What Michael Bloomberg’s Plan to Transfer His Company to Charity Could Mean for Philanthropy
The former New York mayor’s plans to give his $12 billion company to Bloomberg Philanthropies could signal a sea change in how mega-donors give.
By Maria Di Mento
Senior Editor
Tex. Billionaire George Bishop Gives $100 Million for Scholarships
Plus, New York financier Ron Perelman gave $25 million to Brown University, a Community College got $10 million, and four other universities received multimillion-dollar donations.
By Maria Di Mento
Senior Editor
No, Not All Philanthropic Views Are Good, and Many Don’t Deserve Our Respect
An essay in the Chronicle by six philanthropy leaders urging support for pluralism disregarded the real dangers caused by big donors, especially by those who fund efforts to take away rights and hurt marginalized groups.
By Vu Le
Contributor
A study released today shows that $70 billion was awarded, most of it from people in the wealthiest nations.
By Sara Herschander
Contributor
Audacious Project Commits More Than $1 Billion to Address Pressing Global Issues
Also, the Robert Wood Johnson Foundation pledged $5 million for research and programs to reduce incidents of gun violence, and Google.org gave $1.1 million to create a marketplace where impact investors, companies, and philanthropists can purchase social-impact credits from nonprofit groups.
By M.J. Prest
Senior Editor, Solutions
Lawsuits are not as risky or costly as many grant makers believe — and are one of the best strategies for achieving lasting effects on a wide range of environmental issues.
By Bruce Reznik
Contributor
San Diego Civic Organization Lands $20 Million From 95-Year-Old Sailing Great
Plus, Harvard received $300 million from hedge-fund manager Kenneth Griffin, Robert Smith donated $15 million for career-readiness programs for underserved high-school students, and Kathryn and Kenneth Chenault gave Bowdoin $2 million to honor a civil-rights leader.
By Maria Di Mento
Senior Editor
Foster-Care Veteran Gets $47.5 Million From Audacious Project to Redesign Child-Welfare System
Sixto Cancel argues that people who have experienced the child-welfare system are the ones to make it better. Now some of America’s biggest philanthropists are betting that he’s right.
By Drew Lindsay
Senior Editor, Special Projects
Hess Corporation Commits $50 Million to Bolster Plants’ Role in Mitigating Climate Change
Also, a $40 million grant to Children’s Hospital Los Angeles and the University of Southern California will support a new partnership in biomedical research, and 31 nonprofit groups with Muslim leaders will share $2 million from the Pillars Catalyze Fund.
By M.J. Prest
Senior Editor, Solutions
Billionaire Financier Kenneth Griffin Gives Harvard $300 Million
The new gift brings the Citadel founder’s lifetime support of his alma mater to more than $500 million.
By Maria Di Mento
Senior Editor
James Irvine Foundation Commits $186.5 Million to Continue Its Fair-Work Program
Also, the Foundation to Combat Antisemitism will spend $25 million on its #StandUpToJewishHate media campaign, and the Hewlett Foundation has granted $20 million to back interdisciplinary cyber-policy programs at two historically Black and two Hispanic-serving institutions.
By M.J. Prest
Senior Editor, Solutions
4 Ways Foundations Can Help Strengthen Nonprofits
Here’s how one grant maker helps nonprofits build organizational capacity — and how your foundation can, too.
By RICK MOYERS
Contributor
Purdue U. Pharmacy College Gets $20 Million to Launch New Program
Plus, the University of New Hampshire landed $20 million to assist honors students, UVA got $10 million to develop more socially conscious business leaders, and a foundation that raises money for a veterans museum landed $10 million for a new building.
By Maria Di Mento
Senior Editor
Grant makers are hiring historians and taking other steps to learn whether their founders harmed people or the environment to get rich and then deciding how best to make up for what has caused the problems of today.
By Alex Daniels
Senior Editor, Foundations
15 Grant Makers Pool $102.5 Million for Indigenous-Led Conservation Efforts
Plus, the Bezos Earth Fund gave $34.5 million to four nonprofit groups to improve greenhouse-gas accounting and develop sustainable food systems, and the Helmsley Charitable Trust granted $26.4 million to expand access to ultrasound imaging services throughout Minnesota.
By M.J. Prest
Senior Editor, Solutions
Ford’s Darren Walker Urges Philanthropy to Do More to Fight Injustices
In an interview with the Chronicle, Walker talks about the broad array of approaches grant makers can take to achieve real change in society — and fends off the criticism that has surrounded big philanthropy in recent years.
By Alex Daniels
Senior Editor, Foundations