief Executive to Step Down
Jeff Raikes announced his retirement Tuesday from the Bill & Melinda Gates Foundation after more than five years leading the world’s largest philanthropy.
48% of Charity Leaders Say Foundations Are Oblivious to Their Needs, Says Survey
A new study by the Center for Effective Philanthropy says only 18 percent of charity executives feel strongly that they can be candid with their foundation supporters.
A Relief Fund Formed After 9/11 Pivots to Help Victims of Other Disasters
The Cantor Fitzgerald Fund is helping victims of catastrophes and causes that its employees care about after focusing much of its aid on people affected by the 2001 attacks.
With Facebook Stock Surge, $500-Million Gift Grows to $738-Million
Mark Zuckerberg’s donation to Silicon Valley Community Foundation will go to education and health causes.
MacArthur Foundation Increases ‘Genius Grants’ Stipend
The fellowships MacArthur awards will provide $625,000 over five years, a jump from $500,000.
Community Funds Worth More Than Before Recession, Study Finds
Assets at community foundations grew by an average of 9 percent last year, but their grants to charities rose by just 6 percent.
Ford Foundation Names Darren Walker as New CEO
In an interview, Mr. Walker said he planned no major transformation in the organization’s agenda but said he would sharpen attention to inequities in America and elsewhere.
Pay for Foundation Employees Rose Slowly Last Year
The median salary for all full-time foundation employees grew 2.1 percent last year, meaning that it simply kept pace with the rate of inflation.