Memorial Sloan Kettering Lands $400 Million From David Geffen and Ken Griffin
Plus, Sarasota Memorial Health Care System, Howard University, and two other nonprofit institutions win multi-million dollar gifts.
By Maria Di Mento
Senior Editor
Donor Revolts, Fundraising Fallout, and Why the Ivy League’s Turmoil Matters to All Nonprofits
Following the resignation of Penn President Liz Magill, nonprofit leaders, academics, and funders weigh in on donor influence and free speech politics.
18 Grant Makers Promise $302 Million to Aid Farmers in Climate Efforts
Also, a dozen foundations pooled $250 million to create the Ocean Resilience and Climate Alliance, and X Prize will give $101 million in awards through its new global competition to extend human life expectancy by up to 20 years.
By M.J. Prest
Senior Editor, Solutions
The Nonprofit World Is Obsessed With Scaling. But Is It Always the Right Choice?
Mega gifts from MacKenzie Scott and others are helpgroups scale their work. But effective expansion is about more than money.
By Kimberly Churches
Contributor
At Least $2.1 Billion in New Funds Pledged at COP28, as Foundations Focus On Health and Agriculture
With the United Nations climate talks wrapping up in Dubai, foundations and other funders pledged at least $2.1 billion in new financing to reduce climate impacts, especially from agriculture, and increasing help for vulnerable communities.
By Thalia Beaty
Associated Press
Retiring Philanthropy Leader Was Always ‘a Step or Two Ahead of the Pack’
Crystal Hayling continually challenged conventional wisdom, practicing trust-based philanthropy before it was fashionable.
By Eden Stiffman
Senior Editor
New England Patriots Owner Robert Kraft Gives $100 Million to Fight Antisemitism
Plus, MacKenzie Scott contributed $15 million for affordable housing, and the Hollywood producer Chuck Lorre gave $10 million to back a research education program for aspiring scientists from under-served areas of Los Angeles.
By Maria Di Mento
Senior Editor
Gates Foundation Takes On Poverty in the U.S. With $100 Million Commitment
The move is a change in how it operates, putting more power in the hands of grantees and looking to accelerate the speed at which its gifts have impact.
By Thalia Beaty
Associated Press
Moody Foundation Commits $1 Billion for Education in Texas
Also, the Mellon Foundation committed an additional $250 million to continue grant making through its Monuments Project, and Blue Meridian Partners, with support from the Ballmer Group, has awarded $150 million to back efforts that increase social and economic mobility for young people and families.
By M.J. Prest
Senior Editor, Solutions
Open Society Foundations Commits $50 Million to Women and Youth Groups’ Work on Democracy
The money will support nonprofits working on a wide range of issues impacting these groups, including reproductive justice, climate change, voting, and gun safety.
By Thalia Beaty
Associated Press
Art + Activism = Change. But It’s a Formula Philanthropy Largely Ignores.
Shifting cultural attitudes is the key to lasting social change. That’s why grant makers need to encourage and support alliances between artists and advocates.
By Ken Grossinger
Contributor
FedEx Founder Fred Smith Pledges $50 Million to Renovate Athletics Stadium
Plus, three other higher education institutions — Oregon State University, Evangel University, and Luther College — and two health-care organizations landed eight-figure gifts from big donors.
By Maria Di Mento
Senior Editor
How Foundations Can Build Trust-Based Relationships With Grantees
Involve potential grantees in learning at the outset, and more advice from a grant maker and a nonprofit leader.
Can a Nonprofit Help Lawmakers Understand A.I.?
The Horizon Institute for Public Service aims to bridge the gap between the worlds of policy and emerging tech, like A.I., by creating a pipeline of tech-savvy public servants.
By Eden Stiffman
Senior Editor
Bezos Day 1 Families Fund Awards $117.6 Million to Help Homeless Families
Also, the Kalahari Resorts and Conventions commit to $50 million for clean water; and a $30 million grant for a cancer center at Health Crown Point hospital, in Indiana.
By M.J. Prest
Senior Editor, Solutions
Charlie Munger, Big Donor and Warren Buffett’s Business Partner, Has Died
The influential investor gave more than $500 million during his lifetime, primarily to build university student housing.
By Maria Di Mento
Senior Editor